Daily Debrief: What happened today
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City centre to be refreshed, commercial nodes built up across Singapore in long term: URA THE government will continue to develop polycentres across the island and refresh the city centre in the long term to create more jobs closer to homes and to ensure the Republic’s competitiveness.
Lawrence Wong to be promoted to Deputy PM from June 13 FINANCE Minister Lawrence Wong has been promoted to Deputy Prime Minister with effect from June 13, and will act on behalf of Prime Minister Lee Hsien Loong when the latter is not available, the Prime Minister’s Office (PMO) announced in a statement on Monday afternoon (Jun 6).
Paya Lebar Air Base to be redeveloped into new generation live-work-play space: URA WITH the relocation of Paya Lebar Air Base (PLAB) from the 2030s onwards, which frees up 800 hectares of land, the space and its surrounding areas are set to be redeveloped into a new and green live-work-play town, the Urban Redevelopment Authority (URA) announced at the launch of its Long-Term Plan Review (LTPR) Exhibition on Monday (Jun 6).
SP Group to launch South-east Asia’s largest EV charging hub at Surbana Jurong Campus URBAN, infrastructure and managed services consultancy company Surbana Jurong has entered into an agreement with SP Group to install electric vehicle (EV) charging points at its new global headquarters, the Surbana Jurong Campus.
Temasek commits S$5b of capital to new investment company focusing on decarbonisation IN LINE with its focus on sustainability investing in the last few years, state investment company Temasek has launched a separate investment company dedicated to decarbonisation solutions, and committed an initial amount of S$5 billion as its startup capital.
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Singapore’s unemployment rates remain low in April: MOM SINGAPORE’S unemployment rates continued to stay low in April, according to the Ministry of Manpower (MOM) on Monday (Jun 6).
The STI today
Singapore stocks close lower on Monday amid mixed trading in region; STI down 0.2% SINGAPORE stocks closed lower on Monday (Jun 6), amid mixed trading in the region, as investors considered factors including higher oil prices and easing of Covid-19 restrictions in China.
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