Daily Debrief: What Happened Today
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Economists downgrade 2023 growth forecast to 1.4%, manufacturing set to shrink: survey
PRIVATE-SECTOR economists downgraded their full-year economic growth forecast for Singapore to 1.4 per cent this year in a quarterly survey, following a brief uptick in the previous edition.
MOH sets benchmarks for private hospital fees
NEW fee benchmarks have been set for certain types of hospital stays and surgical procedures, and existing benchmarks have been updated to factor in inflation.
Singapore’s first listed retail PE bonds redeemed, additional 0.5% bonus paid
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CLASS A-1 private equity (PE) bonds issued by Astrea IV were fully redeemed on Wednesday (Jun 14), five years from their issue date in 2018.
Singapore shoppers blur lines between online and offline retail: report
OMNICHANNEL retail is the way forward, as Singapore consumers increasingly combine online and offline shopping, according to a study by GlobalData.
About S$500 million invested in AI innovation in last 5 years: Josephine Teo
THE Singapore government has invested about S$500 million in artificial intelligence (AI) research and development in the last five years.
The STI today
Singapore stocks rise on Wednesday ahead of Fed decision; STI up 0.9%
SINGAPORE stocks surged higher on Wednesday (Jun 14) amid mixed regional trading as investors awaited the latest monetary policy decision from the US Federal Reserve.
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