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Singapore core inflation could peak at 4% in Q3 before easing in late 2022: MAS
SINGAPORE'S core inflation could hit a peak of around 4 per cent in the third quarter before moderating in late 2022, amid rising price pressures that have been intensified by the Russia-Ukraine war, the Monetary Authority of Singapore (MAS) said in its half-yearly macroeconomic review on Thursday (Apr 28).
Singapore employment grows by 41,100 in Q1 2022 as construction workers return
SINGAPORE employment levels continued to expand in the first 3 months of 2022, on the back of a rebound in foreign workers - mainly in the construction sector.
Changi Airport mulls adding new flights amid manpower constraints
AMID an ongoing recovery in travel demand, approvals to mount some additional flights at Changi Airport in the coming weeks have yet to come through as ground-handlers grapple with a tight manpower situation.
Unilever hikes prices as cost pressures build
UNILEVER beat first-quarter sales forecasts as the maker of Dove soap and Ben & Jerry’s ice cream hiked prices by more than 8 per cent to offset higher supply chain and energy costs, more than outweighing a dip in sales volumes.
Yangzijiang Financial makes trading debut at S$0.69
YANGZIJIANG FINANCIAL HOLDING made its trading debut on the Singapore Exchange (SGX) mainboard on Thursday (Apr 28) afternoon with a share price of S$0.69.
Corporate Earnings
- Jardine C&C reports improved Q1 on the back of Astra earnings surge; shares jump 8.5%
- Far East Hospitality Trust's distributable income rises 17.2% in Q1
- Great Eastern Q1 profit halved due to less favourable financial market conditions
The STI today
Singapore stocks join regional peers in rally; STI ends 0.4% higher
THE bullishness in regional stock markets rubbed off on Singapore’s, lifting the blue-chip benchmark Straits Times Index (STI) by 14.42 points or 0.4 per cent to 3,335.09 on Thursday (Apr 28).
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