Daily Debrief: What Happened Today (Jan 12)

Stories you might have missed

Singapore ports set records in shipping arrivals, container handling and bunker sales in 2023

SINGAPORE’S ports had a bumper year in 2023 despite global trade disruptions, setting records for annual vessel arrival tonnage, container throughput and bunker sales, according to Maritime and Port Authority of Singapore (MPA) data released on Friday (Jan 12).

Banks, Shopee welcome CSA’s new safe app standard

BANKS and e-commerce app Shopee said that they welcome the Cyber Security Agency of Singapore’s (CSA) safe app standard, which was published on Wednesday (Jan 10).

Court dismisses Zipmex’s applications to extend debt moratoria; says liquidation ‘imminent’

THE Singapore High Court has dismissed applications filed by Zipmex Group seeking a short extension of the moratoria that expired on Thursday (Jan 11).

Feeling the squeeze: Swansong for KTV lounges amid location curbs and corporate belt-tightening?

THE last few years have been rough for Singapore’s karaoke lounges. Legitimate joints had to close for months on end during the throes of the Covid-19 pandemic; shadier spots were busted for operating without valid licences, casting a cloud over the industry as a whole.

Singapore court rules in favour of Keppel DC Reit facility manager in payment dispute

THE Singapore High Court has made a decision in favour of a facility manager of Keppel DC Reit, paving the way for a positive outcome for the litigation announced by the data centre real estate investment trust (Reit) in March 2022.

SGX securities turnover value down 4.8% in December

TOTAL securities market turnover on the Singapore Exchange (SGX) dropped 4.8 per cent in December 2023 to S$19 billion, with steady securities daily average value (SDAV) at S$951 million.