Daily Debrief: What Happened Today (Nov 28)

Published Thu, Nov 28, 2024 · 06:30 PM
    • Various stakeholders have expressed broad support for its proposed changes, says MAS.
    • Various stakeholders have expressed broad support for its proposed changes, says MAS. PHOTO: BT FILE

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    Single leverage limit, additional disclosures imposed on all S-Reits: MAS

    ALL Singapore-listed real estate investment trusts, or S-Reits, will be subject to a minimum interest coverage ratio of at least 1.5 times, and an aggregate leverage limit of 50 per cent with immediate effect, in a move to standardise leverage limits across the sector.


    Singapore’s real incomes rebound in 2024 as inflation eases, but real wage growth for last 5 years still low

    REAL incomes in Singapore made a rebound in 2024 as inflation eased, recovering from the previous year’s decline, the Ministry of Manpower’s annual Labour Force in Singapore Advance Release report showed on Thursday (Nov 28).


    Under 40% of Singapore’s top 100 companies link pay with sustainability goals: KPMG survey

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    ONLY 38 per cent of Singapore’s largest 100 companies have tied the remuneration of their executives to the achievement of sustainability goals, a survey by KPMG has found.


    Singapore’s old-age support ratio halves in 10 years, but foreign workforce provides buffer: MOM

    SINGAPORE’S ratio of working-age residents to elderly residents has nearly halved in the last decade, meaning a higher tax burden on workers – but foreign workforce growth has helped to relieve the pressure, a Ministry of Manpower report showed on Thursday.


    Singapore, Thailand to further collaboration in green economy, food security, digital economy: PM Wong

    SINGAPORE and Thailand can build on its close and longstanding relationship to expand cooperation in areas including the green economy, food security and people-to-people ties, said Prime Minister Lawrence Wong during his first official trip to Thailand since taking office in May.


    Singapore stocks rise on optimism over rebound in real incomes and easing inflation; STI up 0.8%

    SINGAPORE stocks ended higher on Thursday after the Republic reported a rebound in real incomes for 2024, according to preliminary estimates, as inflation eased.

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