Daily Debrief: What Happened Today (Mar 18)

Stories you might have missed

Punggol Digital District hotel site awarded for S$43.5 million to entity linked to Yeo Hiap Seng family scion

[SINGAPORE] JTC has awarded the tender for its hospitality development in Punggol Digital District (PDD) to Verdant View, an entity linked to the great-grandson of Yeo Hiap Seng’s founder, for S$43.5 million.

All COE premiums rise; mainstream cars up 3.4%, large cars up 1.4%

[SINGAPORE] Premiums for Certificates of Entitlement (COE) increased across the board as the two main car categories posted small increases, while the motorcycle category jumped almost 12 per cent.

Maersk’s S$200 million, fully automated warehouse opens in Singapore

[SINGAPORE] Maersk opened its fully automated distribution centre in Singapore on Wednesday (Mar 18), deepening its contract logistics and e-commerce capabilities in the Asia-Pacific.

Sembcorp shares end 4.3% higher as CGSI adds counter to top Singapore picks

[SINGAPORE] Shares of energy player Sembcorp Industries jumped on Wednesday (Mar 18), buoyed by a bullish broker note highlighting its defensive qualities.

Australia-Europe flight bookings through Singapore up 38% in March

[SINGAPORE] Booking volumes between Australia and Europe that use Changi Airport as a transit hub increased 38 per cent when comparing the period between Mar 2 and 15 to the preceding two weeks.

Sunway Healthcare jumps 27.6% on Bursa debut in Malaysia’s biggest IPO in nine years

[KUALA LUMPUR] Sunway Healthcare got off to a strong start on Bursa Malaysia on Wednesday (Mar 18), with its share price rising 27.6 per cent to RM1.85 from its initial public offering (IPO) of RM1.45 per share.