Daily Debrief: What Happened Today
Stories you might have missed
Independent directors to face 9-year limit under revised Corporate Governance Code
Companies listed in Singapore will have to take a more serious look at director independence, if rule changes suggested by the Corporate Governance Council on Tuesday are implemented.
PM Lee, Najib witness signing of bilateral agreement for JB-Woodlands RTS link
Singapore and Malaysia celebrated another milestone in their longstanding bilateral relationship when the two countries inked an agreement for the new Rapid Transit System (RTS) Link.
Firms' payment performance rebounds in 2017: Singapore Commercial Credit Bureau
Payment performance of local firms improved from an all-time low in 2016, with the annual average proportion of prompt payments rising from 43.77 per cent to 48.40 per cent in 2017.
Digital transformation should be key focus in Budget 2018: KPMG
Budget 2018 should give companies more support to go digital, said KPMG. This could mean more flexible manpower policies, as well as enhancing tax deductions for digital skills training.
Singapore households' inflation expectations inch up to 2.97% in December: SMU survey
Inflation expectations in Singapore stayed tame as geopolitical uncertainties cooled the euphoria from global economic growth, a survey by the Singapore Management University (SMU) showed on Tuesday.
Singapore slips to 8th most expensive place in Asia for mid-market home rentals
Singapore continued to slide down the list of most expensive places in Asia for mid-market rentals, according to a survey by ECA International. The country is now ranked eighth, down one notch from the previous year. In 2016, Singapore was placed fourth.
Ascendas-Singbridge JV starts office tower construction in Ho Chi Minh City's first business park
Urban solutions provider Ascendas-Singbridge and its joint venture partner, Saigon Bund Capital Partners, on Tuesday announced that construction works for an office tower in Ho Chi Minh City's first fully integrated business park has begun.
The STI Today
Singapore shares close up 0.39% on Tuesday at a high of 3,550.21
Singapore shares continued their winning streak on Tuesday, with the benchmark Straits Times Index (STI) climbing 13.8 points, or 0.39 per cent, to 3,550.21.
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International
US economic growth slows more than expected in Q1
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons
BOE reports record usage of short-term liquidity repo
Philippines central bank not seeing rate hike despite peso weakness: finmin
Middle East tensions threaten global progress on inflation: World Bank
Heatstroke kills 30 in Thailand this year as South-east Asia bakes