Daily Debrief: What Happened Today (Jul 21)

Stories you might have missed

MAS appoints first 3 asset managers to inject initial S$1.1 billion into Singapore equities

MORE than 100 global, regional and local asset managers have indicated their interest in the programme.

MAS to beef up civil recourse, legal action for investors amid shift to disclosure-based regime

IT WILL consult on proposals later this year to strengthen investor protection through the enhancement of avenues to seek civil recourse.

SIA, Singtel and more: Singapore’s top AI adopters could drive 3% GDP growth, says Morgan Stanley

THE city-state is one of the highest-ranking artificial intelligence markets relative to its size.

Independent financial advisers gain ground as demand for holistic service grows

IFAs account for 40.7% of the industry’s new business growth in 2024, outpacing tied agents, at 33.3%.

With more marrying later, it makes sense to let younger singles buy BTO flats

CONSIDER lowering the age limit from 35 to 28 and limiting singles to smaller resale flats, to better meet housing aspirations while keeping larger HDB resale flats for families.