Daily Debrief: What Happened Today

Stories you might have missed

CapitaLand chases faster growth with restructuring, planned listing of CLIM

THE real estate behemoth is looking to split itself into two: the real estate development business will be placed under private ownership, while the investment management platforms and lodging arm will be consolidated into a newly created entity.

Asia must build capabilities to adapt to structural changes: DPM Heng

IN his keynote address at the Credit Suisse Asian Investment Conference on Monday, he stressed that South-east Asia must build capabilities to tackle "a greater premium on resilience", "a big shift to digital" and the global order "going through choppier seas".

iSTOX issues digital tokens for Astrea VI bonds for the first time

ASTREA VI, the latest series of private equity-backed bonds, has been tokenised by digital platform iSTOX, reducing the minimum investment ticket by up to 10 times for accredited investors.

Keppel-linked Floatel gets US$100m loan from Temasek's Clifford Capital amid restructuring

THIS is part of a consensual transaction that will no longer involve an acquisition by a newly established orphan company.

Seven strata retail units in Orchard up for sale with S$18.8m guide price

THE pricing for the seven individual units - one in Far East Plaza, two in Lucky Plaza, one in Midpoint Orchard and three in Orchard Plaza - ranges from S$1.48 million to S$6.28 million.

SMEs that digitalised in 2020 earned more, have better 2021 outlook: UOB study

TWO in five SMEs that implemented digitalisation initiatives in 2020 had stronger revenue growth than non-adopters, with those who digitalised their entire business or multiple areas outperforming those who digitalised only one area.

The STI today

Singapore shares begin week in the red, STI down 0.2% THE benchmark Straits Times Index (STI) fell 0.2 per cent or 6.46 points to finish the first trading day of the week at 3,128.08.