Daily Debrief: What Happened Today

Published Tue, Apr 27, 2021 · 10:30 AM

    Stories you might have missed

    Dimbulah Coffee's CBD blend hits snag; it's closing 3 outlets amid S$4.4m liabilities, landlord lawsuits

    THE coffee chain's operator, CW2001 Pte Ltd, has filed for restructuring and was recently granted a two-month debt stay against creditors.

    MAS urges vigilance on new risk areas such as variable capital companies and virtual assets

    MAS is paying attention to new ways that dirty money is channelling into the financial system - singling out the new breed of fund companies known as variable capital companies (VCCs), and virtual assets or digital payment tokens.

    New MAS-industry group to bolster Singapore as asset management, fund domiciliation hub

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    THE Singapore Funds Industry Group (SFIG) brings together players across the asset management value chain, including service providers the likes of lawyers, tax advisers, fund administrators and directors.

    'Pro-worker and pro-business at the same time' makes Singapore special: Josephine Teo

    SHE identified being "pro-worker and pro-business at the same time" as one of two key principles of Singapore's "unique brand of tripartism".

    PGIM Real Estate acquires 108 Robinson Road for US$107m

    IT comes as the real-estate unit of PGIM - the investment management business of Prudential Financial - had raised at least US$970 million in the fourth of its series of Asia-Pacific value-add funds.

    Temasek co-leads US$30m funding in agricultural drone startup EAVision

    THE funds will be used for research and development and accelerating market expansion in China and overseas, California-based EAVision said.

    CapitaLand China Trust sees improved Q1 portfolio occupancy for retail, business parks

    IN the quarter ended March 31, 2021, retail occupancy stood at 94.4 per cent and business park occupancy was at 92.1 per cent.

    Corporate earnings

    The STI today

    STI up 0.3% to 3,214.43; regional markets little changed ahead of FOMC meeting

    SINGAPORE stocks closed higher on local heavyweights' earnings releases, with the benchmark Straits Times Index rising 9.53 points or 0.3 per cent to 3,214.43 points on Tuesday.

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