Daily Debrief: What Happened Today
Stories you might have missed
New prime HDB model to have little impact on private market: analysts
This is because the two serve different market segments as buyers who are able to afford private homes in the prime and city fringe will not be turning to the HDB market upon the introduction of the scheme.
Amazon's new 100,000 sq ft corporate office makes it Asia Square's anchor tenant
THE multinational tech company also plans to create over 200 new jobs in Singapore by end-2022.
Fashion retailer Love, Bonito bags US$50m to fund international expansion
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ONLINE fashion retailer Love, Bonito has raised US$50 million in a Series C round led by China-based private equity (PE) firm Primavera Capital Group as the startup moves to capitalise on a pandemic-fuelled e-commerce boom.
FCT eyes relaxed Covid restrictions to bring shoppers back as retail rental reversion dips
WITH over a quarter of leases at its portfolio of retail malls due for renewal in the new financial year, Frasers Centrepoint Trust (FCT) is looking forward to improved leasing sentiment with a "sustainable reopening" of Singapore businesses.
Design Studio Group files winding up application
IN line with the compulsory liquidation of the company, its subsidiaries DSG Projects Singapore and DSG Manufacturing Singapore have also commenced processes necessary to enter into creditors' voluntary liquidation.
Corporate earnings
- Frasers Centrepoint Trust posts 39.3% rise in H2 DPU at S$0.06089
- ESR-Reit Q3 DPU rises 1.7% to S$0.00712 on enlarged unit base
The STI today
Singapore shares gain even as regional markets fall; STI up 0.4%
THE benchmark Straits Times Index (STI) climbed 0.4 per cent or 13.60 points to close at 3,218.17.
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