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Daily Debrief: What Happened Today
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CITING an impending global slowdown and the pressure on the Republic's export-driven economy, the report said that the rising external downside risks "are likely to prompt policymakers to adopt policies to cushion the economy through domestic-oriented initiatives" such as public infrastructure spending.
LOCATED at Suntec City Tower 4, the 12,000 square feet office will house a new managed detection and response (MDR) security operations centre.
HOMEOWNERS will re-open a collective sale tender for the St Thomas Walk freehold property on Wednesday and the reserve price remains at S$820 million, the same as in the second tender exercise that closed without a deal on Oct 29, 2018.
OXLEY Holdings' wholly owned subsidiary, Oxley Docklands Quay Two, will be entitled to 79.5 per cent of the sale price, Oxley said in a Singapore Exchange filing on Monday evening.
Granted that protectionism remains limited and geopolitical activity remains relatively sanguine, Asia-Pacific AUM is set to grow at a compound annual growth rate of 8.7 per cent, from US$15.1 trillion in 2017 to US$16.9 trillion in 2020, and US$29.6 trillion by 2025, PwC said.
The STI today
SINGAPORE stocks slipped on Tuesday, with the Straits Times Index ending the day down 0.86 per cent or 27.85 points to 3,192.71.