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Daily Debrief: What Happened Today
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WITH the move, the Singapore company aims to accelerate growth by tapping into Brenntag’s global network to further expand its reach regionally and globally, as well as giving Tee Hai’s employees an opportunity to be part of a worldwide organisation.
TOTAL employment growth last year was the highest since 2014, with an increase of 38,300 people with jobs.
ABOUT S$440.3 million of the proceeds will be used to partially repay a loan facility taken for the A$770 million (S$737.6 million) acquisition of Ixom HoldCo, a water treatment chemicals distributor.
SINGAPORE and Malaysia agreed on Thursday to jointly suspend overlapping port claims in the waters off Tuas, saying this was vital to end a stand-off which has seen at least one collision in the waters since the dispute began in December.
IN the first legal dispute in Singapore involving the bitcoin cryptocurrency, the Singapore International Commercial Court (SICC) found that operator of virtual currency exchange platform Quoine had wrongfully reversed seven trades from electronic market maker B2C2 in April 2017.
The STI today
THE Straits Times Index (STI) closed a tad lower at 3,197.92, down 2.33 points or 0.07 per cent.