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Daily Debrief: What Happened Today
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THE leadership change takes effect from Jan 1, with Mr Ho continuing to help the SBF as its senior adviser after his retirement.
DBS and Standard Chartered (StanChart) will again slash rates on their respective savings accounts from Jan 1, 2021 on the back of a grim interest rate environment.
STANDARD Chartered (StanChart) on Wednesday announced the launch of its Singdollar sustainable time deposits, which is the first local currency sustainable deposit product that enables retail and private banking investors to get returns for their investments in sustainability.
NAMED SG5, the nine-storey facility will be located at Tanjong Kling data centre park and be directly connected to the four existing Equinix International Business Exchange (IBX) data centres in Singapore via low-latency dark fibre links.
SABANA Reit's manager made that point in a bourse filing on Wednesday morning in response to concerns raised by the deal's key opponents, adding that the procedures apply equally to all unitholders of the trust.
CHONG Yoon Loi, a former representative of Aviva Financial Advisers (AFA), was handed a four-year prohibition order (PO), while Suresh Kannan, a former representative of The Great Eastern Life Assurance Co, was issued a two-year PO.
The STI today
THE benchmark Straits Times Index sank into the red on Wednesday, declining 0.11 per cent or 3.17 points to close at 2,810.95.