Daily Debrief: What Happened Today
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MAS sets up dedicated anti-money laundering and enforcement departments
The Monetary Authority of Singapore (MAS) said on Monday that it would set up dedicated departments to combat money laundering and strengthen enforcement, respectively.
Singapore's overall unemployment unchanged at 1.9%
Singapore's overall unemployment rate remained unchanged at 1.9 per cent in March 2016, with declines seen among residents and citizens.
Port of Singapore container volume increases in May
Total container throughput at the Port of Singapore rose for the first time since the start of 2016 in May against the corresponding period in 2015.
Grab to launch ride-sharing service between Johor Bahru and Singapore
The GrabHitch Johor Bahru-Singapore Inter-Country Service will be available for booking from June 20.
Lubricant manufacturer United Global gears up for Catalist listing
Singapore-based lubricant manufacturer United Global is gearing up for a listing on the Singapore Exchange's (SGX) Catalist board, it said in a preliminary offer document.
Japanese shipping giant Nippon Yusen Kabushiki Kaisha (NYK) is acquiring a stake in the subsea joint venture (JV) between Singapore-listed company Ezra Holdings and Japanese contracting group Chiyoda.
The STI Today
Singapore shares close lower on Brexit worries
Football supporters on Monday were shocked by a "Braxit" when Brazil unexpectedly exited the Copa America tournament being held in the US after a defeat to Peru, while in Asia, stock market players were shocked by worries of a "Brexit" that sent equity prices reeling throughout the day.
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International
South Korea’s probe alleges 211.2 billion won of illegal short trades
Suzhou Industrial Park: The crown jewel of China-Singapore relations celebrates its 30th year
Top US Treasury official to travel to Singapore, Malaysia to discuss sanctions
Saudi Arabia posts budget deficit of US$3.3 billion in first quarter
Microsoft bets big on South-east Asia, pledges billions in AI and cloud investments
RBA to keep key rate at 12-year high as inflation stirs anew