News
MTI raises Singapore’s 2024 economic growth forecast to around 3.5%
MTI raises Singapore’s 2024 economic growth forecast to around 3.5%
Its initial forecast was 1.0% to 3.0%.
MTI appoints Jermaine Loy as new managing director of EDB
He will take over starting 1 March 2025.
BRC Asia’s net profit hits record $93.5m in FY2024
Net profit was up 23% YoY.
SG narrows 2024 NODX growth forecast to 1.0% on weak H2 recovery
For 2025, Enterprise Singapore projects NODX growth of 1.0% to 3.0%.
Mooreast appoints Eirik Ellingsen as CEO
He will replace Mooreast Founder, Sim Koon Lam.
Non-oil domestic exports rebound, rising 9.2% YoY in Q3
In Q2, NODX fell 6.5% YoY.
S’pore’s NTU develops AI model for affordable farmer insurance
It could improve policyholders’ wealth by nearly 5% whilst being 37% cheaper.
TSH Resources Berhad profit drops by 12.1% in Q3
The company said this was due to low revenue in all of its segments.
Temasek Holdings raises stake in ST Engineering to 51%
Temasek bought 77,700 shares through DBS Bank via a market transaction.
OUE REIT issues $120m green notes at 3.90% due 2031
The notes are issued under the $2b Multicurrency Debt Issuance Programme.
Only 27% of SG companies implement AI to support employees
Majority are planning to invest an average of $32,000 in AI next year.
Podium raises $20.4m in Series A-1 funding round
Autodesk led the funding round, with participation from Schindler and Lendlease.
Boustead Singapore bags $90m E&C contract in Malaysia
The contract involves the construction of a data center.
Singapore captures over half of seed deals in SEA
Singaporean investors account for 22% of all seed funding participation.
Three in 10 SG employees face sharp mental health decline: Report
Anxiety and depression are three times higher in younger age groups.
ThaiBev’s net profit slips 0.8% YoY in FY2024
The decline was attributed to a downturn in its spirits and food businesses.
HSBC launches new loan programme to enhance business ESG performance
The firms’ sustainability performance will be evaluated through Ecovadis.
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Commentary
Singapore’s port model is under pressure as shipping disruptions reshape trade
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy
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Singapore’s SMEs are embracing AI, cybersecurity must keep up.
Game theory in the Gulf: Why Singapore should watch the Middle East carefully
When AI becomes the front door: How marketing in Singapore will really change in 2026
Singapore’s AI upskilling push is bold. Now employers must close the loop.