Daily Debrief: What Happened Today
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Omicron variant slams brake on Singapore VTL expansion, easing of social measures
HEALTH Minister Ong Ye Kung said Singapore will run parallel health protocols for the Delta and Omicron variants.
- Singapore not tightening Covid-19 curbs for now as it awaits more data on Omicron variant
- Stricter Covid-19 testing protocol for all travellers to Singapore from Dec 2
- Omicron poses near-term risks to Asia as it comes amidst stretched supply chains, inflation
Golden Mile Complex in second collective sale attempt at S$800m reserve price
AS Golden Mile Complex is zoned for commercial use under the URA's Master Plan 2019, buyers of the collective sale site do not need to pay an additional buyer's stamp duty and there is no restriction on foreign ownership.
Keppel Reit to acquire Grade A office building in Sydney for A$327.7m
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UPON practical completion of the property, Keppel Reit's assets under management will grow to S$9 billion across 11 properties in Singapore, Australia and South Korea.
SingPost's accelerated investment in FMH leaves little room for missteps: S&P
S&P Global Ratings said that any operational weakness at Singapore Post could constrain the issuer credit rating which is currently rated at BBB+ with a stable outlook.
The STI today
STI falls 2.5% in single largest decline in a year
THE Straits Times Index saw its largest single-day decline in a year on Tuesday (Nov 30), falling 2.5 per cent or 79.29 points lower at 3,041.29.
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