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Daily Debrief: What Happened Today
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THIS comes as the economy saw growth of 1.2 per cent in the first quarter of 2019 - the lowest growth rate in almost 10 years.
BOTH the electronic and non-electronic NODX registered declines of 17.2 and 2.6 per cent respectively.
PHILIP Wee, DBS Bank FX strategist said DBS has forecast the USD/SGD to hit 1.40 by 3Q19.
"SOLID occupier demand in Singapore is also allowing investors to lock in higher rents," said Petra Blazkova, senior director of Apac analytics at RCA.
THE Fullerton SGD Heritage Funds comprise three multi-asset solutions with varying asset allocation and income payouts and are exclusively distributed by Standard Chartered Bank.
BRITISH artificial-intelligence (AI) firm Prowler.io has raised US$24 million from strategic investors including SGInnovate, the Singapore government's innovation platform, and Singapore-based RB Capital, valuing the startup at US$100 million.
The STI today
THE Straits Times Index (STI) closed at 3,183.26, down 22.20 points or 0.7 per cent.