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Singapore Wrap Monday
Today's notable stories
- Over-extended borrowers in Singapore total 84,000 people owing S$7.5b
The number of over-extended borrowers in Singapore totals 84,000 people who owe S$7.5 billion, said the Monetary Authority of Singapore (MAS).
- SGX daily share trading down by modest 0.2% in March
Daily share trading activity on the Singapore Exchange (SGX) eased in March from year-ago levels, while derivatives trading continued to grow.
- Pay of OCBC's Samuel Tsien up 12% to S$9.89m
OCBC Bank chief executive Samuel Tsien got a 12 per cent pay hike in 2014 to S$9.89 million, according to the annual report released on Monday.
- Payment promptness of Singapore firms down sharply in Q1 '15
Overall payment promptness of local companies took a dive last quarter after an improvement in the fourth quarter of 2014, based on latest payment statistics from the Singapore Commercial Credit Bureau (SCCB).
- CapitaLand deputy chairman Peter Seah retires
CapitaLand Limited said on Monday morning that its deputy chairman Peter Seah will retire from his position as independent director and deputy chairman.
- Singapore: Pennies in play in quiet session
The Straits Times Index barely budged throughout the day and ended 0.84 of a point lower at 3,452.91. Turnover -at almost 2 billion units worth S$704.3 million was one of the lowest full-day totals this year and excluding warrants, there were 284 rises versus 161 falls.