Daily Debrief: What Happened Today
Stories you might have missed
Median household income from work in Singapore up 2.6% in real terms in 2016
The median household income from work among resident employed households in Singapore rose to S$8,846 in 2016 from S$8,666 in 2015, up 2.6 per cent in real terms, Singapore's Department of Statistics (DOS) said on Thursday.
Internationalisation key engine of growth for local firms: IE Singapore
Internationalisation has become the key engine of growth and transformation for Singapore companies, International Enterprise (IE) Singapore said on Thursday.
Joint development partner for KL-Singapore high speed rail project awarded
Malaysia's MyHSR Corporation Sdn Bhd and Singapore's Land Transport Authority (LTA) have awarded the joint development partner contract for the Kuala Lumpur-Singapore High Speed Rail project to the consortium comprising WSP Engineering Malaysia Sdn Bhd, Mott MacDonald Malaysia Sdn Bhd, and Ernst & Young Advisory Services Sdn Bhd.
DBS CEO signals bank may be past worst of energy-loan issues
DBS Group Holdings Ltd chief executive officer signalled that the bank may be past the worst of its problems from loans to troubled oil and gas-services companies.
ExxonMobil expands Singapore refinery to raise base oil output
Exxonmobil, which owns the largest refinery in Singapore, is expanding the facility to increase the production of base oil, which is used to manufacture lubricants.
Senior Counsel Hri Kumar Nair appointed as deputy Attorney-General
The Prime Minister's Office announced on Thursday the appointment of Senior Counsel Hri Kumar Nair as deputy Attorney-General.
Many Singapore firms still have not started looking at adopting new revenue standard: EY
With less than a year to the January 1, 2018 implementation deadline, many Singapore firms have not started adopting the new revenue standard, EY said on Thursday.
Corporate Earnings
The STI Today
Singapore shares finish higher, STI pushed up by gains in DBS, Thai Beverage
After gaining almost 10 per cent since the start of the year, it is perhaps natural to expect the Straits Times Index (STI) to undergo some sort of pullback or "consolidation".
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Economy & Policy
Singapore’s 2023 tourism receipts hit S$27.2 billion, may hit record S$29 billion in 2024
Higher starting pay, easier route for poly grads among moves to boost supply of local accountancy talent
Singapore’s new leaders must prepare to be tested on foreign policy: PM Lee
Singapore must find partners abroad, keep harmony at home: PM Lee
India’s 2023/24 fiscal deficit seen slightly better than projected: source
Daily Debrief: What Happened Today (May 10)