News

7 new stations at Thomson-East Coast Line to start passenger service on 23 June

During its preview on 21 June, rides in the stations will be free.

Singapore leads in construction digital transformation: study

Five in 10 firms plan to increase investments in quantity surveying software. 

Young couples to enjoy lower Initial down payment for HDB flats 

The government has reduced the initial down payment to 2.5% of the flat price. 

Gov't requires all firms hiring foreign construction workers to register under CRS

Amongst the requirements to register is a minimum paid-up capital of $50,000.

Gov’t ‘open to’ reviewing proposed one-off vehicle population boost with increased user-based charges

User-based charges, however, can't prevent traffic congestion alone, said Minister Chee.

Arrangement with Taylor Swift not an act of unfriendliness: PM Lee

Lee says Singapore aimed to bring in “visitors and goodwill” from all over Southeast Asia.

F&B sales drop 5.6% YoY in January

The lower F&B sales were partly due to CNY being celebrated in February.

Retail sales climb 1.3% YoY in January

Month-on-month, however, sales slipped by 0.7%.

S’pore SMEs fear business interruption but don’t own insurance for it

S’porean SMEs said cyberattacks were the most common incidents in 2023.

Majority of SFOs in Singapore outsource business functions

One of the business functions SFOs outsource is IT (77%).

Daily Markets Briefing: STI down 0.48%; Top stock is DBS

DBS is the top stock despite a 0.06% decline.

SG-MY land checkpoints record over 2.33 million crossing during CNY weekend 

During the holidays, land checkpoints saw an average of 390,000 daily travellers.

HDB households to receive $300 Climate Vouchers from 15 April 

Recipients can buy energy- and water-efficient household products with the vouchers.

NEA to ban formaldehyde in interior paints starting January 2026

Paint manufacturers will have to submit test reports of their products.