Stories from Singapore · Singapore

Analysts note that hardware fixed assets in Singapore are currently expensive and have seen increases. The high cost and appreciation of hardware fixed assets in Singapore suggest a need for reasonable high-low switching within sectors.

National Development Minister Chee Hong Tat stated that new measures will encourage more prudent financial decisions. He added that these measures will also ensure Executive Condominiums (ECs) are primarily used to meet genuine housing needs.

The Singapore Food Agency (SFA) suspended a total of 144 coffee shops and eating houses last year. This figure is more than double the 62 cases reported in 2024.

The number of houses affected has more than doubled compared to the 62 cases reported in 2024. This indicates over 124 affected houses in the current period.

Singapore's vegetable farm productivity increased by 10% in 2025 compared to 2024, and seafood farm productivity saw a 27% jump. Minister for Sustainability and the Environment, Grace Fu, attributed these gains to farmers, industry partners, and government agencies. Despite these productivity increases, the supply of some food items dipped in 2025, with chicken supply specifically dropping by 27%. This productivity is measured in tonnes per hectare. Separately, the number of sea-based farms in the country fell by 5 to a total of 67.

Singaporean developers are now required to reserve 90% of Executive Condominiums (ECs) for foreigners and corporate entities.

Buyers of new Executive Condominiums (ECs) in Singapore must fulfill a minimum occupation period of 10 years before they can rent out their unit, purchase another residential property, or sell to Singaporeans and permanent residents. After 15 years, EC homeowners are permitted to sell their units to any buyer, including foreigners and corporate entities. Developers are also required to reserve 90% of ECs. Developers will also be required to reserve 90% of EC units for first-time families during the first month from a project's launch date.

OCBC, Singapore's second largest bank, reported a 5% year-on-year increase in net profit for the January to March quarter, reaching 1.97 billion Singapore dollars. The bank's income from wealth and insurance businesses hit record levels during this period.

Middle East, Singapore, and Qatar have reaffirmed the importance of free transit. The source noted that uncertainty from the Trump administration in Washington is complicating regional stability.

The Financial Action Task Force (FATF) released a report stating Singapore has a robust framework for combating financial crime. The global watchdog noted that areas for improvement remain, specifically regarding the enhancement of certain regulatory processes.