Daily Debrief: What Happened Today (Sep 11)

Stories you might have missed

Singapore’s tax revenue up 10.7% at S$88.9 billion in FY2025 on robust growth and higher consumption

[SINGAPORE] The Inland Revenue Authority of Singapore (Iras) collected S$88.9 billion in tax revenue for the financial year of 2024/25. The 10.7 per cent increase came on the back of strong economic growth and consumer spending.

Platform operators, government to crack down on illegal work as recommended by trilateral group

[SINGAPORE] Platform operators and the government will take stronger action against illegal activity that undercuts local platform workers, following recommendations from a trilateral group.

Evia, Gamuda, Ho Lee consortium places top bid of S$1.01 billion, or S$980 psf ppr for Yishun site

[SINGAPORE] A mixed-use commercial and residential site in Chencharu Close near Khatib MRT station, has drawn three bids at a state tender that closed on Thursday (Sep 11).

Vantage Data Centers bags US$1.6 billion from GIC, Abu Dhabi sovereign fund for Johor, Apac expansion

[SINGAPORE] Vantage Data Centers has clinched a US$1.6 billion investment from GIC, the Abu Dhabi Investment Authority (ADIA) and a global institutional investor to scale its Asia-Pacific platform.

Centurion Accommodation Reit to offer 262 million units at S$0.88 apiece in mainboard listing

[SINGAPORE] Mainboard-listed Centurion Corp is spinning off several of its worker accommodation properties into a Singapore-listed real estate investment trust, or S-Reit.

Global crypto exchanges may see outflow of Vietnamese investors with new local rules

[HO CHI MINH CITY] Vietnam’s recent rule barring domestic crypto holders – estimated to be more than 17 million – from trading crypto assets outside authorised entities could prompt the outflow of millions of Vietnamese users from global exchanges such as Binance and Bybit, warned analysts.

Latest Singapore six-month T-bill cut-off yield falls to 1.38%

[SINGAPORE] The cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) fell to 1.38 per cent, based on auction results released by the Monetary Authority of Singapore on Thursday (Sep 11).