Daily Debrief: What Happened Today (Jan 24)

Stories you might have missed

MAS eases monetary policy settings, lowers 2025 core inflation forecast to between 1% and 2%

SINGAPORE’S central bank eased monetary policy settings on Friday (Jan 24), after having held them steady for more than two years since the last tightening move in October 2022.

Singapore private home rents down 1.9% in 2024 in first full-year decline since 2020

PRIVATE home rents in Singapore fell 1.9 per cent in 2024, marking the first full-year decline since 2020. 

A shortcut to the C-suite: MBA grads raise ‘search funds’ to buy SMEs in Singapore

GOH Aik Chuan has always dreamt of being his own boss. But in pragmatic Singapore, it was a path he dismissed as a pipe dream. For most of his twenties, he was busy climbing the corporate ladder – first as an analyst at UBS Group, then as an operations manager at Uber.

Singapore’s factory output rises 10.6% in December, beats expectations

SINGAPORE’S factory output rose 10.6 per cent year on year in December, with all clusters recording growth, based on data released by the Economic Development Board on Friday (Jan 24).

HDB resale prices accelerate 9.7% in 2024; rise is double that of 2023

RESALE prices of public housing flats rose 2.6 per cent in the fourth quarter of 2024, bringing the full-year increase to 9.7 per cent, on the back of stronger demand and supply constraints.

OCBC CEO Helen Wong meets Lee family members and other key Great Eastern shareholders holding out on offer

OCBC’s chief executive officer Helen Wong made a fresh effort to win over key shareholders of a Singapore insurer that the bank has been trying to take full control of for over two decades.