Daily Debrief: What Happened Today

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Singapore, Australia to explore ‘new areas of cooperation’ such as supply chain resilience: PM Lee

SINGAPORE and Australia will explore “new strategic areas of cooperation” such as supply chain resilience, Prime Minister Lee Hsien Loong said on Tuesday (Oct 18) in Canberra, after both countries signed a landmark Green Economy Agreement (GEA).

HDB launches new five-year green senior bond at 4.09%, capped at S$1.2b

THE Housing Development Board (HDB) has launched a new five-year green senior bond with a coupon rate of 4.09 per cent per annum, with an issue size capped at S$1.2 billion, according to a Bloomberg report on Tuesday (Oct 18).

Luxury condo sales hold up in Q3 even as top-end GCB market softens

DEMAND for luxury condominiums in Singapore continues to hold up, even as sales of top-end Good Class Bungalows (GCB) soften, said Huttons Asia in its latest report on the luxury market released on Tuesday (Oct 18).

Singapore needs twin strategy of staying open and developing local: DPM Wong

SINGAPORE needs to pursue a twin strategy – of staying open and developing local – in order to continue thriving, said Deputy Prime Minister Lawrence Wong on Tuesday (Oct 18).

CapitaLand Ascott Trust retains ‘global sector leader’ title under sustainability rankings

LATEST Global Real Estate Sustainability Benchmark (GRESB) rankings released on Tuesday (Oct 18) showed that CapitaLand Ascott Trust (Clas) continued to hold pole position as the global sector leader for hotels for the second time running.

The STI today

Singapore stocks snap 8-day losing streak on Tuesday, STI up 0.3%

SINGAPORE stocks ended higher on Tuesday (Oct 18), snapping an eight-day losing streak as regional markets rallied on the back of positive developments in the UK’s economic policy.