Daily Debrief: What Happened Today
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Singapore's official 2022 growth forecast of 3-5% captures spread of private-sector predictions
GROWTH prospects for outward-oriented sectors such as manufacturing and wholesale trade remain strong, given robust external demand.
Singapore on track for highest export growth in a decade in 2021
NODX is now expected to grow by between 9.5 per cent and 10 per cent year on year in 2021, from 7 per cent to 8 per cent projected in August.
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BY Q3 2021, total employment was down by cumulative 196,400; several times the peak-to-trough declines during the dotcom bubble (-79,500), Asian financial crisis (-42,100).
UNDER the Payment Services Act, a financial institution must ensure that the maximum unscheduled downtime for each critical system that affects its service to customers does not exceed a total of 4 hours within 12 months.
Singapore and Malaysia to launch VTL across the Causeway from Nov 29
THE Vaccinated Travel Lane (VTL) across the Causeway between Singapore and Malaysia, to be launched on Nov 29, will be open to citizens, permanent residents or long-term pass holders of the country they are entering.
Frasers Property scraps plan to acquire Vietnam property development company
FRASERS Property said the conditions precedent for the completion of the proposed acquisition have not been fulfilled by the long-stop date agreed by the parties.
The STI today
Singapore stocks close flat; STI dips 0.01%
THE Straits Times Index (STI) was little changed on Wednesday, ending 0.01 per cent or 0.38 points lower at 3,227.15 points.
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