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Month: February 2025

Posted on 15/02/2025

Singapore key exports eke out 0.2% growth in 2024, with 2025 forecast clouded by Trump tariffs

Enterprise Singapore in its trade review report released on Feb 14 kept its 2025 forecast for growth in non-oil domestic exports (Nodx) at 1 per cent to 3 per cent, saying the external outlook remains ...

Posted on 15/02/2025

SGX shares fall 5.8% a day after first proposed measures to boost stock market unveiled

While noting that further measures to revive the exchange have yet to be announced, Citi analyst Tan Yong Hong in a Feb 13 report nevertheless downgraded his 12-month share price target for the SGX by ...

Posted on 15/02/2025

Rats making their home at Singapore’s Bird Paradise despite cages, traps and rodenticide

Rats have made the various aviaries at Singapore's only bird park their home and have been running amok in the bird enclosures. The pests were observed feeding on food left out for birds and lurking ...

Posted on 15/02/2025

Resurgence of fake sites, posts on govt payouts that phish for victims’ bank details: Police

Victims are misled into giving personal details to claim CDC vouchers or Assurance Package payouts. Read more at straitstimes.com.

Posted on 15/02/2025

Singapore’s 2024 GDP grows by 4.4%, better than advance estimates of 4%

SINGAPORE’S economy grew 4.4 per cent in 2024, more than the advance estimate of 4 per cent, data from the Ministry of Trade and Industry (MTI) showed on Friday (Feb 14). Read more at The Business ...

Posted on 15/02/2025

Singapore voter rolls updated ahead of GE2025; public inspection open from Feb 15 to 28

This may be the last update to the voter rolls before the next general election. Read more at straitstimes.com.

Posted on 14/02/2025

Singapore’s Frasers Property bets on ‘China plus one’ with a half-billion-dollar industrial park in Thailand

Frasers Property, better known for its Singaporean malls and condominiums, is trying something else for its next project: An industrial park outside of Bangkok as it hopes to win companies trying to ... ( read original story ...)

Posted on 14/02/2025

SGX falls 6% as initial MAS review group proposals dampen earlier optimism; Citi downgrades to ‘sell’

CITI Research has downgraded its call on the Singapore Exchange (SGX) to “sell”, and revised its target price to S$11.90, as it expects the recent optimism priced into the counter’s valuation to ...

Posted on 14/02/2025

OCBC Cycle returns in May with 50% more slots for foldable bike riders

SINGAPORE: Mass cycling event OCBC Cycle will return on May 3 and May 4 with enhancements to some categories, including a 50 per cent increase in the number of slots for foldable bike riders. This is ...

Posted on 14/02/2025

Singapore economy grows 4.4% in 2024, but growth seen slowing to 1% to 3% in 2025

The slower growth is not expected to have an immediate impact on jobs and wage growth. Read more at straitstimes.com.

Posted on 14/02/2025

Most retail investors know they can invest CPF funds with more planning to do so

Despite interest in investing, a substantial 82% of respondents indicated a desire for more CPF-related investing content.

Posted on 14/02/2025

Hexaware Technologies IPO subscribed 0.37 times on Day 3; check GMP

US private equity giant Carlyle-backed company has already raised ₹2,598 crore from anchor investors like CLSA, Government of Singapore, Monetary Authority of Singapore, JP Morgan, Goldman Sachs, ...

Posted on 14/02/2025

HSBC plans new round of investment bank job cuts next week

The latest phase of cuts will start in Asia, but will ultimately affect employees globally, according to sources, who asked not to be identified discussing private matters.

Posted on 14/02/2025

OCBC Cycle returns on May 3-4 with target of 7,000 riders

OCBC Cycle, the largest mass cycling event in Singapore, will take place over the first weekend of May in what will be its 17th edition. Read more at The Business Times.

Posted on 14/02/2025

S’pore key exports eke out 0.2% growth in 2024, with 2025 forecast clouded by Trump tariffs

Though Singapore is expected to avoid direct tariffs from the US, it is vulnerable if major trading partners are affected: Analysts Read more at straitstimes.com.

Posted on 14/02/2025

SGX shares fall 5.5% a day after first measures to boost stock market unveiled

Tax incentives and measures to widen access to capital for firms were proposed on Feb 13. Read more at straitstimes.com.

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