Daily Debrief: What Happened Today (May 14)

Daily Debrief: What Happened Today (May 14)


Stories you might have missed

Singapore Airlines to operate out of Changi Airport’s Terminal 5; internal train to cover 2 km distance

The mega terminal will have three sub-terminals spread over some 2 km.


Frasers Property offers to privatise FHT for S$0.71 per stapled security

The offer price represents an 11.1% premium over its net asset value.


Cariflex launches US$350 million polyisoprene plant in Singapore, the world’s biggest

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The plant is also the first of its kind in Singapore, creating 80 skilled jobs.


Microsoft announces global job cuts; Singapore office keeps mum on local impact

In an earlier 2023 round of layoffs, the tech giant similarly did not confirm if Singapore staff were affected.


OCBC merges stockbroking businesses into global markets division

Integration will allow the bank to develop more holistic wealth propositions for high-net-worth segments, and unlock opportunities in the institutional equities space.



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