Daily Debrief: What Happened Today

Stories you might have missed

All eyes on asset valuations, capital management strategies as S-Reits gear up for FY results

THERE is an air of expectancy as the Singapore-listed real estate investment trusts (S-Reits) start to release their financial results for the period ending December 2022 from this week.

Singapore pitches benefits of diversified supply chain to manufacturers

MANUFACTURERS looking to strengthen their supply chains should keep in mind the benefits of making things in more countries, said Jacqueline Poh, managing director of the Singapore Economic Development Board, at a World Economic Forum panel on Tuesday (Jan 17).

Over 1,900 firms receive Progressive Wage Mark accreditation

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MORE than 1,900 firms have been accredited with the Progressive Wage (PW) Mark or PW Mark Plus since applications opened on Dec 22, 2022.

Yield on latest 6-month Singapore T-bill falls to 4%

SINGAPORE’S latest six-month Treasury bill (T-bill) closed its auction with a cut-off yield of 4 per cent on Wednesday (Jan 18).

Malaysia’s December exports up 6%, missing forecasts; trade surplus narrows to RM27.8b

MALAYSIA’S external trade expanded at a slower pace in December, with exports growth easing to 6 per cent year-on-year to RM131.9 billion (S$40.2 billion), according to data released by the Department of Statistics Malaysia (DOSM) on Wednesday (Jan 18).

Two commercial buildings in Tanjong Pagar launched for en bloc sale at S$216m reserve price

A PAIR of five-storey buildings on a 999-year leasehold commercial site on Hoe Chiang Road and Lim Teck Kim Road will be launched for collective sale on Thursday (Jan 19) at a reserve price of S$216 million.

The STI today

Singapore stocks snap 2-day losing streak; STI rises 0.3%

SINGAPORE shares snapped a two-day losing streak on Wednesday (Jan 18), in tandem with most Asian bourses. The Straits Times Index (STI) closed 0.3 per cent or 9.04 points higher at 3,289.55 points.