Daily Debrief: What Happened Today

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Singapore's economy must adapt with greater integration, new connections: Heng

SINGAPORE must adapt its economy to the post-Covid world by taking a more integrated approach to transformation; developing human potential, starting even at pregnancy; getting better at spotting opportunities; and finding new ways to be a global node, said Deputy Prime Minister and Finance Minister Heng Swee Keat in Parliament on Monday.

Singapore remains open, but firms should focus on Singaporean core: Tan See Leng

WHILE Singapore remains open to global talent and investment, companies operating here should put more effort into strengthening their Singaporean core, new political office-holder Tan See Leng said in his first speech in Parliament on Monday, giving an overview of efforts to help both workers and businesses.

High Court grants OCBC's application to place KS Energy, key unit under IJMs

IT was heavily contested by the beleaguered KS Energy but in the end, OCBC won, with the Singapore High Court on Monday granting the lender's application to place the oil services firm and a key operating subsidiary under interim judicial management.

SGX, GF Securities to promote connectivity between Singapore, China capital markets

THE Singapore Exchange (SGX) has signed a memorandum of understanding with Chinese securities brokerage house GF Securities Corporation to promote greater connectivity between Singapore and China's capital markets, SGX said on Monday.

Pressure on capital adds caution over Singapore banks' ratings: Fitch

SINGAPORE banks' capital ratios should be sustained at around 14 per cent over the next few years, or they risk triggering a rating downgrade, warned Fitch Ratings.

Axington requests voluntary trading suspension pending announcement

CATALIST-LISTED Axington Inc on Monday requested a voluntary suspension of the trading of its shares pending an announcement on "strategic changes to be made in the business direction of the company".

SGX gives nod for CMT to list up to 2.78b new units, CCT to delist

SGX on Friday granted in-principle approval to CapitaLand Mall Trust (CMT) for the listing of up to 2.78 billion new units as part consideration for its merger by way of a trust scheme with CapitaLand Commercial Trust, CMT's manager said in a bourse filing on Monday.