Singapore
Gov’t to inject $2.4b raised from first sovereign green bond to rail network expansion
The government has already allocated 30% of the funds raised.
Gov’t to inject $2.4b raised from first sovereign green bond to rail network expansion
The government has already allocated 30% of the funds raised.
Almost half of Singaporeans say they ‘sometimes’ experience food insecurity
Singaporeans cite six reasons for their food insecurity.
EC World REIT releases $2.1m from reserve to repay onshore interest
The REIT has fully repaired its onshore interest expenses due 20 September.
EC World REIT extends trading suspension to resolve ‘uncertainties’
The company said its liabilities have exceeded its assets by $133.2m.
Sevens Atelier vows to cooperate on MAS, CAD probe
The company is under investigation for violation of Securities and Futures Act 2001.
More assets seized from foreigners allegedly linked to money laundering scheme
The total amount of seized assets increased to $2.4b.
NTUC urges gov’t, employers to provide new training support for employees
Amongst the support which employers can provide is a training allowance, said NTUC.
MAS unveils list of too-big-to-fail insurers, imposes higher capital requirements
The four initial insurers are to face a 25% capital add-on, boosting higher and lower supervisory intervention levels, CET1 and Tier 1.
Daily Markets Briefing: STI down 1.21%; Yangzijiang Shipbuilding is top stock
Yangzijiang Shipbuilding closed trading at 4.19% up.
Around 9 in 10 IT leaders aim integrate AI in business functions
AI is used in digital infrastructure management and sales, amongst others.
5 in 10 employers mull hiring temporary workers
Companies in the energy and utilities sector are most likely to do so.
H&M makes fashion statement with sustainable facade at revamped Orchard store
The company used ‘i-Mesh’ fabric as the store’s facade, marking a first in Southeast Asia.
MOE to implement more AI tools for detailed education
Beginning in December, two learning feedback assistants will be implemented into the SLS.
NTUC urges employers, government to provide more caregiving support to workers
Around 52% of the respondents had to take time off from work for caregiving.
Lendlease calls on industry players to address value chain carbon emissions
Value chain emissions account for 90% of Lendlease’s emissions.
LTA and NEA impose two-year extension for EV incentives
The electric vehicle (EV) early adoption incentive (EEAI) scheme was extended.
COE prices for Category A vehicles now at $105,000
The quota for Category A cars went up by $4,000.
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