Daily Debrief: What Happened Today

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Singapore freezes new bookings for VTL bus and flight entry before Jan 21

ALL new ticket sales for Vaccinated Travel Lane (VTL) flights and buses for travel into Singapore from Thursday (Dec 23) to Jan 20 next year will be frozen, to reduce the country's exposure to imported Omicron cases, the Ministry of Health (MOH) announced on Wednesday morning.

AM alpha buys Robinson 112 for S$269.7m

THE existing gross floor area (GFA) of about 115,385 sq ft reflects a plot ratio of almost 11.8 and exceeds the 11.2 plot ratio assigned for the 9,794 sq ft commercial-zoned site.

Investment banking fees in Singapore surge 34.4% to hit US$1b in 2021 to date

THE growth in investment banking fees was largely buoyed by a 91.1 per cent growth in advisory fees for completed M&A, which amounted to US$349.2 million so far this year.

Singapore invested over US$950m in manufacturing projects in Iskandar since 2019: joint ministerial committee

INVESTMENTS from Singapore-based companies still went to Iskandar Malaysia despite the Covid-19 pandemic, with 104 manufacturing projects amounting to US$847 million approved in 2019 and 2020.

NetLink Trust to recover cost of repairs from contractors that caused Toa Payoh service outage

THE company said that such cable cuts can cost up to a few hundred thousand dollars per incident, depending on the extent of the damage caused and the difficulty in restoring the connection.

The STI today

Singapore shares inch higher on Wednesday; STI up 0.1%

THE benchmark Straits Times Index (STI) rose 0.1 per cent or 2.43 points to close at 3,087.51.