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Daily Debrief: What Happened Today
Construction of Changi Airport's Terminal 4 has been completed and the terminal is expected to open in the second half of 2017. By then, it will be the first terminal to boast a slew of initiatives aimed at enhancing passenger experience and operational efficiency.
Singapore's non-oil domestic exports recovered to post a 11.5 per cent year-on-year jump in November after a 12 per cent plunge in the previous month, according to the latest trade data released by International Enterprise Singapore.
The Infocomm Media Development Authority (IMDA), the statutory board that regulates the infocomm and media sectors, will be led from Jan 1, 2017 by Tan Kiat How, the incoming chief executive officer (CEO).
Singapore's Ministry of National Development unveiled on Friday five confirmed list sites and ten reserve list sites under the first half 2017 (1H2017) Government Land Sales (GLS) Programme.
UBS Group AG is cutting nearly two dozen jobs in its Asian investment banking business, mainly in Hong Kong and Singapore, as part of a push to slash costs, people with direct knowledge of the matter said.
The chief executive officer and executive director of interior design contractor Serrano Ltd has been declared bankrupt by the court.
The STI Today
The US Federal Open Markets Committee (FOMC) meeting this week was meant to be a non-event as markets had for several weeks been expecting an interest rate hike. As it turned out, the Fed lived up to expectations with a 25 basis points rate hike but simultaneously indicated that there could be three more hikes next year instead of the two that markets had forecast.