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Daily Debrief: What Happened Today

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Tuesday, August 30, 2016 - 18:30
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THE Inland Revenue Authority of Singapore (Iras) collected S$44.8 billion in tax revenue in FY15/16 - 3.2 per cent more than in the previous financial year.

Singapore's tax revenue up 3.2% to S$44.8b in FY15/16

The Inland Revenue Authority of Singapore (Iras) collected S$44.8 billion in tax revenue in FY15/16 - 3.2 per cent more than in the previous financial year.


Changi Airport's activity rises in July

Singapore's Changi Airport saw increased activity in July, the group said in a statement.


Strong demand for US$ bond deals

It's a busy day for the Asian US dollar (US$) bond market. Besides the DBS USD Additional Tier 1 Perpetual bond deal, two other Chinese issuers are also tapping the market, and orders for the three are said to have exceeded a combined US$16.55 billion.


Australia, Taiwan, South Korea issue travel warnings for Singapore

Australia, Taiwan and South Korea advised pregnant women and those attempting to get pregnant to avoid travel to Singapore after an outbreak of the Zika virus infected more than 50 people in the city-state.


ST Engineering's US unit enters into Saudi JV

A US subsidiary of Singapore Technologies Engineering (ST Engineering) has entered into a joint venture in Saudi Arabia.


Corporate Earnings


The STI Today

Singapore shares close flat with STI at 2,828.39

Singapore shares struggled to hold on to an early rebound on Tuesday as the Straits Times Index (STI) eased by 0.04 per cent or 1.04 points to close almost flat at 2,828.39.