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Singapore's core inflation edged up to 1.1% in August; MAS, MTI maintain forecasts
SINGAPORE'S core inflation edged up in August to 1.1 per cent, from 1 per cent in July, with the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) maintaining their inflation forecasts ahead of the MAS's next policy meeting in October.
Hopping on a plane to Germany? Get yourself covered against Covid-linked expenses
Thousands of travelled-starved Singaporeans are eyeing holidays under travel lanes, but are concerned about medical and other unforseen costs triggered by Covid-linked developments. Insurers have been quick to step in to take care of such worries.
Rare, non-conservation shophouse at Jalan Besar up for sale with S$5.9m guide price
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A 999-YEAR non-conservation shophouse located in Jalan Besar with value-add potential has been put up for sale via expression of interest (EOI) with a guide price of S$5.9 million.
SoftBank-backed Oyo to file for US$1b IPO next week
SOFTBANK-BACKED Indian hospitality startup Oyo Hotels and Rooms is expected to file for an initial public offering (IPO) next week to raise around US$1 billion, the Economic Times reported, citing banking sources.
Moderna chief executive sees pandemic over in a year
MODERNA chief executive Stéphane Bancel thinks the coronavirus pandemic could be over in a year as increased vaccine production ensures global supplies, he told the Swiss newspaper Neue Zuercher Zeitung.
The STI today
STI jumps 0.93% on US Fed tapering news; Evergrande fears ease
SINGAPORE shares rose on Thursday, echoing the rally across most major peers in the region, largely buoyed by Wall Street's overnight gains after the US Federal Reserve's slightly hawkish tilt at the much-awaited September meeting.
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