Daily Debrief: What Happened Today

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MAS enforcement leads to S$20.8 million in penalties, 39 convictions from 2022 to mid 2023

ENFORCEMENT actions taken by the Monetary Authority of Singapore since January 2022 till June this year led to a total of S$20.8 million in penalties collected, 39 criminal convictions, and 18 prohibition orders issued, among other things.

Singapore to ‘fine-tune’ carbon emission management for F1, Mice events

SINGAPORE will “continue to fine-tune” its plans to manage carbon emissions for the Formula 1 (F1) Grand Prix and the meetings, incentives, conferences, and exhibitions (Mice) industry in the coming years, said Second Minister for Trade and Industry Tan See Leng in Parliament on Tuesday (Sep 19).

Fare hike could lift ComfortDelGro’s FY2024 profit by S$11 million: DBS

THE upcoming public transport fare hike could raise ComfortDelGro’s FY2024 bottom line by boosting contributions from its bus and train businesses, according to DBS Group Research.

Global task force finalises framework for nature-related disclosures

A GLOBAL task force has finalised a framework for nature-related financial disclosures after strengthening requirements on ecologically sensitive locations, value chains and engagement with local stakeholders.

Singapore shares fall 0.7% as cautious investors await Fed’s next move

SINGAPORE shares fell in tandem with most regional indices, with investors cautiously waiting on the upcoming Federal Reserve meeting that is taking place over the next two days. Fed officials are widely expected to hold interest rates at their current level.