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Daily Debrief: What Happened Today
Stories you might have missed
IT will allow for higher payouts for some members, while no one will see their payouts reduced and the move was made in response to feedback and after a review of the scheme by the MOM and CPF Board.
IT is understood that the Singapore lender is expected to take an equity stake, not open up its balance sheet.
SELF-EMPLOYED persons (SEPs) who provide services directly to the public sector will have their Medisave contributions transferred by the government, as and when they earn such income, Manpower Minister Josephine Teo said in Parliament on Monday.
NATIONS like Malaysia and Indonesia have ample spare land for solar panels and enough wind to power turbines, both things that Singapore is lacking, Wong Kim Yin, chief executive officer of SP Group, said in an interview.
THE issue, a perpetual non-callable 5.5 years has an initial price guidance in the 4.25 per cent area.
The STI today
THE overall boost to sentiment lifted the Straits Times Index (STI) as much as 0.6 per cent in the morning session. It retreated during the rest of the day, eventually closing 0.22 per cent or 6.97 points higher to 3,236.40.