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Daily Debrief: What Happened Today

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Monday, June 20, 2016 - 18:30
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New "comply or explain" rules on sustainability reporting are in store for Singapore-listed firms.

New sustainability reporting rules for Singapore-listed companies

New "comply or explain" rules on sustainability reporting are in store for Singapore-listed firms.


New guidelines give greater clarity on leave benefits, notice period for contract workers

Employers are encouraged to grant leave benefits to term contract employees with a long-term working relationship and give sufficient notice to employees (and vice versa) before the term contract's expiry date, said the Ministry of Manpower, National Trades Union Congress and Singapore National Employers Federation on Monday, with the release of their jointly developed Tripartite Guidelines on the Employment of Term Contract Employees.


DBS sees doubling in revenue in financial institutions business over 3-5 years

DBS expects its financial institutions group to double in revenue to S$1 billion over the next three to five years, on the back of an expected surge in assets under management in Asia, a senior executive said on Monday.


Ascott secures 7 new properties, poised to outpace growth in 2015

The Ascott has secured seven new properties comprising 1,714 units across seven cities in Asia, said CapitaLand on Monday, adding that its wholly owned serviced residence business unit is poised to outpace its growth in 2015.


UK's Nassim Road Good Class Bungalow plots up for sale again

The British government has relaunched two freehold Good Class Bungalow plots on Nassim Road for sale by public tender.


The STI Today

Singapore shares close 1.4% up on Monday

Singapore stocks finished 1.4 per cent higher on Monday, with the Straits Times Index rising 37.45 points to 2,800.87.

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