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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.
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.
The Urban Redevelopment Authority (URA) has revised guidelines on the maximum allowable units in new private flats and condominium developments outside the Central Area.
Certificate of entitlement (COE) prices ended mixed in the latest tender on Wednesday (Oct 17), as demand for new vehicles remained subdued.
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.
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.
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”.
- Keppel T&T Q3 net profit down 12% on higher operating costs
- Soilbuild Reit Q3 DPU down 9.4% to 1.245 cents
The STI today
SINGAPORE stocks ended higher on Wednesday, with the Straits Times Index rising 36.79 points or 1.2 per cent to 3,071.1.