Daily Debrief: What Happened Today (May 9)

Stories you might have missed

Asean can enhance clean-energy trade, align climate reporting standards: Grace Fu

ASEAN can enhance trade in clean energy and harmonise standards in climate reporting and verification to “fast-track” its energy transition, said Minister for Sustainability and the Environment Grace Fu on Thursday (May 9).

Shophouse sales surge and at higher prices in Q1 as high-net-worth investors return to market: Knight Frank

SALES of shophouses in Singapore rose 52.2 per cent to S$169.1 million in the first quarter of 2024 from the previous quarter, as interest from high-net-worth investors returned, said a report by property consultancy Knight Frank.

No surprise as Malaysia’s central bank holds key interest rate at 3%

MALAYSIA’S central bank maintained its benchmark interest rate at 3 per cent on Thursday (May 9), choosing not to follow the recent rate hikes by other South-east Asian countries.

Latest Singapore 6-month T-bill offers cut-off yield of 3.7%

THE latest Singapore six-month Treasury bill (T-bill) is offering a cut-off yield of 3.7 per cent, according to auction results released by the Monetary Authority of Singapore on Thursday (May 9).

LHN’s Coliwoo, Oxley boss tie up to buy Wilmer Place for S$26.5 million

A JOINT venture (JV) between LHN’s Coliwoo and Oxley’s Ching Chiat Kwong has bought Wilmer Place, a four-storey non-conservation building at 50 Armenian Street, for S$26.5 million. 

Singapore stocks close flat amid mixed regional trading

SINGAPORE stocks closed flat on Thursday (May 9) amid mixed trading in the region.