News
Singapore set to remain fastest-growing private wealth hub in next 5 years
Singapore set to remain fastest-growing private wealth hub in next 5 years
Bloomberg Intelligence said Singapore “retains a unique edge with deep Southeast Asia connectivity."
Singapore bond issuance hits record $44.6b in first nine months
DBS Group Holdings, UOB, and DBS Bank each issued $2.59b.
Equity capital market sees strongest YTD issuance since 2021
By sector (issuers), Real Estate led with $3.48b, accounting for 46.3% of the proceeds.
M&A value rises 7.1% to $69.7b in first nine months
By deal direction, target-Singapore activity jumped 31.3% to $29.39b.
GDP forecast raised to 1.5–2.5% on easing inflation, lower rates
Q2 2025 GDP growth at 4.4% YoY, with inflation at 0.8% and unemployment at 2.1%.
Nanofilm CEO’s son steps up as General Manager
He will oversee operations and support the company’s business plans.
Sports and music lead event travel choices in APAC, survey finds
The F1 Grand Prix is the standout event that travellers would cross borders to attend.
Singlife partners Fullerton to expand investment offerings on GROW
GROW will serve as a key wealth platform for Fullerton’s investment solutions.
Gamuda wins $1.01b land tender in Singapore
It will comprise up to 875 residential units.
Singapore’s private banking industry seeks to strengthen philanthropy advisory
They want to enhance advisors’ capabilities related to making philanthropic decisions.
COTD: Islandwide retail supply pipeline peaks in 2025
However, supply is expected to ease from 2026 through 2029.
Aman to open first Singapore property at The Skywaters
It will include a hotel and a limited number of branded residences.
Nintendo sets up Singapore subsidiary to drive SEA growth
It has a capital stock of $8m.
mm2 Asia seeks 90-day extension for FY2025 AGM
The delay is due to pending audit work.
Hong Leong unveils 462-unit Penrith development in Queenstown
Prices for two-bedroom units start from $1.495m, or $2,437 per square foot.
Gov’t to stop use of Child Dev’t Accounts at optical shops, retail pharmacies
This decision followed audit findings that showed a higher risk of misuse at these outlets.
ExxonMobil to cut up to 15% of SG staff
It will also move its office to Jurong by 2027.
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