Daily Debrief: What Happened Today

Govt calls for public consultation on proposed Cybersecurity Bill

The Ministry of Communications and Information (MCI) and the Cyber Security Agency of Singapore (CSA) have called for public feedback on the proposed Cybersecurity Bill which is likely to be tabled in Parliament later this year.

Investors may find it hard to resist being 'complacent': Schroders

Early Monday, Singapore sovereign wealth fund GIC warned about stretched market valuations and investor complacency despite looming risks. It stressed that high valuations and low economic growth rates might weigh on future returns.

HR Industry Manpower Plan for future growth unveiled on Monday

The Human Resource (HR) Industry Manpower Plan to transform the HR sector was unveiled on Monday, with tripartite partners welcoming it as a "timely and essential development to support employees and employers in Singapore's next phase of growth".

Abu Dhabi's Goldilocks ups stake in Noble to 8.2%

Confirming market speculation, struggling commodity trader Noble Group said on Monday that Abu Dhabi's Goldilocks Investment Company has raised its stake in the firm.

All small claims to be filed online as new system kicks off

All claims filed at the Small Claims Tribunals will now be filed online, as the first phase of the State Courts' Community Justice and Tribunals System (CJTS) kicked off on Monday.

Singtel prices NetLink IPO at S$0.81 per unit, near low end of talk

Singapore Telecommunications (Singtel) has priced the initial public offering (IPO) of NetLink NBN Trust at 81 Singapore cents per unit, coming near the low end of its marketing range.

M&A among top 50 consumer goods giants fall to US$50b in 2016: report

Mergers and acquisitions (M&As) among the top 50 consumer goods giants have fallen sharply from US$226 billion in 2015 to US$50 billion in 2016, based on a report by OC&C Strategy Consultants.

Miyoshi swings into profit with Q3 net profit of S$408,000

Engineering group Miyoshi Limited posted a third-quarter net profit of S$408,000, a reversal from a net loss of S$366,000 in the previous year, the group said in a Singapore Exchange filing on Monday morning.

The STI Today

Singapore stocks finish higher in quiet trading

The Straits Times Index on Monday managed a 17.34 points rise to 3,246.35 in a quiet but firm session in which a low 1.9 billion units worth S$858 million were traded. The index's rise was in tandem with gains in the Dow futures and in Hong Kong, where the Hang Seng Index rose 0.6 per cent.