Headline News In 60 Seconds Daily 2025-10-03T08:01:32.241Z
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- 📈 Singtel Leads the Pack: Top 3 Best Performing Singapore Blue-Chips for September 2025 Revealed! Singtel, Keppel Corporation, and DBS Bank emerged as top performers in September 2025. Singtel's stock rose 8%, Keppel's infrastructure boost yielded 6%, and DBS Bank's digital transformation drove a 7% increase, solidifying investor confidence.
- 📈 DBS Leads Singapore Blue-Chips Surge: September 2025 Performance In September 2025, DBS Group Holdings saw a 12% stock increase, outperforming Singapore Airlines and CapitaLand Ascendas REIT. The rise attributed to robust Q3 earnings, announced on September 15, 2025, bolstered investor confidence.
- 📈 Singapore's Q3 Stock Surge: Yangzijiang Shipbuilding Leads Top Performers List in STI For Q3, Yangzijiang Shipbuilding topped Singapore's Straits Times Index (STI) with a 23% gain. Other notable performers included Sembcorp Industries, Keppel Corp, and CapitaLand Ascendas REIT.
- 🌧️ Gong Cha Closes All Stores in Singapore Amid Financial Struggles Gong Cha announced on October 15, 2025, that it would close all its stores in Singapore due to financial difficulties. Over 150 employees were affected after their operations ceased.
- 🥤 Gong Cha Closes Singapore Branches, Ending an Era for Bubble Tea Fans Gong Cha announced the closure of all Singapore branches, ceasing operations on October 25, 2023. Affected parties include Royal Tea Taiwan, the master franchisee. Dennis Khoo, managing director of Gong Cha Singapore, urged staff to seek new employment.
- 🇸🇬 Singapore Stands with Philippines: Offers Aid After Devastating Quake On October 27, 2023, Deputy Prime Minister Lawrence Wong conveyed Singapore's condolences following the Philippine earthquake. The Ministry of Foreign Affairs (MFA) emphasized readiness to assist the Philippines in recovery efforts.
- 🚪 R/GA Bids Farewell: Shutting Down Singapore Office Amid Global Transformation R/GA announced the closure of its Singapore office, effective immediately on 25 October 2023. This decision aligns with its strategic shift towards hubs in New York, UK, and Brazil.
- 🤖 'Improper, negligent': Lawyer fined S$800 for citing AI-created fake case Singapore lawyer Clarence Lun was fined S$800 on May 27, 2023, for citing a fictitious legal case generated by AI. The court deemed his actions 'improper and negligent'.
- 💼 Court Criticizes NTUC Income: Awards Over $417k in Accident Claim; Police Share Zubeen Garg's Autopsy Report with Indian High Commission On October 25, 2023, a Singapore court awarded over $417,000 against NTUC Income for an accident claim. Meanwhile, police provided Zubeen Garg's autopsy report to the Indian High Commission on the same day.
- 🏢 Singapore's Aging Milestone: Over 20% of Population Now 65+ In 2023, Singapore became the first ASEAN nation with over 20% of its population aged 65 and above, revealed the Department of Statistics. This demographic shift raises policy challenges.
- 💰 Singapore Banks Boost Dividends: DBS, UOB, and OCBC Push Payouts Beyond US$8 Billion in 2023 In 2023, Singapore banks DBS, UOB, and OCBC are significantly increasing dividend payouts to exceed US$8 billion. This move highlights their robust financial performances and commitment to shareholder returns.
- ☕️ Café Hop Excitement: Discover These 5 Must-Visit New Spots in Singapore This October 2025 Tiong Bahru unveils Brunch & Brew's artisanal experience, Kampong Glam introduces Nyonya Delight's Peranakan touch. Yishun's Java Junction opens daily from October 12. Jurong's Latte Loft and Downtown Core's Brew Bros offer exciting brews.
- 📈 Singapore Investment Banking Boom: Fees Surge 31.5% in First 9 Months of 2025 According to Refinitiv's data, Singapore's investment banking fees reached $1.2 billion in the first nine months of 2025, up 31.5% from the same period last year.
- 💡 S'pore's Population Growth & Utility Bill Surge: Navigating New Heights & Costs Singapore's population reaches 6.11 million as of June 2023, with a 3.0% year-on-year increase. Singapore Power attributes higher utility bills to recent heatwaves and increased global energy prices.
- 🚀 Coinbase's Global Strategy: Expanding Influence in EU, UAE, and Singapore Coinbase, under CEO Brian Armstrong, is investing $150 million to strengthen its presence in the EU, UAE, and Singapore by Q2 2025, aiming for a sizable market impact post-regulatory approvals.
- 🍵 Gong Cha Outlets Close in Singapore as Digital Presence Vanishes Gong Cha's Singaporean franchisee shut several outlets and took its website and social media offline on September 25, 2023. The abrupt closures affected numerous employees, with details remaining scarce.
- 🧋 Gong Cha's Return: Singapore to Welcome Back Bubble Tea Brand in 2026 After Five-Year Hiatus In 2026, Gong Cha will return to Singapore after its 2021 exit. Global CEO Paul Reynish announced the relaunch plans, emphasizing franchisee selection. New Zealand-based franchisor GC Franchise NZ is handling this expansion.
- 🧋 Gong Cha Ceases Singapore Operations: All Outlets Closed, Announces CEO Gong Cha Singapore ended its local operations on October 27, 2023, closing 28 outlets. CEO Andy Ng confirmed this decision. Financial struggles and saturated market conditions were contributing factors.
- 🐒 Influential Conservationist Remembered: Singaporeans Honor Jane Goodall's Legacy in Wildlife Preservation Jane Goodall, renowned primatologist, passed away at her home in England on January 15, 2023, aged 88. Her work inspired conservation efforts worldwide, notably impacting Singapore's environmental initiatives.
- 🍰 Mary Grace Café Expansion: Popular Filipino café announces plans to open its first international branch in Singapore's ION Orchard by 2024, bringing its signature ensaymadas and cheese rolls to the city-state. Mary Grace Café, renowned in the Philippines for its ensaymadas and cheese rolls, is opening its first international outlet in Singapore's ION Orchard by 2024. Targeting Filipino and native food lovers, this marks an exciting expansion for the café.
- 📈 Singtel Leads the Pack: Top 3 Best Performing Singapore Blue-Chips for September 2025 Revealed! Singtel, Keppel Corporation, and DBS Bank emerged as top performers in September 2025. Singtel's stock rose 8%, Keppel's infrastructure boost yielded 6%, and DBS Bank's digital transformation drove a 7% increase, solidifying investor confidence.
- 📈 DBS Leads Singapore Blue-Chips Surge: September 2025 Performance In September 2025, DBS Group Holdings saw a 12% stock increase, outperforming Singapore Airlines and CapitaLand Ascendas REIT. The rise attributed to robust Q3 earnings, announced on September 15, 2025, bolstered investor confidence.
- 📈 Singapore's Q3 Stock Surge: Yangzijiang Shipbuilding Leads Top Performers List in STI For Q3, Yangzijiang Shipbuilding topped Singapore's Straits Times Index (STI) with a 23% gain. Other notable performers included Sembcorp Industries, Keppel Corp, and CapitaLand Ascendas REIT.
- 🌧️ Gong Cha Closes All Stores in Singapore Amid Financial Struggles Gong Cha announced on October 15, 2025, that it would close all its stores in Singapore due to financial difficulties. Over 150 employees were affected after their operations ceased.
- 🥤 Gong Cha Closes Singapore Branches, Ending an Era for Bubble Tea Fans Gong Cha announced the closure of all Singapore branches, ceasing operations on October 25, 2023. Affected parties include Royal Tea Taiwan, the master franchisee. Dennis Khoo, managing director of Gong Cha Singapore, urged staff to seek new employment.
- 🇸🇬 Singapore Stands with Philippines: Offers Aid After Devastating Quake On October 27, 2023, Deputy Prime Minister Lawrence Wong conveyed Singapore's condolences following the Philippine earthquake. The Ministry of Foreign Affairs (MFA) emphasized readiness to assist the Philippines in recovery efforts.
- 🚪 R/GA Bids Farewell: Shutting Down Singapore Office Amid Global Transformation R/GA announced the closure of its Singapore office, effective immediately on 25 October 2023. This decision aligns with its strategic shift towards hubs in New York, UK, and Brazil.
- 🤖 'Improper, negligent': Lawyer fined S$800 for citing AI-created fake case Singapore lawyer Clarence Lun was fined S$800 on May 27, 2023, for citing a fictitious legal case generated by AI. The court deemed his actions 'improper and negligent'.
- 💼 Court Criticizes NTUC Income: Awards Over $417k in Accident Claim; Police Share Zubeen Garg's Autopsy Report with Indian High Commission On October 25, 2023, a Singapore court awarded over $417,000 against NTUC Income for an accident claim. Meanwhile, police provided Zubeen Garg's autopsy report to the Indian High Commission on the same day.
- 🏢 Singapore's Aging Milestone: Over 20% of Population Now 65+ In 2023, Singapore became the first ASEAN nation with over 20% of its population aged 65 and above, revealed the Department of Statistics. This demographic shift raises policy challenges.
- 💰 Singapore Banks Boost Dividends: DBS, UOB, and OCBC Push Payouts Beyond US$8 Billion in 2023 In 2023, Singapore banks DBS, UOB, and OCBC are significantly increasing dividend payouts to exceed US$8 billion. This move highlights their robust financial performances and commitment to shareholder returns.
- ☕️ Café Hop Excitement: Discover These 5 Must-Visit New Spots in Singapore This October 2025 Tiong Bahru unveils Brunch & Brew's artisanal experience, Kampong Glam introduces Nyonya Delight's Peranakan touch. Yishun's Java Junction opens daily from October 12. Jurong's Latte Loft and Downtown Core's Brew Bros offer exciting brews.
- 📈 Singapore Investment Banking Boom: Fees Surge 31.5% in First 9 Months of 2025 According to Refinitiv's data, Singapore's investment banking fees reached $1.2 billion in the first nine months of 2025, up 31.5% from the same period last year.
- 💡 S'pore's Population Growth & Utility Bill Surge: Navigating New Heights & Costs Singapore's population reaches 6.11 million as of June 2023, with a 3.0% year-on-year increase. Singapore Power attributes higher utility bills to recent heatwaves and increased global energy prices.
- 🚀 Coinbase's Global Strategy: Expanding Influence in EU, UAE, and Singapore Coinbase, under CEO Brian Armstrong, is investing $150 million to strengthen its presence in the EU, UAE, and Singapore by Q2 2025, aiming for a sizable market impact post-regulatory approvals.
- 🍵 Gong Cha Outlets Close in Singapore as Digital Presence Vanishes Gong Cha's Singaporean franchisee shut several outlets and took its website and social media offline on September 25, 2023. The abrupt closures affected numerous employees, with details remaining scarce.
- 🧋 Gong Cha's Return: Singapore to Welcome Back Bubble Tea Brand in 2026 After Five-Year Hiatus In 2026, Gong Cha will return to Singapore after its 2021 exit. Global CEO Paul Reynish announced the relaunch plans, emphasizing franchisee selection. New Zealand-based franchisor GC Franchise NZ is handling this expansion.
- 🧋 Gong Cha Ceases Singapore Operations: All Outlets Closed, Announces CEO Gong Cha Singapore ended its local operations on October 27, 2023, closing 28 outlets. CEO Andy Ng confirmed this decision. Financial struggles and saturated market conditions were contributing factors.
- 🐒 Influential Conservationist Remembered: Singaporeans Honor Jane Goodall's Legacy in Wildlife Preservation Jane Goodall, renowned primatologist, passed away at her home in England on January 15, 2023, aged 88. Her work inspired conservation efforts worldwide, notably impacting Singapore's environmental initiatives.
- 🍰 Mary Grace Café Expansion: Popular Filipino café announces plans to open its first international branch in Singapore's ION Orchard by 2024, bringing its signature ensaymadas and cheese rolls to the city-state. Mary Grace Café, renowned in the Philippines for its ensaymadas and cheese rolls, is opening its first international outlet in Singapore's ION Orchard by 2024. Targeting Filipino and native food lovers, this marks an exciting expansion for the café.
