If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...
Singapore’s economy grew 4.3% in 2024, outperforming expectations, but challenges loom for 2025
SINGAPORE: Singapore’s economy outperformed expectations in 2024, but economists are warning that 2025 could be more challenging. According to the Ministry of Trade and Industry (MTI), the economy ...
Getting notes for CNY hongbao: Bookings start on Jan 7
From Jan 14, hongbao notes can be withdrawn without booking at selected pop-up and branch ATMs. Read more at straitstimes.com.
OCBC and Oxford Economics lower 2025 GDP forecast on high base; some analysts expect monetary easing to happen this year
Oversea-Chinese Banking Corporation’s (OCBC) Selena Ling has lowered her growth forecast for Singapore’s GDP in 2025 to 2.2% y-o-y from 2.7% y-o-y due to the high base from Singapore’s performance in ...
Pre-booking of CNY 2025 bank notes starts Jan. 7, collection at DBS, OCBC, UOB: MAS
Here are the ways you can get hold of the notes if you're a DBS, OCBC, or UOB bank member: Pre-booking for collection at bank branches: Online pre-booking is required, from Jan. 7. Collection of ...
EY calls for innovation advancement support, tax system tweaks in its Budget 2025 wish list
PROFESSIONAL services firm EY called for more support for the whole-of-nation advancement in research, innovation and digital economy, as well as the maintenance of a relevant tax system in its Budget ...
Market watchers less bullish on Singapore stocks this year
Economists said this year is likely to be less smooth sailing than 2024, with demand from major trading partners directly impacting Singapore's export-reliant economy.
Singapore shares rise on first trading day of 2025; STI up 0.4%
Losers beat gainers 284 to 246, with 812.8 million securities worth S$581.4 million changing hands. Read more at straitstimes.com.
Singapore economy beats forecasts in Q4 of 2024 but analysts see tougher 2025 growth outlook
On a quarter-on-quarter seasonally adjusted basis, the economy expanded 0.1 per cent, down from the 3.2 per cent growth in the third quarter of 2024. For full-year 2024, the economy grew 4 per cent, ...
Leading the Quantum AI Revolution: AQSolotl Solidifies Milestone Collaboration in Singapore
SINGAPORE, Singapore, January 2, 2025 (EZ Newswire) -- Quantum technology jointly developed at Nanyang Technological University, Singapore (NTU Singapore) and National University of Singapore (NUS) ...
Jail for ‘instrumental player’ in syndicate that sold bank accounts used to launder money
Goh Soon Lee received, processed and sent out 34 ATM cards between July and October 2023. Read more at straitstimes.com.
One-off payment incoming for about 11,000 junior OCBC employees in February and April 2025
Specifically in Singapore, approximately 4,000 junior employees, including new hires and unionised staff, will receive a one-off payment of S$1,000 each.
Pre-booking of CNY bank notes starts Jan. 7, collection at DBS, OCBC, UOB: MAS
Here are the ways you can get hold of the notes if you're a DBS, OCBC, or UOB bank member: Pre-booking for collection at bank branches: Online pre-booking is required, from Jan. 7. Collection of ...
Bookings to collect fit-for-gifting notes for Chinese New Year to start from Jan 7
SINGAPORE: From Jan 7, the public may make bookings to collect fit-for-gifting bank notes for Chinese New Year, said the Monetary Authority of Singapore (MAS) on Thursday (Jan 2). These "fit notes" ...
Business sentiment improves for 2025; manpower costs, uncertain demand still top concerns
SINGAPORE businesses are more positive on the economic outlook for this year, even as rising manpower costs and demand uncertainty remain as key concerns, based on the annual national business survey ...
SGX Group chairman calls for ‘bold and decisive actions’ to solve stock market’s ‘longstanding issues’
A myriad of structural and policy issues must be addressed, certainly by SGX, but also with policymakers, regulators and all players within the ecosystem,” says Koh Boon Hwee.