Daily Debrief: What Happened Today
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Singapore exports fall again in Nov; 14.6% drop is more than expected
SINGAPORE’S non-oil domestic exports (NODX) contracted by 14.6 per cent on the year in November from a high year-ago base, going by Enterprise Singapore (EnterpriseSG) data on Friday (Dec 16).
Ming Arcade sold to Singapore family office for record S$3,125 psf ppr
FREEHOLD commercial site Ming Arcade has been sold for S$172 million by a public tender exercise which closed on Dec 15.
New Singapore Global Executive Programme helps companies attract, groom local talent
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LOCAL bunker trader Sing Fuels aims to grow at least 300 per cent within the next three years, but faces a major challenge – talent development. The company hopes to improve its talent management policies as a participant of the newly-launched Singapore Global Executive Programme (SGEP), said chief executive officer Vikash Dhanuka.
SingPost to raise postage rates, cites cost increases
SINGAPORE POST (SingPost) announced it would be raising postage, package and doorstep parcel delivery rates starting Jan 1, 2023.
CP All is top buy on retail positives in Thailand: Maybank
CONVENIENCE store operator CP All was listed as a “top buy” in the Thai retail sector for 2023, as it benefits from increased consumption as the market leader in wholesale, retail and convenience store sales, said Maybank Securities in a report on Friday (Dec 16).
The STI today
STI tumbled 1.01% as risk aversion mounts on economic fears
SINGAPORE shares fell on Friday (Dec 16) as several factors ranging from a wave of central banks’ rate hikes, weak domestic macro data and falls in Wall Street and European exchanges did a number on trading sentiments.
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