Daily Debrief: What Happened Today

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Economists downgrade Singapore’s 2023 growth forecast to 1.8%: survey

PRIVATE-SECTOR economists have slashed their 2023 forecast for Singapore’s economic growth to 1.8 per cent – down from 2.8 per cent before – while raising their inflation forecasts, in the latest quarterly survey of professional forecasters published by the Monetary Authority of Singapore (MAS) on Wednesday (Dec 14).

Corporate governance improves among Singapore companies: Asean scorecard

CORPORATE governance practices among Singapore companies improved in 2021, with the average score of its top 100 public companies by market capitalisation breaching 100 points for the first time.

Refreshed industry map to support Singapore’s hub status in food manufacturing

DIM SUM provider Sin Mui Heng Food Industries has set its sights on expanding to countries such as the US and Ghana.

Condo, HDB leasing volumes fall as November rentals climb: SRX, 99.co

RESIDENTIAL leasing volumes fell in Singapore for the month of November against rising rentals for condominiums and Housing and Development Board (HDB) flats, which saw their 23rd and 29th straight months of rental increase, respectively.

Acra, Ipos seek views on new framework for disclosing non-physical company assets

SINGAPORE’S Accounting and Corporate Regulatory Authority (Acra) and the Intellectual Property Office of Singapore (Ipos) are seeking views from the public for a new framework that helps companies disclose and communicate their intangible, or non-physical, assets.

The STI today

STI rises 0.2% on hopes of softer US Fed rate hikes

SINGAPORE shares rose marginally on Wednesday (Dec 14), after milder-than-expected inflation data from the US raised hopes on Wall Street that the Federal Reserve would soften its aggressive stance on interest-rate hikes.