Daily Debrief: What Happened Today
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Use digital innovations to boost trade, enhance financial inclusion, PM Lee tells G20 leaders
[NUSA DUA, BALI] IN MANY countries, the Covid-19 pandemic has accelerated digitalisation, which is a driver of future growth and of the achievement of the world’s sustainable development goals, said Singapore’s Prime Minister Lee Hsien Loong on Wednesday (Nov 16).
OCBC offers fixed deposit placements for CPF ordinary account savings at 3.4% a year
COMPETITION for cash has gone beyond the savings in customers’ bank accounts, with OCBC now asking Central Provident Fund (CPF) members to convert their ordinary account (OA) savings into fixed deposits at the bank paying 3.4 per cent per annum.
Apec leaders in Bangkok to discuss ways to accelerate recovery of global economy
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AS WORLD leaders descend on Bangkok for a third multilateral summit that begins on Friday (Nov 18), expectations of furthering regional cooperation on trade and investment in a big way remain fairly low given the divisive global geopolitical climate.
‘So much worse this time’: FTX wreck a bitter pill for long-time crypto investors
IN 2015, then 24-year-old Josh learned of the Ethereum blockchain project, liked its value proposition, and decided to invest in the cryptocurrency.
Keppel Infrastructure to enter joint venture with Swiss energy firm
KEPPEL Infrastructure, the infrastructure unit of Keppel Corporation, is investing about 30 million euros (S$42.6 million) to take a 49.9 per cent stake in a new joint venture (JV) with Swiss-based energy company Met Group.
NTUC calls for more support for platform workers if CPF is introduced
THE National Trades Union Congress (NTUC) is calling for greater support for riders and drivers in the on-demand economy, if Singapore implements Central Provident Fund (CPF) contributions for this group of gig workers.
The STI today
Singapore stocks fall amid mixed regional showing; STI down 0.3%
SINGAPORE shares struggled for direction on Wednesday (Nov 16), with the Straits Times Index (STI) closing 0.3 per cent or 9.11 points lower at 3,266.17 amid mixed regional performance.
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