Daily Debrief: What Happened Today
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Economists mixed on Singapore’s full-year growth outlook despite Q3’s upside surprise
SINGAPORE’S economy grew a surprising 0.7 per cent year-on-year in the third quarter of 2023, advance estimates from the Ministry of Trade and Industry (MTI) showed on Friday (Oct 13).
Singapore keeps monetary policy unchanged in October; to switch to quarterly schedule in 2024
THIS came as Singapore’s headline inflation was newly forecast to slow to 3 per cent to 4 per cent in 2024, and core inflation to 2.5 per cent to 3.5 per cent.
Flash Coffee’s Singapore business shutters, files for winding up
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FLASH Coffee’s founder and chief executive David Brunier and director Sebastian Hannecker on Wednesday (Oct 11) gave notice that the company was unable to continue its business “by reason of liabilities”, according to filings seen by BT.
Case launches accreditation scheme for e-commerce businesses
THE Consumers Association of Singapore (Case) has launched e-CaseTrust, its CaseTrust accreditation scheme for e-commerce businesses, to address issues commonly faced by consumers when they shop online.
Heritas Capital, DBS invest S$2 million from Asia Impact First Fund in social enterprise Bettr Group
THE funding, announced on Friday (Oct 13), will be used to support Bettr Group’s business expansion plans, such as growing its roastery, as well as to fund its programmes that help marginalised women and youth at risk.
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