Daily Debrief: What Happened Today

Stories you might have missed

Government ICT spending to increase to S$3.8b in FY2021

SMALL and medium-sized enterprises (SMEs) in Singapore will be able to participate in 83 per cent of the potential opportunities.

Singapore consumer prices post 2.4% rise in May, a seven-year high

DOMESTICALLY, the ongoing Phase 3 (Heightened Alert) situation "could have an overall dampening effect on the pick-up in underlying inflation", the MAS and MTI said in a joint statement.

SPDR Gold Shares to start trading in Singapore dollars on June 30

THE fund, which is backed by physical gold and tracks the price of the yellow metal was the most traded ETF on the Singapore Exchange in 2020, with a trading volume of S$1.63 billion.

DBS completes Singapore's first USD SOFR-linked export financing transaction

THE transaction, worth US$25 million, was priced off SOFR averages and represents a significant milestone as the industry transitions away from the Ibor (Interbank Offered Rate).

Private exchange HGX graduates from MAS FinTech Regulatory Sandbox, attains RMO licence

WITH the RMO licence, HGX can now support the issuance and trading of both digital and non-digital capital market products.

The STI today

Singapore stocks rise on Wednesday in line with region; STI up 0.3%

THE benchmark Straits Times Index (STI) rose 0.3 per cent or 9.42 points for the day to close at 3,118.62.