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Daily Debrief: What Happened Today
The state funeral procession for SR Nathan, Singapore's longest-serving president, will begin at 2pm on Friday, and will pass landmarks of significance to the late Mr Nathan, such as City Hall, Fullerton Hotel and NTUC Centre.
Funds that can be purchased under the Central Provident Fund Investment Scheme (CPFIS) posted an overall gain of 0.68 per cent in the second quarter from three months ago, Thomson Reuters Lipper on Thursday said, boosted by broad-based gains.
Singapore's private banks are coming under scrutiny for earning bonuses by selling risky debt, as the city sees an unprecedented wave of defaults.
HSBC Bank (Singapore) said on Thursday it will appoint Anurag Mathur as head of its retail banking and wealth management business in Singapore.
Total healthcare costs of the elderly in Singapore are projected to rise tenfold over the next 15 years to US$49 billion annually, a report by Marsh & McLennan Companies' (MMC) new Asia Pacific Risk Center said.
It released a consultation paper on Thursday on proposed changes to the payments regulatory framework and establishment of a National Payments Council.
The Competition Commission of Singapore (CCS) said on Thursday it has investigated and found no harm for now in competition from exclusive agreements inked between restaurants and an unnamed online food delivery service.
- 800 Super's Q4 bottom line bolstered by revenue growth, tax credits
- IHH's Q2 net profit up 8% on gains from divestment and foreign exchange
- Sim Lian's full-year profit falls 71%
The STI Today
Blue chips led Singapore stocks to their third straight positive session on Thursday, with the Straits Times Index gaining 7.36 points, or 0.26 per cent, to close at 2,876.93.