Headline News In 60 Seconds Daily 2025-08-08T08:02:06.366Z
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- 🏢 Struggles in Singapore: Ageing Condos Face Infrastructure Woes and Financial Challenges In Singapore, Longvale condominium confronts failing infrastructures like water seepage and cracks. The managing agent, Wisely 98, reports sinking funds of a mere $270,000, insufficient for repairs. A 65-year-old resident, Mr. Tan, shares concerns about safety and increased repair costs discussed during a meeting on April 12, 2023.
- ⚽ Singapore’s Girls Deserve More than Cheers: A Call for Support in Football Danelle Tan, Singapore’s youth footballer, expresses the challenges girls face in pursuing football dreams. She highlights the need for more support and resources beyond applause, urging action towards equality in sports.
- 💹 DBS Bank's Profits Soar: Singapore’s largest lender surpasses expectations with a 1% net profit increase in Q2. DBS, Singapore's biggest lender, reported a net profit of S$2.7 billion for Q2, up 1% from 2022, beating analysts' forecasts. CEO Piyush Gupta highlighted strong loan growth and fee income as key drivers.
- 📈 DBS Bank's Profit Surprise: Singapore's DBS beats forecasts with a 1% rise in Q2 net profit DBS Group Holdings, Singapore's largest bank, reported a 1% rise in net profit to S$2.7 billion for the second quarter of 2023. This result, announced on August 3, 2023, exceeded market expectations. The improved performance was attributed to a rise in net interest income and strong loan growth, despite economic challenges.
- 📈 DBS Bank's Earnings Rise: Singapore's DBS reports a 1% increase in second-quarter net profit, marking a steady financial performance. DBS Group Holdings achieved a net profit of S$2.69 billion for Q2 2023, attributed to improved loan growth and fee income, despite challenging market conditions. CEO Piyush Gupta emphasized strong client activities and effective risk management.
- 📉 UOB's Q2 Earnings Dip: Singapore Bank's Net Profit Falls by 6%, Missing Forecasts United Overseas Bank's net profit in Singapore fell to $1.15 billion in Q2 2025, missing analysts' forecasts of $1.23 billion. The decline was attributed to weaker market conditions as of August 6, 2025.
- 📈 Singapore REITs Increase Dividends: Four real estate investment trusts, IREIT Global, CapitaLand Ascott Trust, EC World REIT, and Keppel REIT, raised their dividends in the third quarter of 2023. IREIT Global declared a 4.4% dividend increase year-on-year. CapitaLand Ascott Trust's DPU rose as its NPI hit S$75 million. EC World REIT's distributable income grew 63.1%. Keppel REIT continued its robust performance.
- 💹 Dividend Growth: 4 Singapore REITs Boost Payouts Keppel DC REIT, Starhill Global REIT, IREIT Global, and Mapletree Commercial Trust increased their dividends in Q3 2023, enhancing distributions to shareholders in Singapore as reported on October 26, 2023.
- 🎉 Celebrating 60 Years: NTUC and Singapore's Journey of Progress and Partnership The National Trades Union Congress (NTUC) marked its 60th anniversary on May 1, 2023. NTUC, pivotal in Singapore's growth, honored its history and foresaw future challenges faced by workers globally.
- 🩺 Urgent Appeal for Tilly: 5-Year-Old Critical in Singapore After Illness Tilly Grubb, 5, from Christchurch, is in Singapore's National University Hospital's ICU after a stomach bug turned severe on October 4, 2023. The Grubb family urgently needs funds for medical costs.
- 🛍️ Retail Rivalry: Singapore's GSS and New Retail Festival Compete for Consumers' Attention CNA938 Rewind discusses Singapore's ability to host two major sales events: the Great Singapore Sale (GSS) in June and the Singapore Retail Festival in July. Retail expert, Samuel Tan, highlights logistical challenges and consumer demand.
- 🌐 Singapore and Indonesia Bolster Security Ties for Regional Stability On August 7, 2025, Singapore and Indonesia announced new initiatives to strengthen regional security and social collaboration. Coordinated via Indiplomacy, the effort includes joint trainings, cultural exchanges, and technology sharing.
- 🎉 Celebrating Milestones: Benoy Marks Singapore's 60th Year with a Grand Fashion Showcase Held on August 1st! 🎉 Benoy Celebrates Singapore's Landmark 60th Anniversary: Grand Fashion Showcase on August 1st Wows Audience! Benoy celebrated Singapore's 60th anniversary with a grand fashion showcase on August 1st, 2025. The event highlighted cutting-edge designs and innovative architecture at the Marina Bay Sands Convention Centre. CEO Tom Cartledge and local designers showcased Benoy's commitment to sustainability and urban innovation, emphasizing strong ties with the Singaporean community. The celebration underscored Benoy's five-decade-long presence in Singapore's architectural landscape.
- 💹 DBS Maintains 2025 Outlook; UOB Lowers Expectations Amid Mixed Q2 Results DBS Group Holdings Ltd affirms its 2025 outlook after reporting $1.7 billion net profit in Q2. Meanwhile, UOB Group cuts growth forecasts, acknowledging market volatility and increased provision expenses as challenges.
- 🌍 Resilience Reinvented: Singapore's Plan for a Sustainable Future Singapore aims to solidify its global standing through revitalized strategies focusing on sustainability, innovation, and resilience, as detailed in the program aired on October 16, 2023, featuring key government initiatives.
- 🏡 Hong Kong Boosts Domestic Helper Influx: Stringent measures in Taiwan and a shrinking pool in Singapore see Hong Kong emerge as a top destination for workers from the Philippines and Indonesia. In April 2023, Hong Kong witnessed a surge of foreign domestic workers arriving, primarily from the Philippines and Indonesia. In contrast, Taiwan's tightened regulations, and Singapore's limited worker pool have shifted preferences. Hong Kong companies report a steady demand increase, facilitated by competitive wages and relaxed entry policies. This shift highlights strategic moves by Hong Kong to meet domestic demand amidst regional competition.
- 🎵 Rediscovered Lyrics Reignite National Pride: McCann Singapore's NDP Anthem McCann Singapore and composer Dr. Sydney Tan have resurrected a long-forgotten lyric for the NDP 2023 anthem, "Shine Your Light," which celebrates 58 years of independence with modern tones and communal spirit.
- 🧪 Chemical Odor Concerns: NEA and SCDF Conduct Inspections Across Affected Areas in Singapore On October 23, 2023, the National Environment Agency (NEA) and the Singapore Civil Defence Force (SCDF) launched inspections in Jurong due to a reported chemical smell. Forrest Li plans to boost local football as part of Singapore's sports revival.
- 🌉 Bridging Asia: Singapore’s Migrant Children Forge Links Singapore's diverse landscape, shaped by migrant families, provides children unique cultural insights. They can play crucial roles in connecting Singapore with broader Asian markets, facilitating cultural exchanges and enhancing economic ties across the region.
- 🔍 Singapore Weapon and Vape Bust: Man, 27, arrested in Woodlands with weapons, vapes, and illegal cigarettes Singapore Police arrested a 27-year-old man in a Woodlands Crescent apartment on September 15, 2023, discovering stun devices, knuckle dusters, 15 vapes, and duty-unpaid cigarettes.
- 🏢 Struggles in Singapore: Ageing Condos Face Infrastructure Woes and Financial Challenges In Singapore, Longvale condominium confronts failing infrastructures like water seepage and cracks. The managing agent, Wisely 98, reports sinking funds of a mere $270,000, insufficient for repairs. A 65-year-old resident, Mr. Tan, shares concerns about safety and increased repair costs discussed during a meeting on April 12, 2023.
- ⚽ Singapore’s Girls Deserve More than Cheers: A Call for Support in Football Danelle Tan, Singapore’s youth footballer, expresses the challenges girls face in pursuing football dreams. She highlights the need for more support and resources beyond applause, urging action towards equality in sports.
- 💹 DBS Bank's Profits Soar: Singapore’s largest lender surpasses expectations with a 1% net profit increase in Q2. DBS, Singapore's biggest lender, reported a net profit of S$2.7 billion for Q2, up 1% from 2022, beating analysts' forecasts. CEO Piyush Gupta highlighted strong loan growth and fee income as key drivers.
- 📈 DBS Bank's Profit Surprise: Singapore's DBS beats forecasts with a 1% rise in Q2 net profit DBS Group Holdings, Singapore's largest bank, reported a 1% rise in net profit to S$2.7 billion for the second quarter of 2023. This result, announced on August 3, 2023, exceeded market expectations. The improved performance was attributed to a rise in net interest income and strong loan growth, despite economic challenges.
- 📈 DBS Bank's Earnings Rise: Singapore's DBS reports a 1% increase in second-quarter net profit, marking a steady financial performance. DBS Group Holdings achieved a net profit of S$2.69 billion for Q2 2023, attributed to improved loan growth and fee income, despite challenging market conditions. CEO Piyush Gupta emphasized strong client activities and effective risk management.
- 📉 UOB's Q2 Earnings Dip: Singapore Bank's Net Profit Falls by 6%, Missing Forecasts United Overseas Bank's net profit in Singapore fell to $1.15 billion in Q2 2025, missing analysts' forecasts of $1.23 billion. The decline was attributed to weaker market conditions as of August 6, 2025.
- 📈 Singapore REITs Increase Dividends: Four real estate investment trusts, IREIT Global, CapitaLand Ascott Trust, EC World REIT, and Keppel REIT, raised their dividends in the third quarter of 2023. IREIT Global declared a 4.4% dividend increase year-on-year. CapitaLand Ascott Trust's DPU rose as its NPI hit S$75 million. EC World REIT's distributable income grew 63.1%. Keppel REIT continued its robust performance.
- 💹 Dividend Growth: 4 Singapore REITs Boost Payouts Keppel DC REIT, Starhill Global REIT, IREIT Global, and Mapletree Commercial Trust increased their dividends in Q3 2023, enhancing distributions to shareholders in Singapore as reported on October 26, 2023.
- 🎉 Celebrating 60 Years: NTUC and Singapore's Journey of Progress and Partnership The National Trades Union Congress (NTUC) marked its 60th anniversary on May 1, 2023. NTUC, pivotal in Singapore's growth, honored its history and foresaw future challenges faced by workers globally.
- 🩺 Urgent Appeal for Tilly: 5-Year-Old Critical in Singapore After Illness Tilly Grubb, 5, from Christchurch, is in Singapore's National University Hospital's ICU after a stomach bug turned severe on October 4, 2023. The Grubb family urgently needs funds for medical costs.
- 🛍️ Retail Rivalry: Singapore's GSS and New Retail Festival Compete for Consumers' Attention CNA938 Rewind discusses Singapore's ability to host two major sales events: the Great Singapore Sale (GSS) in June and the Singapore Retail Festival in July. Retail expert, Samuel Tan, highlights logistical challenges and consumer demand.
- 🌐 Singapore and Indonesia Bolster Security Ties for Regional Stability On August 7, 2025, Singapore and Indonesia announced new initiatives to strengthen regional security and social collaboration. Coordinated via Indiplomacy, the effort includes joint trainings, cultural exchanges, and technology sharing.
- 🎉 Celebrating Milestones: Benoy Marks Singapore's 60th Year with a Grand Fashion Showcase Held on August 1st! 🎉 Benoy Celebrates Singapore's Landmark 60th Anniversary: Grand Fashion Showcase on August 1st Wows Audience! Benoy celebrated Singapore's 60th anniversary with a grand fashion showcase on August 1st, 2025. The event highlighted cutting-edge designs and innovative architecture at the Marina Bay Sands Convention Centre. CEO Tom Cartledge and local designers showcased Benoy's commitment to sustainability and urban innovation, emphasizing strong ties with the Singaporean community. The celebration underscored Benoy's five-decade-long presence in Singapore's architectural landscape.
- 💹 DBS Maintains 2025 Outlook; UOB Lowers Expectations Amid Mixed Q2 Results DBS Group Holdings Ltd affirms its 2025 outlook after reporting $1.7 billion net profit in Q2. Meanwhile, UOB Group cuts growth forecasts, acknowledging market volatility and increased provision expenses as challenges.
- 🌍 Resilience Reinvented: Singapore's Plan for a Sustainable Future Singapore aims to solidify its global standing through revitalized strategies focusing on sustainability, innovation, and resilience, as detailed in the program aired on October 16, 2023, featuring key government initiatives.
- 🏡 Hong Kong Boosts Domestic Helper Influx: Stringent measures in Taiwan and a shrinking pool in Singapore see Hong Kong emerge as a top destination for workers from the Philippines and Indonesia. In April 2023, Hong Kong witnessed a surge of foreign domestic workers arriving, primarily from the Philippines and Indonesia. In contrast, Taiwan's tightened regulations, and Singapore's limited worker pool have shifted preferences. Hong Kong companies report a steady demand increase, facilitated by competitive wages and relaxed entry policies. This shift highlights strategic moves by Hong Kong to meet domestic demand amidst regional competition.
- 🎵 Rediscovered Lyrics Reignite National Pride: McCann Singapore's NDP Anthem McCann Singapore and composer Dr. Sydney Tan have resurrected a long-forgotten lyric for the NDP 2023 anthem, "Shine Your Light," which celebrates 58 years of independence with modern tones and communal spirit.
- 🧪 Chemical Odor Concerns: NEA and SCDF Conduct Inspections Across Affected Areas in Singapore On October 23, 2023, the National Environment Agency (NEA) and the Singapore Civil Defence Force (SCDF) launched inspections in Jurong due to a reported chemical smell. Forrest Li plans to boost local football as part of Singapore's sports revival.
- 🌉 Bridging Asia: Singapore’s Migrant Children Forge Links Singapore's diverse landscape, shaped by migrant families, provides children unique cultural insights. They can play crucial roles in connecting Singapore with broader Asian markets, facilitating cultural exchanges and enhancing economic ties across the region.
- 🔍 Singapore Weapon and Vape Bust: Man, 27, arrested in Woodlands with weapons, vapes, and illegal cigarettes Singapore Police arrested a 27-year-old man in a Woodlands Crescent apartment on September 15, 2023, discovering stun devices, knuckle dusters, 15 vapes, and duty-unpaid cigarettes.
