Daily Debrief: What Happened Today

Stories you might have missed

Salary floor for Employment Pass holders in finance to be raised to S$5,000

MINIMUM salaries for Employment Pass (EP) holders in the financial services sector will be raised to S$5,000 from December, said the Ministry of Manpower (MOM) on Thursday, setting the bar S$500 higher than the tightened criteria for other sectors in the economy.

Kajima invests S$100m in first overseas innovation centre in Singapore

KAJIMA Corporation's first overseas innovation centre at Changi Business Park will serve as its Asia-Pacific headquarters, as well as contribute new building technologies as well as research and development (R&D) capabilities to the construction sector.

NTUC and SNEF set up taskforce to protect older PMEs' employability

THE National Trades Union Congress (NTUC) is setting up a taskforce to better understand the needs of professionals, executives and managers (PMEs) as it steps up efforts to strengthen relevant safeguards.

KrisEnergy board passed up potential lifeline: source

ACCORDING to documents seen by The Business Times (BT), a privately held company called AlHassan International Holdings had in 2016 proposed to pay KrisEnergy US$230 million for its stakes in several oil fields.

DBS, Singtel partner Fave on digital payments, cashback

STARTING from August for DBS PayLah! and from early September for Singtel Dash, users can transact digitally by scanning SGQR codes at Fave-partnered merchants to receive instant cashback of up to 20 per cent, Fave said.

Wilmar, DBS ink agribusiness industry's first SORA loan

AGRI-FOOD giant Wilmar International has obtained a S$200 million corporate loan pegged to the Singapore Overnight Rate Average (SORA), from DBS.

The STI today

STI falls 0.88% despite overnight Wall Street rally THE Straits Times Index fell 0.88 per cent or 22.27 points to close at 2,519.81.