Non-interest income will provide a boost in 2025; the banks expect fee income to continue their strong growth from the sustained shift in investor sentiment.
‘Financial world built on lies’: Crypto mogul pleads not guilty in first US court appearance
South Korean cryptocurrency mogul Do Hyeong Kwon pleaded not guilty Thursday to a freshly unsealed indictment released in time for his first U.S. court appearance. Kwon entered the plea in Manhattan ...
Trump’s tariffs will test the resilience of Singapore’s export-driven economy in 2025
The gloomy 2025 outlook comes at the end of a surprisingly good year when Singapore’s economy grew by 4%. Read more at straitstimes.com.
Singapore organisations report higher satisfaction and growing optimism for 2025, but attractiveness as a global talent hub drops to 41%
Meanwhile, there was a slight drop in Singapore’s standing as a global talent hub. Only 41% of organisations now rate the country highly as a destination for talent, down from 43% last year, with the ...
Singapore retail sales dip in November; half of sectors see decline
SINGAPORE – Retail sales defied optimistic market expectations and fell markedly in November. Takings at the till dropped 0.7 per cent, a sharp reverse from the 2.4 per cent growth in October, the ...
Singapore’s jet fuel imports surge to multi-year highs, India leads supply
Singapore's jet fuel imports were up to 2.55 million barrels in December, gaining from around 2 million barrels the previous month, estimates from LSEG, Kpler and trade sources showed, with most of ...
Singapore retail sales charts unexpected 0.7% fall in November with mixed performance across industries
SINGAPORE’S retail sales unexpectedly contracted 0.7 per cent on year last November, reversing from the 2.4 per cent growth logged the month before, based on Department of Statistics (SingStat) data ...
PacificLight Power to build hydrogen-ready gas power plant in Singapore
PacificLight Power (PLP) said on Friday it has received approval from the Singapore government to build a new hydrogen-fuelled gas power plant on Jurong Island.
Singapore’s home prices rebound on year-end sales boom
Singapore private home prices rebounded after its first drop in more than a year, underpinned by a rush of sales of new projects. ( read original story ...)
Singapore OCBC assistant V-P illegally accessed bank balances of politicians, influencers
SINGAPORE: Just one month into his new job, an assistant vice-president at OCBC began abusing the access his job gave him and started looking through the account balances and other details of bank ...
Ex-OCBC assistant vice president jailed for unauthorised access to data of almost 400 customers
The OCBC customer profiles that Au Jia Hao looked up included local politicians, public figures and influencers.
S-REITs’ DPU to bounce back in 2025, 2026; Parkway Life REIT a ‘dark horse’: DBS
After facing two years of erosion due to the impact of higher interest rates, S-REITs will post a turnaround in distribution per unit (DPU) growth over FY2025-FY2026, at 3.4%, according to DBS Group ...
SenseTime scales back Singapore office amid post-ChatGPT challenges
SenseTime representatives in Singapore did not comment on these developments. A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.
Singapore’s Dec jet fuel imports hit multi-year high on India, S. Korea supply
Singapore's jet fuel imports probably hit multi-year highs in December last year, with India being the top supplier as the arbitrage to Europe stayed shut, trade sources and shiptracking data show.
MTI’s Preliminary Forecast Suggests Singapore’s Economy Grew 4.3% in the Fourth Quarter, Slower Than the Previous Quarter
In his New Year's greeting, Prime Minister Lawrence Wong stated that Singapore's economic growth in 2024 exceeded forecasts.
Singapore hospital invests in bed capacity, technology
The S$350 million (US$256 million) project allows Mount Elizabeth Hospital to convert the multi-bed rooms into single-bed ones and to procure new medical technologies.