The total retail sales value that month was $4.3 billion. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore stocks end higher, with STI up 0.2%
Top gainer is DFI Retail Group at US$2.71; the biggest decliner is Yangzijiang Shipbuilding at $2.11 Read more at straitstimes.com. Read more at straitstimes.com.
Grab appoints Alejandro Osorio as new managing director for Singapore
SINGAPORE] Ride-hail and delivery giant Grab announced on Monday (May 5) that Alejandro Osorio has been appointed as managing director (MD) of Grab Singapore. Read more at The Business Times.
Gates Foundation to open office in Singapore – its 12th worldwide
SINGAPORE] The Gates Foundation – one of the world’s largest private philanthropic organisations – will be opening an office in Singapore, said Bill Gates on Monday (May 5). Read more at The Business ...
Singapore’s PAP Victory a Boon for Local Assets, Analysts Say
Singapore’s stocks and currency are expected to get a boost after the ruling party secured a convincing victory in Saturday’s election, according to analysts.
As T-bill, SSB yields fall, here’s where to invest for higher yields: analysts
SINGAPORE] Yields are steadily declining, which is bad news for investors looking for a safe corner to park their cash. Read more at The Business Times.
Can New Delhi stop Islamabad from circumventing trade ban? Pakistan sending goods to India via UAE, Singapore
Pakistan is also trying to export goods to India via Sri Lanka and Indonesia by relabelling the packages. Indian customs department has begund monitoring and identifying goods that have undergone orig ...
Industry alliance launches in Singapore to spur Asia’s green jet fuel uptake
Despite ramped-up production, regional demand for sustainable aviation fuel has lagged. A new initiative by Temasek-owned GenZero aims to rally Asian players to close the gap through the use of a ...
9 Best Personal Loans in Singapore with Lowest Interest Rates (May 2025)
If you’re in urgent need of money, but are too paiseh to borrow from your family and friends, your best bet is probably a personal loan. With a personal loan, you borrow cash from a bank or financial ...
Singapore GE2025: WP chief Pritam Singh to remain Leader of the Opposition, says PM Wong
SINGAPORE: Workers' Party chief Pritam Singh will remain the Leader of the Opposition with staff and resources to carry out his duties, said Prime Minister Lawrence Wong.
Hilton to Bring NoMad Hotels to Asia With Singapore Debut
Hilton will launch its luxury lifestyle NoMad Hotels brand in Asia, starting with a property in Singapore set to open in 2027. The move follows Hilton's acquisition of a majority stake in Sydell Group and is part of a broader luxury expansion across Asia Pacific.
Singapore dollar surges to 1.29 to US dollar amid Asia currency rally
Singdollar was up 0.6 per cent to 1.2920 per US dollar as at 12.07am local time. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore’s Election Deals a Setback to a Fledgling Opposition
The People’s Action Party continued its six-decade reign, as was widely expected. But many had anticipated it to lose more ground to the opposition.
Singapore Banks Report Mixed NIM, Strong Wealth and Trade Income for Q1 2025
Singapore’s banking sector is anticipated to report a mixed performance in net interest margins (NIM) for the first quarter of 2025, alongside robust wealth management fees and trading income. This ...
DBS, OCBC, UOB may cut guidance in Q1 as macro uncertainty weighs on outlook: analysts
SINGAPORE] Singapore banks may cut their earnings guidance for 2025, as uncertainty in the macroeconomic outlook weighs on their growth prospects for the year, analysts said. Read more at The Business ...
Singapore Banks Face Mixed Results: DBS and OCBC Expect Declines, UOB Growth Slows in 1QFY2025
According to market strategist Yeap Jun Rong of IG, DBS and OCBC are likely to face their first y-o-y net income declines since 1QFY2022. DBS is projected to report a 4.4% y-o-y decline in net income ...