Daily Debrief: What happened today

Published Mon, Aug 29, 2022 · 06:30 PM

Pass for top talent, 5-year EP for talent-scarce tech roles among Singapore’s new foreign talent moves

A NEW pass for top foreign talent across all sectors and a longer 5-year Employment Pass (EP) option for specific tech occupation are among several upcoming moves to strengthen Singapore’s position as a global hub for talent, said Manpower Minister Tan See Leng said on Monday (Aug 29).


Minimum S$30,000 monthly salary for applicants of new One Pass

WITH the competition for global talent heating up, Singapore will soon introduce a new pass for top talent to better attract such high achieving individuals to its shores.


MBS, Las Vegas Sands commits US$1m for bond-free hospitality scholarships

MARINA Bay Sands (MBS) and its parent company Las Vegas Sands have jointly pledged US$1 million to a new bond-free scholarship programme that is set to benefit more than 100 Singaporean students pursuing hospitality or tourism-related courses.

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BlackRock bolsters sustainable investing team; names South-east Asia wealth head

ASSET manager BlackRock has made several appointments to boost its South-east Asia wealth business while shuffling the leadership for BlackRock Sustainable Investing (BSI), its sustainable investment strategies platform.


Singtel’s cash flows, leverage to improve after Airtel stake sale: Moody’s  

THE agreement between Singapore Telecommunications (Singtel) and Bharti Telecom (BTL) for the sale of 3.3 per cent of its direct stake in Bharti Airtel will benefit Singtel’s cash flow and leverage, according to Moody’s Investor’s Service. 


Corporate earnings


The STI today

STI falls 0.8% after Powell warns of more rate hikes

SINGAPORE shares finished lower on Monday (Aug 29) amid broad losses across most major Asian markets, as trading sentiments were battered by US central bank chief’s remarks that more rate hikes are to be expected given stubborn inflation.

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