Daily Debrief: What Happened Today

Stories you might have missed

Prices of private homes up 3.5% in Q2 as market rebounds on record launch prices, strong volume

PRICES of private residential properties rose 3.5 per cent in the second quarter versus the previous quarter, higher than the 3.2 per cent flash estimate released earlier this month, as well as the 0.7 per cent increase chalked up in Q1.

Singapore hotels rake in highest revenue per available room since start of Covid-19 pandemic: STB data

SINGAPORE hotels raked in the highest revenue per available room (RevPAR) in June, the highest since the Covid-19 pandemic began. Average room rates also hit a 6-year high, data from the Singapore Tourism Board (STB) showed.

Changi Airport’s T4 resumes operations from Sep 13; 16 airlines to progressively relocate operations

CHANGI Airport’s Terminal 4 (T4) will resume operations from Sep 13, after a more than 2 year hiatus due to the Covid-19 pandemic.

SGX, NYSE join hands for company dual listings, ETFs

SINGAPORE Exchange Ltd (SGX) said on Friday it will team up with the New York Stock Exchange for dual listing of companies on both the bourses, allowing investors to tap overseas investment opportunities on the two major exchanges.

Singapore central region retail rents down 0.5% in Q2, signals rocky road to recovery

WHILE the easing of pandemic measures have supported retail activity, border restrictions and the looming economic downturn remain obstacles to the sector’s recovery.

The STI today

Singapore stocks end the week on strong note as Wall Street rally continues; STI up 0.9%

THE Straits Time Index (STI) rose 0.9 per cent or 29.04 points to close at 3,181.34 points on Friday (Jul 22), tracking gains on Wall Street.