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Daily Debrief: What Happened Today

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Monday, December 21, 2015 - 18:30
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New growth areas, corporate innovation, jobs, urban infrastructure and connectivity are the key areas that Singapore's Committee on the Future Economy (CFE) - made up of 30 members from the government, financial, manpower, semiconductor industries - will look into.

Singapore's future economy committee to focus on five key areas

New growth areas, corporate innovation, jobs, urban infrastructure and connectivity are the key areas that Singapore's Committee on the Future Economy (CFE) - made up of 30 members from the government, financial, manpower, semiconductor industries - will look into.


65% of expats in Singapore see more disposable income upon relocation: survey

Close to two out of every three expatriates here report that they have more disposable income than at home, and three out of every five of them can save more by moving, a survey revealed on Monday.


CMA CGM to buy 367,000 NOL shares at S$1.24 apiece in open market

French container shipping giant CMA CGM SA offered to acquire 367,000 shares of Singapore's Neptune Orient Lines (NOL) at S$1.24 per share on Friday.


CapitaLand looking to invest in Vietnam's office segment: exec

Singapore's CapitaLand Ltd is looking to invest in Vietnam's office property segment, its country head said, as the real estate developer seeks to grow its portfolio beyond residential and serviced apartments in the fast-growing economy.


SIA reiterates offer for Tiger 'compelling', recommended by analysts

"Singapore Airlines reiterates that it believes the offer is compelling, with the offer price representing premiums of between 32 per cent and 42 per cent over the last traded price; and the one-month and three-month volume weighted average prices of Tiger Airways shares preceding the announcement of the offer," wrote SIA in a filing to the Singapore Exchange on Monday before the market opened.


Brent hits 11-year low as oil extends slide on glut worries

European benchmark Brent crude slid to an 11-year low on Monday as oil prices resumed their slide in an oversupplied global market facing the prospect of renewed US exports.


The STI Today

Singapore shares close 0.3% lower on Monday

Singapore share prices finished 0.26 per cent lower on Monday, with the Straits Times Index (STI) falling 7.29 points to 2,845.55 on lower trading volumes.