Daily Debrief: What Happened Today
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Temasek sees slower pace of investment in current FY, further downside in markets
THE state investment firm reported during its annual Temasek Review that net portfolio value had grown S$22 billion over the last financial year to S$403 billion as at end March 2022.
New car, active hiring suggest Tesla Singapore supply woes are over
ELECTRIC car company Tesla launched the Model Y at a pop-up store in Ion Orchard on Tuesday (Jul 12), with this midsize Sport Utility Vehicle (SUV) – the second model in its local lineup – possibly ending a dry spell for the brand here.
SGX securities turnover value falls 4% to S$25.6b in June
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MONTH on month, the total market turnover value dropped 10.4 per cent, but the total market turnover volume rose 2 per cent in June, according to SGX’s monthly market statistics report released on Tuesday (Jul 12).
Hafary to acquire 11 shophouses on Lavender Street for S$71.28m
THE property, which consists of a row of 11 shophouses currently tenanted to popular cafes such as Apartment Coffee and Glacier, will be established as the group’s new flagship store.
Johnson & Johnson Vision, A*Star sign MOU for S$15m Eye Health Digital Innovation Consortium
AS the first of its kind in the Asia-Pacific, the consortium will forge public-private partnerships between eye care professionals, academia, and the industry to bring about innovations addressing eye health needs.
The STI today
Singapore stocks buck regional rout; STI rises 0.5%
THE Straits Times Index (STI) bucked the regional trend and ended Tuesday (Jul 12) up 0.5 per cent or 14.51 points to close at 3,145.77.
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