Daily Debrief: What Happened Today (May 5)

Stories you might have missed

Singapore retail sales rebound in March, up 1.1% after prior dip

[SINGAPORE] The Republic’s retail sales rose 1.1 per cent in March, reversing February’s 3.5 per cent decline, data from the Department of Statistics showed on Monday (May 5).

Far East Organization puts Tuas asset with big redevelopment potential on the market

[SINGAPORE] Far East Organization has put on the market a sizeable industrial property in Tuas with substantial redevelopment potential.

Singapore dollar surges against US dollar as Asia currencies rally on trade hopes

Asian currencies rallied on Monday on hopes of a thaw in the US-China trade war and regional tariff deals with the Trump administration.

As T-bill, SSB yields fall, here’s where to invest for higher yields: analysts

[SINGAPORE] Yields are steadily declining, which is bad news for investors looking for a safe corner to park their cash.

Gates Foundation to open office in Singapore – its 12th worldwide

[SINGAPORE] The Gates Foundation – one of the world’s largest private philanthropic organisations – will be opening an office in Singapore, said Bill Gates on Monday.

Grab appoints Alejandro Osorio as new managing director for Singapore

[SINGAPORE] Ride-hail and delivery giant Grab announced on Monday that Alejandro Osorio has been appointed as managing director of Grab Singapore.