Daily Debrief: What Happened Today
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Location can continue to drive price premium for CBD offices, prime area homes
SINGAPORE’S suburbs have transformed over recent years. Places such as Jurong and Tampines have become high-quality live, work and play destinations.
Singapore factory output grows 0.5% in August, beating economists’ estimates
SINGAPORE’S factory output expanded by 0.5 per cent on the year in August, down from a revised 0.8 per cent growth in July, according to data from the Singapore Economic Development Board (EDB) on Monday (Sep 26).
Singapore’s incumbent banks should work on customer engagement, say industry watchers
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INCUMBENT banks in Singapore should focus on improving customer engagement as they begin to face competition from digital banks, industry watchers said.
Startup layoffs mount amid market chill
SOUTH-EAST Asia’s tech industry is bracing for more layoffs after several high-profile players retrenched workers in recent weeks, amid an increasingly uncertain environment and funding slowdown.
Lucien Wong reappointed Attorney-General; Philip Jeyaretnam is SICC president
SINGAPORE’S Prime Minister’s Office (PMO) on Monday (Sep 26) announced the reappointment of Lucien Wong as Attorney-General for another 3-year term. Ang Cheng Hock has also been appointed Deputy Attorney-General for a term of 2 years.
The STI today
Singapore stocks track regional declines; STI down 1.4%
THE Straits Times Index (STI) shed 1.4 per cent or 45.13 points to close at 3,181.97 on Monday (Sep 26), tracking regional declines as markets continue to reel from signs of further economic pain ahead.
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