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Daily Debrief: What Happened Today
Some form of disclosure on rebates for bond sales by private banks is important, and a legitimate expectation, Monetary Authority of Singapore (MAS) managing director Ravi Menon said.
- Singapore stepping up misconduct probes, central bank chief says
- Singapore won't ease real estate curbs 'anytime soon,' MAS says
- "Early indications" that Zika could have small economic impact in Singapore: Menon
Singapore Prime Minister Lee Hsien Loong and Philippine President Rodrigo Duterte reaffirmed the "long and close" bilateral ties in their first such bilateral meeting since the latter took office in late June this year.
Singapore and Australia have taken another step to jointly support greater tax transparency and fight tax evasion.
Two homegrown companies said on Tuesday that they have raised venture capital to expand their services - coincidentally, both are in matchmaking.
China Environment, which manufactures air pollution control and treatment systems in China, said on Tuesday that the group's current assets are greater than its current liabilities after taking in an impairment charge of 356 million yuan (S$72.3 million).
An influx of tourists to Singapore this year has brought little joy to the city's hoteliers, as a glut of rooms sends a key revenue measure to a six-year low.
The STI Today
Share prices on the Singapore bourse closed higher on Tuesday with the key Straits Times Index up 44.81 points or 1.6 per cent at 2,896.55.