Daily Debrief: What happened today

Published Mon, Oct 18, 2021 · 10:30 AM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

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    Carousell acquires sneaker marketplace Ox Street

    Online marketplace Carousell has acquired Ox Street, a Singapore-based marketplace for authenticated sneakers and street wear, the company announced on Monday. It did not disclose the deal value.

    Singapore exports up 12.3% in September to extend 10-month winning streak

    Singapore exports rose for the 10th straight month in September, beating private-sector analysts' expectations to expand by 12.3 per cent year on year.

    Peter Lim's son and Ronaldo to combine football and tech with new startup

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    ZujuGP is an upcoming digital community built around football, helmed by the son of secretive Singaporean investor Peter Lim and fronted by global superstar Cristiano Ronaldo.

    Some companies opting for building site dorms to limit workers' Covid exposure

    Some construction companies have rehoused their migrant workers in temporary quarters in recent months, in view of rising Covid-19 cases among workers residing in dormitories.

    Acquisitions to take centre stage as industrial S-Reits seek further growth

    Industrial-focused Singapore-listed real estate investment trusts (S-Reits) have performed better than most of their peers in other sub-segments amid the Covid-19 pandemic.

    Renting can be a viable alternative to owning a private home in Singapore

    Home ownership is deeply ingrained in the minds of Singaporeans. Around 88 per cent of resident households own their homes as at 2020. A few months back, I was challenged with the view that permanently renting instead of buying a private home can make sense.

    The STI today

    STI flattish despite higher domestic exports data, closes at 3,173.82 points

    Singapore shares barely budged amid a mix of favourable domestic exports data and slower China quarterly growth reported on Monday (Oct 18).

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