News

Yeo’s to lay off 25 employees as Oatly ends Singapore operations

The employees will receive severance packages based on their salary and years of service.

Most hacked passwords in Singapore are under 10 characters: Preply

“123456” remains the most commonly hacked password, appearing in 42.5 million breaches.

Singapore’s hotel RevPAR growth seen at 2-3% in 2025

It also noted over 5,000 new rooms will enter the market between 2025 and 2027, particularly in the upscale to luxury segments.

STI projected to hit 3,940 points in 2025: RHB

RHB also projects GDP growth to slow slightly to 3.0% YoY in 2025, down from 3.4% in 2024.

Singapore’s weak consumer demand stifles crypto adoption growth

Security concerns like hacking and fraud continue to deter wider consumer adoption of cryptocurrencies.

Salaries set to rise by 4% across all industries in 2025

The real estate, consumer goods, retail, and banking & finance sectors may see the highest salary increases.

Singapore’s growth may slow in 2025 due to weak chip cycle, pharmaceutical exports

Global demand and elevated geopolitical uncertainties could weigh on export performance in the coming year.

Early retirement movement needs careful planning to ensure financial security

Achieving sustainable F.I.R.E. requires careful planning with a focus on balancing aggressive saving.

Singapore stablecoin framework to enhance adoption and stability

Singapore’s regulatory sandboxes and supportive frameworks continue to foster innovation in digital payments.

Singapore sees a drop in flexible office space demand: report

Market saturation and shifting priorities influence this decline.

Daily Markets Briefing: STI down 0.52%; Top stock is YZJ Shipbldg SGD

YZJ Shipbldg SGD is the top stock with a 2.58% increase.

Singapore enters top 10 global city destinations

Euromonitor International’s index listed the top 100 most attractive cities.

1 in 4 Singaporeans keen to save more money in 2025 – NielsenIQ

Retail discounts will drive spending decisions in 2025.

Skills-based hiring and flexibility redefine Singapore’s recruitment landscape

Employers adapt to evolving workforce needs with technology and inclusivity.

Singapore’s NODX rebounds 14.7% in November

Electric  NODX grew 23.2% YoY whilst non-electronics NODX fell 1.6%.