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Daily Debrief: What Happened Today
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THE overall index eased from +7.19 percentage points in Q1 2019, to +5.08 percentage points in Q2 2019. On a year-on-year basis, the index moderated further from +8.50 percentage points in Q2 2018.
THE tripartite consensus is a "significant milestone", said Manpower Minister Josephine Teo on Tuesday (March 5), sharing an update given to her by the Tripartite Workgroup on Older Workers, which has been looking at this issue and others since May last year.
DBS Group Holdings, South-east Asia's biggest bank, aims to bolster loans to Indian consumers and small businesses as part of a plan to reduce its reliance on Singapore.
Besides concern over price competition in Singapore and Australia, the ratings revision on Tuesday also came on the back of the expectation that Singtel will partially or fully subscribe to its portion of a multibillion-dollar rights issue at debt-hit Indian associate Bharti Airtel.
SALES-related expenses from its franchise segment, higher accruals for commissions and convention expenses drove Best World International's trade and other payables to more than double in 2018.
The STI today
THE Straits Times Index slipped 17.01 points or 0.5 per cent to close at 3,234.07.