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Daily Debrief: What Happened Today
Mandai will become an integrated nature and wildlife destination with a new bird park and rainforest park by end 2020.
CPF arrears recovered were from underpayment, non-payment and late payment of CPF contributions by employers.
The IDA standards relate to mobile coverage in Singapore. Mobile network operators have to cover 95 per cent of outdoor areas from July. This will increase to at least 99 per cent a year later.
Acting group chief executive officer of publicly-listed retail and property group Metro Holdings, Lawrence Chiang, has been appointed as the group CEO and executive director of the company with effect from June 1, Metro said in a release to the Singapore Exchange on Wednesday.
Shares of Yeo Hiap Seng jumped more than 12 per cent on Wednesday from the previous day's close, prompting a query from Singapore's bourse operator.
Technics Oil & Gas on Wednesday requested to suspend trading in its shares 20 minutes before market close.
In a filing to the Singapore Exchange, MYP Ltd said that "1 per cent of the purchase consideration of S$560 million has been paid as deposit for the proposed acquisition".
The STI Today
The Straits Times Index (STI) on Wednesday tracked the futures contract on the Dow Jones Industrial Average closely throughout the day. A 50-point rise in the Dow futures in the morning helped the STI move into the black, but by 5pm when the former had dropped 20 points into the red, so did the STI.