At least 37 cases have been reported since December 2024. Read more at straitstimes.com. Read more at straitstimes.com.
Impact of Trump tariffs could push Singapore into technical recession, after Q1 growth disappoints: economists
SINGAPORE] Private-sector economists warned that Singapore could slip into a technical recession this year, as the escalating trade war between the United States and China is expected to weigh heavily ...
UOB, Wee Foundation pledge $110 mil to NTU, part of bank’s 90th anniversary gifts
Last month, the bank announced a $30 million commitment to programmes supporting the education of more than 120,000 students and children in Singapore and the region.
Singapore businesses must move strategically to get on winning side of tariff war
THE deluge of latest developments in tariffs announced by the US, and the resulting countermoves from its trade partners, have made global trade more complex and uncertain. Read more at The Business ...
Singapore shares and STI close higher on Monday, mirroring regional indices
SINGAPORE] The Straits Times Index (STI) closed higher, mirroring most regional indices on Monday (Apr 14). Read more at The Business Times.
To aid drug enforcement, Singapore opens first forensic lab to examine, detect new psychoactive substances
The forensic lab under the Home Team Science and Technology Agency has developed a wearable device that can detect traces of drugs in a person's perspiration.
New forensic lab to boost Singapore’s fight against new psychoactive substances
The lab will help the authorities better detect such substances here. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore sees zero growth as a possibility this year as it cuts GDP outlook on tariff worries
This comes as the MAS had previously eased its policy stance back in its January meeting, the first time since 2020.
GXS Bank acquires Validus Capital, leading digital lending platform for S’pore SMEs
The deal broadens the firm's business lending services to include supply chain financing and working capital loans. Read more at straitstimes.com. Read more at straitstimes.com. ( read original story ...)
HPL jumps 5.5% after announcing that Ong Beng Seng will step down as managing director
SINGAPORE] Shares of Hotel Properties Limited (HPL) rose on Monday (Apr 14) by over 5 per cent, following the company’s announcement that property tycoon and hotelier Ong Beng Seng is set to step down ... ( read original story ...)
Ong Beng Seng to step down as managing director of Hotel Properties
Ong is set to plead guilty in a court case linked to former transport minister S. Iswaran. Read more at straitstimes.com. Read more at straitstimes.com. ( read original story ...)
Citi transformation is paying off amid tariff troubles, with room for optimism
Citi established an office in Singapore. Fast forward 123 years, Citi has thrived and grown along with Singapore and has a much larger presence here. Read more at The Business Times.
S’pore GDP likely to sink further in 2H2025, and OCBC expects off-budget fiscal package
A technical recession is possible as the brunt of the initial US tariff announcements has wrecked “significant havoc” on financial markets this month, says OCBC chief economist Selena Ling.
GXS Bank acquires leading digital lending platform for S’pore SMEs Validus Capital
The deal broadens the firm's business lending services to include supply chain financing and working capital loans. Read more at straitstimes.com. Read more at straitstimes.com. ( read original story ...)
Malaysian property tycoon Ong Beng Seng exits HPL as managing director amid cancer battle
Prominent property magnate Ong Beng Seng will step down as managing director of Hotel Properties Limited (HPL) following the company’s annual ... ( read original story ...)
Singapore Cuts Growth Forecast, Eases Policy Settings as Tariffs Dim Outlook
Singapore’s central bank eased its monetary policy for a second time amid the weakening external global economic outlook.