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Singapore Wrap Friday
Singapore's Ministry of Transport on Friday expressed "surprise" by a recent statement by Malaysia's Land Public Transport Commission to have the high-speed rail terminate at Johor Bahru, instead of Jurong East.
The Singapore government could potentially review its property cooling measures towards the end of this year, said UOB in a research note on Friday.
Singapore will continue to invest in public research & development (R&D) in electronics, said Minister for Trade and Industry Lim Hng Kiang on Friday.
Fitch Ratings has assigned a 'AAA(EXP)' rating with Stable Outlook to DBS Bank's inaugural series of mortgage covered bonds to be issued from its programme, which complies with the requirements under the Monetary Authority of Singapore's Notice 648.
The Ministry of National Development (MND) will study whether it can provide more help for those who wish to buy a resale flat to live near their parents, said Minister for National Development Khaw Boon Wan on Friday.
The STI Today
Singapore shares stayed mostly flat on Friday, with the Straits Times Index inching up by 0.54 point to close at 3,300.96 as caution about Greece and a Chinese bubble weighed on the market.