Daily Debrief: What Happened Today (May 21)

Stories you might have missed

Singapore to sell at least S$2.1 billion of sovereign green bonds

THE Singapore government plans to raise between S$2.1 billion and S$2.5 billion through the sale of 30-year sovereign green bonds, said the Monetary Authority of Singapore on Tuesday (May 21).

Singapore private home prices still ahead of HK, Sydney as immigrants bolster demand

PRIVATE homes in Singapore continued to be the most expensive to own in the Asia-Pacific, outpacing Hong Kong and Sydney, based on data from the Urban Land Institute released on Tuesday.

SMEs get subsidised rates for Microsoft AI tool under MOU with EnterpriseSG, IMDA

SINGAPORE’S small and medium-sized enterprises (SMEs) can get subsidised rates for Microsoft’s artificial intelligence (AI) tool Copilot, under a memorandum of understanding (MOU) signed on Tuesday between the tech giant, Enterprise Singapore (EnterpriseSG) and research institute AI Singapore.

DBS takes part in S$286 million blended-finance project in Indonesia

DBS, South-east Asia’s largest lender, will be loaning an undisclosed sum of money under a blended-finance project that supplies fresh water to three cities in Indonesia.

CDL posts S$736.8 million Q1 sales revenue in Singapore property development

CITY Developments Limited (CDL) and its joint venture associates registered a sales revenue of S$736.8 million in Singapore for the first quarter ended March, up from a total sales value of S$213.2 million in the same period last year.

Singapore shares rally after US Fed commits to rate cuts

SINGAPORE shares rallied after the US Federal Reserve overnight made clear its commitment to three rate cuts, putting the flattish performance in the past few days behind them.