Daily Debrief: What Happened Today

Road map to restructure food services industry rolled out

A blueprint to steer growth in the food services industry through the adoption of innovative business models and technology has been mapped out.

Surge in HDB resale transactions in Aug as prices slip: SRX

HDB resale transactions in August rose 19.5 per cent to about 1,879 flats, compared to a month ago as prices slipped 0.7 per cent, according to estimates by SRX Property.

No evidence Zika in Singapore more or less severe than strain in Americas

There is no evidence that the Zika outbreak in Singapore is caused by a viral strain that is more or less severe than the strain circulating in Latin America, Singapore media reported on Thursday, citing the health ministry.

Olam plans US$150m note issue

Olam International announced before the opening of Thursday trading a proposed issuance of US$150 million five-year senior notes under its US$5 billion Euro Medium Term Note Programme.

Dyna-Mac floats proposal to noteholders

Module fabrication yard operator Dyna-Mac announced before trading began on Thursday that it is seeking noteholders' consent for a proposed call option and an offer to sell notes held for cash at a purchase price proposed by the company.

Addvalue responds to SGX query on unusual trading activity

Technology-focused investment holding company Addvalue Technologies said on Thursday it has been approached by an unrelated third party, indicating on a preliminary basis, an intention to consider taking a significant interest in the company that may result in a change of control.

The STI Today

Singapore shares close slightly higher, STI manages to stay in the black for 2016

Monday's column highlighted the year's starting level for the Straits Times Index (STI) of 2,882 as presenting formidable resistance because the STI had not been able to stay above it for more than a few days on three occasions since the start of the year.