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Daily Debrief: What Happened Today
The Singapore economy is still expected to grow by 1.8 per cent in 2016, according to the latest quarterly survey conducted by the Monetary Authority of Singapore (MAS) which polled 22 private sector economists.
Certificate of entitlement (COE) premiums were mixed after the first bidding exercise in September, with the commercial vehicle category's relatively sharp rise standing out.
The new Funan mall, when ready in the fourth quarter of 2019, will be a platform that "inspires retail innovation" and offers a "new paradigm" for living, work and play, said CapitaLand Mall Trust.
Though negotiations for the Regional Comprehensive Economic Partnership (RCEP) are not progressing as hoped, it still remains a feasible alternative towards an eventual free-trade area of Asia-Pacific, said Singapore's Prime Minister Lee Hsien Loong.
Singapore Exchange (SGX) reported on Wednesday that the total market capitalisation value of its 767 listed companies stood at S$909.7 billion as at end August.
A Japan-based firm has developed a mosquito repellent paint suited to Singapore's equatorial climate, its executives revealed on Wednesday.
The iPhone 7 is expected to make its global debut on Wednesday, but many consumers and investors are already setting their sights on Apple Inc's 2017 version of the popular gadget, hoping for more significant advances.
The STI Today
Shares on the local bourse closed lower with the key Straits Times Index losing 2.9 points or 0.1 per cent to finish at 2,893.65 on Wednesday.