Daily Debrief: What Happened Today

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Many gig workers support compulsory CPF; platforms 'no worse off' with any increased costs: Koh Poh Koon A SIZEABLE number of ride-hailing and food delivery workers support mandatory contributions to the Central Provident Fund (CPF) in consultations thus far, Senior Minister of State for Manpower Koh Poh Koon said in Parliament on Tuesday (Apr 5).

BNPL purchase schemes will come under Singapore industry code of conduct to protect consumer interests THE "buy now, pay later" (BNPL) trend does not pose a significant risk as yet to consumer debt levels in Singapore, but a code of conduct for the industry will be launched in the second half of this year, the House was told on Tuesday (Apr 5).

Over 990 locals, 140 companies to benefit from Capability Transfer Programme: Tan See Leng MORE than 140 companies and over 990 local employees across at least 20 sectors have benefited or are expected to benefit from the Capability Transfer Programme (CTP) since its introduction in October 2017, said Manpower Minister Tan See Leng in Parliament on Tuesday (Apr 5).

Singapore retail sales down 3.4% ending 5-month growth streak SINGAPORE'S retail sales fell 3.4 per cent year on year in February, reversing from last month's 12 per cent increase and snapping a 5-month growth streak.

Industrial building at Leng Kee area on sale for S$19 million AN industrial building located at the Leng Kee car showroom belt is for sale for S$19 million via an expression of interest exercise, said its marketing agent JLL on Tuesday (Apr 5).

The STI today

STI up 0.8%, outperforms regional indices

THE Singapore market saw some gains on Tuesday (Apr 5) as US equities surged overnight following Elon Musk's Twitter stake announcement that sent the counter's shares 27.1 per cent higher while Tesla rallied by over 5 per cent.