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Daily Debrief: What Happened Today
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ABOUT two in five restaurants will not last longer than two more months with the revenues and costs recorded during the ongoing "circuit-breaker" period, going by a survey released by Chope on Wednesday.
FULL-TIME Singaporean employees of close to 150 fintech firms in Singapore can now get insurance coverage against accidental death and injury for free up till early April next year, under a collaboration between insurer Prudential Singapore and the Asean Financial Innovation Network (AFIN).
EMPLOYERS who are in sound financial position should continue to pay retrenchment benefit according to their existing employment contracts, collective agreements, memoranda of understanding or the prevailing norms for retrenchment benefit, the ministry said.
A POTENTIAL buyer has entered into an expression of interest (EOI) with Oxley Beryl, which owns the former Chevron House, to acquire the retail and banking units in the Raffles Place development for S$315 million.
ON 26 and 28 Cavan Road are two adjacent shophouses up for sale with a guide price of S$23.8 million while the corner shophouse at 259 Outram Road has an indicative price of S$12.5 million.
HOWARD Wu and Taylor Woods, co-founders at Eagle Hospitality Trust's (EHT) sponsor Urban Commons, plan to step down from the trust managers' boards of directors.
The STI today
THE Straits Times Index fell 19.39 points or 0.75 per cent to finish at 2,561.94 on Wednesday.