Banking stocks were mixed on Friday’s open. UOB rose 0.4%, or S$0.15, to S$36.30, while OCBC gained 0.3%, or S$0.05, to S$16.48. DBS dipped inched down 0.02%, or S$0.01, to S$42.55.
Singapore’s outstanding business leaders and innovators lauded at SBR Management Excellence Awards 2024
The awards programme honoured Singapore’s top business leaders, innovators, and teams for their exceptional contributions to business growth, employee well-bein ...
Court lifts veil on fraudulent diamond investment scheme; $2.38m in damages awarded
The ring was bought off the shelf for about $25,000 and presented to investors as being worth $13.8 million. Read more at straitstimes.com.
Diamonds aren’t forever: Singapore court exposes ‘Jane Seymour’ gem as RM45m synthetic hoax
A three-year legal battle involving a Singaporean and a fraudulent multimillion-dollar diamond investment has come to light after the country’s Court ...
Singapore’s GDP growth forecast revised upward for 2024, outlook mixed for 2025
Singapore’s GDP is projected to grow at “around 3.5 per cent” in 2024, an upward revision by the Ministry of Trade and Industry (MTI). Growth slowed in 2025 to a projected “1.0 to 3.0 per cent”.
Singapore cuts 2024 key exports forecast again on weaker-than-expected recovery
Volatile segments such as pharmaceuticals could continue to weigh on rest of 2024 performance. Read more at straitstimes.com.
Singapore downgrades 2024 export forecasts again on weaker-than-expected recovery
SINGAPORE has narrowed its 2024 full-year forecasts for both non-oil domestic exports (NODX) and total merchandise trade, on a worse-than-expected recovery in the second half of this year. This was ...
Singapore’s 2024 NODX forecast downgraded to ‘around 1%’ following weaker-than-expected 3Q2024 growth
Singapore’s FY2024 growth forecast for total merchandise trade and non-oil domestic exports (NODX) have narrowed to around 5% and 1% respectively, following weaker-than-expected 3Q2024 growth, due to ...
Singapore Q3 GDP up 5.4% y-o-y, higher than advance estimate; 2024 forecast upgraded
SINGAPORE: Singapore's economy grew 5.4% in the July-September quarter from a year earlier, higher than the 4.1% official advance estimate released last month and above market expectations, government ...
Singapore Q3 GDP up 5.4% y/y, higher than advance estimate; 2024 forecast upgraded
Singapore's economy grew 5.4% in the July-September quarter from a year earlier, higher than the 4.1% official advance estimate released last month and above market expectations, government data ...
Singapore’s Economic Growth Outpaces Expectations
Singapore’s economy grew more quickly than initially estimated in the third quarter, backing views that growth is on track to at least more than double for the year.
Singapore’s 2025 growth forecast at 1-3%; 2024 forecast upgraded to ‘around 3.5%’
SINGAPORE’S official growth forecast for 2025 is between 1 and 3 per cent, while the full-year growth forecast for 2024 has been upgraded to “around 3.5 per cent”, said the Ministry of Trade and ...
Singapore upgrades 2024 economic growth forecast to around 3.5%
Singapore's economy grew 5.4 per cent in the third quarter of the year, up from the advanced estimate of 4.1 per cent.
Singapore raises 2024 growth forecast to around 3.5% as economy beats forecasts with 5.4% Q3 rise
MTI said that on balance, Singapore’s overall external demand outlook is expected to remain resilient for the rest of 2024. This, coupled with the ongoing recovery in global electronics demand, should ...
In forgotten parts of Singapore’s iconic Orchard Road shopping street, a new era is taking shape
Orchard Road, Singapore’s main shopping street, is 2.2 km (1.3 miles) long but much of the activity takes place in the middle of the stretch.
US October gasoline imports hit post-pandemic low on slump in European shipments
U.S. waterborne gasoline imports fell in October to their lowest since the COVID-19 pandemic, with European shipments to the U.S. Northeast hitting a record low and Asian cargoes more than halved from ...