Daily Debrief: What Happened Today (Apr 23)

Stories you might have missed

Singapore’s inflation eases more than expected in March, with headline inflation at 2.5-year low

SINGAPORE’S March headline and core inflation both eased further than economists expected, data from the Department of Statistics showed on Tuesday (Apr 23). Headline inflation slowed to 2.7 per cent year on year, lower than the 3.4 per cent recorded in February.

Funding concentration seen in emerging tech startups: SGInnovate report

THE number of funding deals has remained fairly constant between 2022 and 2023 in Singapore’s emerging tech ecosystem, but funding is concentrated on a few companies.

Flexi-work request guidelines not meant to prescribe blanket outcomes for employers or influence hiring of workforce: SNEF

THE new tripartite guidelines on flexible work arrangement requests are not meant to prescribe blanket outcomes for employers, or influence how and where they hire their workforce from, said the Singapore National Employers Federation (SNEF) on Tuesday.

S$16.5 million deal at The Ritz-Carlton Residences tops Q1 gainers; seller reaps S$4.9 million profit

THE sale of a 3,057 square foot (sq ft) unit at The Ritz-Carlton Residences Singapore, Cairnhill was the most profitable resale deal in absolute terms in the first quarter of 2024, giving the seller a tidy S$4.9 million gain.

Pundits divided on Bank Indonesia’s next move as rupiah hovers at multi-year low

A PLUNGING rupiah has placed Indonesia’s central bank in a challenging position as the next monetary policy meeting looms, with pundits divided on their expectations for the outcome at Wednesday’s session.

Singapore stocks extend gains on Tuesday led by banks; STI up 1.5%

SINGAPORE stocks extended gains on Tuesday, as local banks led gains on the benchmark Straits Times Index (STI). The STI rose 1.5 per cent or 47.55 points to 3,272.72, with most counters ending higher.