Daily Debrief: What Happened Today

Stories you might have missed

Global recovery on track from Q2; Singapore could exceed 6% GDP growth in 2021: MAS

THE global economy is projected to regain its end-2019 level of output by Q2 and expand by 6.2 per cent for the year as a whole due to the substantial fiscal stimulus expected to take effect in several economies and a faster-than-expected rollout of vaccination programmes.

Total employment grows for first time in Q1 since start of pandemic: MOM

THE bulk of the increases were in sectors such as information & communications, financial services, and professional services.

Wage growth likely to be 'relatively muted', a tad higher than last year's 1.4%: MAS

LINGERING economic uncertainties and weakened corporate balance sheets should also limit the pace of resident wage increases.

Singapore developers waiting for 'Sword of Damocles' moment: report

PROPERTY developers in Singapore should brace themselves for cooling measures ahead, UOB Kay Hian (UOBKH) said, as the odds of policy action have "manifestly increased".

High-floor strata office at Suntec Tower 2 up for sale

WITH an indicative price of S$37.5 million, it's located above the 30th storey of a Grade-A tower and the high-floor office includes an exclusive lift lobby and a panoramic view of its surrounding cityscape.

CapitaLand to acquire its first hyperscale data centre campus in China for 3.66b yuan

LOCATED in Minhang District, an established data centre hub in Shanghai, the operating data-centre campus serves two of China's largest telecommunications companies.

Ikea to open small-format store at Jem, its first in South-east Asia

THE new store will be completely cashless and will also provide a click-and-collect ordering service for selected food items.

The STI today

STI up 0.16% as equities markets across Asia gain despite a flat Wall Street overnight

THE Straits Times Index gained 5.13 points or 0.16 per cent to wrap up trading at 3,219.56 points.