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Singapore Wrap Wednesday

Today's notable stories

Office workers during lunch time at Raffles Place on June 16, 2014.

MOM unveils scheme to help progressive SMEs grow amid a manpower-lean economy

The Ministry of Manpower (MOM) on Wednesday announced a scheme to help progressive small and medium enterprises (SMEs) transform and grow in the new manpower-lean landscape.

Over 70 BTO projects in next 5 years to come with 2-room Flexi flats

Unveiling details of the new 2-room Flexi scheme on Wednesday, the Housing & Development Board said it will be launching more than 70 build-to-order projects with 2-room Flexi flats in the next five years.

Market voices on:

COE premiums end mixed

It was a mixed performance for Certificate of Entitlement (COE) premiums at the close of the latest round of bidding on Wednesday, with COEs for small cars, big cars and the open category rising.

Singapore's Jurong Aromatics said in debt talks after oil plunge

Jurong Aromatics Corp, operator of one of the world's largest petrochemical plants, can't service its interest payments and is negotiating a debt restructuring with bankers amid a plunge in oil prices, people familiar said.

Singapore General Election

The STI Today

Singapore: Shares close 0.3% down

Local shares slipped a further 0.3 per cent on Wednesday as a continued sell-off in commodities deepened fears of a slowdown in China's economy.