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Daily Debrief: What Happened Today

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Policy support to ease stresses on businesses caused by Covid-19 will continue to drive the Singapore market, even as the fall in vote share held by Singapore’s ruling party after Friday's General Election (GE) could spur some shift in policy over the longer term, analysts said.

Stories you might have missed

GE2020 result unlikely to move dial for Singapore market: analysts

POLICY support to ease stresses on businesses caused by Covid-19 will continue to drive the Singapore market, even as the fall in vote share held by Singapore’s ruling party after Friday's General Election (GE) could spur some shift in policy over the longer term, analysts said.


Troubled oil trader ZenRock's IJMs uncover doubtful, 'unusually large cash transactions'

THE interim judicial managers (IJMs) of Singapore’s troubled ZenRock Commodities Trading have uncovered hundreds of “questionable” transactions involving duplicate sales invoices, as well as multiple back-to-back “side transactions” and “unusually large cash transactions” following a scrutiny into the trader’s affairs.


MAS-led payments network on path towards commercial adoption

THE Monetary Authority of Singapore (MAS) and Temasek on Monday released a report highlighting the "commercial potential" of Project Ubin, paving the way towards live adoption of blockchain technology.  


SIA group to operate at 7% of pre-Covid-19 capacity in August

SINGAPORE Airlines (SIA) and SilkAir have increased the frequency for existing routes even though they are not adding new destinations in July and August.


OCBC launches first SORA-based home loan

OCBC has launched Singapore’s first home loan referencing the Singapore Overnight Rate Average (SORA), an alternative benchmark rate, available to buyers of completed private properties with a minimum loan size of S$1 million.


Four in 10 Singapore investors eyeing sustainable investments: StanChart

NEARLY four in 10 investors in Singapore are considering allocating 5 to 15 per cent of their funds to sustainable investments over the next three years.


Singapore's SWAT Mobility partners Toyota in Philippines for corporate transport

THE service allows employees and clients of KMC Solutions, the Philippines' largest co-working and staff-leasing company, to book rides and plan routes in minutes through an app.


The STI today

STI slips 0.81% after surprise General Election outcome

THE benchmark Straits Times Index (STI) ended the day at 2,631.08, down 21.57 points or 0.81 per cent.

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