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Month: January 2025

Posted on 10/01/2025

Singapore tops global innovation ranking of over 70 countries

Rounding out the top five innovative countries were the US, New Zealand, Sweden and Switzerland. Read more at straitstimes.com.

Posted on 10/01/2025

Red-Hot Singapore Index Has Room to Run on Global Uncertainties

Stocks were supported by by a resurgence in the city’s heavyweight bank stocks in a time of higher-for-longer global interest rates.

Posted on 10/01/2025

Condo concierge allegedly made off with over $47k of residents’ money, stole items worth more than $2m

SINGAPORE - A senior concierge, accused of misappropriating nearly $47,700 in cash earlier collected from a condominium's residents, is also said to have stolen valuables worth over $2 million from a ... ( read original story ...)

Posted on 10/01/2025

Singapore Shares Called Rangebound On Friday

The Singapore stock market on Thursday ended the five-day winning streak in which it had climbed more than 100 points or 1.5 percent.

Posted on 10/01/2025

Singapore shares tumble at the open on Friday; STI down 0.9%

SINGAPORE equities began Friday (Jan 10) in negative territory, driven by losses in banking stocks. European markets gained overnight and US markets closed for a day. Read more at The Business Times.

Posted on 10/01/2025

Singapore has a unique idea for tourism: Focus on your mental health

The country is centering its therapeutic gardens, which were designed with the needs of neurodiverse children and visitors with autism or dementia in mind.

Posted on 10/01/2025

PropNex reports hefty 44% drop in luxury landed property sales volume

PropNex attributed the sharp decline to a range of factors, including a mismatch in price expectations between buyers and sellers. ( read original story ...)

Posted on 10/01/2025

With consumer demand diverted overseas, Singapore retailers see another tough year ahead

SINGAPORE retailers expect another tough year as consumer demand may be dampened or diverted in 2025. Read more at The Business Times.

Posted on 10/01/2025

5 key sectors set to benefit from the Johor-Singapore SEZ deal

The agreement aims to attract 100 projects over the next decade. The Johor-Singapore Special Economic Zone (SEZ) agreement is to benefit banking, gaming, industrials, technology, and ...

Posted on 10/01/2025

Singapore authorities detain 3 self-radicalised men planning overseas violence

Singapore's Internal Security Department (ISD) has detained three men who were allegedly self-radicalised online, triggered by the ongoing Israel-Hamas conflict, and had made preparations to engage in ...

Posted on 10/01/2025

Singapore news veteran sued over S$990,000 loan said he ‘transferred’ shares in business before joining Mediacorp

SINGAPORE: Before he joined his new employer Mediacorp, Chinese news veteran Chua Chim Kang signed an agreement to transfer his shares in an education company to his business partner, Lee Kuan Fung.

Posted on 10/01/2025

Singapore Banks Back Police Controls on Accounts to Avert Scams

Banks in Singapore support a new law that will allow the police to control accounts of holders who they suspect to be scam targets, the city-state’s latest effort to tackle a surge in cases.

Posted on 09/01/2025

Micron to invest $7bn in Singapore to meet AI-driven memory chip demand

The US semiconductor company has commenced construction on a new high-bandwidth memory advanced packaging facility.

Posted on 09/01/2025

UOB raises Vietnamese 2025 GDP growth forecast to 7%

VOV.VN - The Singapore-based United Overseas Bank (UOB) has revised its GDP growth forecast for Vietnam in 2025 to 7%, up from the previous projection of 6%, citing strong momentum from 2024 and ...

Posted on 09/01/2025

Vietnamese economy predicted to grow 7% in 2025: UOB

The Singapore-based United Overseas Bank (UOB) has raised its GDP growth forecast for Vietnam in 2025 to 7%, up from the previous projection of 6%, given the strong momentum that carried over from ...

Posted on 09/01/2025

Investment banks expect more deal-making activity in Asia and Singapore in 2025

However, the risks include higher-for-longer interest rates and market uncertainty. Read more at straitstimes.com.

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