Daily Debrief: What Happened Today

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Singapore GDP up 3.8% in 2022 as Q4 growth moderates to 2.2%: flash estimates

SINGAPORE’S economy expanded 3.8 per cent year on year in 2022, with growth in the services sector helping to offset sluggish performance in the manufacturing sector, according to advance estimates from the Ministry of Trade and Industry (MTI) on Tuesday (Jan 3).

Government exploring more measures in Budget 2023 to support Singaporeans

THE government is looking at additional measures in this year’s budget to help Singaporeans cope with rising prices and inflation, said Deputy Prime Minister (DPM) and Minister for Finance Lawrence Wong on Tuesday (Jan 3) at the launch of the Community Development Council (CDC) voucher scheme.

Market cap of Singapore stocks dips 0.4% in December as investors turn risk-off

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CONSUMER counters and those capitalising on China’s reopening were the top performers in December, but the last month of the year registered a 0.4 per cent dip in market capitalisation for Singapore stocks to S$827.1 billion.

Private home price rise slows to 0.2% in Q4 as suburban prices drop; 2022 chalks up increase of 8.4%

PRIVATE residential property prices inched up 0.2 per cent in the fourth quarter of 2022 after growing 3.8 per cent in the third quarter, the Urban Redevelopment Authority (URA) flash estimates show.

Frustrations abound as delays in condo completions persist post-pandemic

WHEN Sabrina Tan first bought her one-bedroom condo at the then newly-launched The Tre Ver residential project, she did not think that it would take four years, two postponements and countless frustrations before she could collect the keys to her home.

Sats directors recommend shareholders vote in favour of WFS acquisition at EGM on Jan 18

SATS will be holding its extraordinary general meeting (EGM) on Jan 18 for shareholders to vote on the proposed acquisition of air cargo handler Worldwide Flight Services (WFS).

The STI today

Singapore stocks start the year mixed; STI down 0.2%

SINGAPORE shares traded mixed on Tuesday (Jan 3), the first trading day of the year, after a volatile 2022.