Daily Debrief: What Happened Today (Jul 8)

Stories you might have missed

Great Eastern set to resume trading after delisting vote fails

[SINGAPORE] Great Eastern Holdings is set to resume trading after a vote for a delisting resolution fell through at its extraordinary general meeting (EGM) on Tuesday (Jul 8).

Chuan Grove site draws 7 bids with S$1,376 psf ppr top bid from Sing Holdings, Sunway joint venture

[SINGAPORE] A joint venture between Sing Holdings and Sunway Developments placed the top bid for a 99-year leasehold private housing site in Chuan Grove, beating out six other bidders at the government tender’s close on Tuesday (Jul 8).

Quick takes on Trump’s new tariffs: what they mean for markets, the dollar, and inflation

SINGAPORE] US President Donald Trump on Monday (Jul 7) announced tariff rates for 14 countries that will take effect on Aug 1. Trump’s latest trade war salvos come ahead of the 90-day pause that was to end on July 9.

‘Not making enough to survive long’: Tenants lament poor footfall, vacant units at Hao Mart’s Taste Orchard

[SINGAPORE] Smaller businesses at Taste Orchard are struggling to make rent, with master tenant Hao Mart itself scaling down the food-focused mall’s supermarket anchor tenant.

GuocoLand secures S$619.3 million green loan for River Valley Green development

[SINGAPORE] GuocoLand has secured a S$619.3 million green club facility on Tuesday (Jul 8) to finance the acquisition and development of its upcoming River Valley Green (Parcel B) project – a high-end residential development located in Singapore’s prime District 9.

Singapore stocks hold firm after latest salvo of US tariffs; STI up 0.4%

[SINGAPORE] The local bourse extended its rally on Tuesday (Jul 8), after Washington announced the first wave of new tariffs on 14 countries – which did not include Singapore.