News

MoneyHero posts first quarterly profit on cost cuts, AI efficiency gains

Lower tech, marketing and staff expenses supported its $636,000 quarterly net profit.

Hormuz-linked crisis could surpass 1970s oil shock, stagflation looms

Additional support could be provided if conditions worsen, says PM Wong.

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.

NTUC commits $37m as job security concerns rise amongst PMETs, graduates

The group’s survey showed that nearly one in five saw job security as a top concern.

Tripartite partners outline joint plans as AI transforms Singapore’s workforce

SNEF, MOM and NTUC  will jointly push for skills, job redesign and workforce support.

Singapore forms Tripartite Jobs Council to buffer AI worker transition

Key focus areas include expanded training and targeted support for at-risk roles.

BCA to scrap overseas construction tests for China, Thailand in 2027

Hiring timelines are expected to drop from four months to one month.

Singapore, Philippines sign carbon credits deal under Article 6 framework

The deal sets rules for carbon credit projects and cross-border transfers between both countries.

MoneyMax to start Main Board trading on 6 May

The move follows the company’s completion of a placement of 53 million new shares.

AI skills boost engineer pay by up to 25%, NodeFlair finds

The report shows AI capability now commands a clear salary premium across engineering roles.

Monday Wrap: Wealth inflows, industrial shift, and condo resale slump

The wealth management sector is boosted by the geopolitical situation.

Daily Markets Briefing: STI up 1.06%; Top stock is DBS

DBS is the top stock with a 3.43% increase.