Daily Debrief: What Happened Today

Stories you might have missed

COE prices plunge by up to S$40,000 on quota bump

CERTIFICATE of Entitlement (COE) prices for November’s first round of bidding fell across the board after news of a COE quota increase, with a dramatic drop of S$40,000 for the category reserved for larger, more powerful cars.

Fewer Singaporeans able to spend beyond basics and more are short on ‘emergency funds’: OCBC survey

FEWER Singaporeans are able to comfortably spend on things beyond the basics, and more do not have sufficient “emergency funds” or enough savings to meet their families’ needs over the next year, a survey by OCBC found.

Cut-off yield for latest 6-month T-bill falls to 3.75% as demand grows

CUT-OFF yield for the latest six-month T-bill has fallen to 3.75 per cent as demand for this round rose, according to the data on the Monetary Authority of Singapore’s (MAS) website on Wednesday (Nov 8).

Another BNPL player croaks; Pace in liquidation due to liabilities

ANOTHER buy now, pay later (BNPL) player has shuttered, with Pace liquidating its business.

Seatrium Q3 net order book rises 150%; expects net loss for FY2023

SEATRIUM posted a net order book of S$17.7 billion as at Sep 30. This is 148.9 per cent higher than the S$7.1 billion it reported as Sembcorp Marine a year earlier.

Singapore stocks slide amid sea of red across Asia markets; STI down 1.4%

SINGAPORE shares fell on Wednesday (Nov 8), tracking a broader decline across most markets in the region.