Daily Debrief: What Happened Today (Jan 6)

Published Mon, Jan 6, 2025 · 06:30 PM
    • An artist's impression of the new Downtown Line/North-South Line interchange DE2/NS6 in Sungei Kadut Avenue.
    • An artist's impression of the new Downtown Line/North-South Line interchange DE2/NS6 in Sungei Kadut Avenue. ILLUSTRATION: LAND TRANSPORT AUTHORITY

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    New interchange to connect Downtown and North-South Lines in 2035

    THREE new MRT stations in the north-west of Singapore will create a new connection between the Downtown Line (DTL) and North-South Line (NSL), upon completion in 2035.


    OCBC says healthcare S-Reits offer defence amid slower rate cuts, names top picks

    INVESTORS should consider buying healthcare Singapore-listed real estate investment trusts (S-Reits) to strengthen their portfolios, an OCBC Investment Research report has suggested.


    River Valley Apartments up for sale at S$56 million

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    RESIDENTIAL site River Valley Apartments has been put on the market for collective sale at S$56 million.


    Local property giants should aspire to pan-Asean leadership

    Singapore’s property market is generally seen as stable. Projects have large gross development values that can make meaningful contributions to businesses. And housing developers look to sell out a large proportion of units off-plan way ahead of construction completion.


    Indonesia posts 2.3% budget deficit in 2024, lower than expected

    INDONESIA maintained a manageable fiscal position in 2024, but long-term fiscal health has remained a concern due to ambitious government spending, alongside the risks of declining revenue and rising debt burdens.


    Singapore shares close higher on Monday; STI up 0.5%

    SINGAPORE stocks ended higher on Monday (Jan 6) despite declines across the region amid the Federal Reserve’s hawkish stance.

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