Daily Debrief: What Happened Today
Stories you might have missed
Extra rental waivers for SMEs with at least 35% fall in revenue
LANDLORDS unable to provide the additional waivers can seek an assessment, with qualifying landlords only needing to provide half the mandated waiver.
Acra says it is inspecting KPMG's audit of Hyflux
THE accounting watchdog is inspecting the audit work done by KPMG for Hyflux, as part of a larger probe into the water-treatment firm's compliance with accounting and auditing standards between 2011 and 2018.
GSM Building at Middle Road launched for en bloc sale
THE upgrading premium is about S$18.6 million, on top of the asking price in the region of S$98 million, Mount Everest Properties said.
Over 5,400 home renovation projects in Singapore approved to resume work
BCA said all new applications to resume residential renovation works will be approved within two days, if the submission is in order.
BreadTalk to delist from SGX on June 5
BREADTALK Group on Wednesday said the company will be delisted from the Singapore Exchange on June 5, 9am, following the completion of its compulsory acquisition.
MinLaw, IPOS seek public feedback on proposed licensing scheme for CMOs
THE proposed licensing scheme addresses a range of issues raised in the Copyright Review Report in 2019 and Copyright Collective Rights Management Ecosystem Public Consultation 2017.
Corporate earnings
The STI today
STI rises for third straight day on hopes of economic recovery
THE benchmark Straits Times Index (STI) recorded its third climb in a row, ending at 2,700.39, up 88.76 points or 3.4 per cent.
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International
Putin plans to meet Xi in China days after his new term starts
Biden vetoes bid to repeal US labour board rule on contract, franchise workers
Economic leaders of South Korea, Japan, China say FX volatility is a risk
US automakers win extension on use of Chinese graphite in EV tax credits
US service sector contracts in April; price pressures up
Thaksin’s daughter calls central bank independence an ‘obstacle’