Daily Debrief: What Happened Today (Dec 5)

Stories you might have missed

Singapore retail sales down 0.1% in October, undoing September gains

SINGAPORE retail sales dipped 0.1 per cent year on year in October, snapping an eight-month streak of expansion and reversing from the previous month’s upwardly revised 0.8 per cent growth.

HDB launches more than 6,000 BTO flats in December exercise; analysts expect demand to dip

A TOTAL of 6,057 flats were launched for sale on Tuesday (Dec 5) by the Housing and Development Board (HDB) under its December 2023 Build-To-Order (BTO) exercise, across eight new projects in both mature and non-mature estates.

Asean+3 elevated debt levels reached 300% of region’s GDP at end-2022: report

THE total non-financial debt – comprising corporate, household and government debt – of the Asean+3 region reached around 300 per cent of the region’s gross domestic product (GDP) at the end of last year.

Singtel develops sustainable data centres to support AI adoption

SINGTEL is developing a new generation of artificial intelligence (AI) data centres (DCs) with high power density and sustainable features.

Singapore shares decline for second day on regional losses; STI down 0.2%

SINGAPORE shares fell for the second consecutive day on Tuesday (Dec 5) after big tech and other equities in most major markets fell.