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Daily Debrief: What Happened Today
Singapore's moneylenders' credit bureau will begin operations next year, DP Information Group (DP Info) said on Thursday. DP Info has been appointed to run the new credit bureau. The Ministry of Law will require all licensed moneylenders to provide information of their loans and the payment behaviour of their customers to the bureau.
Wheel Deal, a "first-of-its-kind" car-selling concierge service in Singapore, was unveiled by Singapore Press Holdings' Marketing Division on Thursday.
Companies with humble chief executive officers (CEOs) enjoy higher return on assets, according to a joint study by the National University of Singapore and Arizona State University.
A number of cities in the Asia-Pacific, including Sydney and Seoul, could emerge to challenge the dominance of established world cities such as Singapore, Hong Kong and Tokyo, property consultants JLL said.
- PLife Reit posts 15.6% rise in distributable income for Q3
- CWT lost S$6.3m in Tianjin blast, posts 16% decline in Q3 profit
The upcoming summit between Chinese President Xi Jinping and Taiwanese President Ma Ying-jeou is historic - literally. It's been seven decades since top leaders from both sides, technically still in a state of war, have met in a formal diplomatic encounter.
The STI Today
The Straits Times Index slipped 16.83 points to 3,023.65 on Thursday in quiet trading that saw 1.2 billion units worth S$948.6 million traded, a loss that came despite a slight firming in Hong Kong and China, as well as a modest rise in the Dow futures.