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Singapore Wrap Monday
The Ministry of National Development on Monday provided more details on the four housing measures that Prime Minister Lee Hsien Loong mentioned in his National Day Rally speech on Sunday.
While Singapore's headline inflation rate eased to -0.4 per cent in July from June's -0.3 per cent, core inflation rose to 0.4 per cent last month from 0.2 per cent in June.
Commercial crimes in Singapore, led by online scams, increased significantly in the first six months of this year from a year ago, even as other offences including violent/serious property crimes, thefts and housebreaking cases declined.
Singapore General Election
Ahead of the looming General Election, the National Solidarity Party has been rocked by yet another resignation, this time by central executive committee member Mohamed Fazli Talip.
The STI Today
The Singapore market tumbled 4.3 per cent on Monday, with the Straits Times Index dropping 127.62 points to 2,843.39.
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