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Daily Debrief: What Happened Today
Land transport sector to get S$25m fund to drive innovation; grow 8,000 new jobs by 2030
THE Land Transport Authority (LTA) will set aside S$25 million over five years to kick-start mobility-related research and trials for the land transport industry - a sector which will create 8,000 new jobs by 2030.
Singapore's 2017 tourism receipts, visitor arrivals hit new highs for second straight year
PRELIMINARY estimates from the Singapore Tourism Board (STB) on Monday showed tourism receipts climbed 3.9 per cent to S$26.8 billion, spurred by growth in visitor arrivals across all top 10 markets - China, Indonesia, India, Malaysia, Australia, Japan, the Philippines, South Korea, United States and Vietnam.
Singapore retail sales up 4.6% in December
SURGING car sales as well as a brisk trade in mobile devices helped the retail sector end 2017 on a robust note.
Surbana Jurong inks memorandum of cooperation to develop New Clark City in the Philippines
SURBANA Jurong has inked a memorandum of cooperation with Bases Conversion and Development Authority (BCDA) and Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development (JOIN) to develop New Clark City in the Philippines.
Singapore seen leading race to tax US$38b shopping boom
SINGAPORE may unveil an e-commerce tax in next week's budget, setting the tone for a region that's grappling with online retail's assault on brick-and-mortar vendors.
SingPass, CorpPass systems to undergo another round of maintenance on Feb 13 from midnight to 4am
BOTH authentication systems had previously undergone a comprehensive system review and "urgent preventive maintenance" from 10pm on Sunday to 8am the next day.
URA seeking public feedback on changes to commercial property sales rules
THE Urban Redevelopment Authority (URA) is seeking public feedback on the key proposed changes to the Sale of Commercial Properties Act (SCPA) and Sale of Commercial Properties Rules (SCPR).
- SBS Transit profit grows 50% to $47m
- Vallianz posts 26.2% rise in Q3 earnings on improved operating profits
- Hatten Land's Q2 profit down 49.4% on higher expenses
- Progen warns of second straight full-year loss for 2017
The STI today
Singapore shares close up 0.23% on Monday
THE benchmark Straits Times Index closed up by 7.74 points, or 0.23 per cent, to 3,384.98.