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CNA938 Rewind - New GDP growth forecast, will we continue to see growth this year?
CNA938 Rewind - New GDP growth forecast, will we continue to see growth this year?

CNA

time3 days ago

  • Business
  • CNA

CNA938 Rewind - New GDP growth forecast, will we continue to see growth this year?

CNA938 Rewind - New GDP growth forecast, will we continue to see growth this year? Singapore's economy is set to grow faster than earlier expected this year. That's according to the Ministry of Trade and Industry (MTI), which raised its GDP growth forecast to between 1.5 and 2.5 per cent – up from zero to 2 per cent. But there have been warnings surrounding the outlook for the rest of the year, with global growth likely to slow due to U.S reciprocal tariffs taking effect. Lance Alexander and Daniel Martin speak with Alvin Liew, Senior Economist, UOB. CNA938 Rewind - Claire Javier – the singer-songwriter with ties to SG & The Philippines In 'Culture Club', Melanie Oliveiro speaks with Claire Javier, a rising indie-pop singer-songwriter who'll talk about her music — in particular the new single, 'Easy'. Javier will recall how she composed 'Easy' — a dreamy, tongue-in-cheek track that describes the surreal dream of a past fling. The Filipino-Singaporean will also talk about other single 'misbehave', performing on stage in front of a live audience, and how she has moved from her previous introspective work to a more narrative/confessional form of songwriting. Discover more Singaporean music and musicians – like Claire Javier – at an initiative by the National Arts Council, produced by independent music media company Bandwagon.

CNA938 Rewind - #TalkBack: Could we see an end to $10 SIM card plans, with recent mergers and acquisitions?
CNA938 Rewind - #TalkBack: Could we see an end to $10 SIM card plans, with recent mergers and acquisitions?

CNA

time3 days ago

  • Business
  • CNA

CNA938 Rewind - #TalkBack: Could we see an end to $10 SIM card plans, with recent mergers and acquisitions?

CNA938 Rewind - New GDP growth forecast, will we continue to see growth this year? Singapore's economy is set to grow faster than earlier expected this year. That's according to the Ministry of Trade and Industry (MTI), which raised its GDP growth forecast to between 1.5 and 2.5 per cent – up from zero to 2 per cent. But there have been warnings surrounding the outlook for the rest of the year, with global growth likely to slow due to U.S reciprocal tariffs taking effect. Lance Alexander and Daniel Martin speak with Alvin Liew, Senior Economist, UOB.

CNA938 Rewind - VERS; which estates could be first?
CNA938 Rewind - VERS; which estates could be first?

CNA

time3 days ago

  • Business
  • CNA

CNA938 Rewind - VERS; which estates could be first?

CNA938 Rewind - New GDP growth forecast, will we continue to see growth this year? Singapore's economy is set to grow faster than earlier expected this year. That's according to the Ministry of Trade and Industry (MTI), which raised its GDP growth forecast to between 1.5 and 2.5 per cent – up from zero to 2 per cent. But there have been warnings surrounding the outlook for the rest of the year, with global growth likely to slow due to U.S reciprocal tariffs taking effect. Lance Alexander and Daniel Martin speak with Alvin Liew, Senior Economist, UOB. CNA938 Rewind - Putting on the Ritz & Rizz – Enclave Bar's Founder In 'Made in SG', Melanie Oliveiro discovers the entrepreneurial journey of Ritz Ang, founder of Enclave a Thai-Singaporean bar and creative space located at 55A Neil Road. Ang will talk about how he got exposed to running a business as a child thanks to his parents who ran a KTV club at the former Golden Mile Complex. He'll then recall establishing Enclave from scratch and perfecting recipes for its signature Thai-inspired bar grub and specialty cocktails. Ang also explains how Enclave is also a cultural hub for creators, thinkers, and nightcrawlers. CNA938 Rewind - Claire Javier – the singer-songwriter with ties to SG & The Philippines In 'Culture Club', Melanie Oliveiro speaks with Claire Javier, a rising indie-pop singer-songwriter who'll talk about her music — in particular the new single, 'Easy'. Javier will recall how she composed 'Easy' — a dreamy, tongue-in-cheek track that describes the surreal dream of a past fling. The Filipino-Singaporean will also talk about other single 'misbehave', performing on stage in front of a live audience, and how she has moved from her previous introspective work to a more narrative/confessional form of songwriting. Discover more Singaporean music and musicians – like Claire Javier – at an initiative by the National Arts Council, produced by independent music media company Bandwagon.

Singapore stocks rise after US-China talks breakthrough; STI edges up 0.1%
Singapore stocks rise after US-China talks breakthrough; STI edges up 0.1%

Straits Times

time13-05-2025

  • Business
  • Straits Times

Singapore stocks rise after US-China talks breakthrough; STI edges up 0.1%

SINGAPORE - Local stocks finished the day higher after the United States and China on May 12 announced they would temporarily lower tariffs on each other's products in a 90-day cool-off period. On the Singapore Exchange, advancers beat decliners 371 to 209, as 1.4 billion securities worth $2.1 billion changed hands. The benchmark Straits Times Index (STI) gained 0.1 per cent or 4.89 points to 3,881.05. The index had earlier jumped after a joint statement by US and China stated that they would pause the punitive reciprocal tariffs on each others' products, cutting the existing duties by 115 percentage points. UOB economists Alvin Liew and Ho Woei Chen said the announcement will likely pave the way for a more durable trade agreement between the US and China in 90 days. 'With the pause, Chinese exporters are expected to resume frontloading of production and shipments to the US in the 90-day window, which would provide near-term boost to its economic outlook,' they said in a note. Regional indices were mixed. Hong Kong's Hang Seng Index fell 1.9 per cent, while Japan's Nikkei 225 rose 1.4 per cent. South Korea's Kospi ended almost flat. The Bursa Malaysia Kuala Lumpur Composite Index increased 2.3 per cent. Back home, the top gainer on the STI was maritime player Yangzijiang Shipbuilding, which leapt 4.2 per cent or $0.09 to $2.21. The index was dragged by technology and defence group ST Engineering, which lost 7.1 per cent or $0.54 to $7.09. This comes after the group posted on May 9 an 8 per cent rise in first quarter revenue to $2.9 billion. The three local banks gained ground on May 13. DBS climbed 1.2 per cent or $0.52 to $44.23, UOB increased 1.6 per cent or S$0.54 to S$35.37, and OCBC rose 0.7 per cent or S$0.12 to S$16.35. THE BUSINESS TIMES Join ST's Telegram channel and get the latest breaking news delivered to you.

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