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Singapore Wrap Monday


Here's a round-up of today's Singapore headlines:

Singapore-KL high-speed rail terminal to be located at Jurong Country Club site

The Jurong Country Club (JCC) golf course site has been chosen as the location for the Singapore terminal of the high-speed rail (HSR) link with Kuala Lumpur. The Singapore Land Authority (SLA) gazetted the acquisition of the Jurong Country Club site on Monday.

From today's Parliament sitting:

Corporate earnings

Singapore announces launch of green data centre initiative

With data centres being the core infrastructure for Singapore's Smart Nation initiative, the government on Monday announced the launch of a green data centre innovation programme (GDCIP) to raise energy efficiency of the data centre industry in the country.

Singapore seeks to 'create a more rehabilitative regime for bankrupts'

The Singapore Ministry of Law (MinLaw) is seeking to have most first-time bankrupts discharged five to seven years after the bankruptcy order, under proposed amendments to the Bankruptcy Act.

Singapore's record labour market tightness crimping growth prospects: report

Singapore's economic growth is likely to remain subdued amid record tightness in the labour market, but the city-state will continue to outperform most of its developed world peers in terms of real economic growth over the coming decade, BMI Research said on Monday.

Singapore market report: Banks, Singtel push STI up in thin trading

Gains in the three banks and Singtel helped the Straits Times Index (STI) rise 18.79 points to 3,470.80 on Monday, albeit in one of the lowest one-day turnovers this year - 1.1 billion units worth S$801.7 million.