
Daily Briefing: Sembcorp Utilities' energy segment shines; 5 popular misuses of personal loans
And here's what you need to know about the temporary closure in Singapore Changi.
From Motley Fool Singapore: There was strong revenue growth from the Energy sub-segment (a 56% jump). The Water sub-segment did not fare too badly either with an 8% revenue increase. The On-site Logistics & Solid Waste Management sub-segment was the laggard as its revenue declined slightly.
From ValuePenguin via Yahoo!: The rise of household debt has been a big issue in Singapore. Due to lackluster real income growth compared to the rate of inflation, consumers have been borrowing more to fund their consumptions. While this has been particularly case for expensive purchases like cars, it has also led to rise of personal loans. For instance, Google's study of financial markets in Asia shows that personal loan was the most searched financial product in Singapore in Q4 of 2016.
From Reuters: Flights to terminal 2 in Singapore's Changi airport have resumed after a "small" fire led to its temporary closure on Tuesday. The airport received "the all-clear for terminal 2 at about 10.00 pm (1400 GMT). Following this, flight operations ... have resumed progressively with a number of arrival flights using the terminal," officials said in a statement. It said about 40 flights were affected. A fire broke out in a room holding air-conditioning equipment at the terminal, triggering a fire alarm at about 5:40 pm local time (0940 GMT) and prompting evacuation of the terminal, officials said.