Daily Debrief: What Happened Today (Dec 20)
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COE prices for all categories fall; Category B tumbles 15.4% to S$110,001
PRICES for all Certificate of Entitlement (COE) categories have fallen in December’s second round of bidding, with the largest reduction seen in the category reserved for more powerful cars.
Rental occupancy cap relaxed to 8 unrelated people for HDB, private properties
LARGER Housing and Development Board (HDB) flats and private residential properties will be allowed to house eight unrelated persons, up from the current cap of six.
Cut-off yield on latest Singapore 6-month T-bill falls slightly to 3.73%
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THE latest Singapore six-month Treasury bill (T-bill) is offering a cut-off yield of 3.73 per cent, according to auction results released on Wednesday (Dec 20).
WHETHER Singapore’s car deliveries and prices will be hit by Red Sea shipping disruptions remains to be seen, said industry observers, adding that while there may be eventual delays and higher costs, this is likely to happen only after the first quarter of 2024.
Tikehau’s S$170m Pegasus Asia Spac to liquidate due to market conditions
PEGASUS Asia said it will not conclude a business combination “after considering macroeconomic and market conditions”, partially confirming an earlier media report that stated it was one of two remaining Singapore Exchange (SGX)-listed special purpose acquisition companies (Spacs) to be dissolved.
Singapore stocks fall amid regional ‘Santa rally’; STI down 0.3%
SINGAPORE stocks fell on Wednesday (Dec 20) despite a regional rally led by optimism in US markets.
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