Daily Debrief: What Happened Today
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New Singapore private home sales soar in March; buyers zoom in on posh condos
DEVELOPERS in Singapore sold 1,296 new private homes in March, double that of February's 645, with buyers targeting high-end condos after a break during Chinese New Year.
Naiise goes into liquidation; founder to file for bankruptcy
MR Dennis Tay said he had "exhausted (his) savings and borrowed heavily from banks" to keep the business afloat and repay Naiise's vendors.
Moody's places Grab B3 ratings under review for upgrade
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THE items under review include Grab's B3 corporate family rating and the B3 rating on the company's senior secured term loan.
Singapore's ageing population presses for new way to build private eldercare facilities
IT may also mean breaking away from current models, including on how land price has to be paid.
Genesis Alternative Ventures closes US$80m debt fund anchored by Sassoon family
GENESIS has since deployed over US$30 million to 12 venture-backed companies across South-east Asia.
Singapore Medical Group's potential share transaction with third party to be dropped
SINGAPORE Medical Group said that it remains open to exploring various avenues to improve shareholder value, including corporate actions.
Corporate earnings
The STI today
Muted trading; medical stocks rally on rising global Covid-19 case count
THE Straits Times Index (STI) rebounded a marginal 5.38 points or 0.17 per cent to 3,184.77 on Thursday amid muted trading, with gainers outnumbering losers 236 to 226.
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Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
