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Daily Debrief: What Happened Today

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Wednesday, February 24, 2016 - 18:30

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The Singapore economy grew at a slightly slower-than-expected 1.8 per cent year-on-year in the fourth quarter of 2015, the Ministry of Trade and Industry (MTI) said on Wednesday morning, as the manufacturing sector contracted more than anticipated and services expanded at a slower pace than initially thought.

Singapore's Q4 GDP up 1.8%, 2015 growth at 2%

The Singapore economy grew at a slightly slower-than-expected 1.8 per cent year-on-year in the fourth quarter of 2015, the Ministry of Trade and Industry said on Wednesday morning, as the manufacturing sector contracted more than anticipated and services expanded at a slower pace than initially thought.


Singapore's manufacturing declines more than expected in Q4

Singapore's manufacturing sector declined even more than expected in the fourth quarter, contracting by 6.7 per cent on a year-on-year basis, according to the Ministry of Trade and Industry.

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Market voices on:


Singapore NODX down 0.1% in 2015; forecast stays at 0 to 2 per cent for 2016

Singapore's trade performance is tipped to be a bit better in 2016, despite a softer global economic outlook since the start of the year and after the poor showing in 2015.


DBS clinches Khazanah Nasional's USD bond sale

DBS Bank has scored a coup clinching Khazanah Nasional's first unrated and unsecured USD sukuk or Islamic bond deal, which is also so far this year's largest sukuk sale.


Singaporeans target ambitious 8.4% annual investment return: BlackRock

Singaporeans have ambitious savings and investment targets, aiming for an annual return of 8.4 per cent, said asset manager BlackRock as it released the results of an online survey of 1,000 Singapore residents.


Temasek prices euro-denominated bonds due 2022 and 2028

Singapore investment company Temasek Holdings said it has priced its euro-denominated bonds due 2022 and 2028.


Corporate Earnings


The STI Today

Singapore shares close 2% down on Wednesday

Singapore stocks ended 2 per cent lower on Wednesday, with the Straits Times Index losing 52.11 points to 2,619.96.

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