News

Gov't designates NTUC as 'politically significant person' under foreign interference law

NTUC must now disclose foreign affiliations and political donations.

Grab-Trans-cab acquisition could reduce competition, says CCCS

The acquisition comes amidst a driver shortage affecting competitors, the watchdog said.

Singapore economy up 2.9% YoY in Q2 2024

This is slightly below the 3.0% growth in the previous quarter.

Singapore’s luxury housing market rebounds in H1: Knight Frank

Prime condo sales went up 28% in the first half from the preceding six months.

9 in 10 Singaporean firms eye opportunities in Johor-Singapore SEZ: report

A joint investment promotion agency could boost engagement and help maximise opportunities.

Fave Singapore wins major payment institution license from MAS

The firm has over US$1b in transactions across Southeast Asia and India.

More than half of Singaporean businesses recognise gen AI’s potential: report

The vast majority have not implemented a governance framework for gen AI.

Malaysia-Singapore council pledges support for Johor-Singapore SEZ

This underscores the council’s dedication to enhancing bilateral economic ties.

Daily Markets Briefing: STI up 0.48%; Top stock is ThaiBev

ThaiBev is the top stock with a 5.54% increase.

Singapore art market shows resilience with online sales surge

Despite global economic concerns, the art market remains stable.

Temasek’s net portfolio value rises to $389b in FY 2024

The firm’s unlisted portfolio also grew by $31b.

LTA to end new diesel vehicle registrations by 2025

Diesel cars registered before 2025 will face higher road taxes.

Maybank SG prevents S$1.21m loss across 19 cases

The bank worked with the SPF to intervene in 19 scam cases.

Value of loans to SG SMEs fell by 42% in 2023

There were less SMEs earning $300,000 a month who took out loans.