Daily Debrief: What Happened Today

Stories you might have missed

Masks no longer mandatory, Covid-19 border measures removed as Singapore enters Dorscon Green

MASK-WEARING will no longer be legally mandated in Singapore, even in public transport and healthcare settings, as the city-state lowers its Disease Outbreak Response System Condition (Dorscon) level to green. Remaining Covid-related border measures will also be removed.

Singapore scores record high of S$22.5b in fixed asset investment commitments in 2022

SINGAPORE secured a record S$22.5 billion in fixed asset investment (FAI) commitments in 2022, up from the previous year’s S$11.8 billion. However, the Economic Development Board (EDB) does not expect the same level of investment inflows this year in view of global macroeconomic uncertainties, increased competition for investments, and the sharp semiconductor slowdown.

Economic cooperation a ‘key pillar’ of Singapore-Vietnam ties: PM Lee

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SINGAPORE has been Vietnam’s top source of foreign investment for the last three years – which reflects the Republic’s confidence in the Vietnamese economy and the opportunities it offers, said Prime Minister Lee Hsien Loong on Thursday (Feb 9).

Singapore’s median household income edges up 0.2% in real terms in 2022, amid high inflation

SINGAPORE’S median monthly household income from work rose by a marginal 0.2 per cent in real terms in 2022 for resident employed households, just keeping ahead of high inflation, according to a Singapore Department of Statistics (Singstat) report on Thursday (Feb 9).

Temasek prices 4-year euro bonds at 3.25% and 10-year bonds at 3.5%

STATE-OWNED investor Temasek has priced its four-year and 10-year euro bonds at 3.25 per cent and 3.5 per cent, respectively.

HDB resale prices accelerate in Jan as million-dollar deals surge by 42%: SRX, 99.co

PRICES of resale Housing and Development Board (HDB) flats rose again in January this year, gaining an average of 1.4 per cent compared with December last year, according to flash figures released by SRX and 99.co on Thursday (Feb 9).

Corporate Earnings

• SGX posts 30.1% rise in H1 profit to S$284.6 million

• Manulife US Reit’s H2 DPU drops 10.3% to US$0.0236

The STI today

Local shares end Thursday in the red; STI down 0.9%

THE further easing of pandemic-related restrictions in Singapore did little to quell local traders’ worries about inflation levels and the slew of upcoming corporate financial results announcements.