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Daily Debrief: What Happened Today
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SEPTEMBER'S surprisingly strong industrial production performance is expected to cushion the third quarter's contraction in gross domestic product (GDP).
SINGAPORE is embarking on a trial to import electricity from Malaysia over the next two years, even as the government sets aside about S$50 million to fund research into low-carbon solutions, Trade and Industry Minister Chan Chun Sing said on Monday.
THE project, which is expected to be completed in 2023, was awarded to a consortium led by Envision Digital International.
LOCATED at 883 - 903A East Coast Road, the shopping centre comprises eight commercial units and eight residential units completed around 1980, sitting on a site spanning about 39,635 square feet (sq ft).
THE growth was driven by the increase in sub-contractors and suppliers obtaining loans under value chain financing (VCF), as part of tie-ups between their main contractors or project owners and the bank to help ease financing challenges brought about by Covid-19.
A boom in stock investments, rising property purchases, stubborn COE prices and staggered recovery across sectors tell the story of a K-shaped recovery
The STI today
THE key Straits Times Index (STI) fell 14.08 points or 0.6 per cent to 2,523.31 on Monday as Covid-19 cases hit records in the US and several European countries.