Daily Debrief: What Happened Today

Stories you might have missed

Singapore tourist arrivals climb, continue to surpass one million in April

SINGAPORE’S international visitor arrivals continued to exceed one million in April, for the second straight month this year and the second time since the pandemic began in 2020.

Analysts split on US debt talks’ impact on USD; ‘no deal’ could have unprecedented effects

AS US debt ceiling talks edge towards the so-called “X-date” of Jun 1, foreign exchange analysts expect that continued uncertainty without a deal could mean a strengthening of the US dollar and weakening of the Singapore dollar in the near term.

As costs rise, Apac firms turn to Vietnam, Philippines for talent: report

AS challenging economic conditions continue to trigger widespread layoffs and tighten business budgets, companies in the Asia-Pacific region are turning to skilled yet affordable talent in developing countries, such as Vietnam and the Philippines.

MAS, CSRC to explore ETF links for SGX and Shanghai Stock Exchange

THE Monetary Authority of Singapore (MAS) and China Securities Regulatory Commission (CSRC) are looking to explore exchange-traded fund (ETF) product links on both the Singapore Exchange (SGX) and Shanghai Stock Exchange.

DBS expects medium-term earnings to reach S$10 billion, ROE up to 17%

SINGAPORE’S largest lender has forecast a return on equity (ROE) of between 15 per cent and 17 per cent in the medium term, as well as earnings of more than S$10 billion within the same timeframe.

Consider waiving Buyer’s Stamp Duty for some young Singaporean couples buying their first

YOUNG local couples have been getting plenty of help on the housing front recently.

The STI today

Regional markets rise on hopes for US debt ceiling breakthrough; STI up 0.3%

THE benchmark Straits Times Index (STI) gained 0.3 per cent or 8.5 points to 3,211.09 points amid a regional rally on Monday (May 22).