GlobalData
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See below for the Latest GlobalData News, Analysis, Profit Results, Share Price Information, and Commentary.
Higher budgets drive enterprise ICT market toward $140.7b by 2029
Higher budgets drive enterprise ICT market toward $140.7b by 2029
The government sets aside $1b to strengthen public sector AI research.
Mobile revenues to inch up 0.7% by 2030 as 5G offsets voice decline
Voice revenue may fall 5.8% as data and 5G usage drive market shift to 2030.
E-commerce market to hit $40.5b in 2026 amidst digital-savvy shopper base
Growth is driven by festivals and livestreaming.
Credit card market to grow 9.2% in 2026 on increased acceptance and contactless payments
Credit cards lead as value-added benefits attract users.
Card payments to grow 7.2% CAGR to $209.2b by 2029
Contactless use and merchant expansion underpin growth.
Solar PV capacity could reach 5.33GW by 2035: report
It may be pushed by programmes for solar integration in urban, industrial areas.
MOH scraps full-deductible IP riders from 2026
This is amidst low employer healthcare spending and a growing insurance market.
Card payments projected to generate $158.2b in 2025
This is thanks to the rise of contactless cards, rewards for credit, and financial inclusion in debit.
What will drive Singapore’s general insurance market to bag $6.5 by 2030?
PA&H market alone is projected to make up a fourth of the sector’s total premiums.
Pubs lure Gen Z with nonalcoholic drinks
Only a quarter of male Singaporeans aged 25-34 drink regularly.
Mobile services to hit $2b in 2029 with 5G driving revenue stability
Singtel will continue to lead the mobile services market in terms of subscriptions through 2029.
Singapore urged to cap F&B licenses amidst record closures
More than 3,000 restaurants folded up in 2024.
SG deal activity down 13% in 2024
This contributed to the overall 1.4% decline in deal activity across APAC in 2024.
Kirkland & Ellis emerges as top M&A legal adviser for 2024
This is according to the Legal Advisers League Table by GlobalData.
Personal accident, health insurance market to exceed $8.5b by 2029
In 2024, PA&H insurance growth is forecast at 8.9%.
Singapore general insurance market to reach $8.1b by 2029: report
The industry is expected to grow by 8.0% in 2024.
Singapore’s life insurance slated for $43b premiums in 2029
Due to the ageing population, health awareness, and consumer spending.
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Commentary
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up
Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data