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Daily Debrief: What Happened Today
Singapore's Ministry of Manpower (MOM) will raise its salary support caps to encourage more employers to offer Professional Conversion Programme (PCP) to mid-level workers.
Financial institutions (FIs) can expect the Monetary Authority of Singapore (MAS) to engage them more regularly on what they are doing within the organisation to shape the right culture.
Singapore has moved down five positions on the global ranking for construction costs, making it the 15th most expensive city in the world to build in, based on the International Construction Costs Index published by global design and consultancy firm Arcadis.
Singaporean managers and senior staff can prepare for 5 per cent pay increases at most this year as the labor market stabilises.
Royal Caribbean International, the Singapore Tourism Board and Changi Airport Group have entered into a second multi-million dollar marketing partnership to promote cruising out of Singapore to passengers on Royal Caribbean's Ovation of the Seas and Voyager of the Sea.
The Housing & Development Board (HDB) on Monday launched a mixed commercial and residential site at Upper Serangoon Road for sale by public tender under the government land sales (GLS) Programme.
Emas Offshore on Monday requested a trading suspension "with immediate effect", according to its filing to the Singapore Exchange (SGX).
The STI Today
The Straits Times Index on Monday tracked movements in the Dow futures throughout the day, eventually ending a net 0.83 of a point lower at 3,121.51.