Daily Debrief: What Happened Today

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Global trade, investment system 'under enormous strain'; Singapore must stay competitive in 'dangerous world': PM Lee SINGAPORE must work to protect its competitive advantages in attracting investments as the external environment worsens, Prime Minister Lee Hsien Loong has said.

Singapore homes to see firm rents, more leasing deals when border with Malaysia reopens further SINGAPORE'S residential leasing market is not likely to see a major impact when the land border with Malaysia reopens further, although the increase in arrivals and departures could boost the volume of rental transactions, property analysts said.

Singapore factory output in February rebounds sharply by 17.6%, highest level in 8 months SINGAPORE'S factory output rebounded sharply in February to its highest level in 8 months after a brief slowdown in January threatened to throw the growth trajectory off course.

Olam to sell 35.4% stake in Olam Agri to Saudi investment fund for US$1.2b AGRI-FOOD giant Olam Group has agreed to sell a 35.4 per cent stake in Olam Agri Holdings to the Saudi Agricultural and Livestock Investment Company (Salic) for US$1.2 billion.

Singapore investment banking fees drop 15.6% to US$221.3m in Q1: Refinitiv FEES generated from investment banking activities in Singapore fell 15.6 per cent to US$221.3 million in the year so far, compared with Q1 2021.

The STI today

STI gains 0.4% amid mixed Asian showing

SINGAPORE stocks were up on Friday (Mar 25), with the Straits Times Index (STI) gaining 0.4 per cent or 13.99 points to close at 3,413.69. Across the broader market, 1.61 billion shares worth S$1.38 billion were traded, with gainers narrowly beating losers 260 to 249.