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Daily Debrief: What Happened Today
There were 33,725 citizen births in Singapore in 2015, the highest number in over a decade and more than the 33,200 in the last Year of the Dragon in 2012.
Singapore said it will pursue more cases of complex cross-border money laundering on the back of a fresh report from an inter-governmental body that looks at countering illicit fund flows and terrorism financing, a joint statement from three regulatory agencies on Tuesday showed.
Efforts by regulators to improve the quality of financial reporting by Singapore-listed companies are yielding positive results, with directors of companies taking quick action to rectify any issues.
The Securities Investors Association of Singapore (SIAS) has reiterated its call for Halcyon Agri Corp to consider raising its offer for GMG Global, citing an independent financial adviser's (IFA) finding that Halcyon's offer is unfair. It is also raising questions about valuations used.
Mok Kim Whang, the former Senior Vice President of ST Marine's Tuas Yard has been sentenced to a total of 20 weeks' imprisonment and a total fine of $100,000, in default 20 weeks' imprisonment.
The notes will mature in 2026, and will be drawn down under Singtel Group Treasury's S$10 billion Euro Medium Term Note Programme guaranteed by Singtel (Programme).
In a release issued on Tuesday, the bank said Elaine Lam Su Yen, 44, was appointed with effect from April 15, following George Lee's retirement after 16 years with the bank.
The STI Today
Although the STI managed a rise, volume at 1.4 billion units worth S$853 million was below par, and the advance-decline score of 213-156 excluding warrants showed that gains were not widespread.