Daily Debrief: What Happened Today (May 6)

Stories you might have missed

Carro aims to treble earnings ahead of potential IPO

[SINGAPORE] Car marketplace and automotive services platform Carro aims to boost its profitability and will seek a final round of fundraising to help it grow, before seeking an initial public offering (IPO).

Why a US-listed video game firm is paying a premium for a Singapore-based tech products distributor

[SINGAPORE] For over 30 years, one little-known wholesaler and distributor of technology products – including IT accessories, gaming components and smart technology – steadily built up its distribution network.

In recent elections, incumbents in Canada, Australia and Singapore had a Trump card

[SINGAPORE] US President Donald Trump’s tariff policies have polarised America, but in other countries, they may have done something quite different: rallied voters behind their incumbent governments.

Ng Chee Meng asks not to be given a government role; addresses photo with Su Haijin, MOE dialogue

[SINGAPORE] Labour chief Ng Chee Meng – who will return to Parliament after being elected in the May 3 General Election – has asked Prime Minister Lawrence Wong to not assign him any position in government.

Mapletree Pan Asia Commercial Trust should explore merger or sale of Festival Walk to become more Singapore-centric

SINGAPORE’S largest mall, VivoCity, with over a million square feet of lettable area, is much loved by shoppers. However, the mall’s owner – Mapletree Pan Asia Commercial Trust (MPACT) – receives little affection from investors.

Singapore stocks end higher on Tuesday ahead of FOMC meeting; STI up 0.2%

[SINGAPORE] Stocks on the local bourse ended higher on Tuesday (May 6), ahead of the next US central bank meeting where policymakers are expected to keep interest rates on hold.