Daily Briefing: Economists trim economic growth forecast yet again; Singapore moves up global rankings of most expensive cities for expats

And here's what you need to know about corporate bonds in Singapore.

Private economists have trimmed, yet again, the outlook for Singapore's economic growth. They expected Singapore's economy would grow just 1.5 percent in 2017 on average, down from the September survey's forecast for 1.8 percent and the June survey's projection of 2.1 percent. Read more here.

Singapore moves up the ladder of the global rankings for the most expensive city in the world for expats. It ranked 16th in the current rankings, inching up two places from its last year's rank. Click here to check out full story.

As compared to government bonds that are issued by the government, local companies also issue bonds to raise capital from the financial markets. These bonds are traded on the Singapore Exchange. Click here to get to know the real deal on Singapore corporate bonds.