Daily Debrief: What Happened Today

Stories you might have missed

Singapore to push for voluntary adoption of progressive wage model in more sectors: Josephine Teo

SINGAPORE is looking to recognise companies that voluntarily adopt the progressive wage model (PWM) in sectors where it is not currently compulsory, such as food services and retail trade, Manpower Minister Josephine Teo said.

Strengthening Singapore's place in the financial world: Ong Ye Kung IT is not about growth at all costs, or accepting "trade-offs" for the sake of growth, but about whether as a people Singapore can strengthen its place in the financial world, develop the expertise and seize the opportunities to make Singaporean lives better, said Ong Ye Kung, who is a board member of the Monetary Authority of Singapore (MAS) on Tuesday.

Singapore's aerospace sector gets training support from the government

THE scheme to upgrade workers' skills during the Covid-19 pandemic, the Enhanced Training Support Package (ETSP), has been rolled out to the aerospace sector, offering more than 13,000 highly-subsidised training places.

Singapore arrivals more than triple month-on-month to 6,840 visitors in July

SINGAPORE'S international arrivals more than tripled in July from the month before, driven by a month-on-month surge in visitors from South-east Asia and the Greater China region.

GIC, co-investors buy Reliance's India telecom towers for US$3.4b

SINGAPORE sovereign wealth fund GIC's affiliates, Canada's Brookfield Infrastructure Partners and other institutional co-investors have bought the entire stake in a telecommunications tower company in India.

Four Axington directors including chairman Evangeline Shen resign

MS Shen, 32, also known as Evangeline Shen, quit after one and a half months in the role, due to "strategic changes expected to be made in the business direction of the company", the Catalist-listed firm said in a regulatory filing.

SGX Index Edge to launch bitcoin and ethereum indices with CryptoCompare THE new indices - iEdge Bitcoin Index and iEdge Ethereum Index - mark SGX Index Edge's entry into the digital currency asset class.

EHT's sponsor Urban Commons partners US real estate investor to grow portfolio

URBAN Commons (UC), the sponsor of beleaguered Eagle Hospitality Trust (EHT), has announced a strategic partnership with Texas-based real estate investor Encore Enterprises to grow its platform and hotel portfolio.

The STI today

Singapore shares lacklustre save some medical-related ones THE Straits Times Index (STI) opened at 2,521.81. It eventually closed off its intraday high of 2,544.00, at 2,538.55, up 6.04 points, or 0.24 per cent, from Monday's close.