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Daily Debrief: What Happened Today
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SINGAPORE has formed a 20-member council comprising well-known individuals with deep management and board expertise across various sectors to press for more women in boardrooms here.
IT has called for measures to help companies in five key sectors - financial services, real estate, healthcare and life sciences, consumer retail and technology - that have substantial upsides for Singapore to realise its Smart Nation vision.
LAST year, 72 per cent of employees worked in companies that offer at least one such arrangement, such as part-time work, flexible hours or tele-working, up from 70 per cent in 2017.
THE 99-year leasehold development, which was built in the 1970s sits on 52,471 square feet (sq ft) of land and the maximum permissible gross floor area can be redeveloped to 283,803 sq ft, referenced against the 5.30 gross plot ratio of neighbouring City Gate and subject to regulatory approval.
THIS translates to a land rate of S$1,468 per sq ft per plot ratio (psf ppr) at a 1.4 gross plot ratio, said the property's sole marketing agent JLL.
The STI today
SINGAPORE stocks closed higher on Wednesday, with the Straits Times Index up 0.52 per cent or 16.81 points to 3,229.11.