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Posted on 14/02/2025

Singapore’s 2024 GDP growth revised upwards to 4.4%; 2025 forecast range kept at 1 to 3%

SINGAPORE’S economy grew 4.4 per cent in 2024, revised up from the advance estimate of 4 per cent, data from the Ministry of Trade and Industry (MTI) showed on Friday (Feb 14). Read more at The ...

Posted on 14/02/2025

Singapore economy grows better-than-estimated 4.4% in 2024 but 2025 forecast kept to 1-3%

The economy faces downside risk from further escalation of geopolitical conflicts, higher uncertainty over US trade policies. Read more at straitstimes.com.

Posted on 14/02/2025

Singapore Projects Modest Trade Growth Amid Global Uncertainties

Enterprise Singapore continues to project exports growth at 1.0% to 3.0% this year. Singapore's non-oil domestic exports grew by 0.2% last year, reversing the 13.1% contraction seen in 2023 due to ...

Posted on 14/02/2025

Singapore’s economy grew 4.4% in 2024, beating forecasts and advance estimates

The ministry said Singapore's economy expanded by 4.4 per cent in 2024, up from an earlier estimate of 4 per cent. Both the estimate and the update beat the growth forecast of around 3.5 per cent.

Posted on 14/02/2025

Singapore-based Chinese, U.S. firms drive Thailand’s $33bn FDI bounty

BANGKOK -- Singapore ousted China as Thailand's top ... particularly new data centers and electronics factories. The digital and electronics sectors attracted a combined 475 billion baht ($13.6 ...

Posted on 14/02/2025

People aged 25-44 invest just 15%–17% of salary: DBS

Gen Zs and millennials are the least invested among all pre-retirement age groups, allocating just 15% to 17% of their salaries to investments. Over half of investments are allocated to fixed income.

Posted on 14/02/2025

New verification tool to boost Singapore as a finance hub

Singapore has announced through various groups a new payments entity and an automated solution to verify bills of lading, as it moves to strengthen its position as a global finance hub.

Posted on 14/02/2025

Singapore to set up new entity governing national payment schemes

The entity will work with MAS to develop Singapore’s national payments strategy, aiming to offer secure payments infrastructure.

Posted on 14/02/2025

New round-island virtual ride for OCBC Cycle; online registration from Feb 14

The main categories – The Straits Times Ride (20km), the Sportive Ride (40km) and the Foldie Ride by Brompton (40km) – will take place on closed roads on May 4, with landmarks such as the Benjamin ...

Posted on 13/02/2025

Mastercard Tokenizes 30% of Transactions in 2024, Acknowledges Crypto’s Disruptive Potential

Mastercard has reported that 30% of its transactions in 2024 were tokenized, recognizing stablecoins ability to disrupt financial services.

Posted on 13/02/2025

Singapore Weighs Tax Incentives to Help Revive Stock Market

A Singapore government-led review group proposed tax incentives to revitalize the stock market, the first steps taken in a market plagued by low liquidity and a dearth of new listings.Most Read from ...

Posted on 13/02/2025

China lifestyle brands are landing in Singapore: Should incumbents be worried?

Premium Chinese brands entering Singapore often favour retail spaces in prime locations such as Orchard Road, Marina Bay Sands, and other upscale malls which offer high footfall, visibility and brand ...

Posted on 13/02/2025

MAS review group proposes tax perks to boost Singapore’s equities market; more details on Feb 21

THE Monetary Authority of Singapore’s (MAS) equities market review group proposes to introduce tax incentives to spur more listings and investments in Singapore’s equities market, in its first set of ...

Posted on 13/02/2025

MAS’s equities market review group proposes tax incentives as part of measures to boost Singapore’s bourse

The Monetary Authority of Singapore (MAS) has announced the first set of measures proposed by its equities market review group to strengthen Singapore’s stock market.

Posted on 13/02/2025

Green Bonds And The Singapore-Asia Taxonomy Of Sustainable Finance: The Next Level Of Ambition And Credibility.

Green Bonds And The Singapore-Asia Taxonomy Of Sustainable Finance: The Next Level Of Ambition And Credibility. Legal News and Analysis - Singapore - Tax - Conventus Law ...

Posted on 13/02/2025

Life insurance sales in Singapore up nearly 20% to $5.9b in 2024 after drop in 2023

The sale of investment-linked plans jumped 41% amid economic uncertainty and higher interest rates. Read more at straitstimes.com.

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