Daily Debrief: What Happened Today

Stories you might have missed

Malaysia pays S$102.8m in compensation for High Speed Rail termination

THIS includes reimbursement for costs incurred for the project's development, as well as payment in relation to the earlier extension of the project's suspension.

Sembcorp Marine partners GE Renewable Energy on UK wind farm project

SPANNING an area of 593 square kilometres, the project with a 1.4 gigawatt (GW) capacity will power approximately 1.2 million UK homes with clean and renewable energy.

Six changes to expect with new code of conduct for fair tenancy

A NEW code of conduct for fairer lease negotiations between landlords and retail tenants in Singapore is headed for legislation, with the government to work towards it in the coming months.

Offer price for Jardine Strategic will not be raised: Jardine Matheson

JARDINE Matheson Holdings (JMH) does not intend to raise its offer price of US$33 per share for about 15 per stake in Jardine Strategic Holdings (JSH) that it does not own or US$5.5 billion for the buyout.

Keppel, Facebook to develop undersea cable linking South-east Asia and America

EXPECTED to be completed in 2024 and spanning over 15,000 kilometres (km), the Bifrost Cable System will connect Singapore, Indonesia, the Philippines, Guam and the west coast of North America.

Ascendas India Trust to acquire two IT buildings in Bangalore for 14.41b rupees

ASCENDAS India Trust (a-iTrust) will spend about 14.41 billion rupees (S$268.2 million) to acquire two buildings in an IT park located in Hebbal, Bangalore, as part of a forward purchase agreement with Gardencity Realty.

The STI today

STI gains 0.56% on general macro optimism

THE key Straits Times Index advanced 17.62 points or 0.56 per cent to finish at 3,175.57 on Monday to post its fifth straight day of gains.