SINGAPORE: Are new citizens behind Singapore’s rising housing demand? Analysts suggest that ageing citizens, not just new citizens, are driving this growth. S ... ( read original story ...)
Singapore banks face an automation reckoning in 2025
Only 1% of banks in Singapore have successfully automated the majority of their KYC and onboarding workflows. Here's why the others need to follow suit quickly.
UOB Kay Hian keeps ‘buy’ on Keppel DC REIT on limited near term new capacity
UOB Kay Hian's Jonathan Koh has kept his "buy" call on Keppel DC REIT, given the recent "upsurge" in positive rental reversion for colocation data centre leases in Singapore is seen to sustain into ...
DBS’ new CEO Tan eyes ‘bolt-on’ acquisitions to bolster tech capabilities
DBS Group's incoming CEO Tan Su Shan is eyeing "bolt-on" acquisitions that align with the Singaporean lender's digital and AI-driven priorities, while focusing on boosting high-return businesses such ...
ICA & HSA Seize E-Vaporisers Worth Over S$200,000 in Singapore in 2 Cases
Singapore prohibits vaping, and since February 2018, the country has prohibited the purchase, use, and possession of e-vaporizers and associated goods.
Who wants to be a property agent? Rewards could outweigh risks
According to the Council for Estate Agencies, the number of property agents as at Jan 1, 2025, was 36,058, up from 35,251 a year ago. The agent population at the start of 2025 is up by 5,659 or 19 per ... ( read original story ...)
Singapore core inflation falls further to 0.6% in February, lowest since June 2021
Prices fell for two categories of items – electricity and gas, and retail and other goods. Read more at straitstimes.com.
Giant deal: Malaysian company to acquire Cold Storage and Giant supermarket chains in Singapore
All Cold Storage and Giant supermarket outlets in Singapore will be sold to Malaysian retail group, Macrovalue, in an acquisition deal worth $125 million. The Singapore-listed DFI Retail Group, which ...
Singapore core inflation rate at the lowest in nearly four years in February
Singapore's annual core inflation rate eased to 0.6% in February, data showed on Monday, and an analyst said the lowest reading in nearly four years meant an easing was possible at the central bank's ...
Singapore companies seek early deals in new Johor special zone
The company, led by 42-year-old CEO Vincent Wei, is among a slew of businesses angling for early deals in a new special economic zone (SEZ) north of Singapore's border.
Chocolate Finance Says All Withdrawals From 10–18 March Have Been Paid Out
Singapore-based Chocolate Finance said it has completed processing all withdrawal requests submitted between 10 and 18 March.
Singapore inflation hits four-year low, below average MAS forecast for 2025
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 ...