Daily Debrief: What Happened Today

Stories you might have missed

Tharman to stand in Singapore’s next presidential election

SENIOR Minister Tharman Shanmugaratnam has announced he will be running in Singapore’s next presidential election.

Singapore sets new data centre standards to raise operating temperatures, save energy

DATA centres in the region could soon raise their operating temperatures safely as Singapore launches a standard for optimising energy efficiency in tropical climates.

HDB resale price growth slows in May, while volumes rise: SRX, 99.co

RESALE prices of Housing and Development Board (HDB) flats continued to rise in May at a moderate pace of 0.3 per cent compared with 1.1 per cent in April 2023, according to flash estimates from SRX and 99.co.

Quarz requisitions EGM to remove Sabana Reit’s manager in favour of internalisation

ACTIVIST investor Quarz Capital has requisitioned an extraordinary general meeting (EGM) to remove the manager of Sabana Industrial Real Estate Investment Trust (Sabana Reit) in favour of an internal manager.

MAS to set supervisory expectations on credible transition planning

THE Monetary Authority of Singapore (MAS) announced on Thursday (Jun 8) that it will set up supervisory expectations to steer financial institutions’ transition planning processes to facilitate credible decarbonisation efforts by their clients.

Latest Singapore 6-month Treasury bill offers 3.84% cut-off yield

SINGAPORE’s latest six-month Treasury bill (T-bill) has closed its auction with a cut-off yield of 3.84 per cent on Thursday (Jun 8).

The STI today

Singapore shares buck down trend in Asia

SINGAPORE shares bucked the downtrend in most Asia bourses on Thursday (Jun 8), after recovering some lost ground in the afternoon session.