Daily Debrief: What Happened Today
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Singapore's GDP up 7.2% in 2021; strong Q4 growth brings upside risks to 2022 forecasts
IN the year ahead, high vaccination rates should support further reopening and lessen the risk of disruptive restrictions, while the recovery broadens across the services sectors, said economists.
Private home prices climb 5%, HDB resale prices up 3.2% in Q4 2021: flash data
THE private residential property index and the HDB resale price index both rose for the seventh straight quarter in Q4 2021, and at a quicker pace than in the previous 3 months.
MAS, CAD investigating online trading platform Samtrade FX; 3 arrested
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SAMTRADE FX is being looked into for potential offences under Section 82 of the Securities and Futures Act, which prohibits any person from carrying on a business in any regulated activity without a CMS licence.
mm2 Asia's deal with Kingsmead Properties for sale of cinema business falls through
KINGSMEAD said uncertainty surrounding the Omicron variant has dampened investor appetite "for the moment", though it acknowledged that the cinema business in Singapore and worldwide has shown a strong turnaround in recent months.
CDW wins contract from Razer-backed Loupedeck, reports recovery in 2021
THE Japanese-managed precision components specialist noted Loupedeck Live's popularity among video content creators.
The STI today
STI closed 0.34% higher on first trading day of the year
THE Straits Times Index (STI) saw an uptick of 10.57 points or 0.34 per cent to 3,134.25 points on Monday (Jan 3) - the day that Singapore reported robust gross domestic product performance for last year.
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