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Law will be amended soon to plug gap in criminal breach of trust law, says Shanmugam
THE Government will amend the law soon to ensure that legislation provides for higher penalties for directors and other senior officers who commit criminal breach of trust (CBT), said Minister for Home Affairs K Shanmugam, in the wake of a court ruling which resulted in lower sentences in the high-profile City Harvest Church case.

Sembcorp Marine adds S$2b in three weeks on orders outlook
SEMBCORP Marine has gained almost S$2 billion in just three weeks - making its parent Singapore's best-performing stock in the past month - as investors and analysts became more optimistic on the prospect of a potential surge in new orders amid rising oil prices.

Linde to invest S$30m in Singapore digital technologies hub
GERMAN gas and engineering company Linde Group has launched a S$30 million initiative to develop digital technologies for its plants across the region.

ST Aerospace secures contracts from Lufthansa Cargo, Air Canada
ST Aerospace, an arm of ST Engineering, has secured two contracts from Lufthansa Cargo and Air Canada.

Market voices on:

Singapore Airshow 2018: Iata flags concerns about infrastructure constraints in Asia, pre-funding of Changi's Terminal 5
INFRASTRUCTURE remains the biggest bottleneck in this part of the world amid growing passenger traffic, said the head of an airline association, but warned against pre-funding of infrastructure projects.

One-north to be designated as Singapore's first drone estate
EXPECT to see more drones flying around one-north, a research and development hub in Buona Vista which will be designated as Singapore's first drone estate.

Singapore jobseekers' top gripes: Slow feedback, poor communication
SINGAPORE employers are potentially alienating job candidates with their slow feedback and poor communication during the recruitment process, new research from recruitment consultancy Robert Half shows.

The STI today

Singapore shares end sharply lower on rising bond yields 
SINGAPORE shares ended sharply lower on Monday, in a knee-jerk reaction to Wall Street's worst slump in two years on Friday.


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