Daily Debrief: What Happened Today

Published Tue, Aug 30, 2022 · 06:30 PM
    • HDB said most home buyers will be able to afford the flats on offer through its August BTO exercise.
    • HDB said most home buyers will be able to afford the flats on offer through its August BTO exercise. PHOTO: BT FILE

    Stories you might have missed

    Close to 5,000 BTO flats launched in August including 2 prime projects

    THE Housing and Development Board (HDB) has launched 4,993 flats for sale under its August build-to-order (BTO) exercise.


    Pall Corp boosts semiconductor market with US$100 million manufacturing facility

    FILTRATION, separation and purification technology company Pall Corporation broke ground for a US$100 million manufacturing facility in Singapore on Tuesday (Aug 30), making it the latest addition to the nation’s recent wave of investments in the chip making sector.


    Temasek, HSBC launch infrastructure debt financing company with US$150m equity commitment

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    STATE investor Temasek and HSBC Holdings have officially launched their sustainable infrastructure debt financing company, Pentagreen Capital.


    Recruitment startup Glints raises US$50m in Series D funds

    GLINTS, a Singapore-based talent recruitment startup, has raised US$50 million in a Series D round co-led by DCM Ventures, Lavender Hill Capital and its existing investor Persol Holdings.


    Olam’s OFI obtains US$1.98b sustainability-linked loan

    OLAM Group’s wholly-owned food ingredients unit Olam Food Ingredients (OFI) has obtained a multi-tranche, sustainability-linked facility aggregating about US$1.98 billion from a total of 19 banks from Australia, Canada, Europe, Japan, the Middle East, Singapore and the US.


    Corporate Earnings


    The STI today

    STI gains ground with 0.53% jump

    SINGAPORE shares paid little heed to Wall Street’s overnight losses and gained ground on Tuesday (Aug 30), recouping much of the previous day’s losses sparked by rate hike jitters.

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