Daily Debrief: What Happened Today
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Singapore core inflation hits 3.3% in April
SINGAPORE’S core consumer prices have continued to climb on increases in the cost of food and other goods, as well as electricity and gas, according to figures out on Monday (May 23).
Pair of Chinatown shophouses up for sale with S$53m guide price
A PAIR of freehold Chinatown shophouses has been put up for sale via public tender with a guide price of S$53 million, said exclusive marketing agent Savills Singapore on Monday (May 23).
Global measures to tackle inflation may cause recession, but must be taken: PM Lee
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THE global economy is currently facing high inflation, and there is a risk that measures taken to combat this problem may lead to a recession - but action must be taken nonetheless, lest inflation become a very serious problem for the world, said Prime Minister Lee Hsien Loong.
China’s new rich drawn to Singapore
SINGAPORE has seen an influx of wealth from Greater China in recent years, as newly minted millionaires and billionaires seek to spread their assets across more markets and diversify their holdings.
Grab launches investment product Earn+, brings financial services under new brand GrabFin
GRAB Financial Group, the financial arm of Grab, on Monday (May 23) launched new investment product Earn+, as well as GrabFin, a brand that consolidates its digital payment services, insurance, lending and wealth management services.
Companies expected to resume live engagement and voting at all AGMs, regardless of format
SHAREHOLDERS must be able to make decisions on an informed basis. This is true when making decisions on whether to buy, hold or sell securities, as well as when voting on corporate actions and other resolutions at shareholder general meetings.
The STI today
Singapore stocks fall amid mixed regional showing; STI down 0.83%
THE Straits Times Index (STI) fell 0.83 per cent, or 26.93 points, to close at 3,213.65 on Monday (May 23) amid a mixed regional showing.
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