The police said cryptocurrencies formed a considerable proportion of scam losses, accounting for more than $81 million in the first half of 2025.

The drop in core inflation was driven by a fall in the prices of retail and other goods, as well as lower electricity and gas prices,

The payout growth rate will rise from the current 2 per cent a year to 4 per cent a year from 2026 to 2030. Consequently, those who make a claim in 2030, for instance, will get $806 a month instead of $731.

Sheng Siong - With a market capitalisation of around S$3.1 billion, the supermarket operator is in the big league. Its share price has risen by some 26 per cent this year. 

This was a decrease from the 1.77 per cent offered in the previous six-month auction that closed on Jul 31.

The gross domestic product (GDP) growth forecast was raised to 1.5 per cent to 2.5 per cent, from an earlier range of 0 per cent to 2 per cent, the Ministry of Trade and Industry (MTI) said on Aug 12.

The cuts reflect the ongoing decline of interest rates globally and could push customers to explore alternative investment options offering more attractive yields.

Between 2022 and 2024, ILPs’ share of new business rose from 25 to 39 per cent. The trend continues this year. In LIA’s latest data for the six months to June, ILPs’ share rose from 31 per cent in 2023 to 43 per cent in 2025.

The estimated total retail sales value in June 2025 was $4 billion. Of this, an estimated 13.6 per cent were from online retail sales, higher than the 12.3 per cent recorded in the previous month.

The Straits Times understands the seven customers have not been able to withdraw their deposits amounting to more than $4 million that are held by Tokenize Xchange.

The platform, which allows users to trade investment products such as equities, exchange-traded funds (ETFs) and mutual funds, announced its exit on July 27.

As at Tuesday afternoon, it was at S$1.2870. The currency pair is still down around 5.7 per cent year to date.