Daily Debrief: What Happened Today

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Published Thu, Aug 3, 2017 · 10:30 AM
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HDB resale prices retreat 0.6% m-o-m in July but volume up 1.8%: SRX

Prices of Housing & Development Board (HDB) resale flats fell 0.6 per cent in July 2017 over the preceding month, based on SRX Property's flash estimate for last month released on Thursday.

Young S'porean workers at risk of shortfall in retirement income

Young workers in Singapore are at risk of a shortfall in retirement income, despite widespread and high levels of private savings, according to findings by the International Longevity Centre - UK (ILC-UK).

Jobs for life an 'extinct' concept in Singapore: Randstad report

The concept of a job that will last a lifetime has gone "extinct" in Singapore, according to a latest report by Randstad.

CapitaLand will remain 'aggressive but disciplined' in land bidding: president & group CEO

Capitaland will continue to be "aggressive but disciplined" when tendering for land to build up its Singapore residential land bank, president and group CEO Lim Ming Yan said at the company's results briefing on Thursday.

Kingsford Construction fined S$130,000 for safety lapses at Hillview Peak worksite

Kingsford Construction has been convicted and fined S$130,000 under the Workplace Safety and Health Act (WSHA) for multiple safety lapses uncovered during an inspection in June 2016, the Ministry of Manpower (MOM) said on Thursday.

Mercer to develop skills framework and undertake wage study

Consulting firm Mercer was appointed on Thursday to develop a skills framework and undertake a wage study for human resources (HR) professionals in Singapore.

Corporate Earnings

​The STI Today

Singapore shares close weaker

The Straits Times Index spent most of Thursday tracking movements in the Dow futures first and Hong Kong second, finishing the day a net 5.88 points weaker at 3,342.92 mainly due to weakness in the three banks.

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