Daily Debrief: What Happened Today

State funeral procession for SR Nathan to begin at 2pm on Friday

The state funeral procession for SR Nathan, Singapore's longest-serving president, will begin at 2pm on Friday, and will pass landmarks of significance to the late Mr Nathan, such as City Hall, Fullerton Hotel and NTUC Centre.

CPFIS funds post 0.68% gain in Q2 from Q1

Funds that can be purchased under the Central Provident Fund Investment Scheme (CPFIS) posted an overall gain of 0.68 per cent in the second quarter from three months ago, Thomson Reuters Lipper on Thursday said, boosted by broad-based gains.

Bank bonuses for Singapore debt sales raise conflict concerns

Singapore's private banks are coming under scrutiny for earning bonuses by selling risky debt, as the city sees an unprecedented wave of defaults.

HSBC Singapore appoints new retail banking and wealth management head

HSBC Bank (Singapore) said on Thursday it will appoint Anurag Mathur as head of its retail banking and wealth management business in Singapore.

Healthcare costs of elderly in Singapore projected to rise tenfold by 2030

Total healthcare costs of the elderly in Singapore are projected to rise tenfold over the next 15 years to US$49 billion annually, a report by Marsh & McLennan Companies' (MMC) new Asia Pacific Risk Center said.

MAS invites feedback on proposal to update rules on e-payments

It released a consultation paper on Thursday on proposed changes to the payments regulatory framework and establishment of a National Payments Council.

Anti-competition body to watch exclusive agreements between restaurants and delivery services

The Competition Commission of Singapore (CCS) said on Thursday it has investigated and found no harm for now in competition from exclusive agreements inked between restaurants and an unnamed online food delivery service.

Corporate Earnings

The STI Today

Singapore shares close higher, lifted by blue chips

Blue chips led Singapore stocks to their third straight positive session on Thursday, with the Straits Times Index gaining 7.36 points, or 0.26 per cent, to close at 2,876.93.