Daily Debrief: What Happened Today (Apr 12)

Stories you might have missed

Singapore economy grows 2.7% year on year in Q1, but just 0.1% sequentially

SINGAPORE’S economy grew 2.7 per cent year on year in the first quarter of 2024, improving from the previous quarter’s 2.2 per cent growth, advance estimates from the Ministry of Trade and Industry (MTI) showed on Friday (Apr 12).

MAS stands pat at April monetary policy review, as expected

SINGAPORE’S central bank left its monetary policy settings unchanged in April, extending the pause for the fourth straight meeting, in line with market expectations.

Singapore, France to work at elevating ties to Comprehensive Strategic Partnership

SINGAPORE and France will work towards elevating relations to a Comprehensive Strategic Partnership (CSP), ahead of the 60th anniversary of their diplomatic ties in 2025.

Nuclear power debate heats up in South-east Asia

COULD nuclear energy power South-east Asia? This question has been reignited in the wake of energy security fears, climate change and scientific progress.

Singtel, Viettel to develop Singapore-Vietnam submarine cable system

SINGTEL and Vietnam’s largest telecommunications company Viettel have signed a memorandum of understanding (MOU) to plan and develop a submarine cable system that directly connects Vietnam and Singapore.

Singapore stocks end week in red; STI down 0.3%

SINGAPORE shares ended a shortened trading week – due to a mid-week public holiday – with losses on Friday (Apr 12), after Singapore’s central bank left its monetary policy settings unchanged for the month.