Daily Debrief: What Happened Today

Stories you might have missed

New private home sales in September more than double over August

THE number of new private homes sold in September more than doubled over the tally in August, on the back of two major launches that set new price benchmarks for suburban housing.

Singapore’s inflation expectations at 11-year high amid global economic uncertainty: poll

SINGAPOREANS’ headline inflation expectations for the year ahead hit an 11-year high, up to 4.6 per cent in a September poll from 3.9 per cent in June 2022, according to the latest quarterly results of the Singapore Index of Inflation Expectations (SInDex).

Singapore key exports growth eases to 3.1% in September on continued electronics slump

THE growth of Singapore’s key exports eased in September, dragged by a contraction in electronic shipments as well as declining deliveries to most of the Republic’s top 10 key markets, including China and Hong Kong, data from Enterprise Singapore (EnterpriseSG) showed on Monday (Oct 17).

Sembcorp obtains investment licence to develop industrial park in Vietnam

SEMBCORP Industries has, through its wholly-owned subsidiary Sembcorp Development, obtained an investment licence to develop a new industrial park in Can Tho City, it said in a bourse filing on Monday (Oct 17).

Despite travel recovering, listed hospitality plays are unloved and may be privatised

SINGAPORE’S opening up along with that of many countries has led to a rise in international visitor arrivals, as well as hotel room and occupancy rates. Hotels here are also buoyed by the return of large scale events and relaxation of dining-in restrictions.

The STI today

Singapore stocks fall on Monday amid mixed regional trading, STI down 0.8%

SINGAPORE stocks ended lower on Monday (Oct 17) amid mixed regional trading, tracking last Friday’s decline on Wall Street due to persistent inflation concerns.