Daily Debrief: What Happened Today (Jul 22)

6 months ago 65

Stories you might have missed

S-Reits to hit ‘turning point’ in coming quarter amid expectations of interest rate cuts

AFTER two years of declining share price performance, analysts believe that Singapore-listed real estate investment trusts (S-Reits) will hit a “turning point” in the coming quarter amid expectations of an interest rate cut by the US Federal Reserve this September.

Grab acquires local restaurant reservation platform Chope, aims to capture more diners in region

RIDE-HAILING company Grab has acquired home-grown restaurant reservation platform Chope and will take over Chope’s operations in Singapore, Indonesia and Thailand, according to an internal e-mail seen by The Business Times.

Kore obtains option to extend US$115 million term loan facility for 12 months

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