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Darco chairman resigns following whistle blower's report of modified accounts

Wang Yaoyu, executive chairman of Darco Water Technologies has stepped down from his position, following a whistle blower’s report that audited statements of its China-based subsidiary has been mod

Property

Wong Fong Industries receives OTP to acquire property at Joo Koon Road

Wong Fong Industries’ wholly-owned subsidiary, Wong Fong Engineering, has been granted an option to purchase (OTP) by Lian Hoe Hardware on June 24.

SGX RegCo expands range of enforcement powers - THE EDGE SINGAPORE

Markets

SGX RegCo expands range of enforcement powers

Singapore Exchange Regulation (SGX RegCo) is expanding its range of enforcement powers and requiring issuers to have a whistleblowing policy.

Singapore to accelerate vaccine schedule, reveals Novavax prepurchase agreement - THE EDGE SINGAPORE

Covid-19

Singapore to accelerate vaccine schedule, reveals Novavax prepurchase agreement

Singapore’s multi ministry task force (MTF) has announced the acceleration of the country’s Covid-19 vaccination programme, with daily dosage to nearly double from May.

Singapore expects to reduce Covid-19 measures as country approaches 50% full vaccination: MTF - THE EDGE SINGAPORE

Covid-19

Singapore expects to reduce Covid-19 measures as country approaches 50% full vaccination: MTF

As Singapore approaches fully vaccinating 50% of its population, it may begin to reduce some safe management measures, which includes allowing bigger dining groups.

Broker's Calls

Economists raise Singapore 2021 CPI forecast after May headline inflation beats estimates

Economists and analysts generally view that Singapore’s headline inflation will continue gaining in the coming months before moderating, following May inflation data released by the Singa

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