Daily Debrief: What Happened Today

Stories you might have missed

SIA, Genting, Suntec likely winners as consumers switch spending from products to services: DBS

INVESTORS looking to hedge against a potential change in spending patterns could consider switching up their buys from manufacturing towards the services sector, said DBS in a report on Monday (Aug 5).

Singapore retail sales grow 13.7% in July, extending June growth

SINGAPORE’S retail sales grew 13.7 per cent year on year in July, extending the 14.9 per cent increase seen in the month before.

Seven Sim Lim Square units for nightlife venue use on the market for S$17m

SEVEN retail units at electronics and IT mall Sim Lim Square have been put on the market for sale via private treaty with a guide price of S$17 million, marketing agent Huttons Asia said on Monday (Sep 5).

Tough financial conditions belie a ripe venture debt market

TOUGH market conditions are creating a spike in demand for venture debt among startups. A tighter funding environment along with unfavourable exit conditions in public markets have led to more venture debt requests, even more so than at the onset of the pandemic in 2020.

Schooling, Noble and financial market regulation

DURING my growing-up years, I was warned I might become a drug addict if I kept bad company, listened to the wrong kind of music, let my hair grow too long, or failed to do my homework.

Leading Singapore entities raise concerns about draft global accounting rules on sustainability, climate

Leading Singapore organisations have expressed concerns about harmonisation, comparability, usability and understanding in responses to the International Sustainability Standards Board’s (ISSB) draft standards on sustainability- and climate-related disclosures, a Business Times analysis has found.

The STI today

Singapore stocks end 0.3% higher as regional markets close mixed

THE Singapore stock market closed higher on Monday (Sep 5) even as regional markets traded mixed, reversing the downtrend from trading last week.