Daily Debrief: What Happened Today

Stories you might have missed

Singapore downgrades 2020 growth forecast on virus outbreak; 2019 GDP slows to 0.7%

THE Ministry of Trade and Industry (MTI) is expecting full-year gross domestic product (GDP) growth to be between -0.5 per cent and 1.5 per cent, the ministry's permanent secretary Gabriel Lim said on Monday morning.

Singapore lowers export forecast for 2020 on Covid-19, oil price fears

YEAR-ON-YEAR change in non-oil domestic exports (NODX) is expected to range between a 0.5 per cent drop and a 1.5 per cent rise this year, trade agency Enterprise Singapore (ESG) said on Monday, down from its earlier projection of zero to 2 per cent growth.

Singapore developers sell 618 private homes excluding ECs in Jan, up 14.9% from Dec

GET BT IN YOUR INBOX DAILY

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

Sign UpVIEW ALL

THE latest figure is also 41.4 per cent higher than the 437 units developers sold in January 2019.

Brokers' take: Maybank KE downgrades Far East H-Trust to 'hold' amid virus outbreak

THE move came after the hospitality stapled group on Friday posted weaker than expected results, with its distribution per stapled security (DPS) falling 5 per cent to 0.95 Singapore cent for the fourth quarter ended Dec 31.

More Singapore insurers enhancing coverage with free Covid-19 protection

INSURERS in Singapore have over the past week rolled out free coverage initiatives, ranging from diagnosis benefits, hospitalisation coverage and death benefits, to support their customers amid the Covid-19 situation.

The STI today

Singapore shares dip 0.2% ahead of Budget 2020 THE STI finished 7.03 points or 0.2 per cent lower at 3,213.00.