Daily Debrief: What Happened Today
Stories you might have missed
With 'unintelligible legalese', disclosure not enough in fair dealing: MAS chief
IT is transparency, not disclosure alone, that defines proper fair dealing from financial institutions, said Monetary Authority of Singapore's (MAS) managing director Ravi Menon on Monday, as the top regulator noted as well the "uneven" culture and conduct practices in the financial industry here.
PUB aims to boost industrial water recycling in Singapore
ACCORDING to PUB projections, water demand in the "non-domestic" or non-household sector is set to rise from 240 mgd today to 600 mgd by 2060, forming 70 per cent of total demand, up from 55 per cent today.
Singapore Academy of Law launches legaltech accelerator, GLIDE
THE programme is part of SAL's Future Law Innovation Programme (FLIP), its strategic initiative to help the legal sector innovate new ways of delivering legal services in the future economy.
Funan mall to reopen on June 28; secures 92% retail take-up, 98% for office towers
WITH a total gross floor area of 887,000 square feet, the Funan integrated development comprises a shopping mall, two office blocks and lyf Funan Singapore - the Singapore flagship of The Ascott Limited's lyf co-living serviced residence, which is slated to open in the fourth quarter of this year.
Singapore e-commerce logistics startup Parcel Perform expands to Europe
WITH the expansion, the company has a new European team in place, which will focus on working with Parcel Perform's existing customers in Europe, and grow its presence in the market.
Singapore CEOs still bullish on growth prospects, but less sanguine on revenue: KPMG poll
HOWEVER, their confidence in the global economy dropped to 64 per cent, from 77 per cent last year.
The STI today
Singapore shares add 0.2% on Monday SINGAPORE'S Straits Times Index (STI) closed at 3,123.46, up 5.70 points or 0.2 per cent.
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International
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations