Daily Debrief: What Happened Today (Apr 8)

Stories you might have missed

Rate cuts to sweep South-east Asia soon as central banks end waiting game

MAJOR central banks across South-east Asia are expected to hold interest rates steady in the near term, keeping an eagle eye on their waning currencies while awaiting the US Federal Reserve’s next move in the global chess game of monetary policy.

Demand for larger HDB flats push up resale prices in March; volumes dip again: SRX, 99.co

DEMAND for larger public housing flats supported resale prices in March, which rose for the sixth consecutive month while volumes continued to decline.

MOH Permanent Secretary Chan Yeng Kit named as SPH Media’s incoming CEO

MINISTRY of Health Permanent Secretary Chan Yeng Kit will take over as chief executive officer of SPH Media from Jul 15.

ESR says ‘amicable approach’ with Quarz is to prioritise Sabana Reit and unitholders

ESR GROUP said that its choice to “pursue an amicable approach instead of legal action” was to prioritise Sabana Industrial Real Estate Investment Trust and its unitholders.

Ninja Van enters cold chain and B2B logistics in bid to diversify from e-commerce

LOGISTICS platform Ninja Van has launched a cold chain offering, Ninja Cold, and a business-to-business offering, Ninja B2B, on its 10th anniversary.

Malaysia’s industrial production beats expectation with 3.1% growth in February

MALAYSIA’S industrial production index rose 3.1 per cent in February from the year before, boosted by higher output from the mining and electricity sectors, said the Department of Statistics Malaysia on Monday (Apr 8).

Singapore shares fall despite regional rally; STI down 0.1%

SINGAPORE shares edged lower despite a regional rally, with the Straits Times Index shedding 0.1 per cent or 2.27 points to 3,215.99 on Monday.