Horizon Vision

The Singapore Food Agency (SFA) ordered a recall for "Wing Sang Wholesale" American Fig. The product was found to contain undeclared sulphur dioxide, violating food labeling rules. Consumers with allergies should seek medical advice immediately.

Parliament approved shifting Singtel's discounted shares (SDS) to direct ownership, ending the CPF Board’s trustee role. This allows holders to manage their assets directly via CDP accounts, providing greater flexibility for investors.

IMDA plans to upskill 40,000 tech professionals over three years amid AI disruption. The National AI Impact Programme will provide technical and responsible AI skills via initiatives like AIxTech, ensuring relevance through strategic industry collaboration with Workforce Singapore.

Parliament passed amendments allowing companies to dual list on SGX and Nasdaq via a new Global Listing Board. This aims to streamline compliance, reduce costs, and boost Singapore's stock market appeal by attracting quality international listings.

Alvin Tan stated that no single currency unduly affects the Singapore dollar's stability. He explained that the S$NEER basket is diversified, reflecting Singapore’s varied trade patterns. While the US dollar remains dominant globally, its influence is balanced by other major currencies.