Daily Debrief: What Happened Today
Stories you might have missed
Singapore sees lowest total employment growth since 2003: MOM
Local employment in Singapore grew modestly in 2016, while foreign employment contracted, the Ministry of Manpower said on Thursday.
Singapore's December factory output surges 21.3% year-on-year
Singapore's manufacturing output surged 21.3 per cent year-on-year in December, posting its best monthly performance in two years, data from the Economic Development Board showed on Thursday.
Rise in resident unemployment, redundancies in Singapore a concern: NTUC
The increase in resident unemployment and redundancies in Singapore is a concern, NTUC Assistant Secretary-General Patrick Tay posted on Facebook following the advance release of the 2016 labour report.
URA private home price index slips 0.5% q-o-q in Q4 2016; rental index also slides
The Urban Redevelopment Authority's price index for private homes fell 0.5 per cent in the fourth quarter of 2016 over the previous quarter. This was a smaller decline compared with the 1.5 per cent quarter-on-quarter drop in Q3 2016.
Office, retail rents down over 8% in 2016; office vacancies jump to 11.1%: URA
Rents and prices of commercial space in Singapore fell by a faster clip in 2016 compared to 2015, with office vacancies shooting up to a four-year high since Q1 2012.
Corporate Earnings
The STI Today
Singapore shares close 11.84 points higher on Thursday
Bouyed by US President Donald Trump's pro-growth agenda, Singapore shares closed 11.84 points or 0.39 per cent higher at 3,051.78, led by DBS Bank, Singtel and OCBC Bank.
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Economy & Policy
Social cohesion, long-term planning, political stability are imperatives for Singapore: PM Lee
Singapore’s industrial harmony cannot be taken for granted: Ng Chee Meng
Singapore’s employment growth eases in Q1, as tighter foreign worker quotas kick in for construction firms
US-Singapore FTA marks 20 years: a bridge ‘at the right place, right time’
Daily Debrief: What Happened Today (Apr 30)
Biden’s ‘worker-centred trade policy’ involves building ‘tripartism’: US trade chief