Daily Debrief: What Happened Today

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Singapore inflation hits decade highs in March as consumer prices surge by 5.4%

SINGAPORE’S headline inflation jumped to 5.4 per cent in March - a high not seen since April 2012 - as the cost of food, services, private transport and accommodation all rose.

Million sq ft Farrer Park site to yield 1,600 HDB flats, sports and recreational facilities

CONCEPTUAL plans for the redevelopment of Farrer Park will see 1,600 Housing & Development Board (HDB) flats in the new public housing estate with about 20 per cent of the approximately 10-hectare site set aside as open spaces for sports and recreational uses.

Decades of low rates, low inflation coming to an end: Gan Kim Yong

THE move towards decarbonisation is likely to increase costs in the near and medium term, with many low-carbon solutions not yet commercially viable, said Trade and Industry Minister Gan Kim Yong on Monday (Apr 25).

Two former traders fined, suspended for false trading related to Indonesian tycoon Kris Wiluan

TWO former trading representatives have received civil penalties and were issued prohibition orders (POs) from the Monetary Authority of Singapore (MAS) for false trading.

Accounting for longevity risk in retirement planning

As Singapore’s population continues to age rapidly, anticipating and understanding the unique needs and dreams of the elderly are more crucial than ever. Increasing longevity brings longer retirements, changing healthcare needs, and many other financial challenges.

The STI today

STI down 0.6% as Asia equities tumble on China lockdowns

SINGAPORE stocks dipped on Monday (Apr 25) even as Asian markets took a tumble amid news of China tightening Covid-19 restrictions in Shanghai and imposing restrictions at a district in Beijing.