News

RHB Singapore to lead group’s pivot toward ASEAN growth

RHB Singapore to lead group’s pivot toward ASEAN growth

In 2024, RHB Singapore reported an 18.6% increase in total income to $252.6m, whilst gross loans grew by 14.7% to $8.95b. 

Singapore launches $200m fund to build aviation workforce

The fund is part of a broader $1b package unveiled by the government in March.

Investors pivot to S-REITs, bank stocks as T-bill yields drop to 1.8%: analyst

The report said Singapore-listed REITs (S-REITs) and major local banks are well-positioned to absorb this liquidity shift.

Singapore employers report turnover rise with delayed pay hikes

45% of employers surveyed either reduced or postponed pay rises this year, whilst 17% did not issue any salary increases. 

AI poised to power Singapore’s 3% annual GDP growth

The report attributed Singapore’s strong AI momentum to its early national strategies, public-private collaboration, and targeted infrastructure investments.

NHG Health expands access to diabetic foot and eye screenings

This fuels efforts to enhance early detection and management.

SCCCI and Maybank collaborate to drive more investments in JS-SEZ

The MoU is expected to benefit an estimated 5,000 SCCCI corporate members.

Tripartite MoU signed to expand RAS accessibility in Singapore

One key focus area is research into tele-surgical education and training.

Prime office rents rise 0.9% YoY in Q2

Knight Frank said Singapore’s prime office market remains stable.

Condo prices dip by 0.2% MoM in June

Year on year, overall rental prices increased by 2.5%.

Sing Holdings wins Chuan Grove tender

The partners will form a joint venture company to complete the acquisition.

PropNex inks partnerships on sustainability, healthcare

Under the MoU with Vantage Automotive, both organisations will promote green mobility.

OCBC, Singapore universities explore quantum tech in finance

The year-long partnerships aim to study the use of quantum computing and cryptography in derivative pricing, fraud detection, and data security.

SG-listed companies fall short in climate-related disclosure: report

Only 36% of listed companies have set net-zero targets, and a third of those have not disclosed any transition plans.

Singapore risks export slump in H2 as front-loading effects fade

Front-loading activity could lead to a slowdown in the months ahead, the report stated.

S-REITs hold DPU flat as market prices in rate-cut optimism: analyst

CGS International has reiterated its Overweight rating on the sector.