Electricity and Gas Tariffs to Drop in Early 2025 Amid Lower Energy Costs
Families in Singapore can expect reduced energy bills as tariffs for electricity and gas decrease in the first quarter of 2025. SINGAPORE – Household energy...
Tampines Bus Routes Contract Open for Bids, Electric Fleet Operations to Be Prioritized
The upcoming tender for 27 public bus routes in Tampines from 2026 will focus on sustainability and innovation, with electric buses playing a key role....
Two New Ride-Hailing Operators to Launch in Singapore
Geo Lah and Trans-Cab Receive Provisional Licences for 2025 The Land Transport Authority (LTA) has awarded provisional ride-hailing licences to two new operators, Geo Lah...
Core Inflation Slows to 1.9% in November, Raising Hopes for Policy Easing
Economists Predict Possible Easing of Monetary Policy Following Lower-than-Expected Inflation Singapore’s core inflation rate dropped to 1.9% in November, easing more than expected, according to...
PM Wong to deliver 2025 Budget statement on Feb 18
Cost-of-living issues and jobs are among the key themes Prime Minister and Finance Minister Lawrence Wong will deliver Singapore’s Budget 2025 statement in Parliament on...
Alibaba-Backed IM Motors to Compete with Tesla in Singapore
The electric vehicle brand aims to disrupt the premium EV market with high-tech innovations. SINGAPORE – IM Motors, an electric vehicle (EV) brand founded through...
Lim Ming Yan to Lead Changi Airport Group as Chairman from April 2025
The seasoned leader will oversee CAG’s growth, including the ambitious Terminal 5 project. SINGAPORE – Lim Ming Yan, current chairman of the Singapore Business Federation...
Shell Suspends Pulau Bukom Unit After Suspected Oil Leak
Containment measures in place as authorities closely monitor the situation. SINGAPORE – Energy giant Shell has temporarily shut down one of its oil-processing units at...
Plans by Singapore banks to broaden product providers, offerings under SRS framework shelved
Competition watchdog ends review of proposed framework after DBS, OCBC, and UOB withdraw joint application The Competition and Consumer Commission of Singapore (CCCS) has halted...
COE Supply to Expand in 2025, but Premium Reductions Remain Uncertain
Despite a projected increase in COE supply, deregistration trends and distribution challenges could sustain high prices. SINGAPORE – The supply of Certificates of Entitlement (COEs)...
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