Daily Debrief: What Happened Today (Jun 12)

Stories you might have missed

Economists keep 2.4% forecast for Singapore’s growth, but expect less from manufacturing, survey finds

PRIVATE-SECTOR economists’ forecasts of Singapore’s growth in 2024 have stayed unchanged, at a median of 2.4 per cent, in the latest quarterly survey of professional forecasters published by the Monetary Authority of Singapore (MAS) on Wednesday (Jun 12).

Singapore, Malaysia to keep overall approach to engagement but also pursue new ideas: PM Wong

SINGAPORE and Malaysia will continue efforts to resolve long-standing bilateral issues while also exploring new possibilities, said Prime Minister Lawrence Wong during his first trip to Malaysia since taking the premier position on May 15.

Axe may fall on over 1,000 jobs at Indonesia’s Tokopedia after merger with TikTok Shop

BYTEDANCE is gearing up for major job cuts and a significant operational scale-back at its Indonesian e-commerce platform Tokopedia, following this year’s mega merger with TikTok Shop, sources say.

Container prices surge 26%; lines shifting transshipment from Singapore to regional ports amid congestion

THE average shipping container prices in Singapore has increased by 26 per cent from October 2023 to May 2024, reflecting a “substantial increase” in demand for capacity amid global port congestion.

UOB, EnterpriseSG launch programme for SMEs to secure sustainability-linked financing

SMALL and medium-sized enterprises (SMEs) can pursue sustainability performance targets and obtain preferential loan rates from UOB, in a new programme launched by the bank and Enterprise Singapore (EnterpriseSG) on Wednesday (Jun 12).

HDB unveils Chencharu masterplan with park, bus-only corridor

THE Housing and Development Board (HDB) has released further details of the master plan for Chencharu, the new housing area in Yishun.

Singapore shares end flat as markets hold their breath for Fed rate decision; STI down 0.1%

SINGAPORE shares ended flattish on Wednesday (Jun 12) as markets took a wait-and-see approach ahead of a key US Federal Reserve meeting.