Daily Debrief: What Happened Today
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Singapore retailers rush advance orders to fill Christmas stockings on time
RETAILERS here started stocking up their inventories as early as June amid port congestion and supply chain disruptions that are threatening to stymie the anticipated spike in demand ahead of the Christmas and festive season.
One more retailer - Best Electricity - bites the dust in Singapore's hard-hit electricity market
THIS follows two back-to-back exits last week by iSwitch Energy, the largest independent retailer and days later, Ohm Energy.
Shopee to enter France in aggressive international push
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THE company is testing the waters in several new markets and has already made inroads into Spain and Poland after an aggressive expansion into Latin America earlier this year.
OK Lim's Second Avenue bungalow being sold for S$33.39m
THE buyer is the family of Tan Yeow Khoon, the former executive chairman of logistics group Cogent, which was bought out by Chinese shipping company Cosco Shipping International (Singapore) and delisted from the Singapore Exchange in 2018.
GuocoLand prices S$300m notes due 2026 at 3.29%
THE notes will bear a coupon of 3.29 per cent per annum, payable semi-annually in arrear on Apr 26 and Oct 26 in each year.
IMDA to open up 4 5G testbeds to all businesses
ALL businesses that wish to trial 5G use cases will now be able to do so at 4 testbeds located at Maritime Drone Estate, Singapore Science Park, PIXEL and Sentosa.
The STI today
STI rallies after overnight Wall Street gains
STI rose 25.19 points or 0.79 per cent to 3,199.01 points.
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