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Singapore Wrap Monday
The Electoral Boundaries Review Committee (EBRC) was formed two months ago in May and is now preparing its report, Singapore Prime Minister Lee Hsien Loong told Parliament on Monday.
The good news about Certificates of Entitlement (COEs) continues with a 9.7 per cent increase in the quota for the next three months. But those who had been expecting a bigger spike were left disappointed.
StarHub announced the retirement of its chairman and non-executive director, Tan Guong Ching, on Monday. Mr Tan will be succeeded by Terry Clontz who is currently a non-executive director on the StarHub board. Mr Clontz will take on the role of chairman and non-executive director from Wednesday.
The Ministry of National Development on Monday said that the quality of build-to-order (BTO) flats has not been compromised, despite a significant ramp-up in its building programme over the last four years.
More Parliament Reports
- Singapore firms must aim for stronger local core, better quality foreign labour
- Singapore takes tougher stance against organised crime
The STI Today
The relief rally markets enjoyed on Friday extended into Monday when news filtered in that European authorities have managed to hammer out some kind of settlement with Greece. The outcome was a 31.34-point rise in the Straits Times Index to 3,311.22, albeit one that came with low volume of 1.4 billion units worth S$872 million.