Daily Debrief: What Happened Today

Published Tue, Nov 23, 2021 · 10:30 AM

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

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    Singapore's headline inflation rises to 3.2% in Oct, highest in over 8 years

    THE increase, compared with 2.5 per cent in September, reflected stronger private transport and accommodation inflation, in addition to core inflation.

    Shell to build Asia's largest pyrolysis oil upgrader unit that will transform plastic waste to chemicals

    THE unit, which is set to start production in 2023, will be located at Shell's manufacturing site on offshore island Pulau Bukom.

    E-commerce battles sales fatigue and hiccups in quest for consumers' wallets

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    WITH 75 per cent of people in South-east Asia already logging on, new users to convert to e-commerce via sales alone is going to get tougher.

    Mapletree Logistics Trust to acquire logistics assets worth S$1.4b in China, Vietnam and Japan

    MAPLETREE Logistics Trust is acquiring a portfolio of 17 grade-A logistics assets with an average age of 1.6 years in China, Vietnam and Japan for a combined total value of S$1.4 billion.

    Temasek's 5-year bond upsized to S$500m; institutional bids amount to 6.2 times final placement size

    THE upsized offering for the T2026-S$ Temasek Bond will comprise a placement of S$250 million of bonds to institutional, accredited and other specified investors, and another S$250 million of bonds to retail investors.

    The STI today

    Singapore stocks dip on Tuesday on inflation jitters; STI down 0.3%

    THE Straits Times Index (STI) fell 0.3 per cent or 9.55 points to close at 3,227.53 points on Tuesday (Nov 23), as sentiment wavered due to a faster-than-expected rise in Singapore's headline inflation.

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