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Daily Debrief: What Happened Today
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.
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.
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 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's industrial production is expected to have returned to growth in February after contracting more than expected the previous month, a Reuters poll showed.
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
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.