Daily Debrief: What Happened Today

Stories you might have missed

Construction firms to get flexibility for workers from China, quicker payouts: BCA

CONSTRUCTION firms will get temporary flexibility to recruit workers from China; an additional 49-day extension of time for eligible public sector construction contracts; and quicker payouts under cost-sharing arrangement.

Analysts quadruple Singapore's Q1 growth estimate to 0.9% as factories maintain steam

RAVENOUS global demand for semiconductors continued to fuel the electronics and precision engineering clusters and the ongoing winning streak in chemicals makes it another cluster to watch.

Singapore-Hong Kong air travel bubble to start on May 26: MOT

TO qualify, travellers must have remained in either Singapore or Hong Kong in the last 14 days prior to departure and travellers departing from Singapore must download and install Hong Kong's LeaveHomeSafe app on their mobile device.

Higher success rate for property auctions in Q1 as investors chase yields: Knight Frank

THE first quarter of this year saw seven properties sold under the hammer at a gross sales value of S$13 million, out of a total 201 auction listings in Singapore.

Temasek invests US$120m in India's UpGrad

THE Mumbai-based startup said it intended to use the capital proceeds to further strengthen its team, scale its global market operations, bolster its technology and product capabilities, as well as pursue merger and acquisition opportunities.

Top Glove resolves all 11 International Labour Organization's Force Labour Indicators

TOP Glove noted that while the company is pleased to have resolved the ILO indicators of forced labour, it will continue its efforts to improve the welfare of its 21,000-strong workforce.

Corporate earnings

• CICT posts 66.6% rise in Q1 net property income to S$247.1m

The STI today

STI closes higher on strong factory output numbers

THE benchmark Straits Times Index (STI) ended 0.34 per cent or 10.86 points higher at 3,204.90.