World Bank said infrastructure investment is a valuable source of long-term income streams that can help to address global challenges of an ageing population and lower levels of private investment.
The last day of trading of SMRT shares will be Oct 18, with the payout of S$1.68 per share expected to take place by Nov 1.
Non-oil domestic exports fell 4.8 per cent last month, after flat growth in August, according to latest figures released by IE Singapore.
Profit attributable to shareholders fell from the S$321.7 million reported in FY2015, with a 4.5 per cent year-on-year fall in operating revenue to S$1.12 billion.
Analysts expect the Sing dollar to weaken further and possibly hit 1.40 against the US dollar by the end of the year.
More than 900 special deals will be on offer at homegrown businesses including cafes, salons and travel agencies.
Mr Ong Chong Tee was speaking at the inaugural EU-Asia Pacific forum on financial regulation, where Singapore's central bank hosted regulators from both regional groupings to discuss issues including cross-border coordination in regulation.
A neutral policy stance is needed to ensure medium-term price stability, says the Monetary Authority of Singapore (MAS) in its final scheduled monetary policy review of 2016.
Singapore’s economy expanded by 0.6 per cent in the third quarter from a year ago but contracted 4.1 per cent on a seasonally adjusted and annualised basis, according to advance estimates from the Ministry of Trade and Industry (MTI).
The National Human Resource Professional Certification Framework will be piloted from Oct 24, and is expected to be fully launched in the middle of next year.