Daily Debrief: What Happened Today
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Singapore new private home sales up 13.6% in March, but down 24.8% year on year
SALES of new private residential units excluding executive condominiums (ECs) continued rising in March, marking the third consecutive month of increase.
Singapore trims the fall in exports to 8.3% in March, posts surprise 18.4% sequential growth
SINGAPORE’S non-oil domestic exports (NODX) contracted for the sixth consecutive month in March, down 8.3 per cent year on year, data from Enterprise Singapore showed on Monday (Apr 17).
Economic growth ‘non-negotiable’ for Singapore, even with shifts in social compact: DPM Wong
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ECONOMIC growth is “non-negotiable” and Singapore’s government will always be pro-growth and pro-inclusivity, even as the country embarks on key shifts as part of its new social compact, Deputy Prime Minister Lawrence Wong said on Monday (Apr 17).
Jamus Lim renews call for official poverty line in Singapore; suggests ComCare, Workfare tweaks
WORKERS’ Party Member of Parliament (MP) Jamus Lim on Monday (Apr 17) reiterated the party’s call for Singapore to establish an official poverty line, suggesting that it should “go beyond just crude basic needs of housing, food and clothing”.
MPA, Shell to expand collaboration on maritime decarbonisation efforts in Singapore
THE Maritime and Port Authority of Singapore (MPA) will expand its collaboration with oil and gas company Shell Eastern Trading to advance the adoption of electric harbour craft and the development of low-and-zero-carbon fuels in Singapore.
The STI today
Singapore shares book gains in tandem with Apac bourses; STI rises 0.5%
Singapore stocks posted gains on Monday (Apr 17), taking their cue from counterpart markets in the Asia-Pacific region, as well as a smaller-than-expected decline in exports. The Straits Times Index (STI) rose 0.5 per cent or 16.6 points to 3,319.26 points.
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