Daily Debrief: What Happened Today

Published Fri, Sep 15, 2023 · 06:30 PM
    • Analysts have noted that August is typically a slow month for property sales, with traditional superstitions around making home purchases during the lunar seventh month keeping buyers at bay.
    • Analysts have noted that August is typically a slow month for property sales, with traditional superstitions around making home purchases during the lunar seventh month keeping buyers at bay. PHOTO: BT FILE

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    New private home sales muted in August as Ghost Month, weak sentiment keep buyers away

    DEVELOPERS sold just 394 new private residential units in August, 72.1 per cent lower than July’s sales figures, and also 10 per cent lower year on year.


    Sea CEO rallies staff as Shopee’s competitors close in

    THE chief executive of Internet company Sea has called for employees to gear up for a fight as e-commerce competitors challenge Shopee’s market share.


    What happens in Vietnam, stays in Asean: Malaysia’s trade minister Zafrul

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    A SENIOR Malaysian minister has declared that the country is unfazed by the competition heating up in the manufacturing space, following the US’ move to tighten economic, trade and investment ties with Vietnam, Malaysia’s smaller South-east Asian peer.


    Powering up land use

    SP GROUP’S Labrador Tower office and retail project coming up in Pasir Panjang Road will boast an impressive suite of green features to improve energy efficiency – including thermal energy storage, a microclimate control system powered by artificial intelligence, and hybrid active chilled beams.


    Meta Health awarded S$1.4 million in suit against subsidiary’s former executive

    META Health has been awarded S$1.4 million in damages and costs amid its ongoing lawsuit against a former executive of its subsidiary.


    Singapore stocks rise on optimism over China’s recovery; STI up 1%

    THE Straits Times Index (STI) gained 1 per cent or 31.18 points to 3,280.69 on Friday (Sep 15) amid a lifting of sentiment across regional markets as Chinese economic data beat expectations.

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