Daily Debrief: What Happened Today

Published Thu, Mar 2, 2023 · 06:30 PM
    • Large construction, along with ICT, collectively make up more than 60 per cent of the value of government-procurement contracts awarded.
    • Large construction, along with ICT, collectively make up more than 60 per cent of the value of government-procurement contracts awarded. PHOTO: LIM YAO HUI, ST

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    Tender evaluations for government projects to include environmental criteria from 2024

    COMPANIES that can demonstrate the sustainability credentials of their goods and services may soon have a leg up when bidding for certain government tenders.


    Choose or lose your BTO spot: HDB tightens rules on flat selection

    THOSE who turn down their first chance to choose a flat in the HDB’s Built-To-Order (BTO) exercises will be bumped down the BTO queue, in a rule tightening designed to shorten the long lines for new public housing flats.


    Cut-off yield on latest 6-month Singapore Treasury bill rises to 3.98%

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    THE auction of Singapore’s latest six-month Treasury bill (T-bill) closed with a cut-off yield of 3.98 per cent on Thursday (Mar 2).


    Singapore raises minimum investment sums for ultra-rich seeking permanent resident status

    INDIVIDUALS seeking permanent-resident (PR) status via Singapore’s Global Investor Programme (GIP) must soon invest more: at least S$10 million in a business or S$25 million in an approved fund.


    Debate erupts over Japan-backed transition finance guidelines for S-E Asia

    A SINGAPORE-based social enterprise is criticising two sets of South-east Asian transition finance guidelines as adopting Japan’s “aggressive” stance on fossil fuel-based technologies that are unsuitable for this region.


    National Productivity Fund disbursed over S$1b for 47 projects in the last five years

    OVER the last five years, Singapore’s National Productivity Fund (NPF) has disbursed more than S$1 billion across 47 government projects related to productivity improvements and continuing education and training (CET), said Minister of State for Trade and Industry Low Yen Ling in Parliament on Thursday (Mar 2).


    The STI today

    Singapore shares extend decline on concerns of higher interest rates; STI down 0.6%

    SINGAPORE stocks extended their decline for the fourth day on Thursday (Mar 2), as traders raised expectations of a higher terminal interest rate.

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