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Daily Debrief: What Happened Today

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Private-sector economists have sharply lowered their full-year growth forecast for Singapore to 0.6 per cent, down from an earlier 2.1 per cent prediction in June, in the Monetary Authority of Singapore's (MAS) quarterly survey of professional forecasters on Wednesday.

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Private-sector economists lower Singapore 2019 growth forecast to 0.6%

THIS is in line with the government's official forecast range of growth between zero and 1 per cent, lowered in May from the previous range of 1.5 to 2.5 per cent.


Singapore, Sichuan deepen cooperation in sectors including medtech

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SINGAPORE firms forged 17 partnerships with Sichuan companies on Wednesday in a bid to deepen cooperation in sectors such as medical technology, transport, logistics and lifestyle.


OUE C-Reit, H-Trust merger becomes effective; creates enlarged S$6.9b Reit

H-TRUST stapled securityholders will receive payment of the scheme consideration – 4.075 Singapore cents in cash and 1.3583 new C-Reit units per stapled security – by Sept 9.


Nordic Group to buy environmental engineering firm Envipure for S$14-15.5m

THE group said on Wednesday that its wholly owned subsidiary, Nordic Flow Control, had entered into a non-binding term sheet with the seller, Sunalps, to acquire all the shares in Envipure.


GuocoLand to launch Meyer Mansion condo on Sept 13 at prices starting from S$2,700 psf

LOCATED at the former Casa Meyfort along Meyer Road, the development is a 25-storey residential tower comprising 200 units. 


COE prices continue to dip across the board

THE COE price for cars up to 1,600cc and 130bhp finished at $31,783, down slightly from $31,917 a fortnight ago. 


Electoral boundaries committee convened in first formal step towards next S'pore GE

THE committee has been tasked to further reduce the average size of GRCs, and create more single-member constituencies (SMCs).


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