Daily Debrief: What Happened Today (Oct 6)
Stories you might have missed
Eight government officers were referred to the police after a review of property purchases near sites later announced as MRT stations, according to Chan Chun Sing, the Coordinating Minister for Public Service and Minister in charge of the Public Service who spoke in Parliament on Tuesday, October 6th.
Retrenched PMETs who return to the workforce often experience a median wage reduction of around 25%, as financial services professionals re-entering the job market have faced difficulties in securing employment and lower salaries on average.
JPMorgan Chase reported that the third installment of Singapore's Equity Market Development Programme (EQDP), amounting to S$1.45 billion, could help small and mid-cap stocks (SMIDs) gain ground and catch up with larger corporations.
Singapore data centre operator DayOne Data Centers filed for a Nasdaq initial public offering (IPO) in the United States, with an estimated valuation of US$20 billion.
Singapore's payment delays rose for the third consecutive quarter in the third quarter of 2026, particularly in the construction, manufacturing, and retail sectors.
Nearly seventy percent of high-net-worth families in Asia are expected to transfer their wealth to the next generation, but only around fifty percent believe the younger generation is ready to manage family offices.
Written by urgent.news from The Business Times - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
