Daily Debrief: What Happened Today
Stories you might have missed
Singapore court gives green light for Swiber to be placed under JM
The Singapore High Court on Thursday granted the application to place ailing offshore firm Swiber Holdings and its unit Swiber Offshore Construction under judicial management (JM).
HDB resale transactions down in Sept m-o-m but prices up 0.1%: SRX
The volume of HDB resale transactions in September 2016 contracted 11.3 per cent to 1,666 resale flats from 1,879 flats in the preceding month.
3-month Sibor finally cracks under ample liquidity, falls to 0.871%, the low for the year
The three-month key Sibor or Singapore interbank offered rate has finally cracked, weighed down by domestic liquidity; it fell to the year's low on Thursday to 0.87067 per cent from 0.87242 per cent on Wednesday.
NTUC Income introduces telematics-based motor insurance schemes
Market leader NTUC Income is using technology to transmit driving behaviour and reward good drivers with a discount on motor insurance premiums.
SIA signs codeshare deal with Air Mauritius
Singapore Airlines (SIA) and Air Mauritius have inked a codeshare agreement, giving passengers more choice when flying to Mauritius.
PUB seeks proposals for R&D water projects
Singapore water agency PUB said it has launched a request for proposals for basic and applied research and development projects in the water industry.
UOL, UIC buy Raintree Gardens en-bloc for S$334.2m
Property developer UOL Group said associate company UVD (Projects) Pte Ltd has bought the Raintree Gardens residential development at Potong Pasir Avenue 1 for S$334.2 million after an en-bloc tender.
The STI Today
Singapore shares close higher; Noble, O&G and healthcare in heavy play
Singapore stocks finished higher on Thursday, where the Straits Times Index (STI) rose 3.43 points to 2,885.22.
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Economy & Policy
Trade between Singapore and Asean was at S$295.6 billion in 2023
AI lacks judgement to set interest rates, MAS chief says
Iras to claw back S$60 million from buyers who used ‘99-to-1’ loophole to avoid ABSD
Daily Debrief: What Happened Today (May 7)
Two men convicted in S$3 billion money laundering case deported to Cambodia
Daily Debrief: What Happened Today (May 6)