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Daily Debrief: What Happened Today
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SINGAPORE’S growth in the third quarter fell short of economist predictions, dragged down by moderating demand for electronics amid uncertain global conditions arising from the US-China trade war.
SINGAPORE'S non-oil domestic exports (NODX) continued to grow for the fifth straight quarter in July-September, posting an 8.0 per cent jump over the past year and extending the 9.3 per cent rise in the second quarter.
IN a bid to grow the blockchain ecosystem in Singapore, the Infocomm Media Development Authority (IMDA) is putting up seed funding for industry players to develop platforms that connect blockchain special interest groups, solution providers and other related services providers.
Temasek is creating so-called "experimental pods" to focus on these two areas, which it sees as long-term trends impacting multiple industries and geographies.
HIGHER inflation is likely to trim average real pay increase in Singapore to 2.6 per cent in 2019, down from 2.9 per cent this year, according to ECA International.
- No Signboard to take impairment charge on beer business, to record accounting losses for Q4 and FY18
The STI Today
SINGAPORE stocks closed the session slightly higher on Thursday, with the Straits Times Index rising 2.73 points, or 0.1 per cent to 3,041.38.