Economy

MND expands seniors programme

MND expands seniors programme

It aims to encourage private households with seniors to install senior-friendly enhancements.

Ultra-rich population set to grow 9.7% by 2028: report

Luxury home prices are expected to see positive growth in 2025, supported by limited supply and strong foreign demand.

European firms expand in Singapore with focus on AI, green tech

European firms are actively hiring skilled professionals on areas such as fintech, AI-driven automation, and cybersecurity.

Singapore investigates suspected fraud in server shipments

Three individuals were arrested in connection to a shipment of high-tech chips.

Business receipts in service industries up 8.5% YoY in Q4

The finance & insurance sector led with a 14.2% revenue increase.

SBF forms committee to draft prompt payment code

This aims to improve payment practices in Singapore’s business environment.

Kazakhstan-Singapore investment agreement takes effect 1 March

It grants Singapore businesses greater access to 15 service sectors in Kazakhstan

Aspial Corporation reports $5.45m profit for FY2024

Revenue was 13% HIGHER AT s$678.36m for the whole year.

Nomura warns SGD rate underperformance likely amid market unwind

The SORA fix has dropped significantly, averaging 2.5% in February.

New economic measures to boost Singapore’s equity market liquidity: analyst

These initiatives also demonstrate strong political commitment to enhancing Singapore’s position as a leading global financial hub.

Domestic wholesale sales decline 4.4% in Q4 2024

The industrial & construction machinery sector saw a 22.6% decline.

Singapore unveils measures to boost equities market

A key initiative is the $5b Equity Market Development Programme (EQDP).

Singapore’s 50% tax rebate aims to drive productivity, global growth

This broad-based support allows SMEs and companies not making a profit to benefit.

Tax risks loom as preference shares may be classified as debt: report

Companies are urged to conduct thorough reviews to ensure their accounting treatment is aligned with intended tax outcomes.