Daily Debrief: What Happened Today (Apr 30)

Stories you might have missed

Singapore’s employment growth eases in Q1, as tighter foreign worker quotas kick in for construction firms

SINGAPORE’S employment levels expanded in the first quarter, but at a moderated pace from before, early data from the Ministry of Manpower showed on Tuesday (Apr 30).

US-Singapore FTA marks 20 years: a bridge ‘at the right place, right time’

SINGAPORE and the US on Monday (Apr 29) commemorated 20 years since their free trade agreement (FTA) came into force, a milestone that also marks a tripling in bilateral trade over the last two decades.

IMF cautions Asian central banks against excessive reliance on Fed’s rate trajectory

ASIAN central banks should prioritise domestic price stability and avoid basing policy decisions too heavily on expected interest rate changes by the US Federal Reserve, the International Monetary Fund (IMF) said on Tuesday

Temasek-backed PsiQuantum to build first commercial quantum computer

THE Temasek-backed quantum computing startup said on Tuesday that it has secured US$620 million worth of funding from the Australian and Queensland governments, with a target to build a commercial quantum computer by 2077.

URA prepares massive site in Sengkang to house new residential estate 

SEVERAL large parcels of land have been earmarked for residential use in Fernvale North, a housing estate set to take shape in Sengkang.

Singapore stocks rise, tracking regional bourses; STI up 0.3%

SINGAPORE stocks closed higher on Tuesday, tracking a broader gain across regional markets. The Straits Times Index (STI) climbed 0.3 per cent or 10.64 points to close at 3,292.69.