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Daily Debrief: What Happened Today

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This year's Budget is aimed at helping businesses grow to support a "vibrant and innovative" economy, and at the same time give workers a leg up in developing capabilities and skills to adapt to an economy which is increasingly going digital, Prime Minister Lee Hsien Loong said in a Tuesday morning Facebook post.

Singapore Budget 2018: Vibrant economy a key pillar in 'strategic and integrated financial plan', says PM Lee
THIS year's Budget is aimed at helping businesses grow to support a "vibrant and innovative" economy, and at the same time give workers a leg up in developing capabilities and skills to adapt to an economy which is increasingly going digital, Prime Minister Lee Hsien Loong said in a Tuesday morning Facebook post.


Singapore Budget 2018

Court rules against S$17.5m collective sale of Beauty World Food Centre
A potential S$17.5 million collective sale of the Beauty World Food Centre has been stalled, after the High Court on Tuesday declined to give three of its trustees the power to go ahead with the deal. 

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Market voices on:


 

No change to CPF interest rates, HDB mortgage rate for April-June
THE Special and Medisave Accounts (SMA) interest rate will be maintained at 4 per cent a year from April 1 to June 30, the Central Provident Fund (CPF) Board and Housing Board said on Tuesday.


Noble's sea of red shows post-restructuring challenge for trader
NOBLE Group's profit warning on Monday was a sea of catastrophic numbers: fresh write-downs of about US$1.5 billion will mean an annual loss approaching US$5 billion and leave the Asian commodity trader with negative assets of up to US$850 million.


The STI today

Singapore shares close 0.3% down on Tuesday 
SINGAPORE stocks ended 0.3 per cent lower on Tuesday, with the Straits Times Index shedding 11.35 points to 3,476.53.


 

 

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