News

Seven out of 10 workers are stressed amid lack of employer support

The support for mental health has diminished as businesses shift focus post-pandemic, despite continued high stress levels among workers. 

S’pore to surpass the US in AI investments

AI investment by the Singapore government is about 16% more compared to the US.

Budget Direct Insurance eases GST burden, also adopts Singpass Mobile

E-vouchers with 9% GST savings will be offered when customers purchase a new car or motorcycle plan online.

Kita extends carbon insurance specialities in Singapore

It aims to offer carbon insurance products that aid carbon projects, carbon credit buyers, and intermediaries in the market.

Daily Markets Briefing: STI down 0.42%; Top stock is DBS

DBS is the top stock despite a 0.282% decline.

Study shows young adults becoming more active in buying new private homes

Median age of Singaporean homebuyers now at record low of 39 years old.

Suburban private housing market takes spotlight with surge in new supply

OCR project launches were limited in the past five years.

Inflation edges up to 3.7% in December

In 2023, headline inflation averaged 4.8%.

LTA extends card-based ticketing system as SimplyGo undergoes enhancement

SimplyGo users can exchange their cards for CBT cards for free.

MOH sets deadline for Cordlife to comply with regulations

Cordlife has not been allowed to collect, store, or process new cord blood since 30 Nov.

Resale home volume drops to a three-year low in 4Q23

Only 2,586 units exchanged hands last quarter.

NETS to resume selling and use of FlashPay card

The current card-based ticketing system will operate alongside the SimplyGO system.

What are the top five equity deals in Singapore in 4Q23?

The top company accounted for 20.9% of the total funding in the last quarter of the year.   The Series B funding of chiplet technology company Silicon Box was the top equity deal in Singapore in the fourth quarter, data from CB Insights' "State of Venture Report” showed.