Daily Debrief: What Happened Today (May 28)

Stories you might have missed

Singapore’s real wages rise at faster rate of 3.2% in 2024; more firms give salary bumps: MOM

[SINGAPORE] Real wage growth in Singapore rose at a faster pace of 3.2 per cent in 2024 as nominal wage growth outpaced inflation, data from the Ministry of Manpower (MOM) showed on Wednesday (May 28).

Government may remove 15-month wait-out period when HDB resale prices begin to moderate: Chee Hong Tat

[SINGAPORE] The government may review or remove the 15-month wait-out period imposed on private property owners seeking to downgrade, when prices of resale flats begin to moderate, said Minister for National Development Chee Hong Tat on Wednesday (May 28).

Two in five businesses expect economy to worsen in the year ahead: SBF survey

BT in your inbox

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

Sign Up

Sign Up

[SINGAPORE] Business outlook has weakened considerably amid growing uncertainty, based on a Singapore Business Federation (SBF) survey released on Wednesday (May 28).

Singapore Savings Bond demand falls short; 10-year average return drops to 2.56%

[SINGAPORE] The latest Singapore Savings Bond (SSB) allotted on Wednesday (May 28) saw applications fall short of the S$500 million offered, with the 10-year average return dropping from the previous tranche.

CapitaLand Ascendas Reit to buy Tai Seng data centre, Science Park building for S$700.2 million

[SINGAPORE] CapitaLand Ascendas Real Estate Investment Trust (Clar) has entered conditional agreements to acquire two prime properties to expand its portfolio in Singapore, particularly in the technology sector, the manager said on Wednesday (May 28).

Singapore shares buck regional trend; STI up 0.4%

[SINGAPORE] Shares on the Singapore bourse ended higher on Wednesday (May 28), even as other regional markets languished in the red.