Daily Debrief: What Happened Today
Stories you might have missed
OCBC to cut half of teller jobs in next 2 years in digital banking push; all affected staff to be retrained ALL OCBC bank tellers will be retrained over the next five years to be able to perform digital or advisory roles.
Singapore inflation rises to 0.6% in June, in line with expectations HEADLINE inflation growth came in higher in June, mainly on increasing food and services prices, according to the Department of Statistics on Monday.
Sutton Place off Farrer Road up for sale by tender with S$268m reserve price LOCATED 500 metres from Farrer Road MRT station, the five-storey development comprising 44 apartments sits on a site measuring about 93,185 square feet.
URA orders more detailed public survey on Airbnb-type home rentals after earlier mixed feedback THE survey, to be conducted by a research firm, will complement feedback obtained through the public consultation exercise and meetings with stakeholders, URA said.
Singtel, Ericsson unveil 5G pilot network trials for drones, self-driving cars in one-north district THE network will be launched by Q4 2018, Singtel group chief technology officer Mark Chong said at a technology demonstration for industry and media on Monday.
The STI today
Singapore shares close 0.1% lower on Monday SINGAPORE stocks ended lower on Monday, with the Straits Times Index retreating 4.12 points or 0.1 per cent to 3,293.71.
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International
Philippines’ Recto sees rate-cut delay risk if peso sinks to 59
Ecuador president declares state of emergency over energy crisis
US Senate has agreement on Fisa reauthorisation, will vote on Friday night, Schumer says
US expects to finalise new Aukus trade exemptions in next 120 days
IMF concerned about debt, fiscal challenges facing low-income countries
Bank of Japan’s Ueda says ‘very likely’ to hike rates if inflation keeps rising