Daily Debrief: What Happened Today
Stories you might have missed
Lower household electricity bills in Q1 next year as tariffs fall
ELECTRICITY bills will likely be lower next year, particularly between Jan 1 and Mar 31. Electricity tariffs will fall by an average 0.79 Singapore cent per kilowatt-hour (kWh), or 2.7 per cent, compared with the previous quarter.
China’s reopening to spur Asean growth, but equity investors may head north
THE economies of Hong Kong, Thailand, Singapore and Malaysia may benefit the most as China reopens its borders. But when it comes to equities, past Asean winners could underperform as they have become expensive relative to North Asia in 2023.
Singapore appoints first government chief sustainability officer
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THE Ministry of Sustainability and the Environment (MSE) is establishing a government chief sustainability officer (GCSO) position with effect from Jan 1, 2023, to drive the Republic’s sustainability efforts under the Singapore Green Plan 2030.
Manulife US Reit gearing a whisker shy of 50% regulatory limit after asset valuation decline
THE real estate valuation of Manulife US Real Estate Investment Trust (Manulife US Reit)‘s portfolio has fallen by 10.9 per cent to US$1.9 billion, from US$2.2 billion as at end-2021.
Dalvey bungalow fetches eye-watering S$85,000 monthly rent
LEASING demand for landed homes is still expanding in the second half of 2022 amid a “red-hot” rental market for residential homes, research by real estate agency Propnex has found.
The sweet, futile search for productivity
I’LL be the first to admit, without shame, that it was agonising having to churn this piece out.
The STI today
Local stocks end final trading session of the year largely flattish
AFTER a tumultuous year, Singapore stocks finished the last trading day of 2022 largely unchanged, as traders chose to tread with caution.
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