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The Monetary Authority of Singapore intends to introduce legislative amendments aimed at boosting safeguards for wealthier investors for a first parliamentary reading by the fourth quarter.
China intensified its checks on people and goods arriving from Singapore on Thursday, as an outbreak of the Zika virus in the small city-state was confirmed to have spread to at least one person in neighbouring Malaysia.
For all our Zika coverage, go to bt.sg/zika
Keppel Fels has signed a heads of agreement with Rosneft and MHWirth to define the anchor projects to be pursued by tripartite joint venture company Zvezda-Keppel Design and Engineering Center.
Oil and gas subcontractor AusGroup has halted trading upon request by Singapore Exchange (SGX) regarding an article in the press.
The STI Today
The possibility that US interest rates may be raised sooner rather than later and the possible entry of a fourth telco weighed on sentiment this week, dragging the Straits Times Index (STI) 54 points or 1.9 per cent down to 2,803.92.