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Daily Debrief: What Happened Today
Most Singapore companies are still not communicating sustainability, a study by the National University of Singapore (NUS) Business School's Centre for Governance, Institutions and Organisations (CGIO) and Asean CSR Network (ACN) has found.
The Singapore Airshow (held on Feb 16-21) brought in nearly S$329 million to the local economy this year as over 130,000 trade and public visitors made their way to the biennial event.
As Singapore's population ages rapidly and more suffer chronic ailments, it will require 30,000 more healthcare workers between last year and 2020. It will also need to completely rethink the way it cares for the elderly, said Health Minister Gan Kim Yong on Thursday.
Singapore-listed mm2 Asia, via its subsidiary mm2 Entertainment, has entered into a format licence agreement with Talpa Global to acquire the exclusive licensed rights to produce and broadcast the Singapore/Malaysia version of The Voice, a talent competition.
The trustee-manager of Rickmers Maritime Trust on Thursday said that it had on Wednesday received a further letter from Rajah & Tann Singapore, which is acting on behalf of a noteholder group that is demanding immediate payment of their share of the S$100 million medium-term notes being proposed for restructuring.
- Frasers Commercial Trust Q4 DPU down 2.8%
- A-Reit's Q2 DPU drops 3.1% to 4.03 Singapore cents
- Keppel Corp's Q3 profit slumps 38%
- Suntec Reit Q3 DPU rises despite lower revenue
The STI Today
A 20-point rise in the Dow futures and initial polls suggesting that the third US presidential debate was won by the candidate the market favours, Hillary Clinton, was not enough to stir much meaningful action in the local stock market on Thursday.