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Daily Debrief: What Happened Today
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THE government is watching closely how the economy will pan out by the end of the year, and stands ready to take action when needed, said Deputy Prime Minister Heng Swee Keat on Friday.
IF completed, this could count as one of the largest acquisitions by a Singapore real estate investment trust (S-Reit) this year.
POTENTIAL white knight Utico said it supports a further extension of Hyflux's debt moratorium – as long as the troubled water treatment firm can confirm there will be no "value leakage", and that an extension will not be prejudicial against Hyflux's creditors and perpetual and preference (PNP) shareholders.
THE study, conducted by strategy consulting firm Innosight, involved the screening of all companies in the S&P 500 and Global 2000 using three lenses: new growth, repositioning the core and financials.
TWO in five Singaporeans (18 per cent) are concerned about how technology will affect their jobs, with over half (54 per cent) thinking it is likely their roles will be made obsolete or significantly changed by automation over the next 10 years
The STI today