Daily Debrief: What Happened Today

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Singapore core inflation climbs to 5.3% in September; headline inflation steady at 7.5%

SINGAPORE’s core inflation rose further to 5.3 per cent in September but headline inflation held steady at 7.5 per cent, both in line with economists’ expectations, according to Department of Statistics consumer price index (CPI) data on Tuesday (Oct 25).

Singapore to tighten rules on electricity retailers, raise safeguards around supply and price shocks

SINGAPORE’S energy regulator will introduce major guardrails to ensure secure and sufficient gas supply and power generation, and to better protect consumers.

Singapore to explore ammonia-fuelled power, develop hydrogen infrastructure: MTI

SINGAPORE will embark on a wide range of initiatives to prepare for hydrogen deployment domestically and work to build a hydrogen supply chain in Asia as it bets on the low-carbon alternative to achieve its net-zero emissions ambitions., the Ministry of Trade and Industry (MTI) announced on Tuesday (Oct 25).

Singapore to commit to net zero by 2050, peak emissions before 2030: DPM Wong

SINGAPORE will commit to shorter timelines for reducing greenhouse gas emissions, with accelerated targets for achieving peak and net-zero emissions, Deputy Prime Minister Lawrence Wong announced on Tuesday (Oct 25).

Sembcorp in strategic partnerships with Japan government, companies for hydrogen initiatives

SEMBCORP Industries on Tuesday (Oct 25) announced that it has entered into strategic partnerships with the Japanese government and various corporations to further hydrogen and other decarbonisation initiatives.

Katong Point to launch for sale via tender at S$100m

THE newly-refurbished Katong Point development will be launched for sale via tender on Oct 26, 2022, announced global real estate services firm Cushman & Wakefield on Tuesday (Oct 25).

The STI today

Singapore stocks end higher on first trading day of the week; STI up 0.5%

LOCAL shares ended Tuesday (Oct 25) on a fairly upbeat note, as investors shrugged off slightly dour macroeconomic news of Singapore’s core inflation rising further to 5.3 per cent in September.