Daily Debrief: What Happened Today (Apr 3)

Stories you might have missed

Singtel slides amid heavy trading on news of scuppered Optus deal; company denies reports again

SINGTEL on Wednesday (Apr 3) again denied media reports over a potential deal regarding Australian subsidiary Optus, after its shares fell as much as 4.3 per cent in early trading.

OCBC confirms exploring redevelopment of Chulia Street property

OCBC has confirmed that it is exploring the redevelopment of its Chulia Street property.

Singapore proposes increased scrutiny of critical transport firms through legislation amendments

SINGAPORE is proposing a set of amendments to designate critical entities in air, sea and land transport in order to “strengthen the resilience of key firms” and safeguard their ability to provide essential transport services.

Passenger car COEs all rise, Category B back above S$100,000

CERTIFICATE of Entitlement premiums for passenger cars all rose in April’s first round of bidding, with the category for larger, more powerful cars rising above S$100,000 after a steady decline over the past two months.

Government gave grace period to 44 housing projects facing ABSD deadline within 2021 to 2023: Lawrence Wong

A TOTAL of 44 residential projects facing a critical sales deadline within 2021 to 2023 were granted an extension to their timelines, said Deputy Prime Minister Lawrence Wong in a written response in Parliament on Tuesday.

Singapore’s deep tech deal volume rise in 2023 as rationalisation returns to S-E Asia: report

THE number of Singapore deep tech deals in 2023 has increased 31.4 per cent to 159 from 121 in 2022, even as absolute deal value has fallen, according to a report by Enterprise Singapore and DealStreetAsia.

Singapore stocks slide on Wednesday; STI retreats 0.8%

SINGAPORE shares declined on Wednesday after a slide in US stocks. The benchmark Straits Times Index shed 0.8 per cent or 25.06 points to 3,222.66.