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Month: January 2025

Posted on 03/01/2025

Singapore business sentiment improves for 2025; manpower costs, uncertain demand still top concerns

SINGAPORE businesses are more positive on the economic outlook for this year, even as rising manpower costs and demand uncertainty remain as key concerns, based on the annual national business survey ...

Posted on 03/01/2025

Singapore equities market: Review group studying how to tap seed money, get growth firms to list

Singapore is looking at how to strengthen its equities market by attracting more private investment and getting companies with high potential to grow fast, like those in fintech and sustainability, to ...

Posted on 03/01/2025

Singapore’s manufacturing PMI continues to rise in December

Singapore: Singapore s Purchasing Managers Index (PMI), a key early indicator of manufacturing activity, edged up by 0.1 points in December to ...

Posted on 02/01/2025

S’pore’s manufacturing sector seen to continue expanding despite mixed regional outlook

December marks the 16th consecutive month of growth for the overall manufacturing PMI. Read more at straitstimes.com.

Posted on 02/01/2025

Singapore’s PMI hits six-year high in December, edges up 0.1 point

SINGAPORE’S overall factory activity hit a six-year high in December, marking the 16th consecutive month of expansion. Read more at The Business Times.

Posted on 02/01/2025

Police coast guard intercepts 2 Indonesian fishing vessels in Singapore waters on Christmas Eve

The two Indonesian vessels were intercepted to stop them from encroaching further into Singapore waters. Read more at straitstimes.com.

Posted on 02/01/2025

Understanding Allergy Tests in Singapore: A Comprehensive Guide

Allergies affect millions of people in Singapore, impacting daily life and overall well-being. Identifying allergens through testing is crucial for effective management, especially in a city where environmental factors and dietary habits can trigger allergic reactions.

Posted on 02/01/2025

Singapore private residential property prices up 2.3% in Q4 2024, annual growth lower than in 2023

Non-landed private property prices rose across all regions in the fourth quarter, boosted by strong demand for new launches and a rebound in demand. Overall, non-landed property prices climbed 3.2 per ... ( read original story ...)

Posted on 02/01/2025

Singapore public housing resale prices rise 9.6% in 2024

Resale public housing prices in Singapore, one of the world's most expensive cities, rose by 9.6% in 2024, according to preliminary government data released on Thursday. Eight out of 10 of citizens ... ( read original story ...)

Posted on 02/01/2025

Best Fixed Deposit Rates in Singapore (Jan 2025)—Rates Up To 3.05%, Minimum Deposits From $500

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...

Posted on 02/01/2025

Singapore’s economy grew 4.3% in 2024, outperforming expectations, but challenges loom for 2025

SINGAPORE: Singapore’s economy outperformed expectations in 2024, but economists are warning that 2025 could be more challenging. According to the Ministry of Trade and Industry (MTI), the economy ...

Posted on 02/01/2025

Getting notes for CNY hongbao: Bookings start on Jan 7

From Jan 14, hongbao notes can be withdrawn without booking at selected pop-up and branch ATMs. Read more at straitstimes.com.

Posted on 02/01/2025

OCBC and Oxford Economics lower 2025 GDP forecast on high base; some analysts expect monetary easing to happen this year

Oversea-Chinese Banking Corporation’s (OCBC) Selena Ling has lowered her growth forecast for Singapore’s GDP in 2025 to 2.2% y-o-y from 2.7% y-o-y due to the high base from Singapore’s performance in ...

Posted on 02/01/2025

Pre-booking of CNY 2025 bank notes starts Jan. 7, collection at DBS, OCBC, UOB: MAS

Here are the ways you can get hold of the notes if you're a DBS, OCBC, or UOB bank member: Pre-booking for collection at bank branches: Online pre-booking is required, from Jan. 7. Collection of ...

Posted on 02/01/2025

EY calls for innovation advancement support, tax system tweaks in its Budget 2025 wish list

PROFESSIONAL services firm EY called for more support for the whole-of-nation advancement in research, innovation and digital economy, as well as the maintenance of a relevant tax system in its Budget ...

Posted on 02/01/2025

Market watchers less bullish on Singapore stocks this year

Economists said this year is likely to be less smooth sailing than 2024, with demand from major trading partners directly impacting Singapore's export-reliant economy.

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