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Daily Debrief: What Happened Today
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GDP is projected to grow by 4 per cent to 6 per cent in 2021, as the world's major economies recover from the economic disruption of the Covid-19 pandemic and post a rebound from this year's low base.
SINGAPORE'S headline and core inflation both took a deflationary turn in October to -0.2 per cent, after two months of marginal increases.
SINGAPORE'S authorities on Monday upgraded their full-year projection for total merchandise trade and non-oil domestic exports (NODX), as the Republic's third-quarter total merchandise trade continued to shrink but at a slower pace.
COVID-19 has put a strain on Singaporeans' financial health, impacting their ability to pay their housing loans and dragging down their passive income, according to the latest survey by OCBC.
THE SingapoRediscovers vouchers can be redeemed online through five authorised booking partners - Changi Travel Services (also known as Changi Recommends), GlobalTix Klook & UOB Travel Planners (as consortium members), Traveloka, and Trip.com.
THE Monetary Authority of Singapore (MAS) on Monday said it will provide up to 25 billion yuan (S$5.1 billion) of funding to banks in Singapore, in an effort to deepen RMB liquidity and strengthen their ability to meet the growing renminbi (RMB) business needs of customers in Singapore and the region.
The STI today
THE Straits Times Index (STI) ended the day at 2,848.78 points, up 35.77 points or 1.27 per cent.