Daily Debrief: What Happened Today
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Singapore's GDP to grow 3-5% in 2022, says PM Lee as he outlines reasons for coming GST hike
IN his annual New Year Message, he explained the need for a vibrant economy to generate the resources needed to realise the country's goals, and why the government must have "reliable and adequate" revenues to carry out its social programmes.
Mapletree Commercial Trust, Mapletree North Asia Commercial Trust propose merger
IT will be a merger that will propel the combined entity to become one of Asia's 10 largest real estate investment trusts (Reits).
Hanwell Holdings acquires 80 per cent stake in CKH Food Trading and 123 Mart for S$3.3m
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THE shares are being acquired from founder Chua Kheng Hwee and the acquisition will be effective from Jan 1, 2022.
P5 Capital to acquire 51% stake in GashubUnited Utility for S$12.5m
THE Catalist-listed manufacturer of electrical switchboards and generator control panels as well as automation and lighting provider said that the acquisition is in line with the group's desire to diversify its business and unlock additional streams of income.
Olam's executive director A Shekhar steps down from post to focus on Olam Food Ingredients
THE Singapore-headquartered food and agri-business company had earlier in December announced that it is seeking shareholders' approval to carve out and list its food ingredients arm by way of a scheme arrangement.
The STI today
Singapore stocks edge down on Friday; STI down 0.1%
THE Straits Times Index (STI) lost 0.1 per cent or 2.96 points to 3,123.68 points on Friday (Dec 31).
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