Daily Debrief: What Happened Today
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Singapore banking system remains ‘sound and resilient’ amid SVB collapse: MAS
MAS said the Singapore banking system has “insignificant exposures to these failed banks in the US”.
Does demand for HDB BTO units in mature estates need tempering?
FOR some young couples who target a BTO unit in a mature estate, getting a flat in a non-mature estate quicker may work better. As their income rises, the couple can sell the said home post MOP and move to a resale flat in a mature estate of their choice or even a private home.
China reopening drives SGX derivatives trading in February: report
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NOTABLY, total derivatives traded volume reached its highest in three months at 20 million contracts, up 7 per cent from the same period a year earlier.
Vietnam telehealth startup Medigo raises S$2 million in East Ventures-led round
WITH the funding, Medigo plans to strengthen its services and develop a healthcare ecosystem in Vietnam, including remote doctor consultation, 24-hour medicine delivery and home testing services.
Underperforming aviation counters trade at attractive levels: DBS
DBS believes that aviation stocks are currently trading at attractive levels with favourable risk-to-reward ratios.
The STI today
STI falls 1.4 per cent amid mixed Asian trading as investors weigh SVB collapse
THE benchmark Straits Times Index (STI) slid 1.4 per cent or 45.06 points to close at 3,132.37, with all but four counters ending the day in the red.
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