Daily Debrief: What Happened Today
Stories you might have missed
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
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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Chinese tourists are again embracing international travel
Abu Dhabi raises US$5 billion with first eurobonds in three years
Thailand’s 500 billion baht handout aims to boost overall economy, not geared to poor: official
German business sentiment rises in April: Ifo
Indonesia’s central bank delivers surprise rate rise to support rupiah
Prabowo’s aide says Indonesia doesn’t need another rate hike