Daily Debrief: What Happened Today

Published Tue, Aug 3, 2021 · 10:30 AM

    Stories you might have missed

    Singapore property executives flag rising construction costs as top risk

    INCREASING construction costs were flagged by 87 per cent of respondents in a poll as the biggest potential risk to adversely impact market sentiment in the next six months.

    MAS grants in-principle approval to crypto exchange Independent Reserve as DPT provider

    THE eight-year-old Independent Reserve said it is one of the first virtual asset service providers to obtain an in-principle approval letter for the much-coveted licence.

    GuocoLand, OCBC and Doxa to pilot digital workflow solution for development projects

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    THE platform aims to streamline the procurement-and-payments workflow processes for development projects by digitally connecting property developers with banks, contractors, suppliers and consultants in the built-environment value chain.

    Buying activity ticks up at some condo projects ahead of repricing

    RISING land bids, the depleting supply of private homes, and robust interest at Pasir Ris 8's launch on July 24-25 were among the reasons for the higher unit prices.

    Apec business leaders call for regionally consistent framework for business travel

    ASIA Pacific business leaders are calling for a regionally consistent framework to minimise the cost and complexity of resuming business travel when the Covid-19 situation allows.

    Corporate earnings

    The STI today

    STI dips 0.38% with most Asian bourses also down on Delta variant concerns

    THE Straits Times Index closed at 3,149.25 points - 0.38 per cent or 11.97 points lower.

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