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Daily Debrief: What Happened Today

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As part of leadership renewal, the Prime Minister is making changes to Singapore's Cabinet as well as other political appointments which will come into effect from May 1.

Changes to Singapore's Cabinet from May 1
AS part of leadership renewal, the Prime Minister is making changes to Singapore's Cabinet as well as other political appointments which will come into effect from May 1.


Singapore's soft labour market curbs inflation; external outlook brightens: MAS
A SOFT labour market, downbeat consumer sentiment and uneven domestic growth are curbing price increases in Singapore, said its central bank, adding that unemployment rates may rise slightly this year.

 

 

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MAS expects Brent oil to average US$53 per barrel for 2017 
OIL prices, which affect Singapore's inflation, are not expected to deviate much from US$53 per barrel in the months ahead, said Singapore's central bank.


MPA signs 5 MOUs with local, international partners
THE Maritime and Port Authority of Singapore (MPA) has signed five memorandums of understanding (MOUs) with local and international partners at the Singapore Maritime Technology Conference (SMTC) on Thursday.


SGX Regco to conduct strategic review of market rules: chairman
THE Singapore Exchange's (SGX) newly formed regulatory subsidiary will conduct a strategic review of its various rules after its board is fully formed to improve the market while striking a balance between regulation, compliance and cost, the subsidiary's chairman, Tan Cheng Han, said on Thursday.


Rotary Engineering bags S$140m contract to build new tank terminal in Singapore
ROTARY Engineering has won a S$140 million contract from Jurong Port Tank Terminals to build a new tank terminal in Singapore.


New maritime apprenticeship scheme launched to ensure better job fit
A NEW maritime apprenticeship scheme was launched on Thursday by the Maritime and Port Authority of Singapore (MPA), e2i (Employment and Employability Institute), Singapore Organisation of Seamen (SOS) and Workforce Singapore (WSG), in support of the Adapt & Grow initiative to familiarise and match jobseekers with potential employers.



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The STI Today

Singapore stocks finish mixed - STI weakens but broad market firms 
A CAUTIOUS trading session on Thursday ended with the Straits Times Index 2.4 points weaker at 3,171.36 in moderate turnover of 1.8 billion units worth S$1.1 billion. 


 

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