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Ministry of Law to introduce new laws on copyright and commissioned work

Ministry of Law to introduce new laws on copyright and commissioned work

Creators will be given a new right to be attributed as the creator of the works regardless of whether they still own the copyright.

More firms embrace flexible work arrangements: MoM report

Proportion of firms offering at least one formal FWA increased by 3% to 53% in 2018.

Singapore non-oil domestic exports dropped 8.5% in December 2018

It was dragged by the 11.2% decrease in the electronics segment.

Over half of Singapore's workforce unsatisfied with their current job: report

Healthcare workers were ranked as the most motivated and less stressed.

Government urged to introduce tiered tax concessions for firms that enhance cyber resilience

KPMG says in its Budget 2019 wishlist that it may encourage corporations to develop their risk management, vigilance and governance for cyber attacks.

Chart of the Day: iEdge SG All Healthcare Index hit -3.3% return in 2018

The top performing constituent is Top Glove which saw its returns hit 40.6% in 2018. This chart from the Singapore Exchange (SGX) shows that the iEdge SG All Healthcare Index saw a total return of -3.3%. This is compared to the total returns of -6.5% for the Straits Times Index (STI), -3.2% for the MSCI Asia Pacific Health Care Index, and -16.5% for the MSCI Asia Pacific ex-Japan Health Care Index. According to SGX, the five best-performing constituents of the iEdge SG All Healthcare Index include Top Glove Corp (+40.6%), Camsing Healthcare (+19.5%), Aoxin Q & M Dental (+10.5%), Pharmesis Intl (+8.7%), and Riverstone Holdings (+7.9%). In 2018, SGX noted that the five healthcare plays have averaged a total return of +8.6%, bringing their three-year and five-year total returns to -3.5% and +63.3%, respectively.

Daily Markets Briefing: STI up 0.52%

Wall Street's gains could buoy local sentiment.

Kampong Java Road residential site clinched for $418.38m

However, last year's cooling measures may have resulted in its subdued land rate of $1,192.

Midtown Development puts $562m price tag on Club Street hotel site

The winning bid is $62m higher than United Venture Investments' $500m offer.

Grab forms joint venture with ZhongAn to offer digital insurance products

The firms aim to provide its products to uninsured consumers through Grab’s mobile app.

SGX urged to relook rules allowing Mainboard companies to transfer to Catalist

Increased transfers to Catalist could harm the liquidity and valuation of firms already listed on the board.

Daily Markets Briefing: STI up 1.22%

Gains on US stock markets could see positive local sentiment.