Daily Debrief: What Happened Today

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Developing Apac’s dividend payments to shrink 0.3%: S&P Global Market Intelligence

DIVIDEND payments for 2023 from the developing Asia-Pacific (Apac) region are estimated to shrink 0.3 per cent or US$0.8 billion to US$279 billion, said S&P Global Market Intelligence.

Malaysia’s industrial production slips 2.2% in June as manufacturing and mining output decline

MALAYSIA’S industrial production index (IPI) fell 2.2 per cent year on year in June due to contractions in the manufacturing and mining sectors, the Department of Statistics Malaysia (DOSM) said on Tuesday (Aug 8).

OCBC prices S$550 million perpetual capital securities at 4.5%

OCBC has priced S$550 million in perpetual capital securities at 4.5 per cent per annum, first callable in 2029.

Let Singaporean private homeowners own resale HDB flats too

FOR many Singaporeans, the first step in the homeownership journey is buying a build-to-order (BTO) flat from the Housing and Development Board (HDB). BTO flats are sold at subsidised prices, and many BTO flat buyers receive housing grants..

Marina Bay Sands’ charity festival returns in full force with booths, art, performances

OVER the weekend, the outdoor space at Marina Bay Sands’ (MBS) Event Plaza came alive with live performances, merchandise booths, food trucks and even a light and water show.

Singapore stocks rise even as Chinese trade slump rattles markets; STI up 0.1%

LOCAL shares edged up on Tuesday (Aug 8), even as weak Chinese trade data for July weighed on markets in the region.