Daily Debrief: What Happened Today (Oct 15)

Stories you might have missed

Market sees higher ship refinancing amid conflicts between US and China

[SINGAPORE] With the US levying fees on Chinese-related vessels and China retaliating with tit-for-tat port fees on US-affiliated ships, the shipping market is now experiencing a wave of refinancing activity.

Developers’ sales fall 36.4% year on year in September; fewer units launched in Hungry Ghost month

[SINGAPORE] Developers in Singapore sold 255 private homes (excluding executive condominiums or ECs) in September. This was down 88.1 per cent from the month before and 36.4 per cent lower than the 401 units sold a year earlier, showed data released by the Urban Redevelopment Authority on Wednesday (Oct 15).

Tariffs, port fees, export bans: How US-China trade tensions are ramping up and what it means

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[SINGAPORE] Just as Asian markets shuttered at the end of last week, trade tensions between China and the US revved up again.

Bugatti has ‘absolutely’ no plans to ditch internal combustion engines, says its EV-pioneering CEO

[SINGAPORE] What happens when a 37-year-old electric vehicle (EV) pioneer heads a traditional high-luxury and ultra high-performance car brand – with a 100-plus year history powered by huge, inefficient petrol engines?

HDB launches 9,144 BTO flats, including first in Mount Pleasant, Berlayar estates

[SINGAPORE] The Housing Board launched 9,144 Build-To-Order (BTO) flats for sale on Oct 15, including the first flats in two new housing estates – Mount Pleasant in Toa Payoh town and Berlayar on the former Keppel Club site in Bukit Merah.

IOI starts phased marketing of W Residences Marina View Singapore, from S$3,230 psf

[SINGAPORE] Malaysian giant IOI is kicking off a public launch of its 638-unit luxury project W Residences Marina View Singapore, with 100 units offered for sale in the first phase on Oct 25 at prices starting from S$3,230 per square feet (psf).

Latest Singapore 1-year T-bill cut-off yield drops to 1.35%

[SINGAPORE] The cut-off yield on the Republic’s latest one-year Treasury bill (T-bill) fell to 1.35 per cent, based on auction results released by the Monetary Authority of Singapore on Wednesday (Oct 15).