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Daily Debrief: What Happened Today
Singapore's economy is expected to grow 2.7 per cent in 2017, buoyed by improved growth dynamics and ongoing recovery in global trade, said the latest report by the Institute of Chartered Accountants in England and Wales (ICAEW) released on Thursday.
Equity-based fund raising by Singapore-domiciled companies in the first half of 2017 is on track for a 62 per cent slowdown from a year ago, with just US$1 billion raised so far, according to data from Thomson Reuters.
Ministerial committees in Singapore - such as the one set up to mull over the future of Lee Kuan Yew's former residence - are often convened to overcome challenges in governance, and contribute to Singapore's success, said Deputy Prime Minister Tharman Shanmugaratnam.
Families, who own cars currently because of the need to ferry children or elderly parents, will not need to do so any more in the future.
The Ministry of Law (MinLaw) on Thursday announced that 65 per cent of the new office space at 28 Maxwell Road has already been taken up even before refurbishment works begin.
Singapore Airlines' (SIA) new codeshare agreement with Eurowings takes effect from Thursday, giving SIA passengers access to certain routes in Europe.
Homegrown animation company Tiny Island Productions will be penetrating into the hard-to-enter China market space and achieving a major milestone for Singapore's animation industry.
The STI Today
The Straits Times Index on Thursday rebounded from Wednesday's 28-point loss by 13.78 points to 3,215.55, led mainly by the banks, property counters, Jardine Matheson and Hongkong Land.