Daily Debrief: What Happened Today
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MAS seeks views on classification of complex products, including perps
OTHER investment products highlighted include collective investment schemes (CIS), debentures and preference shares, according to the consultation paper issued on Wednesday (Nov 3).
More independent directors, but board sizes shrinking in Singapore: SID report
THE report highlights some of the emerging trends on listed boards following revisions to the 2018 Code of Corporate Governance and codification of certain requirements in the listing rules.
Inflation 'a clear and present issue', but Singapore ready to tweak policies
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WHILE the government has recognised that higher inflation may cause concern, the Republic is still on track for a projected economic recovery and has a "multi-pronged approach" to tackle inflation.
More businesses were set up than shut down in last 2 years, despite Covid-19
AN average of more than 5,000 new firms were registered each month over the last two years and this exceeded the average number of firms that were deregistered each month.
MAS mulls over need to tighten controls on illicit financial flows following Pandora Papers
SINGAPORE'S financial regulator is engaging financial institutions to assess if it is necessary to tighten controls on the illicit movement of money even though the Pandora papers have not raised "significant concerns" on the Republic's controls.
Singapore defence investments arm backs decade-old university project
THE startup now has its eye on further expansion after scoring a 7-digit seed funding round led by Cap Vista, the strategic investment arm of Singapore's Defence Science and Technology Agency.
Corporate earnings
- UOB Q3 profit up 57%; watching digital asset space but 'not 100% convinced' about cryptocurrencies
- OCBC's Q3 profit up 19%, debt holidays rise in Malaysia
- SingPost H1 profit rises 13.3% to S$35m on growth in domestic businesses
- CapitaLand Investment books 33% growth in fees related earnings in Q3, establishes 2 new funds
The STI today
Singapore shares falter despite Wall Street gains
THE benchmark Straits Times Index ended 0.39 per cent or 12.68 points lower at 3,219.69.
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