Daily Debrief: What Happened Today (Jun 5)

Stories you might have missed

Singapore April retail sales miss forecasts, fall 1.2%

SINGAPORE’S retail sales fell 1.2 per cent year on year in April, reversing from the 2.8 per cent growth posted in the month before, with most industries recording declines in sales.

COE premiums fall across the board; mainstream car category posts largest drop in 2024 to date

PREMIUMS for Certificates of Entitlement (COE) fell for all categories in June’s first round of bidding.

OCBC eyes rising investment flows as Greater China companies expand into Asean

MORE companies in Greater China (China, Hong Kong, Macau and Taiwan) are looking to set up shop in Asean – and OCBC is looking to capture these flows, said OCBC group chief executive Helen Wong.

Rebound in HDB resale price, volumes continues in May: SRX, 99.co

THE Housing and Development Board (HDB) resale market remained on its growth trajectory in terms of both prices and volumes for May, after rebounding in the previous month to snap two months of decline.

South-east Asia on the radar as global supply chains make big shift

THE South-east Asian region is riding high as global supply chains shift, driven by geopolitical tensions and pandemic-related disruptions that are pushing more companies to adopt China+1 diversification strategies.

Singapore stocks in the red after lacklustre retail sales; STI retreats 0.3%

SINGAPORE shares closed lower on Wednesday (Jun 5), after the country’s April retail sales missed estimates.