Daily Debrief: What Happened Today
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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
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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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