Daily Debrief: What Happened Today (Oct 22)

Stories you might have missed

Singapore to import low-carbon electricity from Australia’s mega solar project

ALMOST two years after its near collapse, the mega solar project in Australia’s Northern Territory is finally on track with its plans to export low-carbon electricity to Singapore.

Airbus A380 finds favour with airlines amid planemakers’ delivery delays

CARRIERS – which had during the pandemic consigned the aircraft type Airbus A380 to storage with some meant for subsequent scrapping – are re-deploying the super jumbo plane as a stop-gap measure to tackle a shortage of planes amid delivery delays by planemakers.

Parkway Life Reit acquires 11 nursing homes in France for 111.2 million euros

PARKWAY Life Real Estate Investment Trust (Parkway Life Reit) is acquiring 11 nursing homes in France for a total consideration of 111.2 million euros (S$159.9 million).

Seatrium bags S$100 million in contracts for repairs, upgrades

SEATRIUM has secured S$100 million worth of contracts for repairs and upgrades set to be completed by the first quarter of 2025.

STI slides 0.8% as investors turn cautious amid Fed’s rate-cut uncertainty

THE prospect of the Federal Reserve delaying its rate cuts or dishing out a smaller snip made investors cautious on Tuesday (Oct 22), and sent Singapore and most regional stocks to finish lower.