Daily Debrief: What Happened Today

MAS explains latest monetary policy decision

The Monetary Authority of Singapore's (MAS) October policy decision will keep the level of real GDP close to its potential over the medium term, and therefore help to promote price stability in the economy, said the central bank on Tuesday.

Slowdown in Singapore's major trading partners, opportunities in Asean: MAS

Weakness in the economies of Singapore's major trading partners is the main reason behind the Republic's recent lacklustre economic growth.

World Bank expands Singapore office to create first infrastructure, urban development hub

The World Bank Group said it is expanding its Singapore office to create its first Infrastructure and Urban Development Hub.

Singapore to grow thought leadership in cleantech

Singapore, which is becoming increasingly attractive for international clean technology (cleantech) companies, now hopes to grow in thought leadership in the sector by setting up a Sustainable Energy Centre of Excellence (SECOE).

Temasek's Pavilion Energy to use Singapore LNG price index for trades in next few years

Temasek-backed Pavilion Energy is throwing its weight behind a newly-formed Singapore price index for liquefied natural gas (LNG).

Global IPO wars: Exchanges wage all-out fight for next Alibaba

CapitaLand Vietnam has entered into a joint venture with Saigon Commercial & Tourism Corporation, a subsidiary of Vietnamese developer Thanh Nien Corporation, to develop a prime site in District 2 in Ho Chi Minh City, for an estimated project value of US$55 million.

Corporate Earnings

The STI Today

Singapore shares close lower ahead of expected Wall Street weakness

Weakness in the Dow futures on Tuesday outweighed slight gains in Hong Kong and China, bringing pressure to bear on the Straits Times Index (STI).