Daily Debrief: What Happened Today
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Assets of APAC family offices rise, thanks to strong public, private market gains: study
DESPITE challenges arising from the Covid-19 pandemic, wealth levels of the richest families in the Asia-Pacific rose, with 29 per cent reporting a significant increase.
Most Asean economies to see accelerated GDP growth, above-average earnings gains: Goldman
THE US investment bank has upgraded Indonesia and Singapore to overweight, and Thailand to market weight.
New Law Society president to help lawyers feel inspired again, prevent exodus of talent
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WELL-KNOWN litigator and novelist, Adrian Tan, has been elected the new president of the Law Society of Singapore (Lawsoc), which represents lawyers and maintains standards of the profession here.
Asean factory reopening raises prospects for Singapore exports growth into 2022
SHIPMENTS to mainland China - Singapore's biggest single market - were up by 35.6 per cent while other major Asian destinations included South Korea (56.6 per cent), Taiwan (32.7 per cent) and Malaysia (29.4 per cent).
Government to look at entire tax system when reviewing need for wealth tax: Lawrence Wong
HE noted that Singapore has already introduced some versions of a wealth tax, raising the examples of property and motor vehicle taxes, where those who own bigger and more expensive properties and cars have to pay more in taxes.
IT is also piloting UBS Circle One, an app being developed out of Singapore that will connect investors to ideas on a global ecosystem.
The STI today
STI closes lower despite strong domestic exports data
THE Straits Times Index (STI) dipped 0.19 per cent or 6.12 points to 3,232.68.
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