Bringing Sunshine to lives of needy
Project Sunshine, an initiative to rally private estate residents in Pasir Ris-Punggol GRC to help the less privileged in the community, starts today with a race. The month-long project, led by the People's Association, will include many activities, including visits to homes for senior citizens and orphanages, distribution of food items to the needy, home refurbishments for low-income families, and fund-raisers such as charity flea markets.
Li heads to Seoul for trilateral summit
Chinese Premier Li Keqiang is slated to arrive in Seoul, South Korea, today for a three-day visit, ahead of a trilateral summit with Japanese Prime Minister Shinzo Abe and South Korean President Park Geun Hye tomorrow. Apart from the trilateral meeting, Mr Li is also expected to hold bilateral talks with the two leaders, meeting Ms Park later today. It will be the first trilateral summit between the three countries in three years.
Report on health of Greek banks
The European Central Bank will release a report on a health check of four of Greece's biggest banks: Bank of Greece, Piraeus, Alpha Bank and Eurobank. The report is expected to show a total capital shortfall of up to 14 billion euros (S$21.4 billion) if economic conditions become "adverse". The ECB's so-called comprehensive assessment of the banks' books included a scrutiny of their loan portfolios and stress tests.