Daily Debrief: What Happened Today
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LIM Huey Ching, 54, director of collapsed giant oil trader Hin Leong Trading (HLT), was charged in the State Courts with one count of obstructing the course of justice.
Singapore banks restore dividends as allowances fall, see improved outlook
THE move should signal that the Singapore banks see an improved economic outlook ahead.
EDB chief Chng Kai Fong steps down, to be succeeded by Jacqueline Poh on Oct 4, 2021
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MR Chng will also be stepping down from the boards of EDB and the Agency for Science, Technology and Research on the same day he relinquishes his EDB post while Ms Poh will take over his positions on both boards.
Enterprise Singapore aims to catalyse over S$150m of investments in deep tech
THE investments will go into sectors including advanced manufacturing and engineering, health and biomedical sciences, and urban solutions and sustainability.
Governance and transparency scores up most among companies that lagged in 2020
THE companies that placed below the 450th position in last year's study saw the greatest improvement in their scores this year, with a mean score improvement of 1.8 points.
Siglap Shopping Centre relaunched for collective sale; price unchanged at S$120m
LOCAL real estate consultancy OrangeTee Advisory on Wednesday announced it is relaunching Siglap Shopping Centre for collective sale in view of recent trends of aggressive bidding for government land sites.
Corporate earnings
- UOB positive on Asean despite pandemic; Q2 net profit up 43%
- OCBC betting on China's wealth market as Q2 net profit rises 59%
The STI today
STI tracks Wall Street gains, rises 1.07%
A jump of 33.65 points or 1.07 per cent lifted the Republic's blue-chip benchmark to 3,182.90 points.
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