Daily Debrief: What Happened Today

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Singapore evaluating timing, scope of next stage of reopening amid latest outbreak

THE multi-ministry task force tackling Covid-19 is reviewing the timing and scope of the second stage of the economy's reopening, in the light of the emergence of a major Covid-19 cluster in Bukit Merah and other new Covid-19 cases, Finance Minister Lawrence Wong said on Wednesday.

Singapore's population growth slowed to 1.1% per year in the last decade: Census

SINGAPORE'S population growth over the last decade slowed to 1.1 per cent per year, less than half of the 2.5 per cent annual rate in the decade before that, the latest Census of Population showed.

Air travel recovery to be slow despite bilateral arrangements, leeway for vaccinated travellers: Lawrence Wong

WHILE supply chains and trade have shown resilience during the Covid-19 pandemic, the outlook is gloomier for air travel, said Finance Minister Lawrence Wong at CNBC's Evolve Global Summit on Wednesday afternoon.

Millions of dollars in notes held by pioneer members of Peter Kwee's Laguna still unpaid

HUNDREDS of Laguna National's pioneer members who collectively took up tens of millions of dollars in debentures to help finance the construction of the golf club are at a loss as to whether they will get their money back.

MAS-backed entity launches sandbox to test central bank digital currency apps

THE Asean Financial Innovation Network or AFIN is launching a new digital currency sandbox so that banks and fintechs can experiment with central bank digital currency applications, or CBDCs, and drive global adoption.

UOB pilots digital bond issuance of S$600m perps at 2.55%

UOB has priced S$600 million of perpetual capital securities at a fixed coupon rate of 2.55 per cent per annum, the lowest for benchmark perpetual securities for banks in Singapore, said the bank in its announcement on Wednesday morning.

The STI today

STI falls 1.1% as Covid-19 case count threatens to impede next phase of reopening

SINGAPORE stocks ended in the red on Wednesday, as investors trod a cautious line amid news that the multi-ministry task force tackling Covid-19 is evaluating the timing and scope of the second stage of the economy's reopening.