Daily Debrief: What Happened Today (Dec 5)

    • All banks in Singapore will still stop issuing new corporate cheque books by Dec 31, 2025, but the deadline to cease the processing of corporate cheques will be extended by an additional year to Dec 31, 2026.
    • All banks in Singapore will still stop issuing new corporate cheque books by Dec 31, 2025, but the deadline to cease the processing of corporate cheques will be extended by an additional year to Dec 31, 2026. PHOTO: UNSPLASH
    Published Thu, Dec 5, 2024 · 06:30 PM

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    MAS extends deadline to cease corporate cheques to end-2026

    THE Monetary Authority of Singapore (MAS) will extend the deadline to cease the processing of corporate cheques to the end of 2026.


    Singapore retail sales up 2.2% in October with mixed performance across industries

    SINGAPORE’S retail sales grew 2.2 per cent on year in October, picking up from the 1.9 per cent growth recorded in the month before, based on Department of Statistics (Singstat) data released on Thursday (Dec 5).


    Latest Singapore six-month T-bill cut-off yield slips to 3%

    THE cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) fell to 3 per cent, auction results released by the Monetary Authority of Singapore on Thursday (Dec 5) showed.


    Fortunes of Apac billionaires outstripped global wealth growth last decade: report 

    ASIA-Pacific’s (Apac) ultra wealthy had the fastest growing fortunes among billionaires across the globe over the last decade, a UBS report found on Thursday (Dec 5). 


    STI rises 0.6% as banking shares make strong gains amid mixed Asia markets

    SINGAPORE stocks were close to a record high on Thursday (Dec 5) morning, but eased by the close.

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