Daily Debrief: What Happened Today
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MAS to deploy US$1.8 billion to five asset managers for climate-related investments
THE deployment is part of the US$2 billion Green Investment Programme (GIP) that was set up in 2019.
Climate-linked financial disclosures to be legally binding, align to one global standard: MAS chief
HE noted that reliable and comparable climate-related disclosures are critical for better pricing of climate-related risks; more effective risk management and market discipline; and effective allocation of capital towards financing green and transition activities.
HDB rents up 0.7% in May, condominium rents rise 0.3%: SRX
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THIS marks the fifth and eleventh consecutive month of rising condo and HDB rents respectively, according to Wednesday's SRX flash estimates.
Budget hotel brand RedDoorz enters more upscale segment with launch of Sunerra Hotels
THE company said it is aiming to cater to the different needs of consumers in South-east Asia, from no-frills budget stays to more design-inspired better experiences and extended stays.
Goodland unit to acquire four Serangoon Road shophouses for S$16m THE properties are 1375, 1377, 1379 and 1381 Serangoon Road, which Goodland described as "conveniently located at the city fringe" and easily accessible via major roads, expressways, MRT stations and shopping malls.
Sheng Siong signs lease agreement for third store in Kunming, China
THE supermarket operator expects the new store to be operational before the end of the third quarter of this year.
Corporate earnings
The STI today
Singapore stocks extend losses; STI falls 0.4%
SINGAPORE shares on Wednesday logged losses for the second day in a row, with the benchmark Straits Times Index (STI) falling 13.67 points or 0.43 per cent to end at 3,153.47.
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