Daily Debrief: What Happened Today (Jan 5)

Stories you might have missed

Singapore’s retail sales up 2.5% in November, reversing October’s fall

SINGAPORE’S retail sales rose 2.5 per cent year on year in November, reversing from the previous month’s 0.1 per cent decline. The food and alcohol, motor vehicles, as well as watches and jewellery segments had the highest growth rates.

Improved 2024 supply to ease COE prices, but potential demand will fan volatility

THIS year, Certificate of Entitlement (COE) prices for passenger cars and commercial vehicles are expected to retreat from the record-shattering levels of 2023, as their supply increases, industry players have told The Business Times.

Singapore firms worried about rising costs as business sentiment dips: SBF poll

SINGAPORE businesses have grown more cautious about their outlook compared to a year ago, as rising costs remained a top challenge for firms in 2024, according to the Singapore Business Federation’s (SBF) latest National Business Survey 2023/2024 released on Friday (Jan 5).

Scotts Square mall up for sale at S$450 million guide price

WHARF Estates Singapore has put the freehold retail podium at Scotts Square on the market at a S$450 million guide price.  

Singapore could get up to 5°C hotter by 2100, warns climate study

SINGAPORE’S mean daily temperature could rise as much as 5 degrees Celsius to 32.9 deg C by 2100 if the world drives development with fossil fuels, a new climate change study warns.

Singapore stocks snap 2024 losing streak on Friday as STI gains 0.3%

SINGAPORE stocks snapped their losing streak in 2024 on Friday (Jan 5) amid mixed trading in the region.