Daily Debrief: What Happened Today (Jan 8)

Published Mon, Jan 8, 2024 · 06:30 PM
    • Fidrec says the rising number of claims exceeding S$100,000 reflects a higher quantum of losses suffered by retail consumers.
    • Fidrec says the rising number of claims exceeding S$100,000 reflects a higher quantum of losses suffered by retail consumers. PHOTO: LIM YAOHUI, ST

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    Fidrec seeks feedback from public on changes to terms of reference

    THE Financial Industry Disputes Resolution Centre (Fidrec) is seeking feedback on proposed amendments to its terms of reference, including raising the adjudicating award limit per claim to S$150,000 from the current S$100,000.


    KPMG, SBF call for Budget 2024 to enhance Singapore’s tax competitiveness, promote ESG

    BUDGET 2024 is a chance for Singapore to reinforce its status as a hub for business, wealth management, and sustainability-linked investments, said the Singapore Business Federation (SBF) and professional services firm KPMG, at the release of joint recommendations on Monday (Jan 8).


    HDB resale prices end 2023 at all-time high despite market slowdown: SRX, 99.co

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    RESALE prices for Housing and Development Board (HDB) flats concluded 2023 at an all-time high as they rose 5.8 per cent in December 2023 from December 2022 levels, based on flash data from SRX and 99.co released on Monday (Jan 8).


    Hong Seh to offer in Singapore electric vehicles from Chinese brands LEVC, ShineRay Motors

    MORE electric vehicles (EVs) from China are entering Singapore, with Hong Seh Evolution debuting two electric light goods vehicles at the Singapore Motorshow 2024 in January.


    STI closes flat, up 0.1% on inflation watch

    THE Singapore stock market’s key index vacillated between being under and above water for much of trading on Monday (Jan 8). In the end, it finished flat ahead of the week’s key inflation data out of China, Japan and the US.

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