Daily Debrief: What Happened Today (Apr 11)

Stories you might have missed

Singapore targets Mice demand, leisure travellers in Tourism 2040 road map

[SINGAPORE] Scoring business events and drawing leisure travellers are two pillars of the Singapore Tourism Board’s (STB) road map for the industry through 2040, with tourism receipts having hit a record high of S$29.8 billion in 2024.

CapitaLand Investment ready to cash in on growing need for healthcare-related real estate

[SINGAPORE] As South-east Asia’s population ages, more physical spaces are needed for the healthcare and wellness services that people will require in their senior years. And CapitaLand Investment (CLI) believes this presents a big opportunity for real estate players.

Gold versus Bitcoin – a battle for portfolio diversification

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[SINGAPORE] As US President Donald Trump’s eye-watering tariffs triggered a tanking of the world’s markets in the past week, the paths of two alternative assets diverged.

Exits to remain tough for South-east Asia private equity despite uptick in 2024

[SINGAPORE] Private equity (PE) enjoyed upticks in deal value and number of exits in 2024, but the exit environment remains tough, a report by management consultancy Bain & Company has said.

South-east Asia’s key garment and footwear trade dodges tariff bullet – for now

[JAKARTA / HO CHI MINH CITY] South-east Asia’s role as the factory floor for global sportswear and apparel giants is being tested by the high-stakes tariffs stand-off with Washington – and the next 90 days of haggling could make or break the region’s edge as a manufacturing hub and long-term investment magnet.

Sats JV to upgrade Marina Bay Cruise Centre, gets extension for terminal operator agreement 

[SINGAPORE] Sats announced on Friday (Apr 11) that terminal operator Sats-Creuers Cruise Services (SCCS) will lead refurbishment works for Marina Bay Cruise Centre Singapore (MBCCS).

Singapore shares settle lower on Friday; STI down 1.8%

[SINGAPORE] The Straits Times Index (STI) closed down on Friday (Apr 11), along with most regional indices.