Daily Debrief: What Happened Today (Nov 14)

    • This year marks the 40th anniversary of GIC’s presence in the US, with both having built a “strong, productive and mutually beneficial partnership”, says SM Lee.
    • This year marks the 40th anniversary of GIC’s presence in the US, with both having built a “strong, productive and mutually beneficial partnership”, says SM Lee. PHOTO: MINISTRY OF DIGITAL DEVELOPMENT AND INFORMATION
    Published Thu, Nov 14, 2024 · 06:30 PM

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    GIC believes in long-term potential of US, even as estimating returns becomes harder: SM Lee

    GIC’S mission is getting harder in a darker and more complex geopolitical climate, but the sovereign wealth fund still believes in the long-term potential of the US economy, Senior Minister Lee Hsien Loong said on Wednesday (Nov 13).


    Income Insurance and Allianz say their deal is still alive despite government veto

    INCOME Insurance and Allianz announced in a bourse filing on Thursday (Nov 14) that discussions for a deal are still ongoing after the Singapore government veto.


    Ads by telemedicine providers do not fall under Singapore Medical Council purview

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    THE Singapore Medical Council (SMC) has no jurisdiction over telemedicine providers, only individual registered medical practitioners, it clarified in relation to advertisements that might breach the Council’s guidelines.


    More Singaporeans invest, but worries persist over overspending, lack of retirement planning: OCBC survey

    MORE Singaporeans are investing and on track with their investment goals, with fixed-income assets such as Treasury bills (T-bills) playing a big role, a survey by OCBC found.


    More Singapore firms saw overseas sales growth in 2024: SBF survey

    MORE businesses ran up higher sales in their overseas markets in 2024, with nearly a third (32 per cent) of them reporting growth, up from 22 per cent in 2023.


    ‘Good results’ from ongoing push to strengthen Singapore’s accounting sector: Indranee

    EFFORTS to implement recommendations from a report aimed at boosting Singapore’s accountancy sector are yielding good results, Minister in the Prime Minister’s Office Indranee Rajah said on Thursday (Nov 14).


    Singapore stocks rise amid mixed regional showing; STI up 0.5%

    SINGAPORE stocks rose on Thursday (Nov 14) as Asian indices closed mixed and the US dollar continued to strengthen.

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