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Singapore Wrap Friday

Today's notable stories

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IT'S just a matter of time before Singapore sees a prime minister from a minority race, said Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam on Friday - but it won't be him, as he is not interested in the job.

Not interested in being PM, says Tharman

It's just a matter of time before Singapore sees a prime minister from a minority race, said Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam on Friday - but it won't be him, as he is not interested in the job.


New Nikkei Singapore PMI shows improved business conditions in June

A new purchasing managers' index (PMI) for Singapore, released on Friday, shows that business conditions improved in June for the first time in three months.

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MOM smashes syndicate involved in illegal importation of labour; 41 arrested

The Ministry of Manpower (MOM) said on Friday it has busted a syndicate suspected to be involved in bringing in foreign workers for illegal employment in Singapore.


Total unveils its largest global lubricant plant in Singapore

French oil major Total on Friday launched its new lubricant oil-blending plant in Singapore, which is its largest in the world.


Perennial in JV with Guangdong medical group to enter healthcare business in China

Singapore-listed Perennial Real Estate Holdings has entered into a joint venture (JV) with Guangdong Boai Medical Group Co to acquire, develop and manage healthcare services business in China as the company strategically seeks to enter the healthcare business in that country.


The STI Today

Singapore shares close 0.4% higher on bank rally amid Greek uncertainties

Singapore shares gained 0.4 per cent on Friday, with the Straits Times Index up 14.89 points to 3,342.73 amid ongoing uncertainty about Greece.

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