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Singapore Wrap Thursday
Singapore's non-oil domestic exports (NODX) continued to be in negative territory in the third quarter, falling 8.4 per cent year-on-year in August - after an adjusted 0.7 per cent dip in July.
Singapore is sticking to its forecast for more than 15 million visitor arrivals this year, encouraged by a spurt in travellers from China and India in July, the head of its tourism board said, despite a subdued first half.
Singapore continues to buck the trend on the mergers and acquisitions (M&A) front, with appetite expected to drop despite continued growth in capacity.
A freehold Good Class Bungalow (GCB) re-development site located at 2 Queen Astrid Park is available for sale, property consultants, Colliers International Group Inc said on Thursday.
The Central Provident Fund Board has initiated the sale of its building at 79 Robinson Road in a public tender.
The STI Today
The Straits Times Index rose 27.07 points to 2,895.81 on Thursday as traders continued to buy in anticipation of a "relief rally" if the US Federal Reserve keeps interest rates unchanged at its Thursday Federal Open Market Committee meeting.