Daily Debrief: What Happened Today

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Singapore launches framework for upcoming sovereign green bond issuance

SINGAPORE on Thursday (Jun 9) launched a governance framework for sovereign green bond issuances under the Significant Infrastructure Government Loan Act 2021 (Singa).

Higher BTO supply leaches demand for HDB resale flats in May; volumes drop 5.1%: SRX, 99.co

THE rise in Housing and Development Board (HDB) resale flat prices faltered as volumes fell in May after gaining ground in the months before.

Asian industrial Reits to continue outperformance: Cushman & Wakefield

INDUSTRIAL Real Estate Investment Trusts (Reits) in Asia-Pacific recorded an annualised total returns of 24.7 per cent on the back of unprecedented growth in e-commerce during the past 3 years.

Family offices unstopped by tougher tax rules but face staffing hurdles, longer wait times

SUPER-RICH families looking to park some of their wealth in Singapore are unstopped by a more-stringent criteria to qualify for tax breaks, but may hit roadblocks on staffing and approvals.

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Daily Debrief: What Happened Today

Global private equity deal value hits 12-month low in May

BOTH deal volume and value for global private equity (PE) and venture capital (VC) entries for May 2022 fell to their lowest monthly totals in at least a year, new data from S&P Global Market Intelligence showed.

Corporate Earnings

• Top Glove Q3 profit slumps to RM15.3m amid higher costs, moderating demand

The STI today

Singapore stocks fall on Thursday, tracking regional decline; STI down 0.5%

SINGAPORE shares lost ground on Thursday (Jun 9), in line with most markets in the region, with risk sentiment hit over fresh lockdowns in parts of Shanghai and inflation concerns.