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Posted on 01/01/2025

Look to US market for capital gains, says investment guru Adam Khoo

Mr Khoo, who also founded online investor school Piranha Profit, warned against investing with a Fomo (fear of missing out) mindset: “Don’t rush (into) stocks just because your friend or neighbour ...

Posted on 01/01/2025

2025 likely to see continuation of bull market, but trade with caution

Analysts expect higher inflation in 2025 and slower growth in 2026 as Trump’s policies kick in. Read more at straitstimes.com.

Posted on 01/01/2025

Plans by Singapore banks to broaden product providers, offerings under SRS framework shelved

THE Competition and Consumer Commission of Singapore (CCCS) has halted its review of a proposed Supplementary Retirement Scheme (SRS) framework following the withdrawal of a joint application by DBS, ...

Posted on 31/12/2024

Singapore’s DBS Bank appoints Rajat Verma as India CEO from March 2025 — Who is he?

DBS Group has appointed Rajat Verma as CEO of DBS Bank India, effective March 1. He succeeds Surojit Shome, who retires in February. Verma, currently heading institutional banking, will join DBS' ...

Posted on 31/12/2024

Singapore Growth Beats Estimates as PM Wong Flags Global Risks

Singapore’s Prime Minister Lawrence Wong said the country’s economy performed better than expected in 2024, building a strong foundation for the city state to confront a more complex international ...

Posted on 31/12/2024

Singapore economy grew 4% in 2024; government will continue to cushion impact of cost-of-living increases: PM Wong

SINGAPORE’S economy grew by 4 per cent for the whole of 2024, exceeding the most recent official forecast of an expansion of around 3.5 per cent. Read more at The Business Times.

Posted on 31/12/2024

Upgraded China-Singapore free trade pact takes effect, will enhance market access for businesses

SINGAPORE: China and Singapore have upgraded a 15-year-old free trade deal to further open up their markets to investors and services suppliers on both sides, and expand cooperation in telecom ...

Posted on 31/12/2024

Singapore stocks lower on last trading day of the year; STI up 16.9% in 2024

On the STI, Singapore Exchange was the top gainer, rising 1.5 per cent to $12.74. Read more at straitstimes.com.

Posted on 31/12/2024

New laws punishing misuse of Singapore SIM cards to come into effect on Jan 1

Criminal syndicates have turned to local SIM cards to get around measures to block overseas scam calls and SMSes. Read more at straitstimes.com.

Posted on 31/12/2024

New Year countdown parties, fireworks: Top spots in Singapore to usher in 2025

SINGAPORE: Singaporeans will be able to usher in the new year and join in celebrations counting down to the nation’s 60th birthday at key places such as Marina Bay and Sentosa as well as 17 heartland locations on Dec 31.

Posted on 31/12/2024

Singapore stocks traded lower before the new year—STI fell 0.4%

In the broader market, 69 stocks fell while 15 gained, with 33.6 million securities valued at S$28.3 million traded ...

Posted on 31/12/2024

Vietnam’s GDP predicted to surpass Singapore’s in 2029

Vietnam’s GDP is forecast to hit $450 billion in 2024, placing it 34th globally, according to the UK-based Centre for Economics and Business Research (CEBR).

Posted on 31/12/2024

Singapore Introduces Criminal Penalties for SIM Card Misuse in Anti-Scam Push

Under the new regulations, individuals can be held legally responsible if they have reasonable grounds to believe their SIM cards would be used to commit or facilitate crimes. Violations can result in ...

Posted on 31/12/2024

Singapore to increase minimum salary requirement for foreign workers in 2025

Singapore is increasing the qualifying salary for S Pass applications, requiring foreigners to meet a higher threshold for work visas.

Posted on 31/12/2024

Singapore Only Charts 4 IPOs This Yr, Setting 10Yr+ Low

Only four IPOs were listed in Singapore in the whole year of 2024, setting an all-time low of more than a decade and raising about US$31 million, the Financial Times reported. The number of listed ...

Posted on 31/12/2024

Singapore shares retreat at Tuesday’s open; STI down 0.4%

SINGAPORE stocks started trading in negative territory on Tuesday (Dec 31) morning, mirroring overnight losses in global markets. Read more at The Business Times.

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