Daily Debrief: What Happened Today

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Singapore's Wuthelam Group to buy out Nippon Paint for 1.29 trillion yen

NIPPON Paint Holdings on Friday said it will sell 1.185 trillion yen (S$15.37 billion) worth of shares to Singapore's Wuthelam Group, whose stake in the Japanese company will then rise to just under 60 per cent from 39 per cent.

More Singapore firms set to adopt fintech to boost efficiency: CPA poll

ABOUT 73 per cent of Singapore businesses expect to use at least one fintech product or service in the next 12 months, compared with 67 per cent in the past 12 months.

89 BTO projects have resumed works, only one site pending approval: HDB

CONSTRUCTION works have resumed at a total of 89 Build-To-Order sites from Monday, said Minister for National Development Desmond Lee on Friday.

Singtel's AIS to rent 155 telco towers from CAT Telecom under settlement

SINGAPORE Telecommunication's Thai associate Advanced Info Service (AIS) on Wednesday agreed on a settlement with CAT Telecom over telecommunication tower disputes between CAT and AIS subsidiary Digital Phone Company.

OCBC provides 115b won green loan to M&G Real Estate Asia

OCBC Bank has provided a green loan of 115 billion South Korean won (S$132.6 million) to M&G Real Estate Asia to refinance an investment in Northgate, a green building in Seoul's central business district, with the bank as the sole lender and green adviser.

Singapore-based lessor BOC Aviation says airline clients repaying delayed rentals

MOST of BOC Aviation's airline clients have resumed rental payments, a sign of cautious optimism, after deferring payments when the pandemic struck this year, the Asian lessor's top executive told Reuters in an interview.

Corporate earnings

The STI today

STI finishes the week with slight recovery of 0.02%

AFTER a four-day decline, the benchmark Straits Times Index finally ended up 0.62 point or 0.02 per cent to close at 2,528.54 on Friday.