Daily Debrief: What Happened Today
Stories you might have missed
54% of companies in Singapore 'adversely affected' by economic climate: SBF survey
Just over half of the businesses in Singapore have said they are "adversely affected" by the current economic climate, according to the findings of the latest National Business Survey released by the Singapore Business Federation (SBF) on Tuesday.
Use GIC returns as component in calculating CPF OA returns: academic
The government can consider partially pegging returns on the Central Provident Fund (CPF) Ordinary Account (OA) to returns generated by sovereign wealth fund GIC, suggested an academic.
Resale prices of non-landed private homes slipped 2.1% in 2015: SRX Property
Resale prices of non-landed private homes dipped 0.8 per cent in December 2015 over the previous month, according to the latest flash estimates from SRX Property. This contrasts with a 0.6 per cent month-on-month gain in November.
Singapore's next bond default looms amid Pacific Andes skirmish
Singapore's bond market may see its second default in as many months after creditors said Pacific Andes Resources Development Ltd hasn't honoured some obligations on S$200 million of notes.
Broker's Take: Bad start to 2016 augurs ill for equities, says DBS
Global equities have started the year badly and the moves of the past week were likely warnings of big trends for the year including weakness in equities, DBS said in an Investment Insights note.
Externally oriented industries will be subdued in short term: Heng Swee Keat
Singapore will see a subdued performance from externally oriented industries in the short term, mirroring the modest growth in the global economy, said Finance Minister Heng Swee Keat on Tuesday.
Corporate Earnings
Qian Hu barely breaks even in 2015
Ornamental fish seller Qian Hu Corporation has eked out a net profit of S$19,000 for its financial year ended Dec 31, 2015, 95 per cent lower than S$392,000 a year ago.
The STI Today
Singapore stocks close lower as oil stocks take a beating
A nervous silence reigned in most dealing rooms on Tuesday, as markets kept wary eyes cocked in China's direction and as traders stayed away in droves, worried that China's stock market plunges of the past week are not yet over.
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Economy & Policy
Singapore’s inflation eases more than expected in March, with headline inflation at 2.5-year low
8 in 10 firms in S-E Asia, Greater China positive about business environment: UOB survey
Flexi-work request guidelines not meant to prescribe blanket outcomes for employers or influence hiring of workforce: SNEF
Daily Debrief: What Happened Today (Apr 23)
Daily Debrief: What Happened Today (Apr 24)
Daily Debrief: What Happened Today (Apr 22)