Daily Debrief: What Happened Today (Apr 26)

Stories you might have missed

Singapore’s growth should strengthen to ‘around potential rate’, output gap to close by end-2024: MAS

SINGAPORE’S growth should strengthen to “around its potential rate” for 2024 as a whole, the Monetary Authority of Singapore (MAS) said on Friday (Apr 26), in a slight upgrade of its earlier expectations.

Singapore factory output reverses into negative territory in March, down 9.2%

SINGAPORE’S industrial production contracted 9.2 per cent year on year in March, dragged down by double-digit declines in the electronics and volatile biomedical clusters, data from the Singapore Economic Development Board (EDB) showed on Friday (Apr 26).

Not just fun and games: How mobile games have become big business

MOBILE games are now dominating the gaming industry, with companies finding fresh ways to milk revenue from consumers.

Singapore’s private home prices up 1.4% in Q1, rents drop by 1.9%: URA

PRICES of private residential property rose 1.4 per cent in the first quarter of 2024, figures released by the Urban Redevelopment Authority (URA) showed on Friday (Apr 26).

Indonesia’s push for regional economic integration to continue under Prabowo: Vivian Balakrishnan

CONTINUITY is expected to be key in bilateral relations between Indonesia and Singapore, as well as on the regional economic integration front, said Singapore’s Minister for Foreign Affairs Vivian Balakrishnan.

HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand

HOUSING and Development Board (HDB) resale prices rose 1.8 per cent in the first quarter of 2024, faster than the 1.1 per cent seen in the quarter before.

Mixed trading in Asia as investors watch for further macro data; STI down 0.2%

ASIA markets ended mixed on Friday (Apr 26) as investors watched for further macroeconomic data, while persistent inflation continues to weigh on concerns of higher-for-longer rates.