Headline News In 60 Seconds Daily 2025-01-03T08:01:14.977Z
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- 📈 Singapore Economy Surges: 4.0% Growth in 2024 Exceeds Expectations Singapore's economy grew by 4.0% in 2024, surpassing projections by economists. This growth, fueled by robust exports and manufacturing, underscores the island nation's resilience amid challenging global economic conditions.
- 📦 SingPost Leadership Update: Neo Su Yin Appointed Group COO of SingPost Neo Su Yin has been appointed as the new Group Chief Operating Officer (COO) of Singapore Post Limited (SingPost). Announced on October 16, 2023, Neo, previously SingPost’s Chief Executive Officer of Postal Services, will bring her expertise to her new role, ensuring operational efficiency and service excellence within the organization.
- 📈 Singapore's Economy Boost: Q4 2024 Sees a 4.3% Growth Surge Singapore's economy expanded by 4.3% in Q4 2024, according to data released on January 15, 2025. The manufacturing sector contributed significantly, supported by electronics demand. Meanwhile, the services sector indicated solid performance.
- 📈 Leadership Changes at SingPost: New Group COO Appointed Amid Executive Shake-Up Vincent Phang is appointed as the new Group Chief Operating Officer of Singapore's SingPost on September 29, 2023, as the company undergoes major executive changes to strengthen its operational capabilities.
- 🏠 Surge in Singapore Home Prices: Year-End Sales Drive Property Market Comeback Singapore’s home prices rebound as significant year-end sales activity boosts the market. This follows a previous dip in the third quarter and is driven by increased demand and competitive pricing strategies by developers.
- 🟢 Optimism in Singapore Market: STI Records 0.2% Gain as 2024 Trading Commences On January 2, 2024, the Straits Times Index (STI) in Singapore saw a 0.2% rise at the start of the year. Key contributors included Singapore Airlines and DBS Group.
- ⚖️ Nominate Now! Singapore Top Lawyers 2025 Nominations for the 2025 Singapore top lawyers event hosted by Law Asia are open until November 15, 2024. Legal professionals across sectors and companies are encouraged to participate.
- ⚠️ Singapore-Japan Bulker Collision: Investigation Underway The Singapore-flagged "MV Sea Moon" collided with the Japanese-flagged "MV Rising Sun" near Ningbo, China, on October 16, 2023, at approximately 8:00 AM local time. No casualties reported. The collision resulted in significant hull damage to both vessels, with early estimates suggesting repair costs nearing $5 million. Authorities, including the China Maritime Safety Administration, are investigating the incident, focusing on potential navigational errors.
- 🌟 Singapore Economy Shines: GDP Surges 4%, Exceeds Predictions Singapore's economy grew by 4% in 2024, surpassing analysts' predictions. The Ministry of Trade and Industry announced on January 2, 2025, indicating a robust performance despite global economic challenges.
- 🏘️ Singapore’s Property Surge: Year-End Sales Drive Home Prices Upward According to data from the Urban Redevelopment Authority, Singapore's private residential property prices increased by 2.1% in the third quarter of 2023. This rebound followed a previous quarterly decline of 0.2%.
- 🧧 Hongbao Note Bookings Open: Secure your appointments starting January 7th for festive currency exchange. From January 7, 2023, the Monetary Authority of Singapore allows reservations for new hongbao notes before Chinese New Year, facilitating an organized distribution process to meet high public demand.
- 💼 State Street Names Singapore Country Head: Jason Rich has been appointed as State Street's Singapore country head, as of April 4, 2022, after previously serving at the company as the head of asset management for Australia.
- 🏢 Condo Boom: CDL and Partners Launch New Singapore Project Amid Surging Demand City Developments Limited (CDL) and MCL Land started selling residential units at Tembusu Grand in Singapore on January 2nd, 2025. The project features 638 units, with prices starting at SGD 1.5 million each.
- 🎆 Singapore Celebrates SG60: River Hongbao 2025 Rings in the Milestone with Spectacular Firecrackers and Lantern Displays River Hongbao 2025, organized by Singapore's Chinese Community Advisory Committee, will feature firecracker displays and 60 themed lanterns from January 30. The event marks Singapore's SG60 National Day celebrations, drawing thousands to the Floating Platform.
- 🌟 Spectacular Celebrations Await at River Hongbao 2025: Firecrackers and Lantern Displays Set to Amaze Visitors 🌟 Spectacular Celebrations Await at River Hongbao 2025: Firecrackers and Lantern Displays Set to Amaze Visitors The River Hongbao 2025 starts January 30, 2025. Held in Singapore's Marina Bay Floating Platform, the event features stunning firecrackers and lanterns. Organised by Singapore Federation of Chinese Clan Associations. Estimated cost: S$5 million.
- 🏡 Singapore Property Market Sees 2.3% Rise in Q4 2024, but Growth Slows Annually Singapore's private residential property prices increased by 2.3% in Q4 2024, marking a slower annual growth compared to the 2023 rates. This period reflects varying dynamics in the 2024 property market landscape.
- 🌱 Singapore Equities Market: Review Group Explores Seed Money Strategies to Boost Listings A government-led review group in Singapore is strategizing on methods to attract high-growth companies by accessing seed capital. The initiative aims to enhance the city's competitive edge in the global equities market.
- 🍽️ Singapore's Culinary Delights: Exciting New Restaurant Openings this January Cheek Bistro debuts with creative modern British dishes on January 15th. Kafe Utu expands its vibrant African offerings from January 12th. Don’t miss Analogue Initiative's sustainable plant-based menu, opening January 20th.
- 📈 Singapore Stocks Surge: STI Advances 0.4% on 2025's First Trading Day On January 2, 2025, Singapore's Straits Times Index (STI) climbed 13.4 points or 0.4%, ending at 3,217.35. Local banking giants DBS, OCBC, and UOB led the gains, boosting market confidence.
- 🏠 Singapore Housing Market Surge: Resale Prices Climb 9.6% Ahead of 2025 Election Resale prices for Singapore's public housing increased by 9.6% as of early October 2023, according to the Urban Redevelopment Authority. The surge happens amid preparations for the upcoming 2025 national election.
- 📈 Singapore Economy Surges: 4.0% Growth in 2024 Exceeds Expectations Singapore's economy grew by 4.0% in 2024, surpassing projections by economists. This growth, fueled by robust exports and manufacturing, underscores the island nation's resilience amid challenging global economic conditions.
- 📦 SingPost Leadership Update: Neo Su Yin Appointed Group COO of SingPost Neo Su Yin has been appointed as the new Group Chief Operating Officer (COO) of Singapore Post Limited (SingPost). Announced on October 16, 2023, Neo, previously SingPost’s Chief Executive Officer of Postal Services, will bring her expertise to her new role, ensuring operational efficiency and service excellence within the organization.
- 📈 Singapore's Economy Boost: Q4 2024 Sees a 4.3% Growth Surge Singapore's economy expanded by 4.3% in Q4 2024, according to data released on January 15, 2025. The manufacturing sector contributed significantly, supported by electronics demand. Meanwhile, the services sector indicated solid performance.
- 📈 Leadership Changes at SingPost: New Group COO Appointed Amid Executive Shake-Up Vincent Phang is appointed as the new Group Chief Operating Officer of Singapore's SingPost on September 29, 2023, as the company undergoes major executive changes to strengthen its operational capabilities.
- 🏠 Surge in Singapore Home Prices: Year-End Sales Drive Property Market Comeback Singapore’s home prices rebound as significant year-end sales activity boosts the market. This follows a previous dip in the third quarter and is driven by increased demand and competitive pricing strategies by developers.
- 🟢 Optimism in Singapore Market: STI Records 0.2% Gain as 2024 Trading Commences On January 2, 2024, the Straits Times Index (STI) in Singapore saw a 0.2% rise at the start of the year. Key contributors included Singapore Airlines and DBS Group.
- ⚖️ Nominate Now! Singapore Top Lawyers 2025 Nominations for the 2025 Singapore top lawyers event hosted by Law Asia are open until November 15, 2024. Legal professionals across sectors and companies are encouraged to participate.
- ⚠️ Singapore-Japan Bulker Collision: Investigation Underway The Singapore-flagged "MV Sea Moon" collided with the Japanese-flagged "MV Rising Sun" near Ningbo, China, on October 16, 2023, at approximately 8:00 AM local time. No casualties reported. The collision resulted in significant hull damage to both vessels, with early estimates suggesting repair costs nearing $5 million. Authorities, including the China Maritime Safety Administration, are investigating the incident, focusing on potential navigational errors.
- 🌟 Singapore Economy Shines: GDP Surges 4%, Exceeds Predictions Singapore's economy grew by 4% in 2024, surpassing analysts' predictions. The Ministry of Trade and Industry announced on January 2, 2025, indicating a robust performance despite global economic challenges.
- 🏘️ Singapore’s Property Surge: Year-End Sales Drive Home Prices Upward According to data from the Urban Redevelopment Authority, Singapore's private residential property prices increased by 2.1% in the third quarter of 2023. This rebound followed a previous quarterly decline of 0.2%.
- 🧧 Hongbao Note Bookings Open: Secure your appointments starting January 7th for festive currency exchange. From January 7, 2023, the Monetary Authority of Singapore allows reservations for new hongbao notes before Chinese New Year, facilitating an organized distribution process to meet high public demand.
- 💼 State Street Names Singapore Country Head: Jason Rich has been appointed as State Street's Singapore country head, as of April 4, 2022, after previously serving at the company as the head of asset management for Australia.
- 🏢 Condo Boom: CDL and Partners Launch New Singapore Project Amid Surging Demand City Developments Limited (CDL) and MCL Land started selling residential units at Tembusu Grand in Singapore on January 2nd, 2025. The project features 638 units, with prices starting at SGD 1.5 million each.
- 🎆 Singapore Celebrates SG60: River Hongbao 2025 Rings in the Milestone with Spectacular Firecrackers and Lantern Displays River Hongbao 2025, organized by Singapore's Chinese Community Advisory Committee, will feature firecracker displays and 60 themed lanterns from January 30. The event marks Singapore's SG60 National Day celebrations, drawing thousands to the Floating Platform.
- 🌟 Spectacular Celebrations Await at River Hongbao 2025: Firecrackers and Lantern Displays Set to Amaze Visitors 🌟 Spectacular Celebrations Await at River Hongbao 2025: Firecrackers and Lantern Displays Set to Amaze Visitors The River Hongbao 2025 starts January 30, 2025. Held in Singapore's Marina Bay Floating Platform, the event features stunning firecrackers and lanterns. Organised by Singapore Federation of Chinese Clan Associations. Estimated cost: S$5 million.
- 🏡 Singapore Property Market Sees 2.3% Rise in Q4 2024, but Growth Slows Annually Singapore's private residential property prices increased by 2.3% in Q4 2024, marking a slower annual growth compared to the 2023 rates. This period reflects varying dynamics in the 2024 property market landscape.
- 🌱 Singapore Equities Market: Review Group Explores Seed Money Strategies to Boost Listings A government-led review group in Singapore is strategizing on methods to attract high-growth companies by accessing seed capital. The initiative aims to enhance the city's competitive edge in the global equities market.
- 🍽️ Singapore's Culinary Delights: Exciting New Restaurant Openings this January Cheek Bistro debuts with creative modern British dishes on January 15th. Kafe Utu expands its vibrant African offerings from January 12th. Don’t miss Analogue Initiative's sustainable plant-based menu, opening January 20th.
- 📈 Singapore Stocks Surge: STI Advances 0.4% on 2025's First Trading Day On January 2, 2025, Singapore's Straits Times Index (STI) climbed 13.4 points or 0.4%, ending at 3,217.35. Local banking giants DBS, OCBC, and UOB led the gains, boosting market confidence.
- 🏠 Singapore Housing Market Surge: Resale Prices Climb 9.6% Ahead of 2025 Election Resale prices for Singapore's public housing increased by 9.6% as of early October 2023, according to the Urban Redevelopment Authority. The surge happens amid preparations for the upcoming 2025 national election.
