Singapore Business Review

Sustainability and agrifood sectors fuel Singapore startup growth
The verticals closed 16 and 13 deals, respectively, in 2023.
StanChart joins Visa’s B2B Connect to enhance cross-border payments
It aims to facilitate faster and more cost-effective business-to-business (B2B).
DCS Card Centre, E6 launch credit card issuing solution for fintechs
The service will be first rolled out in Singapore.
SINGAUTO secures $61.2m funding for global expansion plans
The company will begin mass production of the S1 new energy cold chain vehicle to deliver over 20,000 units by 2025.
Low inflation in Singapore unlikely to hold in 2Q24
In March, inflation fell to 2.7%.
Wake Up admin faces defamation charges for false KKH miscarriage report
Defamation can be punished with a fine, and/or up to two years of prison time.
Nearly half of Singaporean youths take first self-funded trips before age of 18
On average, they spend around $940 on airfare for their first trip.
Experts foresee dip in private home resales for 2024
OrangeTee expects volume to drop to 9,000 to 11,000 units.
Lower private transport costs ease inflation to 2.7% YoY in March
In February, headline inflation was at 3.4 YoY.
United Overseas Insurance revenue rises 6% YoY in Q1’24
The company saw its net earnings reach $8m during the quarter.
CLCT's net property income hit by lower logistics park earnings
The REIT reported a 7.7% YoY lower NPI of RMB313m in 1Q24.
CapitaLand Ascott Trust's profit up 15% YoY in 1Q24
The REIT attributed the increase to stronger operating performance.
Singapore strikes a balance in logistics supply per capita, trade: report
The capital value of warehouses is still one of the highest in the region.

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Sustainability and agrifood sectors fuel Singapore startup growth
The verticals closed 16 and 13 deals, respectively, in 2023.
StanChart joins Visa’s B2B Connect to enhance cross-border payments
It aims to facilitate faster and more cost-effective business-to-business (B2B).
DCS Card Centre, E6 launch credit card issuing solution for fintechs
The service will be first rolled out in Singapore.
SINGAUTO secures $61.2m funding for global expansion plans
The company will begin mass production of the S1 new energy cold chain vehicle to deliver over 20,000 units by 2025.
Low inflation in Singapore unlikely to hold in 2Q24
In March, inflation fell to 2.7%.
Wake Up admin faces defamation charges for false KKH miscarriage report
Defamation can be punished with a fine, and/or up to two years of prison time.
Nearly half of Singaporean youths take first self-funded trips before age of 18
On average, they spend around $940 on airfare for their first trip.
Experts foresee dip in private home resales for 2024
OrangeTee expects volume to drop to 9,000 to 11,000 units.
Lower private transport costs ease inflation to 2.7% YoY in March
In February, headline inflation was at 3.4 YoY.
United Overseas Insurance revenue rises 6% YoY in Q1’24
The company saw its net earnings reach $8m during the quarter.
CLCT's net property income hit by lower logistics park earnings
The REIT reported a 7.7% YoY lower NPI of RMB313m in 1Q24.
CapitaLand Ascott Trust's profit up 15% YoY in 1Q24
The REIT attributed the increase to stronger operating performance.
Singapore strikes a balance in logistics supply per capita, trade: report
The capital value of warehouses is still one of the highest in the region.

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Join the Singapore Business Review community