Daily Debrief: What Happened Today (Apr 15)

Stories you might have missed

Suntec Reit eyes injection of 9 Penang Road from sponsor into portfolio

[SINGAPORE] Tang Organization, the new sponsor of Suntec Real Estate Investment Trust (Reit), may soon inject its 9 Penang Road building that houses UBS’ Singapore operations into the Reit’s portfolio.

Near sell-out launches in March boost developer sales to 1,300 units after four slow months

[SINGAPORE] Developers in Singapore sold 1,300 private homes in March, up 78.3 per cent from the 729 units moved a year earlier, as more projects hit the market after a slow season.

Indonesia eyes Russian crude as Middle East tensions deepen import gap, subsidy strain

[JAKARTA] Indonesia is weighing crude imports from Russia as it seeks cheaper barrels, a more diversified supply and relief for its subsidy-heavy energy system amid tighter global oil markets.

Construction, defence among sectors to watch in Singapore amid geopolitical tensions: analysts

[SINGAPORE] Singapore’s construction boom is one of the key drivers of the local stock market’s recent performance, said analysts, though they cautioned that a prolonged Middle East conflict could weigh on the sector.

More older millennials and Gen X in Singapore investing in cryptocurrency: report

[SINGAPORE] The sandwich class is investing more in cryptocurrency than other age groups, crypto exchange Independent Reserve has found.

Changi Airport to revamp private terminal, expand amenities in Terminal 2

[SINGAPORE] Changi Airport has started redeveloping its former Commercially Important Persons terminal site, replacing it with a private terminal.