News
Income inequality hit lower levels over past decade, MoF reports
Income inequality hit lower levels over past decade, MoF reports
The government linked this to income growth and transfers.
Metro Holdings shifts to brand management for int'l labels in Grand Brands Asia launch
The SGX-listed group is moving into brand management to bring new international concepts to Singapore.
Temasek-backed consortium completes ANE privatisation in China freight sector
Takeover brings 38,000 agents and townships under private control as ANE exits HKEX.
NEA, SIT open new training hub to equip 400 in energy efficiency
Students and professionals will gain hands-on experience in energy management.
DBS to pay $1,000 one-time bonus to 6,800 junior staff in SG
The move covers over 23,000 employees across global operations
Singtel’s Nxera launches DC Tuas to power high-density AI workloads
The centre features smart thermal systems and high-efficiency electrical systems.
Lower- and middle-income groups outpace others in annual gains, MoF says
MoF data shows bottom-tier households grew nearly 10 times faster than top decile in the past decade.
Seatrium contests Petrobras counter-claim of $107.5m in P-54 vessel conversion case
The dispute concerns a 2004 contract for the conversion of the P-54 floating production storage and offloading unit.
MTI upgrades GDP forecast to 2% to 4% for 2026 amidst strong global economic growth
The city state's Q4 GDP growth of 6.9% and resilient global trade prompted the upward revision of 2026 targets.
Budget 2026: NTUC urges job security as 56% of PMEs seek upskilling
AI disruption remains a real concern for workers.
AcroMeta unit receives undertaking linked to potential Indonesian nickel entry
The proposed transaction aligns with its strategy to participate in the nickel value chain.
Household incomes rise strongly in 2025 as inequality hits decade low
Median income per household member grew at a rate of 3.8% per annum.
Retail sector seen maintaining stable growth into 2026
In 2025, median household market income rose 6.8% in real terms.
iX Biopharma narrows losses in H1 FY 2026 despite 14% fall in revenue
Net loss narrowing to $2.1m, compared with a loss of $6.3m in 1H FY 2025.
Retail property market holds steady in Q4 2025 despite fall in visitor arrivals:
The impact on rents is expected to be cushioned by a limited retail supply pipeline.
Private home price growth slows in Q4 2025 as sales ease
Rental volumes declined sharply by 27.4% QoQ to 19,771 units.
Daily Markets Briefing: STI up 0.54%; top stock is ST Engineering
ST Engineering is the top stock with a 4.12% increase.
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