Daily report: what happened today, government and economy



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Mon, Nov 23, 2020 – 6:30 pm

Stories that you may have missed

Singapore’s GDP is forecast to contract between 6% and 6.5% in 2020; expected rebound next year: MTI

GDP is projected to grow between 4% and 6% in 2021, as the world’s major economies rebound from the economic disruption of the Covid-19 pandemic and rebound from this year’s low base.


Headline Singapore, core inflation falls in October after two months of marginal increases

Both headline and core inflation in SINGAPORE took a deflationary turn in October to -0.2%, after two months of marginal increases.


Enterprise Singapore updates 2020 forecast for domestic non-oil trade and exports

SINGAPORE authorities improved their full-year projection for total merchandise trade and national non-oil exports (NODX) on Monday, as the Republic’s total merchandise trade in the third quarter continued to contract, but at a slower pace. slow.


One-third of Singaporeans face difficulties repaying home loans: survey

COVID-19 has put pressure on the financial health of Singaporeans, affecting their ability to pay off their home loans and reducing their passive income, according to the latest OCBC survey.


SingPass authentication required to redeem SingapoRediscovers coupons: STB

THE SingapoRediscovers coupons can be redeemed online through five authorized booking partners: Changi Travel Services (also known as Changi Recommends), GlobalTix Klook and UOB Travel Planners (as members of the consortium), Traveloka and Trip.com.


MAS to fund banks with up to 25 billion yuan to support offshore renminbi market

The Monetary Authority of Singapore (MAS) said on Monday that it will provide up to 25 billion yuan (S $ 5.1 billion) of financing to banks in Singapore, in an effort to deepen the liquidity of the RMB and strengthen its ability to meet the rising renminbi (RMB). business needs of customers in Singapore and the region.


ITS today

STI rises 1.27% as economic data show signs of recovery

THE Straits Times Index (STI) ended the day at 2,848.78 points, an increase of 35.77 points or 1.27 percent.



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