Daily Debrief: What Happened Today

Stories you might have missed

SGX RegCo will consider costs, benefits for ESG disclosure requirements: chairman

AS SINGAPORE Exchange Regulation (SGX RegCo) looks to introduce updated governance and disclosure standards, the market regulator promised to be mindful of costs companies will incur to comply with these standards.

Singapore firms blame lack of budget, talent for sustainability struggles: report

ALTHOUGH a majority of Singapore businesses see the importance of sustainability, challenges like insufficient budget and a lack of specialised talent continue to weigh.

Singapore corporate governance improving; SATS maintains lead in governance index

THE Singapore Governance and Transparency Index (SGTI) climbed to a new high this year, as companies committed themselves to better corporate governance and sustainability disclosure practices.

City Hall office rents hit S$9.82 psf in Q2, second to Marina Bay: Savills

OFFICE rents in City Hall rose 1.3 per cent quarter-on-quarter to S$9.82 per sq ft (psf), making it the second-highest in rent among Grade A central business district (CBD) micro-markets after Marina Bay, Savills Singapore said in a Wednesday (Aug 3) report.

COE premiums for large cars and Open category dipped slightly

CERTIFICATE of entitlement (COE) premiums for large cars and the Open category ended lower at the latest tender exercise that closed on Wednesday (Aug 3).

Corporate Earnings

• OCBC Q2 profit beats forecasts to rise 28% to S$1.48b; S$0.28 interim dividend declared
• Daiwa House Logistics Trust posts H1 DPU of S$0.0309; NPI down 4.5%

The STI today

Singapore stocks rise as jitters over US-China tensions ease; STI up 0.4% 

ASIAN markets shrugged off worries on Wednesday (Aug 3) as China has thus far exercised military restraint over a trip made by a high-level US official to Taiwan.