Staff Reporter
MoneyHero posts first quarterly profit on cost cuts, AI efficiency gains
MoneyHero posts first quarterly profit on cost cuts, AI efficiency gains
Lower tech, marketing and staff expenses supported its $636,000 quarterly net profit.
Hormuz-linked crisis could surpass 1970s oil shock, stagflation looms
Additional support could be provided if conditions worsen, says PM Wong.
Mobile revenues to inch up 0.7% by 2030 as 5G offsets voice decline
Voice revenue may fall 5.8% as data and 5G usage drive market shift to 2030.
NTUC commits $37m as job security concerns rise amongst PMETs, graduates
The group’s survey showed that nearly one in five saw job security as a top concern.
Tripartite partners outline joint plans as AI transforms Singapore’s workforce
SNEF, MOM and NTUC will jointly push for skills, job redesign and workforce support.
Singapore forms Tripartite Jobs Council to buffer AI worker transition
Key focus areas include expanded training and targeted support for at-risk roles.
BCA to scrap overseas construction tests for China, Thailand in 2027
Hiring timelines are expected to drop from four months to one month.
Singapore, Philippines sign carbon credits deal under Article 6 framework
The deal sets rules for carbon credit projects and cross-border transfers between both countries.
MoneyMax to start Main Board trading on 6 May
The move follows the company’s completion of a placement of 53 million new shares.
AI skills boost engineer pay by up to 25%, NodeFlair finds
The report shows AI capability now commands a clear salary premium across engineering roles.
Refineries at half capacity threaten Singapore’s 2%–4% growth outlook
GDP grew 4.6% in the first quarter, down from 5.7% in H2 2025.
Monday Wrap: Wealth inflows, industrial shift, and condo resale slump
The wealth management sector is boosted by the geopolitical situation.
AI, memory demand drive semiconductor gains as electronics output jumps 30%
However, Middle East tensions put helium supply for chipmakers at risk.
Profitability improves in 2024 as Singapore firms’ ROA and ROE increase
ROA rises to 6.0% whilst ROE increases to 12.2% in 2024.
Job market faces emerging ‘talent paradox’ as hiring turns more selective: report
Applications rise as hiring turns skills-focused.
Services sector expects softer business conditions in Q2
Retail, F&B, and transport weigh on outlook.
Singapore manufacturers stay positive for Q2–Q3 despite sector headwinds
Precision engineering and electronics lead optimism.
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