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Daily Debrief: What Happened Today

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SINGAPORE’S non-oil domestic exports (NODX) grew by a solid 8.3 per cent in September, coming in under economist expectations even as it picked up pace from the 5 per cent expansion in August, according to Enterprise Singapore data released on Wednesday.

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Singapore's September non-oil exports come in below expectations, but up from August

SINGAPORE’S non-oil domestic exports (NODX) grew by a solid 8.3 per cent in September, coming in under economist expectations even as it picked up pace from the 5 per cent expansion in August, according to Enterprise Singapore data released on Wednesday.


 

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MICE visitors make up 15% of arrivals in Singapore, 22% of spending in H1 2018

SINGAPORE continues to enjoy its status as a choice destination for quality events, as visitor arrivals to Singapore increased 7.7 per cent year on year to 9.2 million in the first half of 2018, Senior Minister of State for Trade and Industry Chee Hong Tat said on Wednesday.


New guidelines on maximum allowable units in private flats and condos outside Central district

The Urban Redevelopment Authority (URA) has revised guidelines on the maximum allowable units in new private flats and condominium developments outside the Central Area.


COE prices end mixed in latest tender, demand for new vehicles remains subdued

Certificate of entitlement (COE) prices ended mixed in the latest tender on Wednesday (Oct 17), as demand for new vehicles remained subdued.


Flexible working projected to contribute S$54.8b to Singapore economy by 2030: study

A STUDY of flexible working in 16 key markets has found that the shift to this non-traditional working arrangement will raise its contribution to the Singapore economy to S$54.8 billion by 2030, up from S$27.3 billion currently.


Consumer sentiment could be hit by rising imported inflation in 2019: study

REAL private consumption next year is likely to rise by 4 per cent amid real wage growth and a tight labour market, but consumers may continue to be weighed down by the threats of rising imported inflation.


US beats Singapore to top of global competitiveness rankings: WEF

THE US is back at the top of the global competitiveness league, according to the World Economic Forum (WEF), which praised the nation’s entrepreneurial culture and financial system while noting its “weakening social fabric”.


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Singapore shares close 1.2% higher on Wednesday

SINGAPORE stocks ended higher on Wednesday, with the Straits Times Index rising 36.79 points or 1.2 per cent to 3,071.1.