Daily Briefing: What investors should know about SingPost's dividends; 11,000 new flats for senior citizens

And check out which tech startup is deemed the best in Singapore.

From The Motley Fool Singapore: Singapore Post Limited paid out seven cents in dividends per share for the financial year ended 31 March 2016 (FY15/16). But that didn’t last. In FY16/17, the logistics provider reduced its dividends to 3.5 cents. The decision might not be surprising, given the tumultuous period that the Singapore Post had to endure in FY16/17. Read more here.

From PropertyGuru via Yahoo!: Singapore’s Housing and Development Board (HDB) had completed a total of 9,119 studio apartments catering specifically to the elderly age 55 and above from 2002 to June 2017, according to the Ministry of National Development (MND) in a parliamentary session on 1 August (Tuesday). Read more here.

From Vulcan Post via Yahoo!: Carousell has undoubtedly become a favourite app among Singaporeans in recent years. It’s also not an overstatement to say that it has revolutionised the mobile marketplace, reimagining the way people buy and sell online. NUS alumni trio – Quek Siu Rui, Marcus Tan and Lucas Ngoo – worked on developing the Carousell mobile app after a year-long stint in Silicon Valley, putting the skills they acquired to good use by envisioning a peer-to-peer marketplace where NUS students could sell things to each other. Read more here

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