Daily Debrief: What Happened Today

Stories you might have missed

Singapore retail sales in February rebound to 12.7% after brief dip

SINGAPORE’S total retail sales in February jumped 12.7 per cent year on year, more than reversing the brief dip in the previous month, data from the Department of Statistics Singapore (SingStat) showed on Wednesday (Apr 5).

Media fund, Orchard Road rejuvenation, sustainability road maps to boost Singapore tourism

A NEW S$10 million fund for media featuring Singapore and rejuvenation plans for Orchard Road are among the Singapore Tourism Board’s (STB) efforts to strengthen the country’s appeal and make it top-of-mind for potential visitors.

Vietnam startup funding falls sharply in 2022, but opportunities are still aplenty for investors

EVEN though Vietnam’s economy was among the best performers in Asia in 2022, it was a challenging year for startups, as venture capital (VC) deal values plunged sharply to US$634 million.

IPO proceeds in Asia-Pacific fall 70% in Q1 to US$12.7 billion: EY

PROCEEDS from initial public offerings (IPOs) in Asia-Pacific fell 70 per cent to US$12.7 billion in the first quarter of 2023, as the number of deals dropped 6 per cent to 175.

Scammers making calls without ‘+’ prefix may be using local SIM cards, say experts

SCAMMERS who make calls that show up as local numbers without the “+” prefix are likely to be using local SIM cards rather than number-spoofing techniques, said several experts.

The STI today

STI inches up 0.2%; banks lead 4th straight day of gains

SINGAPORE shares chalked up their fourth straight day of gains on Wednesday (Apr 5) despite Wall Street’s overnight retreat, as soft US jobs data renewed recession fears. This came even as worries over the banking crisis have yet to completely subside.