News

No record-high earnings for Singapore banks in 2024, but loans to recover

The US Federal Reserve is expected to start cutting rates in mid-2024.

No record-high earnings for Singapore banks in 2024, but loans to recover

The US Federal Reserve is expected to start cutting rates in mid-2024.

Currencycloud obtains In-Principle Approval for MPI licence in Singapore

It offers to ability to collect, convert, and spend multiple currencies across 180 markets.

How much of HDB rental costs can the government's new subsidy scheme cover?

Eligible Singaporeans can receive $300 vouchers monthly to rent HDB flats in the open market. 

Separate COE category for private-hire cars 'possible': MOT 

The next phase of the P2P sector review will be later this year. 

CCCS grants conditional approval for Air India, SIA, and Vistara transactions

The parties have proposed commitments specific to each transaction to address competition concerns.

About 10,000 flats set to rise in new housing area in Yishun

Eighty per cent of the units will be for public housing.

Singapore named the best Asian city for expats in 2024

The city-state has 1.23 million expats and migrant workers.

Taylor Swift’s concerts could boost March retail sales by $150m: expert

The pop star will hold six concerts in Singapore in March.

7 new stations at Thomson-East Coast Line to start passenger service on 23 June

During its preview on 21 June, rides in the stations will be free.

Singapore leads in construction digital transformation: study

Five in 10 firms plan to increase investments in quantity surveying software. 

Young couples to enjoy lower Initial down payment for HDB flats 

The government has reduced the initial down payment to 2.5% of the flat price. 

Gov't requires all firms hiring foreign construction workers to register under CRS

Amongst the requirements to register is a minimum paid-up capital of $50,000.

Gov’t ‘open to’ reviewing proposed one-off vehicle population boost with increased user-based charges

User-based charges, however, can't prevent traffic congestion alone, said Minister Chee.

Arrangement with Taylor Swift not an act of unfriendliness: PM Lee

Lee says Singapore aimed to bring in “visitors and goodwill” from all over Southeast Asia.

F&B sales drop 5.6% YoY in January

The lower F&B sales were partly due to CNY being celebrated in February.