Daily Debrief: What Happened Today

Published Fri, Oct 26, 2018 · 10:30 AM
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Sino-US trade war impact could be felt by year end; Singapore economy to grow at slower pace: MAS

The US-China trade war has had a limited impact on the Singapore economy so far, but the negative spillovers could become more pronounced in the latter half of 2018 and next year, the Monetary Authority of Singapore (MAS) said in its half-yearly macroeconomic review on Friday.

Singapore manufacturing sees surprise 0.2% contraction in September

SINGAPORE'S manufacturing output took a surprise fall in September, shrinking 0.2 per cent year on year in the first contraction since December 2017, based on preliminary estimates from the Economic Development Board on Friday.

Singapore sees fewer retrenchments in Q3, but unemployment rate edges up

THERE were 2,500 retrenchments over the past three months, fewer than the 3,030 in the three months before that, preliminary figures show.

Singapore private home prices moderate to 0.5% growth in Q3 after cooling measures

THE 0.5 per cent figure - which was in line with earlier flash estimates - comes after an increase of 3.4 per cent in the previous quarter, according to the latest report from the Urban Redevelopment Authority (URA).

Singapore office rentals rise by quicker 2.5% in Q3 over Q2; vacancy eases to 12%

Year on year, the rental index is up 9.6 per cent. The latest reading marks the fifth consecutive quarter-on-quarter rise in the index since it bottomed in the second quarter of last year; the index is up 12.2 per cent from that trough.

Singapore retail rents slip 1.2% in Q3, vacancy rate rises to 7.6%: URA

AS at the end of Q3, there was a total supply of 501,000 square metres (sq m) gross floor area (GFA) of retail space from projects in the pipeline, compared with the 498,000 sq m in the previous quarter.

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The STI today

Singapore shares fall 1.4% on Friday to end below 3,000 level

SINGAPORE stocks suffered another day of losses on Friday, with the Straits Times Index down 1.4 per cent or 40.82 points to 2,972.02.

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