News

UOB raises 2025 GDP forecast

UOB raises 2025 GDP forecast

UOB expects full-year growth in 2025 to run slightly above potential, but forecasts a slowdown to 1.4% in 2026.

GDP seen at 2.0% in 2025, but tariffs may halve growth

RHB analysts, however, caution that much of the recent growth appears front-loaded due to early export orders.

Only 4 in 10 of Singapore’s wealthy feel ready for health costs

Whilst 94% of respondents said that health is more important than anything else, just 44% believe they will remain healthy and active in retirement.

Singapore named most expensive city for the wealthy

This marks the third consecutive year the city-state has topped the index, which tracks the cost of luxury living across 25 global cities.

CBD office rents stay flat despite near-full occupancy: report

Grade A+ office rents in the Raffles Place / Marina Bay precinct rose marginally by 0.2%.

DCS Card Centre embraces Web3 as superapps reshape payments

A stablecoin conversion card offers a bridge between crypto and cash.

CosmoSteel CEO resigns

The CEO cited personal reasons for his departure.

Frasers Hospitality Trust privatisation gets conditional green light from SGX-ST

The sponsor offered to buy all stakes for $0.71 each in cash last May.

Nordic Group secures $48.7m worth of contracts

The contracts are for engineering and industrial services across multiple sectors.

AIMS Financial Group increases stake in AIMS APAC REIT

The shares were bought from ESR HK Management Limited.

LMS Compliance acquires 75% stake in Anchor Technology Holdings

ACC HK is now a 75%-owned indirect subsidiary of the company.

Union Steel sells 30M Eneco shares for $345,000

Done through a married deal, the transaction was priced at $0.0115 per share.

PSC chairman eyes acquisition of remaining company shares

The move follows his recent share purchase from Sin Huat Company.

Singapore and China reaffirm green finance cooperation

They are advancing discussions on taxonomy criteria for transition activities.

MPA and InstaSG partner to celebrate maritime heritage

The sector was celebrated through photography.

Creative Technology expects revenue dip at $38.4m in H2

This was due to uncertain macroeconomic conditions and weakening consumer sentiments.

Most buyers expect private home prices to stay firm

55% of respondents said they are motivated or very motivated to enter the property market.