Daily Debrief: What Happened Today

Stories you might have missed

Ukraine crisis, inflation fears fuel market chatter about early central bank action

WITH inflation fears worsening as war rages in Ukraine, some economists have speculated that Singapore's central bank could make an early or off-cycle monetary policy move ahead of its April meeting.

S$500m in aviation support as Singapore aims to get Changi passenger volume back to 50% of pre-Covid level this year SINGAPORE is committing another S$500 million to tide the beleaguered aviation sector over its gradual recovery from the pandemic's economic impact, with relief in the form of continued wage support, fee rebates and funds to encourage transformation.

Changi Airport Group announces subsidiary's exposure to Russia CHANGI Airport Group (CAG) has an interest in several Russian airports through its wholly-owned subsidiary Changi Airports International (CAI), the group disclosed in a bourse filing on Wednesday (Mar 9).

Hillview residential development site up for sale with S$255.4m reserve price A TOTAL of 23 terrace factories in Hillview, including 14 units whose previous tender was withdrawn 2 months ago, have been put on the market.

Singapore outlines blueprint for maritime decarbonisation SINGAPORE is intensifying its decarbonisation efforts in the maritime sector, with the unveiling of a blueprint that sets out strategies and goals to be achieved by 2050 and at least an additional S$300 million to support these initiatives.

Corporate Earnings

• Prudential operating profit up 16% to US$3.2b
• Top Glove Q2 net profit dives 97% to RM87.5m, no dividend proposed

The STI today

Singapore stocks rebound on Wednesday; STI up 1.5%

THE Straits Times Index (STI) reversed from losses earlier in the week to close 1.5 per cent or 46.52 points higher at 3,195.38 points on Wednesday (Mar 9).