The Straits Times - July 24, 2024![Add to My Favorites Add to Favorites](/static/icons/filled.svg)
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In this issue
July 24, 2024
GIC posts 3.9% annualised real return over 20 years
Figure is lowest in four years, in the wake of lower returns and stubborn inflation
4 mins
Trial of unconditional cash aid for needy breaks new ground
A novel project that gave 75 lowincome households between $300 and $550 a month for 18 months has broken new ground in understanding the effects of unconditional cash transfers here.
4 mins
S'pore's efforts to transform economy have grown the pie for all: DPM Heng
He says nation must stay competitive and be prepared for a future of constant change
3 mins
'Predators, fraudsters... I know Trump's type': Harris slams rival
She launches her presidential campaign with fiery speech and record donations
!['Predators, fraudsters... I know Trump's type': Harris slams rival](https://reseuro.magzter.com/100x125/articles/24723/1775390/YRWKXOFBT1721771242051/PREDATORS-FRAUDSTERS-I-KNOW-TRUMPS-TYPE-HARRIS-SLAMS-RIVAL.jpg)
3 mins
Tech outage leaves China unscathed, showcasing drive for self-sufficiency
Use of home-grown CrowdStrike alternatives kept blue screen at bay
![Tech outage leaves China unscathed, showcasing drive for self-sufficiency](https://reseuro.magzter.com/100x125/articles/24723/1775390/8LfxbVG7h1721771551096/TECH-OUTAGE-LEAVES-CHINA-UNSCATHED-SHOWCASING-DRIVE-FOR-SELFSUFFICIENCY.jpg)
3 mins
Duty-free zone will boost JB's Forest City, but more must be done: Analysts
Tax-free provisions expected to generate foot traffic, but won't resolve issue of empty condos
![Duty-free zone will boost JB's Forest City, but more must be done: Analysts](https://reseuro.magzter.com/100x125/articles/24723/1775390/GDZRMemeI1721772022370/DUTYFREE-ZONE-WILL-BOOST-JBS-FOREST-CITY-BUT-MORE-MUST-BE-DONE-ANALYSTS.jpg)
3 mins
Arrests exceed 2,500 amid Bangladesh protest violence
The number of arrests in days of violence in Bangladesh passed the 2,500 mark in an AFP tally on July 23, after protests over employment quotas sparked widespread unrest.
![Arrests exceed 2,500 amid Bangladesh protest violence](https://reseuro.magzter.com/100x125/articles/24723/1775390/0kDA5t52L1721772120177/ARRESTS-EXCEED-2500-AMID-BANGLADESH-PROTEST-VIOLENCE.jpg)
3 mins
Ukraine sends top diplomat to Beijing for talks on ending war
BEIJING Ukraine's foreign minister was in China on July 23 for talks on how officials there might help end the war with Russia, whose ties with Beijing have grown stronger since the conflict began.
![Ukraine sends top diplomat to Beijing for talks on ending war](https://reseuro.magzter.com/100x125/articles/24723/1775390/eKAX_CwF41721772241616/UKRAINE-SENDS-TOP-DIPLOMAT-TO-BEIJING-FOR-TALKS-ON-ENDING-WAR.jpg)
2 mins
Iraq wants withdrawal of US-led troops to begin in Sept
Iraqi sources say most expected to leave; US officials say some may stay in advisory role
![Iraq wants withdrawal of US-led troops to begin in Sept](https://reseuro.magzter.com/100x125/articles/24723/1775390/jLZdUEhWp1721772399046/IRAQ-WANTS-WITHDRAWAL-OF-USLED-TROOPS-TO-BEGIN-IN-SEPT.jpg)
2 mins
COE quota for August-October period inches up 1.2% to 15.283
Vehicle dealers expect upward pressure on premiums amid continued pent-up demand
3 mins
Ex-national basketball player in drink-driving accident jailed
A former Singapore national basketball player has been sentenced to five days’ jail and a fine of $5,000 after he caused an accident while drink driving.
![Ex-national basketball player in drink-driving accident jailed](https://reseuro.magzter.com/100x125/articles/24723/1775390/B3BC3YEIe1721772553813/EXNATIONAL-BASKETBALL-PLAYER-IN-DRINKDRIVING-ACCIDENT-JAILED.jpg)
2 mins
S'pore stocks rise on slowing inflation in June; STI up 0.7%
Gainers outnumber losers 288 to 261 across broader market | Seatrium is STI's top gainer; Singtel is biggest decliner | Region mixed: Japan and HK down, S. Korea, Malaysia up
1 min
Towering HK building turning out to be a millstone for investors
Owners, many of them Chinese developers, hit by collapse of mainland housing sales
![Towering HK building turning out to be a millstone for investors](https://reseuro.magzter.com/100x125/articles/24723/1775390/NtVwOgc-Z1721772796218/TOWERING-HK-BUILDING-TURNING-OUT-TO-BE-A-MILLSTONE-FOR-INVESTORS.jpg)
3 mins
Seatrium bags $180m in repair and upgrade projects
Offshore and marine specialist Seatrium has secured $180 million worth of contracts to repair and upgrade various kinds of vessels, said the company on July 23.
![Seatrium bags $180m in repair and upgrade projects](https://reseuro.magzter.com/100x125/articles/24723/1775390/XbwmRQOCB1721772885313/SEATRIUM-BAGS-180M-IN-REPAIR-AND-UPGRADE-PROJECTS.jpg)
1 min
Pfizer opens $lb plant in Tuas to make key medicine ingredients
US pharmaceutical giant Pfizer opened its new $1 billion plant in Singapore on July 23.
![Pfizer opens $lb plant in Tuas to make key medicine ingredients](https://reseuro.magzter.com/100x125/articles/24723/1775390/0XI6xGthS1721771734190/PFIZER-OPENS-LB-PLANT-IN-TUAS-TO-MAKE-KEY-MEDICINE-INGREDIENTS.jpg)
2 mins
UNITED IN FIRST-RATE BID
Director Ashworth spells out aim to return Old Trafford side to the required standards’
![UNITED IN FIRST-RATE BID](https://reseuro.magzter.com/100x125/articles/24723/1775390/4DXbw-Cd91721772964406/UNITED-IN-FIRSTRATE-BID.jpg)
3 mins
Olympic men's football tourney shorn of stars
Kylian Mbappe wanted to take part in the Olympics in his home city, while there were hopes Lionel Messi would feature for Argentina, but instead the Olympic men's football tournament at the Paris Games will be devoid of star names.
![Olympic men's football tourney shorn of stars](https://reseuro.magzter.com/100x125/articles/24723/1775390/EYk4FBvDT1721773054943/OLYMPIC-MENS-FOOTBALL-TOURNEY-SHORN-OF-STARS.jpg)
2 mins
FIGHT FOR FAMILY LEGACY
Lee will face Turk Rasulov in ONE 169 on Nov 8, two years after sister’s death
![FIGHT FOR FAMILY LEGACY](https://reseuro.magzter.com/100x125/articles/24723/1775390/1r-Bdz_JU1721773135158/FIGHT-FOR-FAMILY-LEGACY.jpg)
2 mins
The Straits Times Newspaper Description:
Publisher: SPH Media Limited
Category: Newspaper
Language: English
Frequency: Daily
Unlock your access to award-winning journalism on Singapore and the world. With bureaus in major cities around the world, The Straits Times correspondents bring world news to readers on a Singapore platter, helping them appreciate world events from a Singaporean perspective.
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