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Month: May 2025

Posted on 28/05/2025

Singapore’s real wages rise at faster rate of 3.2% in 2024; more firms give salary bumps: MOM

SINGAPORE] Real wage growth in Singapore rose at a faster pace of 3.2 per cent in 2024 as nominal wage growth outpaced inflation, data from the Ministry of Manpower (MOM) showed on Wednesday (May 28).

Posted on 28/05/2025

Valuetronics posts 3.1% higher H2 profit of HK$79.9 million

SINGAPORE] Electronics manufacturing services provider Valuetronics on Wednesday (May 28) posted net profit of HK$79.9 million (S$13.1 million), up 3.1 per cent from HK$77.4 million in the same ...

Posted on 28/05/2025

Singlish-savvy Singapore AI chatbot can check in on seniors, intercept scam calls

SINGAPORE: Artificial intelligence agents trained to speak in English, local mother-tongue languages and even Singlish may soon be deployed to call elderly patients or seniors to check in on how them ...

Posted on 28/05/2025

Sen. Tammy Duckworth heads to Taiwan, Singapore in bid to ‘close the deal’ for quantum campus

Duckworth told the Sun-Times her main goal in Taiwan will be to push Foxconn to invest in the soon-to-be-constructed Illinois Quantum and Microelectronics Park on the South Side.

Posted on 28/05/2025

Wages in Singapore grew 3.2% in 2024, fewer firms planning increase in 2025

A federal judge on Tuesday struck down an executive order targeting law firm WilmerHale, in the third ruling to overwhelmingly reject President Donald Trump's efforts to punish firms he perceives as ...

Posted on 28/05/2025

‘We are just the middlemen’: How property agents grapple with landlords’ discriminatory preferences

Yue Kaixin regularly advises landlords on how to maximise their rental income. But the last thing the property agent from ERA Singapore would do is go against their choice of tenants — even when some ... ( read original story ...)

Posted on 28/05/2025

Stocks to watch: OCBC, Amara, Valuetronics

SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (May 28). Read more at The Business Times.

Posted on 28/05/2025

Singapore’s CapitaLand Ascendas REIT to buy two properties for $543.6 million

Singapore's CapitaLand Ascendas REIT said on Wednesday it will acquire a data centre and a premium business park property in the city-state for a combined S$700.2 million ($543.63 million).

Posted on 28/05/2025

Crowd favourites Loh Kean Yew, Yeo Jia Min overcome tough opponents to progress at Singapore Open

Up against newly minted European champion Lanier, Loh struggled to find momentum amid a number of unforced errors early on. While he summoned a superb late flurry of points to tie things up at 20-20, ...

Posted on 28/05/2025

Singapore firms face data, governance gaps in AI deployment: survey

As Singaporean organisations accelerate their adoption of advanced AI technologies, concerns are growing that poor data foundations may prevent many from realis ...

Posted on 28/05/2025

Singapore boosts SME tech support with new AI partnerships

Singapore is stepping up efforts to support local enterprises in adopting frontier technologies, with a suite of new partnerships aimed at accelerating the use ...

Posted on 28/05/2025

Citi appoints Prashant Thakker as head of Asia South Corporate Bank

Thakker who began his Citi journey in 2007 set to oversee the bank’s corporate banking operations across nine key markets ...

Posted on 28/05/2025

Singapore advances to 4th in global start-up ecosystem rankings

Singapore has advanced to the fourth position in the global start-up ecosystem rankings for 2025, up from fifth place in 2024. The new ranking places Singapore behind Israel, Britain, and the U.S.

Posted on 28/05/2025

Singapore’s HTX partners with Google Cloud

The MoU focus on collaborative research in AI security and cybersecurity research, cloud platform implementation, among others.

Posted on 28/05/2025

FDI inflows up 14% to $81 billion; Singapore top contributor

Amid concerns over India’s net foreign direct investment (FDI) plummeting 96% to just $0.4 billion in 2024–25, data from the Department for Promotion of Industry and Internal Trade (DPIIT), under the ...

Posted on 28/05/2025

Asean, Gulf bloc can work more closely on trade and investment, energy, digital economy: PM Wong

KUALA LUMPUR] In a turbulent world, Asean and the Gulf Cooperation Council (GCC) can do more to promote trade and investment, as well as advance common interests in energy transition and the digital ...

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