Daily Debrief: What Happened Today
Stories you might have missed
Singapore business optimism hits historical low: credit bureau
Local firms in Singapore are increasingly more pessimistic, depressing a widely-followed optimism index into a contractionary zone for the first time in three years after it took a turn for the worse in the fourth quarter of 2015.
Singapore extends 3% wage offset for hiring older workers till 2017
The Singapore government will extend the special wage offset for hiring older workers which is set to expire by year-end until the new re-employment age of 67 comes into effect in 2017, the Ministry of Finance and the Ministry of Manpower (MOM) said in a joint press release on Tuesday.
AHPETC again gets worst rating in governance, S&CC arrears management
Aljunied-Hougang-Punggol East Town Council (AHPETC) has again been slapped with the worst banding in service and conservancy charges (S&CC) arrears management and corporate governance, the latest Town Council Report showed on Tuesday.
MAS offers S$300m of Singapore Savings Bonds for January, targets S$4b for 2016
Investors can buy up to S$4 billion of Singapore Savings Bonds in 2016, with up to S$300 million on offer for the January series, the Monetary Authority of Singapore (MAS) announced on Tuesday.
Circulation at Singapore Press Holdings increases 4.3%
Singapore Press Holdings (SPH) saw total circulation of its newspapers' print and digital editions increase by 4.3 per cent from a year ago, amid changing media consumption patterns, to average at 1.1 million copies per day in the financial period ended August 2015.
Standard Chartered, RBS avoid need for more capital in BOE tests
Standard Chartered Plc and Royal Bank of Scotland Group Plc escaped having to raise additional capital in the Bank of England's latest stress test, even though they fell short in some parts of the assessment.
The STI Today
Singapore shares close higher in line with Hong Kong, China on yuan news
Concerns over whether the yuan's inclusion as a reserve currency would spark volatility in equity markets proved unfounded as stocks on Tuesday rose sharply after confirmation that China's currency has indeed been added to the International Monetary Fund's (IMF's) Special Drawing Rights (SDR) basket.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
South Korea to slap fines on food suppliers for ‘shrinkflation’
Stormy Daniels’ ex-lawyer in the hot seat at Trump trial
New Zealand says ‘seriously concerned’ by China’s increased security actions in Pacific
EU, ISSB agree on minimising overlaps in company climate disclosures
US law firm Mayer Brown to split from Hong Kong partnership
US labour costs rise by most in a year as productivity cools