Syrian minister to visit China
Syria's Foreign Minister will visit China today, with Beijing looking to play a more active role in finding an end to the Syrian conflict. During his four-day visit, Syria's Mr Walid al-Moualem will meet his Chinese counterpart Wang Yi. China is heavily reliant on the region for oil, and has played host to both sides in the war. The visit follows last Friday's approval of a resolution endorsing an international road map for peace by the United Nations.
Last COE tender for 2015 closes today
The year's last tender for certificates of entitlement (COEs) will close today.
Prices ended mostly lower in the earlier tender this month, as the market cooled with the year-end school holidays. Premiums had dipped for COEs in the small and large car categories.
Consumer price index out today
Singapore's consumer price index (CPI) for November will be released today. The gauge has shown negative headline inflation for 12 straight months already, although core inflation - seen as a better gauge of everyday household expenses - has been rising on items such as education and food. In October, headline inflation fell 0.8 per cent from the same month a year ago - extending the longest stretch of deflation experienced since 2009.