The Monetary Authority of Singapore forecast headline inflation to average 1.5%–2.5% in 2025, compared to 2.4% in 2024.
Singapore’s core inflation falls to 0.6% in February, lowest in nearly four years
SINGAPORE: Singapore’s core inflation fell to 0.6 per cent year-on-year in February, a near four-year low, official figures showed on Monday (Mar 24). This is down from 0.8 per cent in January and the ...
Cold Storage, Giant supermarket chains in Singapore to be acquired by Malaysian company in S$125m deal
SINGAPORE: Cold Storage Singapore, the country’s oldest supermarket chain, will be bought over by Malaysian retail group Macrovalue in a deal that is worth S$125 million (US$93 million).
DFI Retail Group sells Singapore food business, including Cold Storage and Giant, for S$125 million to Macrovalue
SINGAPORE] Supermarket and retail store operator DFI Retail Group on Monday (Mar 24) announced the divestment of its Singapore food business to South-east Asian retail conglomerate Macrovalue ...
Macrovalue to acquire Cold Storage and Giant supermarkets in Singapore for S$125 million
Malaysian retail group Macrovalue will acquire all Cold Storage and Giant supermarket outlets in Singapore for S$125 million, taking over 89 stores and two distribution centres. DFI Retail Group will ...
JP Morgan prefers DBS, downgrades UOB to neutral
JP Morgan downgrades UOB to neutral, prefers DBS for its yield, cautious on Indonesia, but more positive on Thailand ...
Singapore to double down on trade, international cooperation, amid maritime sector headwinds: SM Lee
SINGAPORE] Rather than turn away from trade and partnerships, Singapore must double down and stay open by supporting international cooperation, strengthening itself as a regional and global hub, and ...
Banking Circle’s BC Payments Gets In-Principle Nod for Payment License
BC Payments has received in-principle approval from the Monetary Authority of Singapore for a Major Payment Institution (MPI) license.
Stocks to watch: UOB, SIA, Nio, Starhill Global Reit
SINGAPORE] The following companies saw new developments that may affect trading of its securities on Monday (Mar 24). Read more at The Business Times.
Singapore has installed an art gallery deep in the ocean
Singapore installs the world’s deepest art gallery 7,000 meters below sea level, blending science and culture near the Mariana Trench.
SGX delistings: The inevitable shift in an evolving market
Over in the United Kingdom, the London Stock Exchange saw 88 delistings in 2024 versus only 18 new entrants, the most significant net outflow of firms since the US sub-prime crisis of 2008. According ...
Temasek-backed 65 Equity Partners sees global firms as possible source for IPO pipeline
SINGAPORE] Compared with stock exchange peers in South-east Asia, Singapore is an attractive listing destination for global firms, and does not solely depend on domestic companies for initial public ...
Confidence among small businesses in Singapore rises
Business sentiment among small businesses in Singapore reached a five-year high in 2024, with a positive outlook expected to continue into 2025. Cybersecurity health improved. Sharp decline in ...
Richard Mansell wins first DP World Tour event in Singapore
Mansell of England claimed his first DP World Tour title Sunday when he two-putted from about 100 feet for birdie on the 18th hole ...
A long way from Singapore, some couples in mid-career are making long trips work
They talk about what they experienced during overseas trips lasting from a few months to a year. Read more at straitstimes.com.
Cost pressures are global but in Singapore, government can provide help: PM Wong
Prime Minister Lawrence Wong's Aljunied GRC stop was part of previously announced constituency visits islandwide.