Daily Debrief: What Happened Today

Stories you might have missed

Singapore industrial space prices, rents creep up in Q2; occupancy up 0.2%: JTC

THE prices and rents of Singapore industrial spaces continued to climb in the second quarter of 2022, while occupancy rates inched up after dipping in Q1, according to JTC's quarterly market report released on Thursday (Jul 28).

Park View Mansions sold to Chip Eng Seng, KSH, SingHaiyi for S$260m

MAINBOARD-LISTED property groups Chip Eng Seng and KSH Holdings announced on Thursday (Jul 28) that it will be buying over 160-unit Park View Mansions for S$260 million, together with delisted SingHaiyi Group via a joint tender.

Stopping new angpow notes could save emissions equal to annual power for 430 HDB flats

THE Monetary Authority of Singapore (MAS) aims to pave a way towards a future where it will no longer issue new notes for festive gifting by encouraging the public to use fit notes and e-payments solutions.

Fund managers required to disclose strategies, metrics of ESG funds in 2023

FROM Jan 1, 2023, fund managers in Singapore will be required to disclose the investment strategies, metrics and criteria of retail funds sold with the environmental, social and governance (ESG) label, as part of the Monetary Authority of Singapore’s (MAS) efforts to tackle greenwashing.

Fintech pioneer chases US$1b goal unfazed by IPO fiasco

PAYTM was the poster boy for India's tech startups, only to lose two-thirds of its value since its IPO and become a symbol of the industry's crash.

Corporate Earnings

• CICT’s H1 DPU up 0.8% on post-pandemic tailwinds, acquisitions

The STI today

Singapore stocks track Wall Street gains after interest rate hike; STI up 0.5%

THE Straits Times Index (STI) gained 15.51 points or 0.5 per cent to close at 3,220.65 points on Thursday (Jul 28), as markets in Asia tracked overnight Wall Street gains after the Federal Reserve raised interest rates by an expected 75 basis points.