Daily Debrief: What Happened Today

Published Tue, Mar 28, 2023 · 06:30 PM
    • Flash estimates from SRX and 99.co on Tuesday show that 756 resale units were sold in February 2023, a 50.3 per cent increase from the 503 units sold in January.
    • Flash estimates from SRX and 99.co on Tuesday show that 756 resale units were sold in February 2023, a 50.3 per cent increase from the 503 units sold in January. PHOTO: BT FILE

    Stories you might have missed

    Condo resale volumes rise 50.3% in February; first increase after four months: SRX, 99.co

    RESALE volumes of private condominiums rose for the first time since October 2022, driven by pent-up demand after the Chinese New Year period.


    Commonwealth Capital’s new cold-chain logistics facility to create 130 jobs

    A NEW S$200 million cold-chain food logistics facility in Singapore is expected to create up to 130 jobs, while strengthening the country’s food security and supply-chain capabilities.


    Portfolio of HDB shophouses, Peninsula Plaza retail unit for sale at S$52.2 million guide price

    DECODING ASIA

    Navigate Asia in
    a new global order

    Get the insights delivered to your inbox.

    A PORTFOLIO comprising 11 HDB Housing and Development Board (HDB) shophouses, along with a 999-year leasehold strata retail shop at Peninsula Plaza, are up for sale at a guide price of S$52.2 million.


    GK Goh independent financial adviser deems privatisation offer ‘fair and reasonable’

    AN INDEPENDENT financial adviser (IFA) appointed by GK Goh on Tuesday (Mar 28) recommended shareholders accept the offer by GK Goh’s founder and chairman to take the company private at S$1.26 per share, on grounds that it is “fair and reasonable”.


    Thomas Zilliacus, a reported bidder for Manchester United, and his ties with Singapore

    READERS of British newspapers have recently become acquainted with Thomas Zilliacus – reportedly among those bidding for English Premier League football club, Manchester United.


    SVB failure casts a chill across Asean’s climate startups landscape

    CLIMATE venture capitalist Djoann Fal had one of the most stressful weeks of his career after news hit on Mar 10 that Silicon Valley Bank (SVB) in the US had collapsed.


    The STI today

    Singapore stocks end higher on Tuesday; STI up 0.5%

    LOCAL shares advanced further on Tuesday (Mar 28), as factors like the banking crisis and inflation did little to dampen investor sentiment.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Copyright SPH Media. All rights reserved.