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Daily Debrief: What Happened Today

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Singapore industrial production surprises with 13.7% growth in August

SINGAPORE'S factory output soared by a surprising 13.7 per cent year on year in August, led by strong growth in electronics, according to Singapore Economic Development Board figures on Friday.

Lim Oon Kuin faces second charge of abetting Hin Leong worker in forgery

TYCOON Lim Oon Kuin, founder of oil trader Hin Leong Trading, on Friday found himself facing another charge of instigating a worker to commit forgery.

Singapore and Japan launch travel lane for business professionals

MORE business executives and professionals will now be able to travel between Singapore and Japan, using a new "Residence Track" unveiled by the Ministry of Foreign Affairs on Friday.

Minimum CPF interest rates extended by a year to Dec 31, 2021

CENTRAL Provident Fund members will continue to receive the 4 per cent minimum interest rate for their Special, MediSave and Retirement Account monies for another year, until Dec 31, 2021.

Novena Global Healthcare board distances itself from Loh cousins, sets up panel to probe 'forged' accounts

THE board of Novena Global Healthcare Group (NGHG), the flagship firm founded by scandal-hit Singaporeans Nelson and Terence Loh, have distanced themselves from the duo and set up a special committee to investigate the firm's audited accounts, which a leading accounting firm as alleged are forged.

Enterprise Singapore, FairPrice tie up to help food manufacturers go digital

ENTERPRISE Singapore and NTUC FairPrice's e-commerce platform FairPrice Online have launched an online initiative to help Singapore food manufacturers diversify their revenue streams.

DBS joins Ant's blockchain trade platform

DBS on Friday said it is now a bank partner on a newly launched blockchain trade platform developed by a unit of Ant Group.

Singapore oil trader Hontop's bank debts close to being settled

CHINA Wanda Group, the parent company of Singapore-based Hontop Energy, is close to settling the troubled oil trader's disputes with two of its major lenders, according to people familiar with the negotiations.

Corporate earnings

The STI today

STI closes higher as factory output soars

SINGAPORE shares were pushed into positive territory on Friday, following a surprising set of industrial production figures that eased worries about prolonged economic weakness.

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