News

Singapore’s FIs ready for asset quality risks: MAS

Singapore’s FIs ready for asset quality risks: MAS

Financial institutions are in strong capital and liquidity positions and have healthy profits.

Netlink NBN Trust revises wholesale prices for 2 segments

The revised prices will take effect from 1 April 2024.

Business receipts of service industries rise 3.2% YoY in 3Q23

Recreation & Personal Services had the highest growth in revenue amongst industries.

Two adjoining Gentle Road properties sell for $30.9m 

Pinnacle Projects won the tender for the properties.

Candidates speaking these languages can earn the highest salaries in Singapore

The trade and construction industry offers the highest salaries for foreign language speakers.

High-end non-landed home price growth momentum slows

It grew by 0.4% QoQ in the third quarter of 2023.

Here's how OCBC's new money lock feature works

The feature's purpose is to be a strong defence against malware and phishing scams.

WWF-Singapore names new CEO

He will take over starting 1 January.

Sri Trang Gloves closes subsidiary over recurring operational losses

Its subsidiary reported almost two years of net profit losses.

Marco Polo Marine H2 net profits surged nearly 77%

Growth was driven by its ship chartering and shipyard segments.

Singapore seeks reelection to IMO Council

The 33rd council assembly will discuss developing issues related to the maritime industry.

Young Singaporeans less optimistic in averting climate crisis

Only 41.3% of Singaporeans are optimistic in averting a climate disaster. This is 5.7% lower than the current global average.

Community and mental health wellness drive consumers to gym

Growing consumer emphasis on community engagement and mental health in their fitness journey is becoming a trend that is reshaping the industry.

SG companies to adjust finances amidst 1% GST increase

Singapore's Minister of Finance announced that the GST rate will be increased from 7% to 8% from January 1, 2023 and then from 8% to 9% from January 1, 2024.

Yangzijiang Financial to invest $1b outside China over next 5 years

The company plans to increase its investments outside China over the next five years to 50%.