Daily Debrief: What Happened Today
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Singapore resets safe-distancing rules; safe-management measures distilled into 5 parameters
SAFE-DISTANCING rules will no longer be required in mask-on settings in Singapore, as the authorities seek to rationalise Covid-19 restrictions that they say have become "unwieldy" over time.
- Singapore to streamline Covid-19 recovery, testing protocols to 'adapt to Omicron'
- VTL (Land) quota restored, measures for entry via Causeway streamlined
- Singapore simplifies Covid-19 border measures; new VTLs with Hong Kong, Philippines, among others
OCBC rolls out 'kill switch' so customers can immediately freeze accounts in scams
OCBC on Wednesday (Feb 16) introduced a "kill switch" which allows its customers to immediately freeze all their current and savings accounts during an emergency.
Sylvan Group puts US$140.5m in 4 local healthcare and pharmaceutical companies
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THE Sylvan Group has invested US$140.5 million in 4 Singapore healthcare and pharmaceutical companies in the first 4 deals for its maiden fund, Sylvan Growth Asia Growth Fund I.
SoftBank leads US$294m fundraise for Singapore lender Funding Societies
FUNDING Societies has raised US$144 million in an oversubscribed Series C+ equity round led by SoftBank Vision Fund 2 and loaned US$150 million from institutional lenders across Europe, the US and Asia, securing a total funding of US$294 million.
Full-time employment rates, pay for fresh grads better than pre-Covid levels: survey
STUDENTS who graduated from 4 of Singapore's local universities in 2021 secured full-time jobs and salaries at rates better than pre-Covid-19 levels.
Singapore condo, HDB rents continue to rise in January; volumes recover: SRX, 99.co
RENTS for Singapore condominiums and Housing Board (HDB) flats continued to rise in January 2022, while volumes saw some recovery, according to flash figures released by SRX Property and 99.co on Wednesday (Feb 16).
Kimly's former chairman, executive director plead guilty to disclosure gaps
KIMLY's former executive chairman Lim Hee Liat and former executive director Chia Cher Khiang were fined S$150,000 and S$100,000 respectively by the State Courts on Wednesday (Feb 16).
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The STI today
Singapore stocks climb on Wednesday as Asia markets rebound; STI up 0.5%
SINGAPORE stocks rose on Wednesday (Feb 16) amid a broader rebound in Asian markets as investors' fears over a possible conflict in Ukraine subsided.
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