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Daily Debrief: What Happened Today
Singapore and other advanced economies must narrow the widening gap in innovation, as firms at the frontier of knowledge, productivity and new products are charging ahead of the rest of the economy.
IT job advertisements grew by 30 per cent in Singapore in the fourth quarter of 2016, signalling strong demand for IT professionals as more firms here invest in technologies, a Robert Walters survey showed on Monday.
Singapore-listed companies continued to cluster their annual general meetings (AGMs) and extraordinary general meetings (EGMs) around the same few days in April last year.
OCBC Investment Research on Monday said it expects a level playing field for Singapore's largest taxi operator ComfortDelGro, following the regulatory nod for taxi companies to adopt a flat fee structure
Standard Chartered Bank Singapore on Monday said it would increase fully-paid maternity leave for Singapore-based employees to 20 weeks. New adoptive mothers will also benefit from 20 calendar weeks' leave, compared with the current industry entitlement of four weeks.
Fortis Healthcare Ltd, India's second-largest private hospital chain by market value, is weighing a buyout of the Singapore-listed business trust that owns some of its clinics, people with knowledge of the matter said.
The STI Today
Stocks weakened on Monday in response to a triple-digit loss in the Dow futures that came after the Trump administration on Friday failed to push ahead with its healthcare reform, a failure that called into question its ability to gain Congressional approval for its upcoming budget.