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Month: March 2025

Posted on 26/03/2025

Singapore February manufacturing output falls 1.3% y/y, electronics and pharma lead decline

Singapore's manufacturing output in February fell 1.3% from the same period a year earlier, bucking expectations of growth due mainly due to a steep decline in the biomedical sector, official data ...

Posted on 26/03/2025

Singapore’s factory output turns negative with 1.3% fall in February, missing estimates

SINGAPORE] The country’s manufacturing output fell 1.3 per cent year on year in February, breaking its seven-month expansion streak after the biomedical and electronics clusters fell into contraction.

Posted on 26/03/2025

Trust Bank launches money lock anti-scam feature

Trust Bank’s Trust Lock allows customers to lock up funds in a sub-account -Savings Pot - within the bank app. They can create and lock up to five Savings Pots, which continue to earn interest and ...

Posted on 26/03/2025

Singapore and Vietnam ink deal to expand Asean power grid links

Singapore and Vietnam signed a Letter of Intent (LOI) today to enhance cooperation in cross-border electricity trade for the Asean Power Grid, exploring ...

Posted on 26/03/2025

Checkpoint Theatre’s Statement Piece asks if Singapore is ready for shocking art

SINGAPORE – Asked for an example of a work of art that has shocked him, playwright Myle Yan Tay reaches back to the Renaissance. The Dutch master of inventive hellscapes, Hieronymus Bosch, has an ...

Posted on 26/03/2025

Singapore, Vietnam sign five agreements across digital development, people ties, electricity trade

The two prime ministers on Wednesday (Mar 25) highlighted the impact of the Vietnam-Singapore Industrial Parks, and said that the project would be elevated moving forward.

Posted on 26/03/2025

Singapore property tycoon Ong Beng Seng to plead guilty at later date; time needed to obtain his medical reports

SINGAPORE: Property tycoon Ong Beng Seng will plead guilty at a later date in the case linked to former transport minister S. Iswaran, after his lawyers asked for more time to obtain his medical ... ( read original story ...)

Posted on 26/03/2025

OCBC Group CEO Helen Wong’s Pay Rises to S$12.8M as Bank Posts Record Profit

OCBC Group CEO Helen Wong saw her pay increase by 5.8 percent to S$12.8 million for the financial year ended December 2024.

Posted on 26/03/2025

Singapore’s incentives for electric heavy vehicle will kickstart adoption, but timing a concern: industry players

Charger and vehicle subsidies effective for most heavy vehicles, but 2026 starting date will mean slow sales in 2025 ...

Posted on 26/03/2025

Singapore, Vietnam businesses ink agreements in areas such as electricity trade, QR payments

HANOI] Singapore and Vietnam on Wednesday (Mar 26) exchanged five agreements on cooperation in areas such as cross-border electricity trade and QR payments, in a ceremony witnessed by Prime Minister ...

Posted on 26/03/2025

Macrovalue’s S$125m bet: Why Singapore Cold Storage and Giant are worth every cent, say new Malaysian owner

DFI Retail Group’s decision to divest its Singapore supermarket business has paved the way for Malaysia’s Macrovalue to expand its presence in the sector in the island nation. The privately owned firm ...

Posted on 26/03/2025

Singapore jails man who pressured 13-year-old girl into adult photo shoot

Details of Tnee Chin Kiat’s offences only came to light after he was arrested for approaching an 11-year-old girl to also model for him.

Posted on 26/03/2025

Viral video of Jack Sim criticising Singapore’s toilet hygiene policies sparks renewed public debate

A video of sanitation advocate Jack Sim lamenting government inaction on dirty coffee shop toilets in Singapore has gone viral, reigniting public discussion over hygiene, enforcement, and the ...

Posted on 26/03/2025

Groww in talks to rack up pre-IPO funding at $6.5 billion valuation

Singapore’s sovereign wealth fund GIC, existing investor Tiger Global tapped, according to sources in the know. Groww, which started as a direct mutual funds distributor, is currently the largest ...

Posted on 26/03/2025

‘Keep pivoting’: Piyush Gupta hands over Singapore’s biggest bank after 16 years

In his 16 years in charge of Singapore’s biggest bank, DBS chief executive Piyush Gupta has had to steer through technological disruption, the aftermath of the global financial crisis and the overhaul ...

Posted on 26/03/2025

Singapore companies risk exposure amid poor AI readiness, warns industry report

SINGAPORE: Singapore’s business landscape faces mounting risks as many companies remain unprepared for the integration of artificial intelligence (AI) into th ...

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