Daily Debrief: What Happened Today (Jun 18)
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SINGAPORE’S non-oil domestic exports beat analyst expectations to shrink 0.1 per cent year on year in May, as electronics shipments continued to recover on the back of the global tech upswing.
Temasek to divest entire stake in Pavilion Energy to Shell
TEMASEK’s indirect wholly owned subsidiary, Carne Investments, will sell its entire stake in Pavilion Energy to Shell Eastern Trading, a subsidiary of the global oil giant.
Singapore’s May air freight jumps 20%; port’s box throughput highest this year
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THE congestion at sea has benefitted air transport, with Singapore’s Changi Airport reporting a 20 per cent year-on-year jump in air freight handled to 170,000 tonnes in May, from 142,000 tonnes.
New private home sales dive 78.7% year on year in May amid dearth of launches
NEW private home sales plummeted by nearly 80 per cent year on year in May, weighed down by an absence of new project launches and the seasonal mid-year holiday lull.
Singapore-based Trafigura tops inaugural Fortune 500 ranking for S-E Asia
COMMODITY trader Trafigura has come in first on the inaugural South-east Asian edition of the Fortune 500 list, a ranking of the largest companies by revenue.
Singapore stocks rise, tracking regional bourses; STI up 0.1%
SINGAPORE stocks started the week in the black on Tuesday (Jun 18), after markets reopened following the Hari Raya Haji holiday the day before.
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