Daily Debrief: What Happened Today (Sep 22)
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Singapore aims for 3-4% growth, with push into new industries, tech: DPM Gan
[SINGAPORE] Singapore aims for economic growth of between 3 and 4 per cent – or higher in “very good years” – despite challenges ahead, said Deputy Prime Minister Gan Kim Yong in Parliament on Monday (Sep 22).
Mapletree Investments offloads Melbourne office building for over A$90 million, at steep discount
Temasek-owned real estate group Mapletree Investments has divested a Grade A office building in Melbourne, Australia, to retail billionaire Solomon Lew for over A$90 million, at a price almost 38 per cent under its reported acquisition price.
Fire sale of sought-after fund raises alarm over Asia private equity slump
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At a time when private equity players in South-east Asia should be thriving amid the perceived decline of US exceptionalism, they are instead weathering one of the harshest capital winters in recent memory, as investors remain on the sidelines – India and Japan standing out as rare exceptions.
CPF 4% interest rate floor for Special, Medisave, Retirement accounts extended till Dec 31, 2026
The government said on Monday that it has extended the 4 per cent interest rate floor for interest earned on all Special, MediSave and Retirement Account monies for another year.
Singapore tables Bill for sustainable aviation fuel levy, fund and central procurement
Laws will be amended to implement previously announced policies on sustainable aviation fuel from 2026, including a levy, fund and central procurement, under a Bill tabled on Monday.
Singapore stocks slip on Monday as US futures fall; STI down 0.1%
Local stocks inched down on Monday, as declining American indices are set to open lower, in line with falling US futures.
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