Daily Debrief: What Happened Today (Nov 25)
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Singapore’s Oct core, headline inflation lowest since 2021
SINGAPORE’S core and headline inflation came in lower than expected in October, data from the Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI) showed on Monday (Nov 25).
Singapore remains confident in China’s future, deeper collaboration despite challenges: SM Lee
SINGAPORE remains confident in China’s future despite its recent challenges, said Senior Minister Lee Hsien Loong, adding that it would be “short-sighted and unwise to write off” the world’s second-largest economy.
Thomson View sold for S$810 million to UOL, CapitaLand
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THOMSON View has been sold for S$810 million to UOL, Singapore Land (SingLand) and CapitaLand Development (CLD), after the condominium’s owners on Friday (Nov 22) green lit a deal for their en-bloc sale.
Singapore civil servants to get 1.05-months year-end bonus, up from last year’s 0.6-month
CIVIL servants, rejoice. Some 86,000 officers working in the Singapore Civil Service are due to receive a year-end bonus of 1.05 months this year, with junior-grade officers awarded an additional one-time payment of S$600.
Condo resale prices fall for the first time in 10 months; volumes rise 8.1% in October: SRX, 99.co
RESALE prices of private condominiums dropped for the first time this year, as prices slipped in the city fringe area.
Indonesia mulls review of clean energy exports to prioritise national interest
INDONESIA may review plans to export clean electricity as the government prioritizes national interests and sustainability in allocating natural energy resources, according to a senior minister of Indonesia.
CLI to rebalance portfolio, grow India and South-east Asia businesses
CAPITALAND Investment (CLI) will rebalance its portfolio to grow its India and South-east Asia business and optimise its China holdings, as it seeks further “geographical diversification” for growth.
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