Daily Debrief: What Happened Today (Jul 31)

Stories you might have missed

Singapore’s employment growth up in Q2, despite seasonal dip in resident employment

SINGAPORE’S employment levels expanded more in the second quarter than in Q1, despite a slight seasonal decline in overall resident employment, advance data from the Ministry of Manpower (MOM) showed on Wednesday (Jul 31). Non-resident employment turned around from the previous quarter’s fall.

Singapore inks 30-year nuclear deal with the US to study advanced reactors

SINGAPORE has inked a 30-year civil nuclear cooperation deal with the US – a move that will give the city-state access to the superpower’s nuclear expertise and technical information that is under export control.

Singapore working with US to standardise AI risk frameworks

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SINGAPORE is working with the US to shape safety standards around artificial intelligence (AI) applications, so that the technology serves the public good, Minister for Digital Development and Information (MDDI) Josephine Teo said in a media interview on Wednesday (Jul 31).

Singapore Carbon Market Alliance launched by EDB, IETA to offer access to carbon credits

THE Singapore Economic Development Board (EDB) and IETA on Wednesday (Jul 31) launched the Singapore Carbon Market Alliance (SCMA). It is the first platform aimed at helping companies obtain access to high quality Article 6 carbon credits.

SMRT Trains’ full-year net profit down 82.4% to S$7.5 million

PUBLIC transport operator SMRT Trains posted an 82.4 per cent fall in net profit for FY2023/24 ended Mar 31 to S$7.5 million, from S$42.5 million in the previous financial year.

Singapore, Asia markets react to BOJ rate hike; STI rises 0.4%

SINGAPORE stocks rose on Wednesday (Jul 31), after the Bank of Japan (BOJ) lifted interest rates for the second time since 2007.