Daily Debrief: What Happened Today (Mar 24)
Stories you might have missed
[SINGAPORE] Supermarket and retail store operator DFI Retail Group on Monday (Mar 24) announced the divestment of its Singapore food business to South-east Asian retail conglomerate Macrovalue (Malaysia).
Singapore to double down on trade, international cooperation, amid maritime sector headwinds: SM Lee
[SINGAPORE] Rather than turn away from trade and partnerships, Singapore must double down and stay open by supporting international cooperation, strengthening itself as a regional and global hub, and building up its maritime industry, said Senior Minister Lee Hsien Loong on Monday (Mar 24).
Singapore core inflation dips further to 0.6% in February
BT in your inbox
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
[SINGAPORE] Singapore’s inflation fell further in February, driven by slower price increases across most broad core categories, other than retail and other goods, data from the Singapore Department of Statistics showed on Monday (Mar 24).
Singapore debuts digital twin of its port
[SINGAPORE] A virtual model of the Port of Singapore was launched by the Republic on Monday (Mar 24), said Minister of State for Transport and Law Murali Pillai.
Temasek’s asset manager Seviora expands to the Middle East
[SINGAPORE] Seviora Group, an asset manager that is wholly owned by Temasek, is widening its reach by opening its first office in the Middle East.
Vietnam’s bank ownership rule shift may draw foreign strategic investors but risks remain
[HO CHI MINH CITY] Vietnam is throwing open the doors to deeper foreign stakes in its banking sector, but while the higher ownership cap may lure fresh capital, analysts have warned that murky balance sheets and mismatched valuations could keep eager investors at bay.
Singapore shares rise on Monday; STI up 0.3%
[SINGAPORE] Singapore shares ended higher on Monday (Mar 24), bucking a regional trend.
Copyright SPH Media. All rights reserved.
