Daily Debrief: What Happened Today

Published Wed, Dec 7, 2022 · 06:30 PM
    • The ministry notes that among a group of 67,700 unemployed residents in October, 60,800 are citizens.
    • The ministry notes that among a group of 67,700 unemployed residents in October, 60,800 are citizens. PHOTO: BT FILE

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    Singapore unemployment rates hold steady at pre-Covid levels in October

    SINGAPORE’S unemployment dipped across the board in October, remaining at around pre-Covid levels, according to the Ministry of Manpower’s (MOM) report on Wednesday (Dec 7).


    HDB gives BTO cost breakdown; says pricing not linked to development cost

    THE pricing of new public housing flats is “separate and independent” of development costs and does not provide for a profit margin as a private residential project would, the Housing and Development Board said on Wednesday (Dec 7).


    MAS bans former UOB, OCBC bank staff who cheated seven people of almost S$2m

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    A FORMER representative of UOB and OCBC has been banned by Singapore’s central bank after he was convicted for offences involving fraud and dishonesty.


    World Bank-backed global carbon credit registry to go live by Q1 2023

    A WORLD Bank-backed carbon credit data sharing platform will go live by March next year in hopes of harmonising data from a highly fragmented market.


    Recruitment platform Glints lays off 18% of staff

    GLINTS, a Singapore-based startup focused on career development and talent recruitment, has retrenched 18 per cent of its team, sources said.


    The STI today

    Singapore stocks fall on Wednesday, tracking Asia decline; STI down 0.8%

    SINGAPORE shares lost ground on Wednesday (Dec 7), mirroring a broader decline in Asian markets and overnight losses on Wall Street.

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