Daily Debrief: What Happened Today

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Sembmarine, Keppel O&M in giant merger to create offshore powerhouse

SINGAPORE’s decades-long anticipated merger of home-grown offshore and marine (O&M) giants Keppel O&M and Sembcorp Marine (Sembmarine) is finally in the works and will create a global offshore powerhouse valued at S$8.7 billion to tap the green energy boom.

Businesses and workers need to find new ways to emerge stronger from pandemic: Tan See Leng

SINGAPORE businesses and workers must find progressive new ways to reimagine and restructure the way they work, to emerge stronger from Covid-19, Minister of Manpower Tan See Leng said on Wednesday in his May Day Message.

Sustainability-linked loans trump other green finance for Singapore property firms

PROPERTY firms and real estate investment trusts (Reits) bagged nearly half of the green debt raised by Singapore companies last year, with sustainability-linked loans making up the lion’s share, according to an analysis by the Institute of Real Estate and Urban Studies (IREUS).

MAS aims to reach conclusion on Noble Group matter by Q3; investigations into Hyflux, EHT still ongoing

THE Monetary Authority of Singapore (MAS) has provided updates on the investigation of ongoing high-profile cases in its bid to provide greater transparency on ongoing efforts.

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Daily Debrief: What Happened Today

Singapore moves up to 8th position in Schroders Global Cities Index, emerges as top city in Asia

SINGAPORE has moved up 3 ranks in the past year to 8th place in the Schroders Global Cities Index in 2021, overtaking Hong Kong to emerge as the top city in Asia.

Corporate Earnings

• FCT raises H1 DPU by 2.3% on improved operating, financial performance

The STI today

Singapore shares marginally down 0.04% in tandem with overnight US stock rout

SINGAPORE shares were down on Wednesday (Apr 27), in line with most key regional bourses, following an overnight US equities rout that sent the Nasdaq sliding by nearly 4 per cent.