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Daily Debrief: What Happened Today

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Monday, August 22, 2016 - 18:30
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SINGAPORE Prime Minister Lee Hsien Loong is on medical leave and will resume his dutues on Aug 29, prompting the postponement of an official visit to Indonesia.

Singapore's PM Lee on medical leave, to resume duties on Aug 29

Singapore Prime Minister Lee Hsien Loong is on medical leave and will resume his duties on Aug 29, prompting the postponement of an official visit to Indonesia.


Heng Swee Keat returns to helm Finance Ministry; Sim Ann leaves MOF to join MTI

Changes to the Singapore Cabinet have been announced, with Finance Minister Heng Swee Keat returning to his post on Monday, Aug 22, after a three-month absence.


High wages flash recession warnings in Singapore

SaladStop owner Adrien Desbaillets has eased off on expansion plans for his organic food chain in Singapore because high wages are pressuring profit margins at a time when the affluent city state is grappling with low growth and slack global demand.


SGX trading queries issued to Best World, LionGold, Broadway Industrial

Three companies - Best World International, LionGold Corp and Broadway Industrial Group - were queried by Singapore Exchange (SGX) on Monday regarding their trading activities.


Chua Kim Yeow, Singapore's first local accountant-general, dies

Chua Kim Yeow, a former accountant-general who later became a candidate in Singapore's first presidential election, died of pneumonia on Sunday morning. Mr Chua, 90, had been admitted to Singapore General Hospital after falling critically ill early this month.


Singapore and US cities in inaugural city Wi-Fi roaming pilot project

Singapore and US cities have joined hands for an inaugural city Wi-Fi roaming project.


Corporate Earnings


The STI Today

Singapore shares close 2.8 points lower

Shares on the local bourse fell with the key Straits Times Index retreating 2.8 points or 0.10 per cent to finish at 2,841.19 on Monday.

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