The top 5 per cent hold about 33 per cent of the country’s household wealth, says Senior Minister of State for Finance Jeffrey Siow.
Top 1% of Singapore households hold 14% of total household wealth; top 5% holds 33%: Jeffrey Siow
These are broadly comparable to advanced economies with similar wealth Gini coefficients Read more at The Business Times.
World-class golf meets the ultimate weekend outing at the HSBC Women’s World Championship 2026
HSBC Women’s World Championship 2026 returns this year from 26 Feb to 1 March, so mark your calendars for four days of fun, sport and more.
Singapore RHQ And IHQ Incentives: What Multinationals Should Know
Learn how Singapore RHQ and IHQ incentives work, including eligibility, tax benefits, and risks for multinational headquarters.
Budget 2026 helps SMEs reposition for long-term competitiveness amid fragmented global environment: DBS
The bank’s group head for corporate and SME banking highlighted AI, internationalisation, workforce transformation and financing as four key areas the government wants SMEs to build capabilities in ...
Singapore to ease measures against Nipah virus from Feb 23; no cases reported to date
Singapore will ease public health measures against the Nipah virus from Feb 23, with no cases reported in the country to date. Read more at straitstimes.com. Read more at straitstimes.com.
Yogi wraps up Singapore visit with ₹1 lakh crore investment proposals
“The Team UP has received investment proposals of over ₹1 lakh crore in Singapore, out of which MoUs worth ₹60,000 crore have already been concluded through Invest UP. Meetings continued from 8:30 am ...
Singapore’s bank OCBC fourth-quarter net profit up 3% on-year, beat forecasts
Singapore's second largest bank Oversea-Chinese Banking Corp, or OCBC , reported on Wednesday a 3% rise in net profit in the fourth quarter from a year earlier, driven by higher non-interest income ...
Singapore just turned falling rain into its next renewable power source
Singapore’s government is channeling significant public funding into technologies that can generate electricity from falling rain, a bet that the city-state’s heavy tropical downpours could become a ...
US tariff moves spark renewed anxiety among Singapore firms
Singaporean businesses are grappling with renewed uncertainty following the US President's rapid-fire tariff announcements and policy changes. Read more at straitstimes.com. Read more at straitstimes.
Singapore’s Singtel partners with Nvidia to build a research lab for companies that care about data sovereignty
Singtel is leaning into its AI and data center business as its mobile services business faces more competition.
Singapore bank UOB’s fourth-quarter net profit falls 7%, but beats forecasts
By Rae Wee and Yantoultra Ngui SINGAPORE, Feb 24 (Reuters) - Singapore's United Overseas Bank, or UOB, reported on Tuesday a 7% fall in net profit in the fourth quarter from a year earlier on the back ...
Standard Chartered Bonus$aver Account Review (2026): High Interest—But How Much Can You Really Earn?
The Standard Chartered Bonus$aver Account promises one of the higher headline interest rates among savings accounts in Singapore. But like most “bonus interest” accounts in 2026, the real question ...
CAREIT’s inaugural results surpass forecasts; DBS says DPU beat captures sector tailwinds earlier than expected
CAREIT continue to feature as our top pick within the mid-cap space, with industry leading DPU growth, backed by a Singapore-centric portfolio,” says DBS's Geraldine Wong.
Budget 2026: Companies to get 40% corporate income tax rebate in YA2026
[SINGAPORE] Businesses will receive a 40 per cent corporate income tax rebate in the 2026 year of assessment to help them stay competitive, said Finance Minister Lawrence Wong on Thursday (Feb 12).
Singapore bank faces complaint to SGX over Indonesian coal-powered nickel financing
NGO argues that OCBC disclosures do not fully reflect the climate risks from captive coal plants, breaching SGX rules on sustainability reporting. OCBC says its disclosures do not break SGX rules.