Daily Debrief: What Happened Today

Stories you might have missed

Heng Swee Keat no longer Singapore's next PM; to relinquish Finance portfolio at Cabinet reshuffle

MR Heng cited his age and health as reasons for his decision to step aside as the current leader of the fourth-generation (4G) of ministers.

S$370m in excess JSS payouts mistakenly made to 5,400 businesses in Oct

SUCH errors also resulted in S$1.2 million in excess foreign worker levy waivers and rebates being granted to 360 businesses in June and July.

UOB sells US$1.5b in sustainability bonds in a Singapore first

THE US dollar-denominated issuance is the first sustainability bond offering from Singapore and the first dual tranche senior and Tier 2 instrument in sustainability format globally from a bank issuer.

Singtel unit prices S$1b subordinated perps at 3.3%

NET proceeds from the issue will be applied by Singtel Group Treasury to fund its ordinary course of business.

Over 50% of APAC companies likely to issue social bonds in the next year: survey

THE companies surveyed said employee health and well-being (35 per cent) will take precedence over emissions reduction (29 per cent) in the next year.

2,500 on-site participants expected for major trade show at Marina Bay Sands

SINGAPORE'S largest trade show since the start of the Covid-19 pandemic will welcome 2,500 on-site participants and some 5,000 online visitors, paving the way for larger business events to take place.

The STI today

Singapore shares down for third straight session; STI loses 0.29%

THE benchmark Straits Times Index (STI) slipped 0.29 per cent or 9.36 points to 3,186.40.

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