News
Singapore’s general insurance industry to hit S$7.35b in 2028
Singapore’s general insurance industry to hit S$7.35b in 2028
The industry will grow at a compound annual growth rate (CAGR) of 5.8%.
Singaporean Gen Zs prefer online shopping
The age group has been seeing a steady increase in spending power.
How Fore Coffee plans to conquer Singapore’s crowded coffee market
With 150 coffee shops in Indonesia, Fore Coffee takes aim at the international market starting with Singapore.
3 catalysts that will accelerate Singapore's economic growth in 2024
Analysts expect GDP to grow by 3.0% next year.
IMDA inks MOU with US Federal Communications Commission to fight scams
The deal will boost cross-border efforts to combat unlawful communications.
Owning a car is not a status symbol for Gen Z and Millennials
Due to evolving consumer-preferences, mobility service companies are revamping their car-leasing services.
Singapore’s Consumer Association launch accreditation scheme for online businesses
This comes as they received increasing complaints from Singaporean consumers.
Singapore telcos set to retire 3G services by mid-2024
Experts from Arthur D. Little say phasing out 3G clears the path for the more efficient and secure 5G technology to advance Singapore’s smart nation ambitions.
Frasers Property warns of lower profits for FY23
The company expects fair value losses on a portion of its portfolio of investment properties.
Keppel’s private fund acquires 2 education assets in Sydney for $175m
The acquisition will bring Keppel’s portfolio to $4.3b of assets in Australia.
CLCT prices $112m worth of FTZ offshore bonds at 3.8%
The bonds are due in three years.
MAS holds rates as Singapore’s GDP is expected to improve in 2024
The central bank warns that domestic recovery could be weaker than expected.
Economy grows at a faster pace in 3Q23: flash estimates
It grew 0.7% YoY from 0.5% YoY in 2Q23.
Singapore food manufacturers in for a treat as consumption recovers in 2024
Many would benefit from recovering consumption across Thailand, Vietnam, and Indonesia.
Daily Markets Briefing: STI down 0.73%; Mapletree PanAsia Commercial is top stock
Mapletree PanAsia Commercial closed at 2.92%.
Commentary
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