Daily Debrief: What Happened Today
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Cleaners in Singapore to enjoy higher wages from 2023 under latest PWM review
UNDER the new wage adjustments, workers in the cleaning sector would enjoy increments of between 5 and 20 per cent, with more significant increases in the first year of implementation before gradating to smaller increments subsequently.
Temasek-linked directors of One Championship resign
TWO Temasek-linked directors of One Championship, Derek Lau and Fock Wai Hoong, recently resigned from the board of the Mixed Martial Arts (MMA) outfit, according to regulatory filings of its business entity Group One Holdings.
Singapore's growth to stabilise in H2, full-year growth may beat official forecast: OCBC
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OCBC head of treasury research and strategy Selena Ling expects full-year growth to still come in at 6 per cent year-on-year or slightly higher, above the government's official forecast of 4-6 per cent.
DBS gets licence for its majority-owned securities JV in China; operations to start
WITH business operations officially commencing on Monday, DBS Securities (China) will operate brokerage, securities investment consulting, securities underwriting and sponsorships, as well as proprietary trading.
UOB vs Lippo on inflated mortgages - excessive furniture rebates or poor internal controls?
SINGAPORE'S High Court is expected to deliver its verdict on this long-running legal tussle between UOB and developer Lippo Marina Collection (LMC) this month.
It's time to mind the gap in Singapore's rich-poor digital divide: report
ONLY 42 per cent of Singapore's lowest-income households (below the 10th percentile) have their needs met by online government services, despite having the lowest expectations.
The STI today
Concerns over US inflation ease, lifting Singapore shares; STI up 0.79% to 3,175.81
THE Straits Times Index (STI) rose 0.79 per cent or 24.77 points to 3,175.81 points, after below-expectations US non-farm payroll data eased inflation fears and lifted US stock markets last Friday.
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