Daily report: what happened today, government and economy



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Thursday, October 1, 2020 – 6:30 pm

Stories that you may have missed

Singtel Group CEO Chua Sock Koong will retire; Yuen Kuan Moon will take over

SINGAPORE Telecommunications Group CEO Chua Sock Koong is retiring after 31 years with the company.


9,000 opportunities in professional services offered in the last six months: MOM

MORE than 1,500 companies have offered around 9,000 opportunities in the professional services sector, Human Resources Minister Josephine Teo said Thursday.


Singapore private home prices rose 0.8% in Q3 from Q3 – preliminary URA estimate

The Urban Redevelopment Authority’s preliminary estimate for the third quarter of this year showed that Singapore’s overall private home price index rose 0.8 percent over the previous three months.


Singapore records modest monthly growth in visitor numbers and hotel room revenue in August

SINGAPORE’s tourism sector saw a modest month-over-month improvement in the number of international visitors in August, as arrivals from China nearly doubled.


Singapore Tourism Board Considers Restart of ‘Cruises to Nowhere’, New Safety Guidelines

Work is underway on a NEW cruise certification against global health, safety and hygiene standards as “cruise to nowhere” trips from Singapore will resume.


Pinnacle @ Duxton five-bedroom condo sets resale record at S $ 1.26 million

A NEW resale record was set for The Pinnacle @ Duxton HDB at S $ 1.26 million for a five-bedroom condo sold in September 2020.


Singapore linked to Wirecard scandal receives five more charges

A SINGAPORE man now faces a total of 11 charges in connection with the scandal-hit German payments firm Wirecard after five additional charges were filed.


Persistent questions when Wirecard terminates payment services in Singapore

FOR many, the writing was on the wall. The Monetary Authority of Singapore on Wednesday ordered Wirecard to cease its payment services and for all related entities to return funds from all clients by October 14.


ITS today

STI advances 1.4% in the publication of positive data

The Straits Times index rose 34.12 points, or 1.38 percent, to 2,500.74 on Thursday, driven by the release of optimistic data, such as a modest improvement in the number of international visitors for August in Singapore, and the numbers of China’s Official Purchasing Index that beat consensus expectations in September.



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