Daily report: what happened today, government and economy



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Mon, Sep 07, 2020 – 6:30 pm

Stories that you may have missed

Private sector economists slightly lower Singapore’s full-year growth forecast to -6%

PRIVATE SECTOR economists now expect Singapore’s gross domestic product growth to decline 6 percent this year, worsening slightly from previous expectations of a 5.8 percent drop, according to the Authority’s latest quarterly survey. Singapore Monetary (MAS) to professional forecasters released on Monday. .


The rate of rehiring of laid-off workers is reduced to 39% in the first half of 2020 from 2018: MOM

SOME two in five locals who lost their jobs earlier this year had found new roles by June 2020, according to data from the Ministry of Manpower (MOM) on Monday.


Mice events in Singapore can be resumed from October with an upper limit of 250 attendees

The move, unveiled by the Singapore Tourism Board (STB) on Monday, will allow Mice events of up to 250 attendees, up from the 50 limit under a framework that was launched in July for business event security.


Singapore issues retail guidelines for price comparisons, discounts and free offers

In a move to protect buyers from being misled, the Singapore Competition and Consumers Commission (CCCS) has issued guidelines for retailers and other providers of goods and services when granting discounts and free offers, as well as when making price comparisons. .


KrisEnergy receives the fourth extension of the debt moratorium

The firm seeks protection from its creditors, which include DBS Bank, Keppel Shipyard, Rubicon Vantage International and holders of the various notes that the company has issued, while attempting to restructure a debt amounting to US $ 476.8 million.


Healthcare startup HealthifyMe to launch corporate programs and expand user base

HealthifyMe, a Singapore-based healthcare startup, is looking to expand in the Republic and Malaysia, as well as other markets, amid changing needs and lifestyles influenced by the Covid-19 pandemic, it said in a statement Monday. .


SGInnovate to Create More Jobs, Internships in the Deep Tech Industry

OVER 200 apprenticeships and full-time positions at more than 30 deep technology companies and startups will be offered in a virtual exhibition on September 12.


ITS today

Singapore shares close unchanged Monday

IT was fairly quiet on the Singapore Stock Exchange, as was the case in many other Asian markets on Monday, with the Straits Times key index ending on a flat note at 2,511.21, an increase of 1.57 points or 0.06. percent.



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