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Daily Debrief: What Happened Today
Investment commitments last year met or exceeded forecasts and will create 20,100 jobs when the projects are fully implemented, the Singapore Economic Development Board (EDB) said in a press release on Thursday.
Town councils in Singapore will get more funding from the Ministry of National Development (MND) to maintain and replace lifts, the ministry said in a press release Thursday afternoon.
Property developer City Developments Limited has exchanged contracts to buy the freehold Ransomes Wharf site in Battersea, London, from Curatus Trust, it said in a press release on Thursday afternoon.
The US Federal Reserve reiterated its intention to lift rates gradually as the labor market tightens, while noting rising confidence among US consumers and businesses
The Singapore Maritime Officers' Union (SMOU) will contribute S$1.2 million to help shipping companies defray the cost of providing training berths for Singaporean seafaring cadets taking part in the Tripartite Nautical Training Award and Tripartite Engineering Training Award Programmes (TNTA & TETA).
The STI Today
Penny stocks took centrestage on Thursday as a 60-point slide in the Dow futures on Thursday took the wind out of the sails of the local stock market, knocking back the Straits Times Index by 23.41 points at 3,044.08.