Daily Debrief: What Happened Today

Stories you might have missed

Latest Treasury bill yields 4.28% in Singapore’s last auction for 2022

IN THE last six-month Treasury bill (T-bill) issuance of the year, the cut-off yield managed to stay above 4 per cent, at 4.28 per cent when auction closed on Wednesday (Dec 21).

Singapore, Jiangsu to work more closely in green development, innovation

SINGAPORE and China’s Jiangsu province will work more closely in areas such as green development and innovation, leaders from both sides said at the 16th Singapore-Jiangsu Cooperation Council (SJCC) meeting on Wednesday (Dec 21), at which 16 memoranda of understanding (MOUs) were signed.

South Korean, Chinese telcos are strongest contenders in Asian telecoms space: analysts

TELCOS in South Korea and China have the potential to generate stronger dividend returns for investors, relative to their peers, thanks to rapid adoption of 5G and benign competitive environments in their markets.

Doctor Anywhere raises US$38.8m from investors including IHH Healthcare, EDBI

HEALTHCARE company Doctor Anywhere said on Wednesday (Dec 21) that it has raised an additional US$38.8 million in its Series C1 round led by Novo Holdings, with participation from existing investors including IHH Healthcare and Singapore’s EDBI.

Upcoming GST hike is just part of wider inflation woes: businesses

THE upcoming goods and services tax (GST) hike will have a limited standalone impact, as it is merely part of wider cost pressures that businesses have been facing, companies told The Business Times.

The STI today

Local shares book minor gains on Wednesday; STI up 0.1%

SINGAPORE stocks eked out slight gains on Wednesday (Dec 21), as traders hunted for bargains in the local stock market and shrugged off concerns over inflationary pressures and interest rate hikes.