News
Singapore’s digital economy contributes $113.2b to GDP
Singapore’s digital economy contributes $113.2b to GDP
Sectors such as finance and insurance are amongst major drivers of this growth.
Singapore legal job market sees moderate growth in 2024
Associate hiring remains a top priority for firms.
What’s driving job growth in Singapore in 2025
There is a strong demand for skilled professionals in finance, technology, and professional services.
Uni-Fuels raises $11.5m in US maiden offering
Proceeds will be used for boosting reselling activities.
More launches, lower rates to drive 2025 housing market
Analysts are expecting between 8,000 to 14,000 units to be launched this year.
GuocoLand bags $1.24b green facilities from DBS and OCBC
The green facilities will refinance Guoco Midtown and Midtown Bay.
Qian Hu reports $356,656 net profit in FY 2024
It was due to a 1.6% rise in the group’s revenue to $71.4m.
Gov’t regulates app distribution services to better protect children
It will take effect on 31 March.
Private new home sales plunges 92% MoM in December
This comes after a high of 2,560 units sold in November.
Grab partners with BYD to expand EV fleet across Southeast Asia
The partnership aims to accelerate EV adoption in the region.
SIA passenger capacity up 7.1% in December 2024
Cargo loads rose by 13.6% YoY, outpacing the 11.3% expansion in cargo capacity.
Singapore ranks 3rd top target for cross-border real estate investment in APAC
Tokyo retains its spot as number one for the sixth consecutive year.
AI adoption to boost demand for data storage
Half of Singaporeans expect their organisations' cloud storage needs to double by 2028.
Daily Markets Briefing: STI down 0.45%; Top stock is Genting Sing
Genting Sing is the top stock with a 2.04% increase.
Roxy Square relaunched for collective sale at $1.115b
This is a 10.8% reduction from its previous asking price of $1.25b.
StashAway sees investment deposits double in 2024
Its HNW and emerging HNW were more likely to invest in a diversified portfolio.
What Singaporeans are spending on this Chinese New Year
Food-related expenses make up the largest portion of their spending plans.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape