Daily Debrief: What Happened Today (Dec 19)
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Consumer goods will face ‘largest impact’ from delays, higher costs as vessels avoid Red Sea
SHIPPING and logistics companies are warning of delays and higher charges for Asia-Europe freight, as major shipping lines reroute from the Suez Canal to avoid Yemeni rebel attacks in the Red Sea.
PwC hopes Budget 2024 will support businesses, sustainability and workers
PROFESSIONAL services firm PwC is calling for a refundable tax credit framework, a participation exemption for gains on the disposal of foreign assets, as well as sustainability and workforce related measures in its Budget 2024 wish list released on Tuesday (Dec 19).
Papua New Guinea is sole host country on Singapore’s carbon credit eligibility list
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THE Ministry of Sustainability and the Environment (MSE) and the National Environment Agency (NEA) published its eligibility list under the International Carbon Credit (ICC) Framework. It is set to take effect on Jan 1, 2024.
CapitaLand India Trust acquires pair of Chennai assets for 1.8 billion rupees
CAPITALAND India Trust (Clint) has acquired two industrial facilities in Mahindra World City, Chennai, for 1.8 billion rupees (S$28.7 million) – or below their total open market value of 1.9 billion rupees as at Nov 30, 2023.
Singapore stocks rise on rate cut expectations; STI up 0.1%
SINGAPORE stocks rose on Tuesday (Dec 19) amid expectations that financial conditions could loosen in 2024.
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