Daily Debrief: What Happened Today
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Economists’ forecasts down for Singapore’s 2022 growth, up for inflation; 4.8% growth seen in Q2
PRIVATE-SECTOR economists have raised their full-year forecasts for Singapore’s inflation and lowered them for growth – though they expect 4.8 per cent growth in the second quarter, up from 3.7 per cent in Q1.
A WEEK into Malaysia’s chicken export ban, restaurants say they have sufficient stock and supermarkets have brought in alternatives – but suppliers remain worried about how long the ban will last, with some considering longer-term pivots.
Grab launches GrabMaps as a new enterprise service
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GRAB is launching a new enterprise service, GrabMaps, as it seeks to tap the US$1 billion mapping and location-based services market in South-east Asia.
ST Telemedia to establish second data centre in South Korea, backed by Samsung
TEMASEK-OWNED ST Telemedia Global Data Centres (STT GDC) is planning to establish a second data centre site in Seoul, South Korea.
COE premiums for large cars and Open category breach S$100,000
CERTIFICATE of entitlement (COE) premiums ended higher across the board with two categories breaching the S$100,000 mark.
The STI today
Singapore stocks fall on Wednesday, bucking regional trend; STI down 0.2%
SINGAPORE stocks fell on Wednesday (Jun 8), bucking a regional trend, amid concerns of slower economic growth and higher inflation.
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