DBS Group has appointed Rajat Verma as CEO of DBS Bank India, effective March 1. He succeeds Surojit Shome, who retires in February. Verma, currently heading institutional banking, will join DBS' ...
Singapore Growth Beats Estimates as PM Wong Flags Global Risks
Singapore’s Prime Minister Lawrence Wong said the country’s economy performed better than expected in 2024, building a strong foundation for the city state to confront a more complex international ...
Singapore economy grew 4% in 2024; government will continue to cushion impact of cost-of-living increases: PM Wong
SINGAPORE’S economy grew by 4 per cent for the whole of 2024, exceeding the most recent official forecast of an expansion of around 3.5 per cent. Read more at The Business Times.
Upgraded China-Singapore free trade pact takes effect, will enhance market access for businesses
SINGAPORE: China and Singapore have upgraded a 15-year-old free trade deal to further open up their markets to investors and services suppliers on both sides, and expand cooperation in telecom ...
Singapore stocks lower on last trading day of the year; STI up 16.9% in 2024
On the STI, Singapore Exchange was the top gainer, rising 1.5 per cent to $12.74. Read more at straitstimes.com.
New laws punishing misuse of Singapore SIM cards to come into effect on Jan 1
Criminal syndicates have turned to local SIM cards to get around measures to block overseas scam calls and SMSes. Read more at straitstimes.com.
New Year countdown parties, fireworks: Top spots in Singapore to usher in 2025
SINGAPORE: Singaporeans will be able to usher in the new year and join in celebrations counting down to the nation’s 60th birthday at key places such as Marina Bay and Sentosa as well as 17 heartland locations on Dec 31.
Singapore stocks traded lower before the new year—STI fell 0.4%
In the broader market, 69 stocks fell while 15 gained, with 33.6 million securities valued at S$28.3 million traded ...
Vietnam’s GDP predicted to surpass Singapore’s in 2029
Vietnam’s GDP is forecast to hit $450 billion in 2024, placing it 34th globally, according to the UK-based Centre for Economics and Business Research (CEBR).
Singapore Introduces Criminal Penalties for SIM Card Misuse in Anti-Scam Push
Under the new regulations, individuals can be held legally responsible if they have reasonable grounds to believe their SIM cards would be used to commit or facilitate crimes. Violations can result in ...
Singapore to increase minimum salary requirement for foreign workers in 2025
Singapore is increasing the qualifying salary for S Pass applications, requiring foreigners to meet a higher threshold for work visas.
Singapore Only Charts 4 IPOs This Yr, Setting 10Yr+ Low
Only four IPOs were listed in Singapore in the whole year of 2024, setting an all-time low of more than a decade and raising about US$31 million, the Financial Times reported. The number of listed ...
Singapore shares retreat at Tuesday’s open; STI down 0.4%
SINGAPORE stocks started trading in negative territory on Tuesday (Dec 31) morning, mirroring overnight losses in global markets. Read more at The Business Times.
In Singapore, tougher laws target SIM card scams, jail time for offenders
From January 1, individuals who misuse SIM cards for criminal activities in Singapore face tougher penalties, including up to three years in jail or a fine of up to S$10,000 (RM32,815). The Straits ...
Starting a start-up: Will 2025 be a year of growth for Singapore’s start-up scene?
The funding landscape is poised to be buoyant, with expected rate cuts and investments targeting South-east Asia. Read more at straitstimes.com.
When the heat races ahead, sports enthusiasts need stronger safeguards to keep pace
Singapore is expected to experience an increase in ambient heat and humidity in the near future. Read more at straitstimes.com.