Singapore Wrap Tuesday

Singtel tops Governance and Transparency Index, with SGX a close second

Singapore Telecommunications has reclaimed its status as the Republic's most well-governed and transparent company, according to the Governance and Transparency Index 2015 released on Tuesday.

Noble Group says challenges this year make it a better company

Since February, Noble Group Ltd's stock fell more than 60 per cent as profits slid with commodity prices, its accounting methods came under attack and its credit outlook went from stable to negative.

Teachers, allied educators to get pay raise from October

Teachers will get a pay raise from Oct 1, 2015, the Ministry of Education said in a statement on Tuesday. Those in various General Education Officer and Senior Education Officer grades will receive a 4-9 per cent increase in their monthly salaries.

PM Lee unveils commemorative S$50 and S$10 notes to celebrate SG50

Prime Minister Lee Hsien Loong on Tuesday unveiled a set of six commemorative polymer currency notes to celebrate Singapore's 50 years of independence. These notes, issued by the Monetary Authority of Singapore (MAS), comprise a S$50 note and five S$10 notes.

In Parliament Today

A Singaporean woman was killed and seven Singaporeans were injured in the bomb blast near the Erawan Shrine in central Bangkok on Monday night, Foreign Affairs Minister K. Shanmugam told Parliament in a ministerial statement on Tuesday.

Under the 1962 Water Agreement, PUB is not obliged to pay the land assessment tax which the Kota Tinggi District Council has sought to impose, Foreign Minister K Shanmugam told Parliament on Tuesday.

The STI Today

Singapore: Shares close weaker on China worries

The local stock market underwent another soft session on Tuesday with the Straits Times Index dropping 17.7 points or 0.6 per cent to 3,049.65 and the broad market excluding warrants recording 111 rises versus 354 falls. Turnover was a moderate 1.5 billion units worth S$1.2 billion and sentiment, which has been weak for several weeks, remained soft on worries over China's yuan devaluation last week.