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Month: January 2025

Posted on 28/01/2025

Retrenchments in Singapore fall in 2024, employment growth slows: Advance estimates

SINGAPORE: The number of retrenchments fell in 2024 compared with the year before, while employment growth slowed, according to advance labour estimates released by the Ministry of Manpower (MOM) on ...

Posted on 28/01/2025

Emma Raducanu loses three-hour slugfest to world No. 101 in Singapore as mum watches on

Emma Raducanu crashed out of the Singapore Open in the first round, going down 5-7, 7-5, 7-5 to world No. 101 Cristina Bucsa in her first match since splitting with coach Nick Cavaday.

Posted on 27/01/2025

Etiqa launches Singapore’s first takaful insurance product in years

Demand for Islamic financial products from the Middle East and Southeast Asia is growing. Etiqa Insurance Pte Ltd. has launched Singapore’s first takaful insurance product in more than a decade, as it ...

Posted on 27/01/2025

How Singapore Became the World’s Most Crypto-Friendly Country

Singapore is a leading country in crypto and blockchain technology. Its supportive regulatory environment has made the country a crypto hub.

Posted on 27/01/2025

Fintech company Pine Labs to file for IPO by mid-February

Leading fintech firm Pine Labs is gearing up to file its initial public offering (IPO) documents by mid-February. The company had recently completed the process of shifting its base from Singapore to ...

Posted on 27/01/2025

Data leak: NRIC numbers of 3,300 individuals exposed due to ‘technical issue’ at property agent regulator

CEA apologized for having disclosed the personal data and told those involved about the steps it would take in the aftermath of the leak ... ( read original story ...)

Posted on 27/01/2025

Pine Labs to file draft documents for IPO by mid-February

With the process of reverse flipping completed, Pine Labs plans to go public by August. The IPO may be a mix a fresh issue and offer for sale ...

Posted on 27/01/2025

Fewer Singapore retrenchments in 2024 than in 2023; resident employment grew, says MOM

Layoffs rose in the last quarter of 2024, but the year still closed with fewer layoffs than in 2023, and more Singapore residents in jobs.

Posted on 27/01/2025

Bank of Singapore adds six to Dubai advisory, product team

Zeena Abou Elnaja joins the bank’s investment advisory team from Julius Baer. A CFA by qualification, Elnaja has also worked with Standard Chartered Bank in the Middle East and will further strengthen ...

Posted on 27/01/2025

Experts clash over Singapore’s 2025 monetary policy amid easing inflation

Economists differ on MAS’s next move, with some expecting policy easing and others urging caution amid stable inflation and growth ...

Posted on 27/01/2025

Crypto markets steady after Trump’s first policy move

Crypto markets crept up on Friday, still holding below recent highs even after President Donald Trump ordered a new working group to draw up crypto regulations long hoped for by the industry and explore the creation of a U.

Posted on 27/01/2025

Singapore – Cross Border Power Trading In APAC.

Singapore - Cross Border Power Trading In APAC. Legal News and Analysis - Singapore - Energy & Project Finance - Conventus Law ...

Posted on 27/01/2025

Singapore’s DBS raises stake in China’s Shenzhen Rural Commercial Bank

DBS Group on Monday said it acquired an additional stake in Shenzhen Rural Commercial Bank for 1.60 billion yuan ($220.37 million), bringing its total stake in the Chinese lender to 19.40%.

Posted on 27/01/2025

Singapore’s training participation rate falls to 8-year low after peaking during Covid

SINGAPORE’S training participation rate fell to an eight-year low of 40.7 per cent in 2024, after peaking during the Covid-19 pandemic, indicated data from Labour Force in Singapore, an annual report ...

Posted on 27/01/2025

RHB, DBS maintain ‘buy’ on ESR REIT despite DPU drop

ESR REIT reported a 17% drop in its DPU for FY2024 as the REIT did not enjoy income from divested assets and as certain other properties are being redeveloped or down for asset enhancement initiatives ...

Posted on 27/01/2025

Risks and challenges in offsetting carbon tax in Singapore

Purchasers of carbon credits need to take care to ensure the integrity and quality of carbon credits purchased ...

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