Daily Debrief: What Happened Today (Nov 29)

Stories you might have missed

Spinelli Coffee to shut all Singapore outlets

SPINELLI Coffee Company is shutting all six of its remaining outlets in Singapore, 27 years after it made its debut in the city-state, The Business Times (BT) has learnt.

October condo rents slide again; 2024 demand-supply gap could widen

THE condominium rental market booked its third consecutive month of declines in October, while prices for Housing and Development Board (HDB) rents fell for the first time since October 2021.

Financial claims up 91.6% to 2,188; scam-related claims jump: Fidrec

THE number of financial claims handled by the Financial Industry Disputes Resolution Centre (Fidrec) rose 91.6 per cent to 2,188 for the financial period from Jul 1, 2022, to Jun 30, 2023.

Rules relaxed to nudge poly grads into careers as chartered accountants

POLYTECHNIC graduates from non-accounting disciplines keen on becoming chartered accountants in Singapore will soon be able to enrol for the qualification programme, in a move designed to broaden the talent pipeline for the Republic’s accounting sector.

Vietnam parliament approves new minimum tax for multinationals

VIETNAM has approved a new global minimum tax for multinationals, which means these larger companies will be subject to a 15 per cent effective minimum tax rate from January 2024.

Singapore stocks track Wall St gains amid optimism over rate cuts; STI up 0.6%

SINGAPORE shares ended higher on Wednesday (Nov 29), tracking gains on Wall Street as equities got a boost from dovish comments by a Federal Reserve official.