Daily Debrief: What Happened Today

    Published Tue, Mar 8, 2022 · 10:30 AM

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    Decisive net-zero shift will establish Singapore's economic chops: Teo Chee Hean SINGAPORE now has more options that will let it reach a more ambitious target for net-zero carbon emissions, Senior Minister Teo Chee Hean told Parliament on Tuesday (Mar 8), after the goal was moved from the second half of the century to "by or around mid-century" last month.

    Firms to receive higher support for energy-efficient technologies under NEA's Energy Efficiency Fund FROM Apr 1, firms can get support for up to 70 per cent of qualifying costs of energy-efficient technologies such as lighting, air-conditioning, boilers and air compressors, up from the current cap of 50 per cent, under the National Environment Agency's (NEA) Energy Efficiency Fund (E2F).

    All HDB car parks to have 3 EV charging points by 2025; Cat A COE to include more EV models FROM 2025, all Housing Board car parks will have at least 3 charging points for electric vehicles (EV), while more EV models will qualify for Category A Certificates of Entitlement (COE) in a nationwide push to significantly reduce land transport emissions by mid-century, Transport Minister S Iswaran said on Tuesday (Mar 8).

    HDB offers to buy back flats from owners constrained by Ethnic Integration Policy, on case-by-case basis The Housing Board (HDB) will offer to buy back flats for eligible owners who face "genuine difficulties" selling their homes due to constraints from the Ethnic Integration Policy (EIP), on a case-by-case basis, Minister for National Development Desmond Lee said at the Committee of Supply Debate on Tuesday (Mar 8).

    Singapore's unemployment rates back to pre-pandemic levels in January SINGAPORE'S unemployment rates declined to pre-pandemic levels in January, according to the latest statistics released by the Ministry of Manpower on Tuesday (Mar 8).

    Proxy advisers give cautious nod for ALog Trust unitholders to accept merger offer PROXY advisory firms Institutional Shareholder Services (ISS) and Glass Lewis have recommended that unitholders of Ara Logos Logistics Trust (ALog Trust) vote in favour of the merger with ESR-Reit, based on the revised terms of the offer.

    Ron Sim's V3 reorganises structure ahead of Hong Kong IPO for OSIM business V3 GROUP on Tuesday (Mar 8) announced a new group structure ahead of the initial public offering (IPO) of V3 Brands Asia, the subsidiary which holds the OSIM business.

    The STI today

    Singapore stocks extend losses on Tuesday; STI down another 1.2%

    THE Straits Times Index fell 1.2 per cent for the second consecutive day, dropping 38.96 points to close at 3,148.86 points on Tuesday.

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