Daily Debrief: What Happened Today

Stories you might have missed

Companies may scramble to replace 462 independent directors by 2024 deadline: SID

WITH 20.9 per cent out of more than 2,200 independent directors serving on the boards of Singapore-listed companies for more than nine years, these companies may soon be scrambling to replace these 462 independent directors in their upcoming annual general meetings (AGM). This is to comply with a new nine-year tenure limit set by the Singapore Exchange Regulation (SGX RegCo).

Singapore’s visitor arrivals slip to 1.13 million in September, continuing downward trend

SINGAPORE’S international visitor arrivals slipped for the second straight month to 1.13 million in September, as seasonal travel demand continued to drag on growth.

Money laundering accused paid US$290,000 for Dominica, Cambodian passports

LIN Baoying, one of the accused in the S$2.8 billion money laundering case, had paid US$290,000 to agents to obtain her Cambodian and Dominica passports, the prosecution said in court on Wednesday (Oct 18).

Passenger car COE premiums continue to break records as open category nears S$160,000

PREMIUMS for certificates of entitlement (COEs) in passenger car categories all rose in October’s second round of bidding, with new records set and the open category nearing the S$160,000 mark.

Collaborate and innovate to take manufacturing forward: Heng Swee Keat

CROSS-BORDER collaboration and innovation are key for the global manufacturing sector, said Deputy Prime Minister Heng Swee Keat at the opening ceremony of Industrial Transformation Asia-Pacific (ITAP) 2023 on Wednesday (Oct 18).

Singapore shares fall at Wednesday’s close; STI down 1.1%

SINGAPORE shares finished Wednesday (Oct 18) lower, reversing gains from the day earlier.