Daily Briefing: STI regains ground; How Singaporean billionaires get their wealth

And HDB launches 4,841 BTO flats.

  • The FTSE Straits Times Index gains 0.2% to 2842.22, rebounding from losses as large-caps that had been the worst hit in recent days now turn into the best performers. Find out more here.
  • Singapore is one of the richest places in the world with a stunning 155,000 millionaires. Which means approximately one in 35 people you see every day are millionaires. They’re not really a rare breed anymore. Read more about it here.
  • The Housing and Development Board (HDB) launched 4,841 Build-To-Order flats in Hougang, Sembawang, Yishun and Tampines on Wednesday, 17 August. Know more about it here.
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