Daily Debrief: What Happened Today (Jul 24)

Stories you might have missed

NTUC Enterprise’s commitment to majority stake in Income is questioned

THE cash general offer made by German insurance giant Allianz for Income Insurance has taken the general public and policyholders by surprise, and raised unhappiness in some quarters.

Collins Aerospace relocates Singapore plant to new US$250 million facility in Seletar

US AEROSPACE company Collins Aerospace announced on Wednesday (Jul 24) that it is relocating its existing manufacturing facility in Bedok to a new US$250 million site at Seletar Aerospace Park. The move is expected to boost its aerospace production capabilities.

Roxy Square up for collective sale with S$1.25 billion minimum price

THE freehold Roxy Square Shopping Centre and Grand Mercure Roxy Hotel, collectively known as Roxy Square, has been launched for sale via tender at a minimum price of S$1.25 billion.

Malaysia’s June inflation steady at 2%, slower than expected

MALAYSIA’S inflation rate held steady at 2 per cent year on year in June, despite economists’ expectations it would trend higher following the removal of a petrol subsidy, a report by the Department of Statistics Malaysia (DOSM) showed on Wednesday (Jul 24).

SM Teo warns businesses about ‘just-in-case’ costs amid climate change, supply chain glitches

COMPANIES may have to contend with “just-in-case” costs while building resilience against global challenges, which range from climate change to supply-chain disruptions, said Senior Minister Teo Chee Hean on Wednesday (Jul 24).

NCSS launches inaugural Sustainable Philanthropy Framework

MANY companies have shared that it remains challenging to concretise their contributions, particularly to social needs, said Masagos Zulkifli, minister for social and family development and second minister for health, at the Singapore Apex Business Summit.

Farewell 3G: M1 to retire services from August; StarHub, Singtel from November

LOCAL mobile network operators will retire their 3G networks starting with M1 from August 2024, followed by Singtel and StarHub from November.

Singapore stocks end largely flat on Wednesday amid regional declines

SINGAPORE stocks closed largely flat on Wednesday (Jul 24), as regional markets mostly ended in the red.