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Singapore Wrap Thursday
Singapore's inflation rate remained in negative territory in June, although it inched up to -0.3 per cent from -0.4 per cent in May.
Industrial prices in Singapore fell 0.7 per cent in the second quarter of 2015 compared to the preceding quarter. Year on year, they were down 0.9 per cent.
The consumer price index (CPI) for Singapore households decreased 0.4 per cent in the first half of this year, contrasting with the 0.5 per cent rise experienced in the preceding six months, according to a report from the Department of Statistics.
Singapore was ranked as Lonely Planet's top 2015 destination. Yet, it has failed to draw more tourists so far this year.
Former member of parliament and ex-fugitive Phey Yew Kok now faces 28 additional charges, bringing the total number of charges against him to 34.
- Cambridge Industrial Trust's DPU for Q2 down 2.1%
- SATS Q1 profit up 14.5% at S$49.6m
- Suntec Reit posts 10.3% rise in Q2 DPU
- Mapletree Commercial Trust's Q1 DPU up 3.1%
- Sheng Siong Q2 profit jumps 23.1% amid intensifying competition
The STI Today
Penny stock punting continued on Thursday, albeit in much more subdued fashion, most probably since the bulk of retail players have not been participating.