Daily Debrief: What Happened Today

Published Thu, May 20, 2021 · 10:30 AM

    Stories you might have missed

    Shangri-La Dialogue cancelled

    THIS year's Shangri-La Dialogue that was due to take place in Singapore on June 4-5 is cancelled "in light of the deteriorating global Covid-19 situation", said organiser International Institute for Strategic Studies (IISS) on Thursday.

    Singapore retail landlords dish out marketing support for F&B tenants

    THESE include making bulk order purchases from F&B tenants, providing marketing and operational support and free delivery services.

    SIA cuts cash burn to S$100-150m a month; sees robust bookings for travel bubble SIA has observed strong underlying demand as shown by the bookings for flights designated for the quarantine-free Singapore-Hong Kong air travel bubble.

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    Singapore domestic wholesale trade falls 4.7% in Q1, dragged by lower petroleum sales

    EXCLUDING petroleum, however, domestic wholesale sales saw an increase of 6.1 per cent.

    SIIC bags wastewater treatment contract in Baoqing, China

    SIIC Environment on Thursday said its indirect 58 per cent-owned subsidiary has signed a supplementary agreement for the upgrading and expansion of a wastewater treatment project in Baoqing, Heilongjiang province in China.

    MIT proposes US$1.32b acquisition of 29 data centres in the US

    THE trust also announced an equity fundraising exercise to raise S$800 million through a private placement and preferential offering.

    Surge in buying of face masks in Singapore continues; some manufacturers plan to lower prices

    A SURGE in demand for face masks in Singapore, following the authorities' call on Tuesday for people to use masks with better filtration capabilities, is still going strong, according to some retailers.

    Corporate earnings

    The STI today

    Singapore market unmoved by Wall Street's overnight dip

    THE Straits Times Index (STI) closed at 3,109.81 points, up 0.18 per cent or 5.60 points.

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