Daily Debrief: What Happened Today (Oct 4)

    • Ong Beng Seng in court on Oct 4. The billionaire is known for being one of the individuals who brought the Formula 1 night race to Singapore in 2008.
    • Ong Beng Seng in court on Oct 4. The billionaire is known for being one of the individuals who brought the Formula 1 night race to Singapore in 2008. PHOTO: KELVIN CHNG, ST
    Published Fri, Oct 4, 2024 · 06:30 PM

    Stories you might have missed

    Property tycoon Ong Beng Seng handed two charges linked to dealings with Iswaran; David Lum will not be charged

    BILLIONAIRE and property tycoon Ong Beng Seng was on Friday (Oct 4) handed one charge of abetting the obstruction of justice, and one charge of abetting offences under Section 165 of the Penal Code, both in relation to dealings with former transport minister S Iswaran.


    Clearer real estate rules, flagging of inactive companies among anti-money laundering moves

    SINGAPORE will clarify due diligence requirements for real estate deals and flag companies that seem inactive, as part of moves to strengthen the Republic’s anti-money laundering (AML) regime.


    Optional early retirement schemes: Golden handshake or a nudge out the door?

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    RETRENCHMENT, outplacement or golden handshakes are not unfamiliar to the corporate world, but increasingly, early retirement is also being offered to employees who want to take an earlier break from their career.


    Singapore retail sales up 0.6% in August, driven by vehicle sales

    SINGAPORE’S retail sales grew 0.6 per cent on year in August, less than the 1 per cent growth recorded in July, based on Department of Statistics (Singstat) data released on Friday (Oct 4).


    Singles may apply for two-room flexi flats islandwide in October BTO exercise

    THE upcoming Housing and Development Board (HDB) Build-To-Order (BTO) exercise will allow eligible first-timers who are single to apply for new two-room flexi flats across all Standard, Plus and Prime projects islandwide.


    Singapore stocks end higher ahead of US jobs report; STI up 0.3%

    SINGAPORE shares closed Friday (Oct 4) in the black, ahead of the US jobs data for September.

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