Analysts’ top picks are ST Engineering, DFI Retail and Seatrium as they recommend investors position for ‘resilience’ and ‘growth’ in ‘volatile’ 2025.
Budget 2025: Singapore’s manufacturing sector is at a “significant turning point”: SMF
SINGAPORE - The manufacturing sector is at a “significant turning point”, and Budget 2025 should help enhance Singapore’s competitiveness in the global arena. The Singapore Manufacturing Federation’s ...
Trader who made billions in 2008 returns to bet on Asia-Pacific market swings
Former trader at Singapore hedge fund seeks US$250 million to bet on market volatility, corporate failures in Asia-Pacific.
Singapore records $43m IPO proceeds in 2024
Singapore recorded a total of $42.9m (US$31.4m) in initial public offering ( IPO) proceeds in 2024, according to an Ernst & Young (EY) report.
Singapore Faces Risk of New Property Curbs, Morgan Stanley Says
A spike in housing prices, partly brought on by speculative buying, could prompt the government to issue more cooling measures, according to a Morgan Stanley research report.
Jail for Singapore man who sexually exploited two young boys, made one blow kiss at camera
SINGAPORE: A man who inappropriately touched two young boys, aged eight and 11, on separate occasions has been sentenced to two years and eight months’ jail.
DBS Reports Rising Popularity of Digital Ang Baos Among Singaporeans
Digital Ang Baos are gaining popularity in Singapore, with DBS reporting a doubling of customers using their digital gifting services in 2024.
DBS keeps ‘buy’ on GVT, raises TP to $1.04 from 70 cents on stronger front-end opportunities
DBS' Tan and Ling note that notwithstanding near-term volatility, the semiconductor industry is well poised for growth, owing to the push towards digitalisation.
Singapore’s manufacturing sector seen to continue expanding despite mixed regional outlook
December marks the 16th consecutive month of growth for the overall manufacturing PMI. Read more at straitstimes.com.
New SIT engineering degrees pivot from traditional way of learning to emphasise blocks of skills
Students will master key skills relevant to a professional role in real engineering practice, via “learning blocks”. Read more at straitstimes.com.
OCBC becomes first bank in Singapore to sell bespoke tokenised bonds
Tokenised bonds allow clients to subscribe to tokens at denominations of $1,000, which is a fraction of the minimum transaction size of $250,000 for corporate bonds.
Maybank’s Insurance Arm, Etiqa Insurance, Pioneers the Return of Takaful Offerings in Singapore
New Shariah-compliant investment-linked product addresses the needs of customers looking for values-based insurance solutions; further strengthening the Group’s Islamic Wealth Management ...
SingPost cautions ‘no certainty’ over sale of assets
The company was responding to a report of potential special dividend from divestments. Read more at straitstimes.com.
Singapore bank earnings to continue to ride higher-for-longer rates, wealth sector growth in 2025
SINGAPORE banks will likely post earnings growth in 2025, led by higher-for-longer rates and a strong wealth management business, analysts said. Read more at The Business Times.
200 deceived by crypto mining scam in Vietnam via Singapore website
Over 200 people have fallen victim to a crypto mining scam in southern Vietnam by submitting VND4 billion (US$157,300) to a fraudulent platform.
Singapore Private Sector Slows In December – S&P Global
The private sector in Singapore continued to expand in December, albeit at a slower pace, the latest survey from S&P Global revealed ...