Daily Debrief: What Happened Today (Jul 30)
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INCOME insurance must maintain “strong and continuous capital resilience” if it is to thrive in today’s competitive environment. But this is a challenge that a social enterprise model alone cannot shoulder, said NTUC Enterprise Co-operative in a statement.
Court hearing opens on Envy’s S$850 million claim against 3 individuals over nickel Ponzi scheme
THE nickel trades that were part of a purported Ponzi scheme allegedly perpetrated by Ng Yu Zhi attracted about S$1.5 billion in funds from investors that included financiers and lawyers. About S$854 million is still owed to them.
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ESCALATING geopolitical tensions have bolstered manufacturing activity and exports in Asean, strengthening the case for enhancing port and airport infrastructure and connectivity in the region, said Minister for Transport Chee Hong Tat on Tuesday (Jul 30).
Older HDB flats achieve record sales in H1; price growth outpaces younger flats
RESALE flats, which are at least 40 years old, achieved a record 3,042 transactions in the first half of the year, surpassing the previous first-half record of 2,412 units in the year-ago period, data from the Housing and Development Board (HDB) showed.
STI slips 0.1% as investors hold their breath for Fed meeting
SINGAPORE stocks closed slightly lower on Tuesday, as investors wait in anticipation of the start of the Federal Reserve’s two-day meeting.
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