Daily Debrief: What Happened Today (Dec 22)
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Singapore investment banking fees down 24% to US$664.9 million in 2023: LSEG
INVESTMENT banking fees generated in Singapore so far in 2023 fell 24 per cent to US$664.9 million from the same period last year, indicated preliminary LSEG data released on Friday (Dec 22).
Malaysia’s inflation expands slower at 1.5% in November, beats economists’ forecast
MALAYSIA’S inflation growth continued easing for the third consecutive month in November, with headline inflation growing slower at 1.5 per cent from a year earlier, a Department of Statistics Malaysia (DOSM) report indicated on Friday (Dec 22).
Indonesia economy to grow 5.2% in 2024 as investments pick up steam: Jokowi
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Indonesian President Joko Widodo, who is in the final months of his term, expressed confidence that South-east Asia’s largest economy will see growth of 5.2 per cent in 2024 – higher than what the International Monetary Fund (IMF) and World Bank have predicted.
Sumitomo Life moves to own all of Singlife, valuing Singapore insurer at S$4.6 billion
HOME-GROWN Singlife will be a wholly owned subsidiary of Japanese life insurer Sumitomo Life Insurance.
THE year 2023 started out great at the North Pole, but affairs quickly went South
Singapore stocks end week in the black amid festive cheer; STI up 0.9%
SINGAPORE stocks rose on Friday (Dec 22) as investor sentiment appeared to improve ahead of the upcoming holidays.
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