Economy
Construction sector sees strong growth in 2024, optimistic for 2025: analyst
Construction sector sees strong growth in 2024, optimistic for 2025: analyst
The construction sector grew by 5.9% YoY in the fourth quarter of 2024, driven by an uptick in public sector construction activity.
Trade uncertainty clouds NODX outlook despite early gains: analysts
RHB forecasts NODX to grow by 2% YoY. However, UOB is more cautious, projecting a 1.5% growth rate.
Singapore’s NODX up 7.6% in February
This reverses the 2.1% decline recorded in the previous month.
Trade value projected to exceed $1.2t by 2029: report
The report placed Singapore’s total trade value for 2024 at $951.6b, ranking 15th globally.
CPF interest rates unchanged for Q2 2025
Special, MediSave, and Retirement Accounts will stay at 4% per annum.
SG, Vietnam upgrade ties to Comprehensive Strategic Partnership
This is Singapore’s first CSP with an ASEAN member state.
Only 36% of mandated issuers met SGX climate disclosure requirements
Larger companies are better able to comply with Scope 3 emissions reporting.
Immigration key to growth, survival: SM Lee
He said that this would enable Singapore to thrive as a regional and international hub.
Budget 2025 hit and miss
Most said that it solved short-term challenges but fell short for long-term pressures.
MND expands seniors programme
It aims to encourage private households with seniors to install senior-friendly enhancements.
Built Environment sector gets boost with $100m gov't grant
SMEs may receive up to 70% funding support.
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
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