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Daily Debrief: What Happened Today

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Wednesday, December 14, 2016 - 18:30

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The Singapore economy is projected to expand 1.4 per cent this year, according to private-sector economists polled by the Monetary Authority of Singapore (MAS) - marking yet another paring of growth forecasts. PHOTO: ST FILE

Economists again cut 2016 Singapore growth forecast to 1.4%
THE Singapore economy is projected to expand 1.4 per cent this year, according to private-sector economists polled by the Monetary Authority of Singapore (MAS) - marking yet another paring of growth forecasts.


TPG is Singapore's fourth telco
TPG Telecom has emerged as Singapore's fourth telco, with a winning bid of S$105 million in the New Entrant Spectrum Auction (NESA) which concluded on Tuesday.


Build-to-order flat supply to taper in 2017: Minister Wong
SINGAPORE'S Housing & Development Board (HDB) will launch about 17,000 new flats for sale to Singaporeans in 2017, about 5.6 per cent fewer than the 18,000 build-to-order (BTO) flats launched in 2016.


Rents of private homes slip 0.8%, HDB flats down 0.9% in Nov: SRX
THE residential leasing market remained soft last month, with both private home rents and HDB flat rents continuing their downward drift.

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Market voices on:


Halcyon Agri gets nod to delist GMG Global
SINGAPORE'S bourse operator has given the green light for Halcyon Agri to delist mainboard-listed rubber producer GMG Global.


Keppel Land units in share swaps with Viet real estate company
SUBSIDIARIES of Keppel Land have engaged in a share swap arrangement with a Vietnamese real estate company that will end up with the two of them swapping full ownership of two units.


 

The STI Today

Singapore shares close flat on Wednesday
AHEAD of a widely expected interest rate hike decision by the United States Federal Reserve, Singapore stocks ended flat on Wednesday with the Straits Times Index retreating 1.17 points to 2,954.06.


 

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