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Daily Debrief: What Happened Today

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The fall in core inflation mainly reflected lower services and food inflation. Services inflation slowed to 1.5 per cent in February from 1.9 per cent in January, mainly due to a fall in airfares and a more modest increase in holiday expenses.

Singapore's February inflation rises to 0.7% y-o-y, as expected

SINGAPORE'S February headline inflation crept higher to 0.7 per cent year-on-year - in line with market expectations.


Sembcorp studying feasibility of building 8th Vietnam-Singapore Industrial Park

SEMBCORP Development is exploring the possibility of building another Vietnam-Singapore Industrial Park in Vietnam's Quang Tri province.

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UOB gets preliminary nod to set up a foreign-owned subsidiary bank in Vietnam

UNITED Overseas Bank Limited (UOB) said on Thursday that it has received preliminary approval from the State Bank of Vietnam to establish a foreign-owned subsidiary bank in Vietnam.


Singapore keen to grow green bond market

SINGAPORE will look to set up a green bond market, said Second Minister for Finance and Minister for National Development Lawrence Wong on Thursday.


Healthway agrees to some changes to Gateway's convertible bonds deal

HEALTHWAY Medical Corp has agreed to certain amendments to its convertible bonds deal with Gateway Partners due to overall lower cost of funding and speed of disbursement of funds to address the company's immediate liquidity needs.

 

The STI Today

Singapore stocks finish higher; traders cautious ahead of key US vote

THE Straits Times Index, which on Wednesday suffered its largest one-day loss of 2017, on Thursday rebounded 8.74 points to 3,126.93 in cautious trading as investors waited for a key vote in the United States that would provide an indication of whether the Trump administration can deliver on its expansionary goals.

 

 

 

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