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Daily Debrief: What Happened Today
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According to an internal message to staff seen by The Business Times, chief executive Goh Choon Phong will now be taking a salary cut of 30 per cent from April 1, up from 15 per cent previously.
SINGAPORE'S core inflation turned negative in February for the first time in over a decade, due largely to a decline in the cost of services - chiefly airfares and holiday expenses - amid the Covid-19 outbreak, raising expectations of significant monetary easing in April.
Singapore government to unveil additional Covid-19 support measures on Thursday
WORKERS, businesses and households in Singapore can expect additional support measures from the government soon, to help them cope with the impact of the coronavirus pandemic.
THIS will shape international rules, establish interoperability between digital systems and address frontier issues in emerging technologies.
BUYERS purchased 167 of the 548 units in the Spanish-themed EC, which is located near Sengkang MRT and slated for completion by December 2023.
BEST World International may have understated the sales and expenses relating to its China franchise business in 2018, with some 20 per cent of sales proceeds going into other bank accounts instead, its independent accountant said in an interim update.
The STI today
THE STI closed 177.26 points or 7.4 per cent lower at 2,233.48 with all 30 counters finishing with losses.