Daily Debrief: What Happened Today (Dec 30)

    • The sale of its Australia business is not expected to be affected by the termination of its three former key management executives, says SingPost.
    • The sale of its Australia business is not expected to be affected by the termination of its three former key management executives, says SingPost. PHOTO: BT FILE
    Published Mon, Dec 30, 2024 · 06:30 PM

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    No internal controls are fully fraud-proof, SingPost tells Sias

    SINGAPORE Post said its board’s objective throughout recent investigations into the handling of whistleblowing reports has been to “act in the best interests of the company and its shareholders by upholding a high level of governance”.


    Government ramps up supply of industrial sites in H1 2025 amid still-rising rents

    THE Ministry of Trade and Industry (MTI) is launching a total of 14.07 hectares (ha) of industrial land across 10 sites through the Industrial Government Land Sales (IGLS) programme for the first half of 2025.


    Singapore hotels’ average room rate edges up in November, but overall takings dip

    SINGAPORE hotels’ average room rate (ARR) grew slightly to S$273.11 in November, up 0.5 per cent from October’s S$271.71, Singapore Tourism Board (STB) data showed on Monday (Dec 30). It was also up 1.2 per cent year on year (yoy).


    Household electricity, gas tariffs to fall in Q1 on lower energy costs

    HOUSEHOLD electricity and gas bills are set to continue falling in the first quarter of 2025, following a decline in tariffs announced by state energy suppliers on Monday (Dec 30).


    Growing difficulty in owning a private landed home does not imply a lower standard of living

    IS LIFE getting harder for young professionals here? With costly car ownership, many people give up on owning a car.


    Singapore stocks buck regional decline to close higher; STI up 0.6%

    SINGAPORE stocks ended higher amid thin trading on Monday (Dec 30), despite declines across the region.

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