Daily Debrief: What Happened Today
Stories you might have missed
Consumers shop more ‘consciously’ this festive season amid inflation, GST fears: businesses
WITH high inflation and the impending goods and services tax (GST) hike, shoppers in Singapore have been more value-conscious this festive season, companies told The Business Times.
EC World Reit proposes debt repayment plan, seeks deferment
THE manager of EC World Real Estate Investment Trust (EC World Reit) is currently in discussions over a proposed debt repayment plan for existing onshore and offshore bank loans.
Sceneca Residence in Tanah Merah to open for preview on Jan 1
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MCC Singapore’s residential project Sceneca Residence in the Tanah Merah area will launch for preview on Sunday (Jan 1), with indicative prices ranging from S$958,000 for a one-bedroom unit to about S$2.99 million for a four-bedroom.
Phillip Capital issues new asset-backed wine-based token
PHILLIP Capital has issued a new wine-based token, called the En Primeur Token (EP).
China’s industrial profits slump on Covid fallout, next year seen improving
PROFITS at China’s industrial firms contracted further in the January-November period as strict Covid 19-related curbs disrupted factory activity and supply chains, but analysts foresaw brighter long-term economic prospects after a U-turn in Covid policy.
The STI today
Singapore stocks close higher amid news of China’s reopening, STI up 0.3%
SINGAPORE shares ended higher on Tuesday (Dec 27) as China announced it was ending its Covid-era quarantine rule for inbound travellers.
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