Daily Debrief: What Happened Today

Published Thu, Jul 6, 2023 · 06:30 PM
    • The Sustainability Reporting Advisory Committee has recommended that non-listed companies with an annual revenue of at least S$1 billion make mandatory climate-related disclosures from FY2027.
    • The Sustainability Reporting Advisory Committee has recommended that non-listed companies with an annual revenue of at least S$1 billion make mandatory climate-related disclosures from FY2027. PHOTO: BT FILE

    Stories you might have missed

    Mandatory climate disclosures proposed for large non-listcos starting FY2027, and all listcos from FY2025

    SINGAPORE could become the first country in Asia to roll out mandatory climate-related disclosures on non-listed companies, as its business regulators mull imposing such a requirement on large entities from their financial years starting on or after Jan 1, 2027.


    HDB resale volume down 17.8%, prices up 0.6% in June: SRX, 99.co

    HOUSING and Development Board (HDB) resale prices continued to inch up in June by 0.6 per cent compared with the previous month, while transaction volume dived 17.8 per cent.


    Government has the right to terminate funding for SPH Media if wrongdoings are found: Josephine Teo

    DECODING ASIA

    Navigate Asia in
    a new global order

    Get the insights delivered to your inbox.

    THE government will step in, and has the right to terminate funding for SPH Media Trust (SMT) if misconduct or mismanagement of public funding and serious wrongdoings are found in the future.


    Malaysia maintains 3% key rate as expected, amid easing inflation and growth

    MALAYSIA’S central bank maintained the overnight policy rate (OPR) at 3 per cent on Thursday (July 6), with inflation easing and the country’s economic growth moderating in recent months.


    NTUC Enterprise dreams of becoming platform company, 50 years after FairPrice was founded: new book

    NTUC Enterprise, which started out as a trade union cooperative, has hopes of becoming a platform company by tapping data from its cooperatives such as supermarket chain FairPrice, reveals a new book commemorating FairPrice Group’s 50th anniversary.


    Latest T-bill offers 3.99% cut-off yield

    SINGAPORE’S latest six-month Treasury bills, also known as T-bills, offered a cut-off yield of 3.99 per cent – up from last month’s 3.89 per cent.


    The STI today

    Singapore stocks extend losses as geopolitics, growth worries weigh; STI down 1.1%

    THE Straits Times Index (STI) fell 1.1 per cent or 34.95 points to 3,150.43 on Thursday (Jul 6) as investor sentiment weakened amid geopolitical concerns and interest rate expectations.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Copyright SPH Media. All rights reserved.