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LIVE UPDATES: Singapore Budget 2023

Finance Minister Lawrence Wong said the budget will be about “Moving Forward in a New Era.”

LIVE UPDATES: Singapore Budget 2023

Finance Minister Lawrence Wong said the budget will be about “Moving Forward in a New Era.”

Thomson Medical Group EBITDA soars 41% in H1

The increase was due to a sudden demand for healthcare services focusing on personal health.

Singapore's new insurance premiums fall 5.2% in 2022

Rising interest rates and inflation dented demand for life insurance products.

High interest rates carry DBS to record net profit of $8.19b in 2022

Total income surpassed $16b for the first time in the bank’s history.

Singapore pledges economic cooperation with Indian state Uttar Pradesh

Multiple MOUs were signed between Singapore and the Indian state.

GDP growth to ease in 2023 at 0.5%-2.5%

In 2022, the economy expanded by 3.6%.

Non-oil domestic exports unlikely to grow in 2023: forecast

Enterprise Singapore’s NODX growth projection is -2.0% to 0.0%.

ThaiBev's EBITDA drops 7.7% YoY in Q123

The company attributed its EBITDA performance to cost push amongst others.

Sembcorp to co-establish 5 industrial parks in Vietnam for $1.3b

The company will set up the industrial parks with Becamex IDC Corporation.

Grab changes MP Pei Ling’s role in the company amidst debate on her appointment

The MP was earlier appointed as Grab’s Director of Public Affairs & Policy. 

Chart of the Day: Prices for non-landed market in OCR decline 2.6% QoQ

Price growth remained muted in the fourth quarter of 2022.

Resale flats demand rebounds to pre-cooling measures levels: analyst

Almost a 15% increase was recorded in HDB resale flat sales.

Securities market outlook not positive: RHB

SGX has not ruled out the possibility of acquisitions which might impact higher dividends.

IRAS extends simplified tax filing to over 2 million taxpayers

More than 100,000 employers are expected to participate in the scheme.