Daily Debrief: What Happened Today
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SP Group in US$370m deal that can cut emissions equivalent to that from 110,000 cars
SP GROUP on Wednesday (May 18) clinched a US$370 million (S$513 million) deal to build and operate a district cooling system at French-Italian chipmaker STMicroelectronics’ manufacturing site in Ang Mo Kio over 20 years.
Singapore businesses in Shanghai gear up for planned lifting of Covid-19 curbs in June
WITH Shanghai aiming to reopen from Jun 1, Singapore businesses caught in its protracted lockdown are gearing up for a long-awaited return to business as usual.
Kensington Park condo launches S$1.28 billion collective sale tender
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KENSINGTON Park condominium in Serangoon has been offered for en bloc sale by public tender with a guide price of S$1.28 billion, sole marketing agent CBRE announced on Wednesday (May 18).
Enterprise demand drives WeWork growth in Singapore
ENTERPRISE customers are driving demand for WeWork offices in Singapore and South-east Asia, making up 46 per cent of physical memberships in South-east Asia.
Singapore-based Jungle Ventures closes US$600m fund, crosses US$1b AUM
SINGAPORE-BASED venture capital (VC) firm Jungle Ventures on Wednesday (May 18) announced the US$600 million close of its fourth fund, Fund IV.
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Singapore stocks buoyed by potential China reopening; STI up 0.7 per cent
THE Straits Times Index (STI) gained 0.7 per cent or 23.46 points to close at 3,225.35 on Wednesday (May 18), as Asian markets rose on the back of positive news from China.
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