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Daily Debrief: What Happened Today
The Inland Revenue Authority of Singapore (Iras) collected S$44.8 billion in tax revenue in FY15/16 - 3.2 per cent more than in the previous financial year.
Singapore's Changi Airport saw increased activity in July, the group said in a statement.
It's a busy day for the Asian US dollar (US$) bond market. Besides the DBS USD Additional Tier 1 Perpetual bond deal, two other Chinese issuers are also tapping the market, and orders for the three are said to have exceeded a combined US$16.55 billion.
Australia, Taiwan and South Korea advised pregnant women and those attempting to get pregnant to avoid travel to Singapore after an outbreak of the Zika virus infected more than 50 people in the city-state.
A US subsidiary of Singapore Technologies Engineering (ST Engineering) has entered into a joint venture in Saudi Arabia.
The STI Today
Singapore shares struggled to hold on to an early rebound on Tuesday as the Straits Times Index (STI) eased by 0.04 per cent or 1.04 points to close almost flat at 2,828.39.