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Daily Debrief: What Happened Today
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THE insurance company has abolished the statutory retirement age of 62, paving the way for its 1,100 employees to have extended careers and decide when they want to retire, if at all.
IT has already attracted interest from parties keen to incorporate it into their projects, estimated to be worth S$500 million or more, the Ministry of Law said in a media release on Tuesday.
SECURITY firm Certis on Tuesday launched a revamped business approach and new logo, following a three-year journey to transform from its role as a physical guarding services provider into an advanced integrated security services partner.
FIGURES from the Department of Statistics showed on Tuesday that headline inflation came in at 0.7 per cent y-o-y in September, the same pace of increase as in August, as lower retail inflation was offset by higher services inflation and a smaller decline in accommodation costs.
THE S$84 million laboratory and its 100 researchers and staff will focus on digital manufacturing technologies, specifically in areas of advancing 3D printing, artificial intelligence, machine learning, new materials and applications, cybersecurity and customisation.
BEAM, founded by the former Asian chief for Chinese bike-sharing giant Ofo Inc, has raised US$6.4 million from investors including Sequoia India to deploy its electric scooters around the island nation.
The STI today
SINGAPORE stocks tumbled on Tuesday, with the Straits Times Index falling 46.67 points or 1.52 per cent to 3,031.39.