Daily Debrief: What Happened Today
Stories you might have missed
Budget 2020: Billions in short-term support, while keeping long-term focus for Singapore
EVEN as Budget 2020 sets aside SS$5.6 billion to help firms, workers and households amid the Covid-19 outbreak, it retains a focus on the future, from economic transformation to climate change, said Deputy Prime Minister and Finance Minister Heng Swee Keat on Tuesday.
Cecil Street's IOB Building up for sale at S$217.7m guide price
THE redevelopment property at the junction of Cecil Street and Cross Street in the central business district (CBD) has a tenure of 99 years from May 1983 and a site area of 891.8 square metres or about 9,599 square feet (sq ft).
S&P sees Singtel associate Advanced Info Service losing rating headroom with spectrum win
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ADVANCED Info Service's (AIS) rating would face negative pressure if the Singtel Thai associate's operating metrics weaken, or if its discretionary spending rises above S&P's forecast over the next two years, the credit rating agency said on Tuesday.
Corporate earnings.
The STI today
Focus on Budget but S'pore shares extend fall as Covid-19 fears linger
With investors continuing to focus on developments surrounding the spread of Covid-19, the STI extended its slide for a fourth day, closing 16.37 points or 0.5 per cent lower at 3,196.63.
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International
Blinken to meet businesses in Shanghai as he kicks off a tough China trip
Indonesia’s central bank surprises with ‘pre-emptive’ rate hike to cushion falling rupiah
South Korea’s economic growth beats forecast as exports rise
China 2024 growth outlook raised to 4.8%, deflation risk lingers
Luxury sector outlook clouded by China’s slow recovery
‘We aren’t going anywhere’: TikTok CEO expects to defeat US restrictions