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Posted on 11/12/2024

Maybank keeps Sembcorp at ‘buy’ with higher TP following agreement to import renewable energy from Malaysia

This comes on the back of Sembcorp agreeing to import 50MW of renewable energy from Tenaga of Malaysia to Singapore issued with Renewable Energy Certificates (RECs) using existing infrastructure. The ...

Posted on 11/12/2024

Economists Raise Singapore’s 2024 Growth Forecast, Central Bank Survey Shows

Experts surveyed by Singapore’s central bank have raised their 2024 economic growth forecast for the city-state, coming after third-quarter data showed the economy expanded at the fastest in nearly ...

Posted on 11/12/2024

Economists see Singapore economy slowing to 2.6% in 2025 from 3.6% in 2024: MAS survey

Geopolitical tensions, including from higher tariffs, jumps to top downside risks to Singapore’s economy. Read more at straitstimes.com.

Posted on 11/12/2024

Charge+ acquires 140 EV chargers from 3 companies ceasing commercial charging services in Singapore

Charge+ has acquired 140 public and shared EV chargers from three other companies in Singapore that have ceased offering commercial charging services. Read more at The Business Times.

Posted on 11/12/2024

Singapore GDP growth forecasted to ease to 2.4% in 2025

Manufacturing sector is anticipated to remain a key driver of economic growth. Singapore’s GDP growth for 2025 is expected to moderate to 2.4%, down from an estimated 3.0% in 2024, CGS International ...

Posted on 11/12/2024

Singapore stocks showed little movement as trading began on Wednesday

In the broader market, 46 stocks fell while 45 rose, with 46.8 million securities valued at S$82.4 million traded ...

Posted on 11/12/2024

Singapore Bourse May See Renewed Consolidation

The Singapore stock market on Tuesday ended the two-day slide in which it had fallen almost 30 points or 0.8 percent. The Straits ...

Posted on 11/12/2024

Stellar Ace’s ‘SkyWalk’ – a new large OOH advertising format – launches with OCBC’s Seagrass Restoration campaign

Innovative OOH advertising solutions such as SkyWalk allows OCBC to reach the right people in an efficient, cost-effective, eye-catching way.” ...

Posted on 11/12/2024

Lion City Sailors duo ready to prove Singapore have plenty of firepower at the ASEAN Championship

When it started looking likely that Singapore would be without Ikhsan Fandi for the 2024 ASEAN Championship, concerns began to emerge over where the goals would be coming from for the Lions. After all ...

Posted on 11/12/2024

Singapore poised for consistent growth with strategic trade advantage

The city-state has leveraged its strengths and location for steady growth since 2017, KGI says. Singapore’s economy is expected to be well-positioned to adapt and thrive, even as the U.S. plans to ...

Posted on 11/12/2024

Singapore saw 9,000 phishing takedowns, Meta says in scam centre alert

The company, which owns Facebook, WhatsApp and Instagram, said scammers in Southeast Asia were using sophisticated tactics to lure victims.

Posted on 11/12/2024

Singapore stocks open flat at Wednesday’s open

SINGAPORE shares open muted on Wednesday (Dec 11) following weak trade figures from China and ahead of key inflation data in the US. Read more at The Business Times.

Posted on 11/12/2024

Singapore High Commissioner Wong meets Odisha CM Majhi to discuss ties

Singapore President Tharman Shanmugaratnam is expected to visit India in January, during which he will also visit Odisha ...

Posted on 11/12/2024

Who is Kishin RK, Singapore’s youngest billionaire?

Kishin RK, who runs a real estate empire with his tycoon father, is Singapore’s youngest billionaire with a net worth of US$1.6 billion at the age of 41.

Posted on 11/12/2024

Manufacturing leads Singapore’s GDP growth with 11% YoY rise in Q3

GDP is expected to drop in 2025. Singapore’s gross domestic product (GDP) grew by 5.4% year-on-year (YoY) in Q3 2024, driven primarily by the manufacturing sector, Oxford Economics reported. The ...

Posted on 11/12/2024

Singapore semiconductor sector troubled by widening US curbs

New US export restrictions on semiconductors are unlikely to mar Singapore’s standing as a resilient manufacturing hub, but firms here could still take a hit from brewing trade tensions and technology ...

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