Car COE renewals in Q1 2025 highest since same period in 2020
The cost to renew a COE is based on the average COE premium in the three preceding months. A five-year COE renewal costs half as much as a 10-year one.
US Fed minutes saw rising inflation, jobless risks as of May meeting
The shift caused many analysts to lower recessions risks that Fed staff as of early May had considered “almost as likely as the baseline” of slowing but continued growth.
Government may remove 15-month wait-out period when HDB resale prices begin to moderate: Chee Hong Tat
Over the next three years, it will build at least 50,000 new flats. Key collection for 2025 is on track, with 19,000 households expected to collect keys to their new HDB flats.
More S’pore businesses expect economy to worsen, cost pressures to rise: SBF survey
Businesses in the hotels, restaurants and accommodation, health and social services as well as retail trade sectors showed high pessimism about economic prospects for the next 12 months
Asia markets cautiously welcome US court ruling to block Trump tariffs
“However, should the markets get their way, the courts could delay and then deny these tariffs, removing one massive risk and undoubtedly stoking risk appetite.”
Singapore households’ debt up, but asset growth more than keeps pace
A liabilities-to-assets ratio of 11 per cent means that 11 per cent of a household’s assets are financed by debt. If the ratio is falling, then increasingly fewer assets are being financed by debts.
Real wages in Singapore up 3.2% in 2024 but fewer firms planning increment this year: MOM
After accounting for inflation, which eased from 2023, real wages grew by 3.2 per cent in 2024, up from 0.4 per cent in 2023, MOM said
South-east Asia sees near 150% rise in heart disease, study shows
In 2021, 37 million people in the region had cardiovascular disease, and 1.7 million died from it.
Front-loading drives Singapore’s factory output growth, which slows to 5.9% in April but far exceeds estimates
The Republic’s manufacturing output gained 5.9 per cent year on year in April, slipping from the previous month’s upwardly revised 6.8 per cent growth.
US risks losing ‘reliable investment’ status, Allianz Global Investors manager says
If passed by the Senate, a repeal of the IRA “would mark a sharp reversal in US clean-tech policy”, Bibani said.
Life expectancy of Singapore’s population rises in 2024, marking improvement over Covid-19 years
Over the last decade, life expectancy for men improved by 0.9 year from 80.3 years in 2014, while female life expectancy improved by 0.8 year from 84.8 years in 2014.
Tether focuses elsewhere while US seeks to regulate stablecoins
Stablecoins have become crucial to the functioning of crypto markets, with about US$243 billion of them in circulation in May 2025.