Daily Debrief: What Happened Today (Dec 26)

Stories you might have missed

Economists expect MAS to stand pat in January review amid easing headline, core inflation

HEADLINE inflation for the month fell to 3.6 per cent on the year, from the 4.7 per cent recorded in October while core inflation, which excludes accommodation and private transport, also inched down to 3.2 per cent, a tick lower than the 3.3 per cent rise recorded in the previous month.

Singapore’s November factory output marks two straight months of growth, up lower-than-expected 1%

THE reading, however, underperformed against economists’ median expectations of a 2.2 per cent growth in a Bloomberg poll.

Uncertainty arises over Red Sea diversions, surcharges after Maersk’s U-turn

UNCERTAINTY reigns over whether there would eventually be diversions from the Red Sea, and surcharges for the rerouting dropped if carriers proceed to use the usual and shorter route.

Condo resale prices continue uptrend, volumes flat in November: SRX, 99.co

FLASH data from SRX and 99.co released on Tuesday (Dec 26) showed that overall resale prices rose 0.4 per cent from the month before, and were 7.4 per cent higher year on year.

Closing date for Boustead Projects offer extended to Jan 10; valid acceptances at 98.76%

THIS comes after Boustead Singapore received valid acceptances amounting to 10,306,260, or 3.29 per cent of Boustead Projects, as at 6pm on Dec 22 for its exit offer priced at S$1.18 per share.