Daily Debrief: What Happened Today (May 13)

Stories you might have missed

Gan Kim Yong to become new DPM in Singapore’s Cabinet reshuffle; no changes of ministerial portfolios

MINISTER for Trade and Industry Gan Kim Yong will be promoted to Deputy Prime Minister (DPM) come May 15, alongside current DPM Heng Swee Keat, in a Cabinet reshuffle with few other major changes.

Cordlife to cancel private placement; MOH emphasises importance of local directors

CORDLIFE on Monday (May 13) said that it intends to terminate the S$8.2 million private placement announced on Apr 17.

ST Engineering posts 18.1% rise in Q1 revenue to S$2.7 billion

ST Engineering posted an 18.1 per cent rise in group revenue to S$2.7 billion for the first quarter ended Mar 31, 2024, it said in a business update.

SIA Engineering eyes opportunities from Air India’s major aircraft orders

SIA Engineering is looking at tapping opportunities that arise from the transformation of Air India, which placed orders for 470 aircraft in 2023.

Temasek-backed Climate Impact X to launch market intelligence service

SINGAPORE-BASED carbon exchange Climate Impact X said on Monday that it will launch a new market intelligence service in the coming months.

New HDB resale listing service may improve price transparency, lessen reliance on agents

THE resale market for public housing is likely to see less sudden spikes or “outlier” asking prices with the introduction of the Housing & Development Board’s new resale flat listing service that has a built-in price-monitoring feature, agents said.

Singapore stocks buck decline in key regional markets; STI up 0.4%

THE Straits Times Index started the trading week with a rise of 0.4 per cent or 12.96 points to 3,303.66 after markets closed on Monday, making it one of the few better-performing blue-chip barometers in Asia-Pacific.