Daily Debrief: What Happened Today (May 17)

Stories you might have missed

Economists expect Singapore’s key exports to continue recovery after April’s 9.3% slide eases from March

SINGAPORE’S non-oil domestic exports slid 9.3 per cent from the year-ago high base in April, dragged down by a decrease in the non-electronics sector, particularly in volatile products.

CEO of fallen Eagle Hospitality Trust seeks to contest four disclosure-related criminal charges

SALVATORE Takoushian, chief executive of embattled Eagle Hospitality Trust (EHT), is looking to contest four criminal charges under the Securities and Futures Act, over consenting to EHT’s “reckless” non-disclosure of information that was necessary to avoid the establishment of a false market.

Mapletree closes second Japan logistics development fund, expects 110 billion yen AUM

MAPLETREE Investments has successfully closed Mapletree Japan Investment Country Private Trust, riding the wave of a booming logistics sector in Japan.

Condo rents fall again in April after slight recovery in March: SRX, 99.co

THE Housing and Development Board has launched an executive condominium (EC) site at Jalan Loyang Besar for sale via tender, under the government land sales programme’s confirmed list for the first half of 2024.

Malaysia’s Q1 GDP growth beats forecasts at 4.2%

MALAYSIA’S economy grew more than expected in the first quarter of 2024, supported by private expenditure and a turnaround in exports, the central bank said on Friday.