Consumers lost over $1.93 million after they paid in advance for services that were not delivered in 2024.

SINGAPORE’S economy is poised to remain dynamic in 2025, navigating through challenges such as geopolitical tensions and economic uncertainties

The cost of living and job security are among the concerns that will likely be addressed in PM Wong’s first Budget as prime minister.

Those polled said this was a comfortable sum, presumably because it would enable a person to have $2,500 a month to pay for their expenses from age 65 to 85.

He also awarded the man’s former wife 69 per cent of the matrimonial assets of about $10.2 million – which was more than the 50 per cent she had asked for.

T-bills caught the attention of investors from all walks of life here in the second half of 2022, when cut-off yields started climbing close to 3 per cent.

The official outlook for this year’s gross domestic product is 1 to 3 per cent, lower than the 4 per cent growth estimated for the full year in 2024.

This is above the 1.7 per cent forecast by economists in a Bloomberg poll. It is still the lowest since November 2021 when core inflation was 1.6 per cent.

Total output expanded 10.6 per cent year on year, after an upwardly revised 10.8 per cent increase in November and a modest 1.2 per cent rise in October.

The Singapore dollar is already near a two-year low against the US dollar, and options data shows trading of bearish wagers is dominating the market

Any remaining savings in the SA have been transferred to their OA, where they will earn 2.5 per cent interest a year.

This extended November’s 3.4 per cent rise and beat the 7.8 per cent rate expected by private-sector economists in a Bloomberg poll.