News

SBF backs task force to assess tariff impact on business

A bigger trade war could drag the economy, where the trade-to-GDP ratio exceeds 300%. 

UOB injects $103m to double Vietnam capital since 2021

UOB is currently the only Singapore bank with a subsidiary in Vietnam.

Bedok ‘Health & Medical Care’ redevelopment site for sale at $63m

The site will be sold with a 60-year leasehold tenure.

COTD: How AI-ready are Singaporean sellers?

61% are still skeptical about the usefulness of AI.

Six-storey industrial site in Tampines for sale at $380m

The property has a remaining land tenure of 34 years.

UOB cuts Singapore 2025 growth forecast to 1.5%

Direct cash or voucher disbursements and employment support could cushion the impact.

Cambodia joins ASEAN RPC initiative to boost payment links

RPC was launched in 2022 by central banks of Singapore, Indonesia, Malaysia, and more.

Singapore tops Asia in private wealth

The city-state ranks just behind New York, the Bay Area, and Tokyo in the global list.

Retail investors lead $671m net buys in Singapore stocks

STI dropped 10.5% in total returns over the first five trading sessions of April.

GLS sites draw interest with MRT access and unit potential

The three plots are expected to yield around 575, 380, and 420 units respectively.

URA and HDB open tenders for 3 residential plots

The sites are located at Lakeside Drive, Dunearn Road, and Woodlands Drive 17.

Singapore has second-highest share of AI-driven sellers

Entrepreneurs use AI in at least 29% of their operations.

Wong flags wage, hiring risks after US tariff decision

The country’s growth forecast will likely be revised downwards.

S-REITs enter recovery phase after 11.8% slide in 2024 returns: UOB

Historical data shows a negative correlation of -0.59 between the FTSE ST All-Share REITs Index and the S&P 500 Index.

Singapore tech salaries rise modestly as hiring rebounds in 2025

Roles like Solutions Engineer, Game Engineer, and Site Reliability Engineer saw the biggest gains.

Singapore cited by UN ESCAP for green central banking practices

Countries like Singapore “have enhanced... ability to cope with macroeconomic implications of climate change.”