Daily Debrief: What Happened Today
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Financing framework for Downtown Line to be reviewed: Ong Ye Kung
HE noted that the Downtown Line's operator SBS Transit still bears significant commercial risk under New Rail Financing Framework version one, even as the government owns and replaces operating assets.
Singapore to reopen borders safely using four-pronged approach
THEY include testing travellers, bubble-wrapping, reopening borders to travellers from places that have controlled the virus, as well as less onerous requirements for vaccinated inbound travellers that may even see the stay-home notice waived.
Singapore's healthcare spending is likely to continue rising; targeted support needed: Gan HEALTH Minister Gan Kim Yong added that the government continues to bear a significant and growing share of the national health expenditure, from 40 per cent in 2013 to 46 per cent in 2018.
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Pay increase of 3-14% for nurses and healthcare workers in public sector
NURSES and other healthcare workers in the public healthcare sector can look forward to a salary increase from July, in a bid to maintain salary competitiveness of healthcare staff against the overall market.
En bloc deals: Surrey Point sold for S$47.8m; Mt Emily Rd site fetches S$18m
ACTIVITY is picking up in Singapore's en bloc property market - two deals were announced this week, including the year's first collective sale.
Retail sales down 6.1% in January, but economists see domestic demand improving
THOUGH Singapore's retail sales declined further in January, economists see signs of improving domestic demand - though year-on-year figures in upcoming months should be viewed in the context of the low base effect from a year ago when the pandemic's effects were starting to be felt.
CALLED the Programme for Research in Epidemic Preparedness And Response (Prepare), it is meant to strengthen Singapore's ability to "prevent, prepare and respond" to such crises.
The STI today
Powell statement causes markets to tank, STI drop 0.03%
SINGAPORE shares closed down as the Straits Times Index dropped to 3,013.85 points, 0.03 per cent or 0.93 point lower.
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