Daily Debrief: What Happened Today

Close to half of Singapore employers plan salary increases of 3 to 6%: Hays

SOME 46 per cent of Singapore employers are planning salary increases of 3 to 6 per cent during the next pay review, said recruiter Hays on Tuesday.

Rickmers has until April 15 to give bankers a plan

HSH Nordbank, the largest senior lender to Rickmers Maritime Trust, has given the trust until April 15 to present a plan to restructure its debt.

Bayer's drug sales in Asia-Pac up 8.6% in 2016

PHARMACEUTICAL company Bayer reported an 8.6 per cent increase to 4.8 billion euros (S$7.21 billion) in drug sales in the Asia-Pacific region in 2016.

Natural Cool appoints adviser, chief corporate officer

NATURAL Cool Holdings, the air-conditioning firm that installed a new board recently after a shareholder revolt, said it has appointed two existing directors to take on the roles of adviser and chief corporate officer respectively, in addition to their existing roles.

Singapore industrial output seen rising in February: poll

Singapore's industrial production is expected to have returned to growth in February after contracting more than expected the previous month, a Reuters poll showed.

Neo Group to acquire stake in Hi-Q Plastic Industries

SINGAPORE-LISTED Neo Group has entered into an agreement with Hi-Q Plastic Industries Sdn Bhd to subscribe for 416,327 new shares in the Malaysia-incorporated company for some RM1.6 million (S$505,485).

The STI Today

Singapore shares finish lower in thin trading

AN easy calm settled on the Singapore stock market on Tuesday, with heightened caution the name of the game following news that oil and gas firm Ezra Holdings has filed for US Chapter 11 bankruptcy protection over the weekend.