Daily Debrief: What Happened Today

Employers more generous in providing leave benefits, flexibility: MOM

More employers are providing various leave benefits and flexible work arrangements to help employees cope with personal and family commitments, even though it is not stipulated by law, the Ministry of Manpower (MOM) said on Monday.

Fullerton Healthcare defers IPO in light of market uncertainty

Managed care provider Fullerton Healthcare Corp said on Monday it will defer plans for its initial public offering (IPO) on the main board of Singapore Exchange (SGX) in the light of current market uncertainty.

SGX queries ISR Capital on valuation report

The Singapore Exchange (SGX) on Monday queried mainboard-listed ISR Capital on its Al Maynard valuation report. It had questioned the company's audit committee on the latter's views about the consideration of S$40 million paid by ISR Capital for a 60 per cent stake in Tantalum Holding (Mauritius) Ltd.

SGX has largest share of IPO money among 6 Southeast Asia stock markets: Deloitte

Singapore Exchange (SGX) has the largest share of proceeds from initial public offers (IPOs) among the six Southeast Asia stock markets as of Nov 21, 2016, Deloitte Singapore said.

GIC group president Lim Siong Guan to hand over to incoming CEO Lim Chow Kiat

GIC group president Lim Siong Guan, 69, will be handing over the reins of leading the Singapore sovereign wealth fund to Lim Chow Kiat, 46, who will be its chief executive officer come Jan 1, 2017.

SIA cuts flights to Jakarta as directed by Indonesian authorities

Singapore Airlines (SIA) is reducing its operations to Jakarta by five weekly flights with effect from December 1, 2016, as directed by Indonesian civil aviation authorities.

The STI Today

Singapore shares close lower as Trump rally loses steam

The Straits Times Index rose 24 points last week in tandem with a Wall Street banking on US President-elect Donald Trump being good for the US economy but fell back 21.98 points or 0.8 per cent to 2,816.67 on Monday, possibly as the reality of higher interest rates and an anti-trade, protectionist US under Mr Trump sank in.