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Daily Debrief: What Happened Today

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For 2017, core inflation is expected to be around 1.5 per cent, and average one to 2 per cent in 2018.

Singapore prices rose at same pace in September
ECONOMISTS say that headline inflation for the month of September is roughly in line with the consensus, even as core inflation edged up slightly higher. 

Singapore to hold passenger vehicle, motorcycle populations flat from Feb 2018
SINGAPORE will keep the population of passenger vehicles and motorcycles flat from February 2018 while allowing goods vehicles to maintain a 0.25 per cent annual growth rate, the Land Transport Authority (LTA) announced on Monday.



Roxy-Pacific to acquire Dunearn Court for S$36.3m
THE site has an estimated total land area of 19,203 sq ft and is zoned residential under the master plan with gross plot ratio of 1.4.

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SembMarine to install 4.5 MWp solar system at Tuas yard with SP Group
SEMBCORP Marine (SembMarine) will install solar panels and an energy storage system at its Tuas Boulevard Yard that is expected to reduce the amount of electricity it consumes from the grid by 30 per cent during peak hours.

Singapore setting up energy transformation office; public sector to hire more engineers
WITH disruptive changes happening in the energy landscape, the Singapore government is setting up a National Energy Transformation Office (Neto) and will hire more engineers to pursue innovative energy solutions, said Deputy Prime Minister Teo Chee Hean at the Singapore International Energy Week.

CPF can be improved by opening up to non-residents: Mercer
SINGAPORE is top in Asia when it comes to pension schemes, but there is room for improvement for the Central Provident Fund (CPF) if it opens up to non-residents who form one-third of the labour force.

Leading global startup accelerator to open Singapore programme by March 2018
THE world's largest startup accelerator Plug and Play is looking to open an accelerator programme in Singapore by March 2018, to tap the fintech market in the city-state, its founder and CEO Saeed Amidi told The Business Times on Monday.

Corporate Earnings

The STI Today

STI advances in 7th straight session
SINGAPORE equities extended its rally for a seventh consecutive session on Monday, buoyed by strong local earnings and general optimism over the weekend election victory of Japan's pro-business prime minister and US President Donald Trump's tax cut plan.


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