Daily Debrief: What Happened Today

Stories you might have missed

Premium car COE prices hit record high of S$121,000, other categories remain largely stable

CERTIFICATE of Entitlement (COE) prices for June’s second round of bidding ended with stable, mixed results for all categories, although the premium car category, Category B, hit a record high of S$121,000.

Government bumps up supply of private homes for full-year 2023 to highest in decade

TO CATER to strong private residential demand, the government is further increasing the supply of private homes on the confirmed list to about 5,160 units – including 560 executive condominium (EC) units – in the second half of this year.

MAS fines DBS, OCBC, Citi, Swiss Life for ‘inadequate controls’ uncovered in Wirecard investigations

THE Monetary Authority of Singapore (MAS) has imposed composition penalties amounting to S$3.8 million on DBS, OCBC, Citibank and insurer Swiss Life (Singapore) for breaching its anti-money laundering and countering the financing of terrorism requirements.

Fashion retailer Love, Bonito faces complaints over delayed orders; cites manpower shortage

HOME-GROWN fashion retailer Love, Bonito has received more than 200 complaints over delayed orders from its recent mid-year sale held from May 29 to Jun 12.

SPH Media files police report following investigation into overstated circulation figures

SPH Media Group (SMG) filed a police report on Wednesday (Jun 21), following an investigation into overstated circulation figures.

Raffles Education puts corporate building on the market again for S$200 million

RAFFLES Education’s commercial building, Raffles Education Square, is up for sale again via tender with an unchanged guide price of S$200 million.

The STI today

Keppel and Sembcorp claw back gains on Wednesday; STI up 0.1% despite US stocks’ slide

SINGAPORE stocks ended higher on Wednesday (Jun 21), despite US stocks sliding as its market rally cooled.