Daily Debrief: What Happened Today
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MAS off-cycle move does not rule out further tightening in April, GST hike soon: economists
THE surprise off-cycle tightening of policy by the Monetary Authority of Singapore (MAS) does not preclude further moves in April, nor does the higher-than-expected inflation mean that the anticipated Goods and Services Tax (GST) hike will have to be delayed, said economists.
Singapore hotel revenues down 20.9% year on year to S$979.6m in 2021 despite Dec bump
HOTEL industry room revenues fell by 20.9 per cent year on year in 2021, easing from the 70.5 per cent drop in the year before, according to the latest figures from the Singapore Tourism Board (STB).
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THE conclusion of 3 longstanding bilateral issues between Singapore and Indonesia demonstrates the "strength and maturity" of the relations between the 2 countries, said Prime Minister Lee Hsien Loong on Tuesday (Jan 25).
Sea invests in Singapore motion-capture gaming startup Refract's S$8.5m round
REFRACT, a Singapore-based startup working on motion-capture technology for gaming, has raised S$8.5 million in a Series A round anchored by New York-listed Sea. Other backers include international family offices and individual investors.
3 Singapore investment themes to enrich the Year of the Tiger
TRUE to its name, the Year of the Ox was bullish for the Singapore stock market. Our bellwether Straits Times Index (SGX: ^STI) rose by 9.8 per cent, making it the third-best performer in Southeast Asia.
Twitter to double headcount at engineering centre in Singapore by 2023
TWITTER will double the number of engineers it hires at its Asia-Pacific engineering centre to over 100 staff by 2023, the social media platform said on Tuesday (Jan 25).
The STI today
Asia stocks extend losses on fears over Fed rate hike, Ukraine tensions; STI down 1%
CONCERNS over the Federal Reserve's imminent rate hike and fears over Russia's troop build-up at the Ukrainian border drove Asian equity markets further into the red at the closing bell on Tuesday (Jan 25).
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