What's Next: Dec 20, 2016

France, Australia to ink submarine deal

Australia and France are to sign a deal today allowing French naval contractor DCNS to build a new fleet of submarines for Australia, in a deal worth A$50 billion (S$52.5 billion).

Australia's Defence Minister Marise Payne said the fleet was the "largest defence procurement programme in Australia's history".

Guide on helping those with disabilities

The steering committee for the third Enabling Masterplan will present its report and recommendations at a media conference today. This comes after a series of consultations involving over 400 members of the public over eight months.The masterplan is a blueprint to guide the development of policies, programmes, services and other support for those with disabilities.

BOJ 'likely to maintain negative rates'

The Bank of Japan (BOJ) is expected to hold its negative interest rates and 10-year government bond yield target steady at the end of its two-day deliberations today, as a weaker yen and positive overseas conditions augur well for Japan's economic prospects. Economists predict that the BOJ will maintain the minus 0.1 per cent interest rate it imposes on some excess reserves and hold the 10-year government bond yield target at around zero.

A version of this article appeared in the print edition of The Straits Times on December 20, 2016, with the headline 'What's Next'. Print Edition | Subscribe