Technology Updates: HWZ SG60 Tech Special: The best of local tech

Source:

https://www.hardwarezone.com.sg/lifestyle/sg60-local-tech-brands-spotlight-singapore

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Singapore’s 60th anniversary is a moment to reflect on how far the nation has advanced, especially in technology. In just six decades, Singapore transformed from a vulnerable young country into a global hub for aviation, finance, and shipping. This rapid rise was powered by continuous investment in technology and innovation, supported by homegrown companies that helped shape national progress.

HardwareZone’s SG60 Tech Special highlights the local tech brands that have contributed to Singapore’s development and are now driving its future growth. These stories honour pioneers and innovators across various fields, from defence to fintech, AI, gaming, and consumer technology.

In lifestyle tech, companies like Razer — led by Tan Min-Liang — have elevated Singapore’s global presence, with initiatives such as its AI Centre of Excellence. The gaming sector also showcases homegrown successes that have expanded internationally.

Tech giants with operations in Singapore have also bolstered the country’s growth, contributing expertise and infrastructure to sectors like defence and engineering. ST Engineering, for example, plays a major role through projects like the Republic of Singapore Navy’s Multi-Role Combat Vessel, designed as a modular drone-capable platform.

Other local innovators include Aztech Global, focused on engineering advancements; smart-home and broadband companies shaping everyday convenience; fintech and e-commerce players such as YouTrip and Ijooz, which have redefined digital payments and automated retail; and platforms like Grab, which are now essential to daily life.

Singapore’s technology ecosystem continues to evolve, built on the contributions of these companies and many others. The SG60 tribute underscores how local tech brands not only supported nation-building but also position Singapore for its next era of innovation-driven growth.

Opinion:

Singapore companies are the best! 😁

Investing Updates: Could Renting Out An HDB Flat To “Retire” Overseas Be The Singapore Dream For Some?

Source:

https://dollarsandsense.sg/could-renting-out-an-hdb-flat-to-retire-overseas-be-the-singapore-dream-for-some/

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Some Singaporeans seeking early financial freedom are exploring an unconventional FIRE strategy: renting out their HDB flat and “retiring” overseas through geoarbitrage. Instead of aggressively investing or maximising income, this approach turns their existing flat into a passive-income asset that funds a lower-cost lifestyle abroad. This is particularly appealing to couples without children.

The article models a typical scenario: a 35-year-old couple that bought a four-room HDB five years earlier and has just met the MOP. Their outstanding mortgage is about $200,000, costing $1,070 per month on a HDB loan. A Punggol four-room flat can rent for around $3,200 monthly. After deducting agent fees, maintenance and vacancy, net rental income is roughly $32,000 a year, or $2,666 per month. Combined with $100,000 invested in blue-chip stocks and REITs yielding 4% annually, the couple earns about $3,000 per month in passive income.

While this is insufficient for Singapore, it allows a comfortable lifestyle in lower-cost Southeast Asian cities. In Thailand (Chiang Mai, Hua Hin), a couple can live on $1,500–$2,000 monthly. Malaysia (Penang, Ipoh) offers good quality of life for $2,000–$2,500. Vietnam’s Da Nang or Ho Chi Minh City ranges $2,000–$2,500, while parts of Indonesia can be below $2,000.

However, the strategy comes with trade-offs. Renting out the flat leaves the couple without a home base in Singapore, making return trips expensive unless they can stay with family. Healthcare abroad may lack subsidies, and private insurance varies in coverage. Families with children face schooling challenges, and this geoarbitrage model only works in lower-cost countries. Higher-cost regions like Europe, Japan or Australia would require much greater assets.

Overall, renting out an HDB flat to “retire” overseas is possible for some, but it requires sacrifices, realistic budgeting, and acceptance of lifestyle constraints.

Investing Updates: More than 6 in 10 retail investors in Singapore hold crypto, but allocation size conservative: survey

Source:

https://www.businesstimes.com.sg/companies-markets/more-6-10-retail-investors-singapore-hold-crypto-allocation-size-conservative-survey

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A new joint study by SingSaver and Coinbase shows that 61% of retail investors in Singapore hold cryptocurrency, but their exposure remains cautious. Most crypto holders keep allocations small: 74% allocate less than 10% of their total assets to crypto, while only 8% invest more than 25%. The median investor portfolio is between S$3,000 and S$5,000, and the average holder owns about three cryptocurrencies, with diversification common but still concentrated in major coins.

The report describes investors as “ambitious but cautious,” noting that over half identify as HODLers, signalling long-term conviction in crypto’s value. Meanwhile, 20% trade actively and 22% trade occasionally. This aligns with diverging perceptions of crypto: 44% view it as an asset, while 29% see it as a speculative tool, highlighting crypto’s dual identity in the market.

Crypto adoption is driven heavily by younger investors. Over 70% of holders are aged 18 to 34, with equal representation between the 18–25 and 25–34 age groups. Only 12% of holders are above 45, reinforcing crypto’s appeal among digital-native demographics.

Education remains a challenge. Social media is the dominant source of crypto learning, cited by 62% of respondents, followed by friends, family, and online media or exchange blogs. However, volatility (68%) and knowledge gaps (57%) remain key barriers preventing wider adoption.

Despite these concerns, interest persists: 27% of non-holders plan to invest in the next year, while 33% are undecided. The report concludes that future growth in Singapore’s crypto market depends on improved education, transparency, security, and reliability. Clarifying crypto’s role—whether investment or speculation—will be essential for long-term integration into the financial landscape.

Investing Updates: Are Singaporeans Moving Away From Property As A Retirement Strategy?

Source:

https://stackedhomes.com/are-singaporeans-moving-away-from-property-as-a-retirement-strategy/#sh.y9lnms

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Polls claiming that Singaporeans are abandoning property as a retirement strategy are misleading because they often reflect the agenda of the organisations funding them rather than true public sentiment. A Manulife survey suggests only 35% now view property as a key retirement tool—down from 65% previously—while ERA and PropNex polls show strong continued preference for real estate, with many still seeing property as a retirement nest egg. These contradictions arise largely from how survey questions are framed, how samples are selected, and where respondents are sourced.

Younger Singaporeans responding to online surveys—often priced out of the market or unable to buy—naturally show less enthusiasm for property investing. Older respondents in offline polls, who benefited from past appreciation or already own homes, tend to be more positive. Question phrasing also heavily influences responses: highlighting costs pushes people away from property, while emphasising tangibility steers them toward it.

Insurers have incentives to downplay property’s importance in retirement planning because money committed to real estate is money not invested in policies like annuities or ILPs. Conversely, property agencies have reasons to promote real estate despite rising prices, cooling measures, and higher capital requirements.

Ultimately, these surveys reveal more about the motivations of insurers and property agencies than about Singaporeans’ genuine retirement preferences. Many “polls” function as disguised marketing, and the author argues they may as well be straightforward ads. Ads can be repeated, while publications rarely run the same poll editorial twice, making these survey-based promotions less efficient and no more persuasive.

The article then continues with broader property news, such as sales rankings, price trends, and notable gainers and losers in the market.

Investing Updates: SGX to reduce board lot sizes to 10 units for securities above $10

Source:

https://www.theedgesingapore.com/news/eqdp/sgx-reduce-board-lot-sizes-10-units-securities-above-10

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The Singapore Exchange (SGX) will reduce the board lot size for securities priced above $10 from the current 100 units to 10 units, according to an announcement made on Nov 19 as part of the Monetary Authority of Singapore’s (MAS) equities market review. The change aims to make higher-priced stocks more accessible to retail investors and to stimulate overall trading activity. This is the first adjustment since January 2015, when board lots were reduced from 1,000 to 100 units to lower the investment threshold for blue-chip and other large-cap counters.

MAS says the smaller board lot size will allow investors to buy into a wider range of equities with lower capital outlay, helping broaden market participation. Alongside this change, SGX will introduce measures to expand the offering of investment products linked to SGX-listed securities. These include enabling portfolio management services, fractional trading, and robo-investing for SGX counters, potentially aligning Singapore’s market practices more closely with those seen in major global exchanges. Fractional trading, in particular, is expected to appeal to younger or smaller-scale investors seeking greater flexibility in position sizing.

Additionally, SGX plans to adopt a broker custody account model, which MAS notes is consistent with international norms and may attract more globally active asset managers. Despite the shift, retail investors can continue using their traditional CDP (Central Depository) direct accounts if preferred, ensuring continuity for those accustomed to existing arrangements.

SGX will conduct a public consultation in 1Q2026 before implementing the rule changes, giving market participants the opportunity to provide feedback. Overall, the adjustments are intended to modernise Singapore’s equity market structure, enhance accessibility and competitiveness, and support long-term investor engagement across retail and institutional segments.

Technology Updates: ‘Excuse me, are you S’porean?’: Lions Befrienders’ upgraded AI agent calls seniors in familiar voice

Source:

https://www.straitstimes.com/singapore/health/excuse-me-are-you-sporean-lions-befrienders-upgraded-voice-ai-calls-seniors-in-familiar-voice

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Lions Befrienders has upgraded its Singlish-speaking AI voice agent to better support Singapore’s rapidly ageing population, using it to automate daily check-ins with seniors living alone. The enhanced system, tested by 100 seniors including 69-year-old Mr Tan Hwee Leng, now responds almost instantly and sounds far more natural than the earlier 2024 version, which many users found mechanical. The AI asks about availability, interests and volunteering, and adapts when seniors say they are busy, helping reduce loneliness through familiar, human-like conversation.

The social service agency plans to officially launch the upgraded agent by March 2026, enabling outreach to scale significantly despite manpower limits. Lions Befrienders currently supports more than 10,000 seniors and operates 10 active ageing centres. The new system helps automate missed-check-in callbacks and flags urgent cases—such as seniors feeling unwell—so staff can respond quickly. It aims to minimise social isolation and complement staff who typically make 15-minute personal calls.

Developed with Seasalt.ai and Twilio, the agent is linked to a senior database, allowing hundreds of personalised conversations daily, with plans to increase capacity into the thousands. Twilio also enables SMS/WhatsApp interactions and provides transcripts for case files. The AI is being trained to understand more local languages and dialects including Malay, Tamil, Hokkien and Cantonese, with support from A*Star’s MERaLion model. Future upgrades will include emotion detection, enabling the system to sense changes in tone or distress.

Voice AI is gaining traction in healthcare, and Twilio notes growing interest in patient engagement and virtual assistant use cases. Seniors like Mr Tan are enthusiastic, anticipating a future where the AI can inform them about activities without needing to visit a centre, making support more accessible and personalised.

Gaming Updates: Nintendo eShop finally arrives in Singapore with Switch Online from S$4.90

Source:

https://www.hardwarezone.com.sg/entertainment/gaming/nintendo-eshop-singapore-malaysia-thailand-switch-online-pricing

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Nintendo has officially launched the Nintendo eShop and Nintendo Switch Online service in Singapore, alongside Malaysia and Thailand, marking a long-awaited expansion of its digital ecosystem in Southeast Asia. The move brings full local support, including Singapore-priced games, local currency payments and access to Nintendo’s online subscription tiers.

Switch Online in Singapore now offers multiple membership options. Prices start from S$4.90 per month for the basic Nintendo Switch Online plan, while the full Switch Online + Expansion Pack tier costs S$69.90 per year for individuals. A 12-month Family Membership, supporting up to eight accounts, is priced at S$119.90. The Expansion Pack provides access to classic Nintendo game libraries and online multiplayer features, including titles like Mario Kart World. For many players, the annual Expansion Pack membership offers the best value.

Existing Nintendo Switch users who previously switched their eShop regions can easily migrate to the Singapore storefront. By logging into their Nintendo Account and selecting “Singapore” under country/region settings, users gain access to the local eShop while still being able to update previously downloaded games from other regions.

To celebrate the regional launch, major publishers such as Square Enix are offering limited-time discounts across select titles. Games like Dragon Quest III HD-2D Remake and Octopath Traveller II are currently discounted between 35% and 60%, making this an ideal moment for players who were waiting for deals.

Overall, Nintendo’s entry into Singapore’s digital gaming market brings greater convenience, better pricing transparency and full access to online services that were previously limited or unavailable. The launch also signals Nintendo’s growing commitment to Southeast Asian gamers, who can now tap into the complete Switch ecosystem more seamlessly than ever.

Investing Updates: Singapore’s SGX to launch Bitcoin and Ether perps as institutional demand climbs

Source:

https://cointelegraph.com/news/singapore-exchange-bitcoin-ether-perpetual-futures-institutional-demand

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Singapore Exchange (SGX) is expanding its crypto derivatives suite with the launch of Bitcoin and Ether perpetual futures on Nov. 24, targeting rising institutional demand for regulated digital asset products. The new offerings from SGX Derivatives enable accredited and expert investors to take leveraged positions on BTC and ETH without contract expiration, a feature that has made perpetuals one of the most actively traded crypto instruments worldwide.

SGX said the products address increasing interest from institutional players and the growing convergence between traditional finance and crypto-native markets. The perpetual contracts will operate under oversight from the Monetary Authority of Singapore (MAS), aligning with the country’s cautious but progressive regulatory approach.

This rollout marks Singapore’s second set of BTC and ETH perpetual futures, following EDXM International’s introduction of similar products on July 23, which also included futures for Solana and XRP among its 44 listed crypto contracts.

Despite the expansion of trading offerings, Singapore maintains tight regulatory controls. Under the Financial Services and Markets Act (FSM) passed in April 2022, MAS gained broader powers to supervise crypto firms headquartered in Singapore but serving overseas markets. MAS also required local digital token service providers to stop offering services abroad by June 30 unless they secured proper licenses. Violations may incur fines of up to SG$250,000 and jail terms of up to three years.

Cryptocurrencies are legal in Singapore but are not considered legal tender. They are regulated as digital payment tokens, securities or utilities, depending on their characteristics. According to Chainalysis, Singapore ranks 15th globally in crypto adoption, reflecting steady but measured growth in the sector.

Food Updates: 7-Eleven Singapore Launches First-Ever Halal K-Snacks Featuring Korean-Inspired Kimbap & Onigiri

Source:

https://alvinology.com/2025/11/14/7-eleven-singapore-launches-first-ever-halal-k-snacks-featuring-korean-inspired-kimbap-onigiri/

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7-Eleven Singapore has launched its first-ever Halal-certified K-Snacks range, now available at all outlets island-wide. Designed for students, office workers, and K-food lovers seeking a quick and flavourful bite, the new lineup features Korean-inspired kimbap and onigiri that blend convenience with authentic taste. Each item is crafted with seasoned rice, tender proteins, and hearty vegetables, offering a mix of sweet, spicy, and savoury flavours reminiscent of classic Korean comfort food.

The limited-time menu includes four main items. The Creamy Gochujang Chicken Onigiri ($2.50) features tender chicken coated in a creamy gochujang sauce, wrapped in soft rice and nori for a balanced spicy and creamy profile. The Stir-Fried Garlic Chicken Onigiri ($2.50) offers a rich, aromatic option with garlic-infused chicken enveloped in seasoned rice. For those who prefer kimbap, the Bulgogi Chicken Kimbap ($3.50) combines juicy bulgogi-style chicken with rice, carrots, and spinach, tied together with a sweet soy glaze that delivers familiar Korean flavours in an easy-to-eat roll. The Gochujang Chicken Kimbap ($3.50) amps up the heat with spicy gochujang-marinated chicken, enhanced by crunchy carrots, mushrooms, spinach, and tangy pickled radish for a satisfying textural contrast.

To elevate the experience, 7-Eleven is also debuting its first AI-generated jingle—a lively, playful tune designed to accompany the K-Snack launch and capture the excitement of enjoying these new offerings. The combination of Halal-certified ingredients, Korean-inspired recipes, affordable pricing, and a fun promotional soundtrack positions the K-Snacks range as a convenient and appealing option for anyone craving a quick Korean-style treat on the go.

Investing Updates: Singapore not aiming for Singdollar to be reserve currency: MAS’ Chia Der Jiun

Source:

https://www.businesstimes.com.sg/companies-markets/singapore-not-aiming-singdollar-be-reserve-currency-mas-chia-der-jiun

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Singapore Not Aiming for Singdollar to Be a Global Reserve Currency: MAS’ Chia Der Jiun (270 words)

The Monetary Authority of Singapore (MAS) does not seek for the Singapore dollar (SGD) to become a global reserve currency, according to MAS managing director Chia Der Jiun. Speaking ahead of the Singapore Fintech Festival, Chia emphasised that while the Singdollar has strong credibility, it lacks key attributes needed for global reserve-currency status, particularly scale and large, liquid asset markets that supply safe assets for global investors.

Analysts agree that Singapore prefers not to internationalise the Singdollar, as doing so could undermine MAS’ exchange-rate-driven monetary policy framework. The SGD’s limited offshore use and small market size allow MAS to maintain control over currency liquidity and prevent speculative flows.

Still, the Singdollar is seen as a regional safe-haven asset. Backed by Singapore’s macroeconomic and political stability, rule of law, AAA credit rating and credible exchange-rate policy, the currency has gained more than 4% against the US dollar year-to-date, prompting forecasts such as DBS’ projection that it could reach parity with the USD by 2040.

Analysts note that Singapore already holds many qualitative traits of a reserve currency — trustworthiness, safety and a well-functioning financial system. BNP Paribas’ Chandresh Jain expects the SGD to further strengthen as a regional reserve asset rather than a global one. DBS’ Philip Wee highlighted its status as one of the world’s few remaining AAA currencies not eroded by ultra-loose policies or rising debt, making it a reliable store of value.

The SGD is already among the world’s top 10 most-traded currencies, with Singapore ranked the third-largest FX centre globally. Looking ahead to 2026, analysts expect the SGD to continue appreciating, supported by MAS’ steady policy stance and a likely weaker US dollar.

Investing Updates: Moomoo to open first physical stores in Singapore across Lendlease malls

Source:

https://www.edgeprop.sg/property-news/moomoo-open-first-physical-stores-singapore-across-lendlease-malls

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Moomoo to Open First Physical Stores in Singapore Across Lendlease Malls (270 words)

Moomoo Singapore, the online trading and investment platform, is expanding into physical retail through a new partnership with Australian real estate group Lendlease, marking its first move into brick-and-mortar experiences in Singapore. The collaboration will see Moomoo launch three retail touchpoints across Lendlease’s malls: 313@somerset, Jem and Parkway Parade.

Two permanent concept stores at 313@somerset (939 sq ft) and Jem (739 sq ft) are scheduled to open by the end of 2025, signalling Moomoo’s official entry into the physical retail space. These stores aim to reshape how consumers learn about investing by offering in-person assistance, interactive product education, and personalised support for both new and existing Moomoo users. The spaces are designed to foster community engagement and provide a more approachable introduction to investing.

According to Erika Chiang, Moomoo’s Chief Marketing Officer for Southeast Asia, the stores represent “a new way of connecting with our community and redefining how people experience investing in Singapore,” highlighting the brand’s shift towards multi-channel customer engagement.

As part of the launch rollout, Lendlease will also support a pop-up store at Parkway Parade later in the year. The temporary set-up will complement Moomoo’s permanent store openings and provide an additional activation platform to reach new users.

Jenny Khoo, Head of Retail and Workspace Management at Lendlease, emphasised that the partnership aligns with the company’s strategy of delivering fresh, value-adding retail experiences. She noted that introducing a digital investment brand into physical mall spaces reflects evolving consumer behaviours and the growing demand for experiential services in retail environments.

Entertainment Updates: Orchard Road Christmas Lights 2025 – “Christmas on a Great Street”

Source:

https://thenewageparents.com/orchard-road-christmas-light-up/

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Orchard Road Christmas Lights 2025 – Christmas on a Great Street (270 words)

From 8 November 2025 to 1 January 2026, Orchard Road transforms into Singapore’s most magical festive destination with Orchard Road Business Association’s “Christmas on A Great Street”, presented by Hitachi. This year’s edition celebrates SG60, illuminating the iconic stretch with vibrant festoon lights, community spirit and festive experiences for all ages.

The festivities begin on 8 November with the Community Chest Light-Up Ceremony at Ngee Ann City Civic Plaza. Held in partnership with SG Cares Giving Week, the event emphasises giving back, encouraging donations through SGSHARE, with all contributions supporting social service programmes and matched by SG Gives to maximise impact.

Two Great Christmas Villages anchor the celebrations. At Shaw House Urban Plaza (8 Nov–4 Jan), the Kiztopia Christmas Carnival offers family-friendly rides, games, photo spots with characters, merchandise and festive booths. At Ngee Ann City Civic Plaza (9 Nov–1 Jan), visitors can enjoy over 10 food and retail stalls, a festive bar by Sunbird Brewing Co., live weekend performances and photo moments at the Hitachi Santa House. The highlight is the returning 14-metre Mastercard Christmas Tree, featuring two nightly snowfall shows at 8pm and 9pm.

Along Orchard Road, visitors can enjoy Music in the Air with Christmas tunes from morning to evening, and a nightly 3D projection show on Hilton Singapore Orchard, with extended hours and special countdown content on Christmas Eve and New Year’s Eve.

The festive peak arrives on 24 December with the Great Christmas Eve Street Party, featuring live entertainment, road closure for street celebrations, and a vibrant night of music, lights and joyful togetherness.

Food Updates: KOI Thé Singapore to Launch Adorable Roasted Oolong Bear Plushie Ornament from Nov 6

Source:

https://www.greatdeals.com.sg/2025/11/04/koi-the-singapore-to-launch-adorable-roasted-oolong-bear-plushie-ornament-from-nov-6#gsc.tab=0

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KOI Thé Singapore is set to delight bubble tea lovers with the launch of its Roasted Oolong Bear Ornament, an adorable plushie inspired by the brand’s well-loved Oolong Gao tea series. This charming collectible will be available across KOI outlets starting 6 November 2025 (Thursday), adding a cosy and heartwarming touch to tea time for fans of the brand.

The Roasted Oolong Bear is designed to reflect the warmth and comfort associated with KOI’s roasted oolong beverages. Soft, cute, and crafted with a tea-themed aesthetic, the plush bear makes for a delightful accessory to accompany KOI drinks or to display as part of a personal collection. It is expected to be especially appealing to fans who enjoy KOI’s signature oolong blends, as well as collectors of brand merchandise.

KOI has provided flexible purchase options to make the ornament accessible to customers with different preferences. The plushie can be purchased at $9.90 with any Roasted Oolong beverage, $11.90 with any drink, or $20 as a standalone à la carte purchase. These tiered options allow customers to enjoy the adorable bear while pairing it with their favourite drink or gifting it to someone who loves bubble tea.

As a limited-time collectible, the Roasted Oolong Bear will only be available while stocks last, prompting fans to act quickly to avoid missing out. With its adorable design and cosy charm, the plush ornament makes a great addition to any KOI collection or a thoughtful gift for bubble tea enthusiasts.

KOI encourages fans to stay updated on future promotions and bubble tea news by joining their Telegram and WhatsApp channels for timely alerts.

Food Updates: Chick-fil-A announces first outlet in Singapore — here’s what to expect

Source:

https://sethlui.com/chick-fil-a-outlet-bugis-singapore-nov-2025/

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Chick-fil-A, the United States’ 3rd-largest fast-food chain, is set to open its first Singapore outlet on 11 December 2025 at Bugis+, marking its debut in Southeast Asia. The brand had first revealed its regional expansion plans about a year ago, generating keen anticipation among food enthusiasts. With the opening date now confirmed, Singaporeans can soon sample the chain’s famed chicken offerings without having to travel overseas.

The Bugis+ outlet will operate Mondays to Saturdays, from 10am to 10pm, and will remain closed every Sunday. This follows a long-standing tradition established by founder Truett Cathy, who wanted employees to have Sundays off for rest and for Christian families to attend weekly prayers. This practice, observed across all U.S. outlets, will also apply in Singapore.

Chick-fil-A’s star item, the Chicken Sandwich, will be a key highlight on the menu. It features a juicy, pressure-cooked boneless chicken breast, nestled between buttered buns and paired with tangy dill pickle slices. A Spicy Deluxe Sandwich will also be offered, complete with cheese, lettuce, and tomato—positioned as a potential alternative for fans of spicy chicken burgers such as the McSpicy.

Exclusive to Singapore, the brand is launching a Spicy Chili Sauce, formulated specially for local taste buds. It blends heat from red peppers with mild sweetness and subtle garlic notes for a balanced, flavourful kick.

Chick-fil-A is also incorporating its philanthropic values into its Singapore launch. The brand has donated S$25,000 to The Food Bank Singapore, and pledges to match this donation with every new outlet launched locally. Additionally, the outlet will join the Chick-fil-A Shared Table initiative, donating surplus food to non-profit partners for redistribution to communities in need.

Investing Updates: STI could reach 10,000 by 2040; Singdollar could also hit parity with greenback: DBS report

Source:

https://www.businesstimes.com.sg/companies-markets/sti-could-reach-10000-2040-singdollar-could-also-hit-parity-greenback-dbs-report

ChatGPT:

DBS’ Singapore 2040 report projects that the Straits Times Index (STI) could climb to 10,000 points by 2040, implying a 127.6% gain from current levels, if historical returns persist. The Singapore dollar (SGD) may also reach parity with the US dollar within the same period, supported by strong fundamentals, policy stability, and safe-haven demand.

The STI, which closed at 4,393.92 (up 16% year-to-date), benefits from attractive dividend yields, solid price-to-book valuations, and low interest rates—features DBS describes as “part of the Singapore equity market’s DNA.” However, it remains relatively underinvested. The rally has broadened beyond banks to include real estate, industrials, IT, and communications, reflecting healthier market depth.

DBS identifies three funding sources to sustain growth:

1. Passive fund inflows into large-cap stocks from global investors seeking stability.

2. Government programmes, such as the Equity Market Development Programme, boosting small-cap interest.

3. Falling interest rates, which could push depositors toward equities and income stocks.

However, DBS warns that Singapore must foster a culture of risk-taking to attract high-growth tech firms and shift beyond its bank-heavy, conservative structure. Embracing higher-valuation “new economy” sectors will be crucial for the next leap.

Economically, Singapore’s GDP is forecast to more than double to US$1.2–1.4 trillion by 2040, with 2.3% average annual growth driven by services, resilient manufacturing, and productivity gains. The SGD’s rise toward parity may be fueled by productivity-led growth and continued safe-haven inflows, as Singapore cements its role in finance, digital services, green tech, and AI adoption.

Opinion:

Erm... is the outlook too positive? 😅

I hope it happens 😏

Investing Updates: Can You Still Become A Millionaire In Singapore By Just Earning The Median Salary

Source:

https://dollarsandsense.sg/can-become-millionaire-singapore-earning-median-salary/

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Becoming a millionaire in Singapore remains possible — but not by saving alone. With the current median income at $5,500, a worker takes home around $3,888 after CPF deductions. After average expenses of $2,435, only $1,453 remains monthly. Saving this entire amount would take about 58 years to reach $1 million — longer than the typical 40-year career span.

To realistically achieve millionaire status, investing is essential. If savings earn 4% annually (similar to CPF’s Special Account rate), one can reach $1 million in about 31 years — achievable within a working lifetime. However, those investing in global equities (like the S&P 500, historically averaging 10% returns) could hit the goal in just 21 years.

Higher earners reach the milestone even faster. A PMET with a take-home pay of $5,061 or a degree holder earning around $6,000 could invest $3,565 monthly and build $1 million in 12 to 13 years, given a 10% annual return. This highlights the impact of higher education, income growth, and disciplined investing.

Additionally, CPF contributions — up to 37% of salary — compound wealth further if invested wisely. Ultimately, the article stresses that saving alone is insufficient in Singapore’s high-cost environment. To accumulate meaningful wealth, Singaporeans must start early, invest consistently, and increase earning potential. While $1 million today offers solid financial security, future inflation will reduce its purchasing power — reinforcing the importance of investing early and strategically to preserve long-term financial freedom.

Opinion:

Good information.

Rewards Updates: Revolut #HuntTheMouse: Hunt Across Singapore For A S$250,000 Gold Coin & Other Prizes For First-Timers, Youth And Seniors

Source:

https://www.littledayout.com/huntthemouse-gold-coin-hunt-sqkii/

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The #HuntTheMouse 2025 event by Sqkii, in partnership with Revolut, returns from 16 October to 14 December 2025, offering S$1 million in total cash prizes. Hidden across Singapore are a S$250,000 Gold Coin and 600 Silver Coinsworth between S$500 and S$2,000 each. The first person to find a coin redeems its full value in cash.

This year introduces two new categories for inclusivity:

• First-timers, Youth (≤21), and Seniors (≥50) – 400 Silver Coins worth S$500 each are reserved for these groups to encourage intergenerational play.

• #IKWL (“I Know Where Liao”) – An online prediction challenge running from 16 Oct to 30 Nov, where players guess the Gold Coin’s coordinates using daily hints. The top 10 closest guesses within 20 metres share a S$250,000prize pool, with individual winnings from S$25,000 to S$250,000.

A new AI companion named Timii debuts this year, guiding players with real-time tips and hints. The game remains free to play, with real-time maps on huntthemouse.sqkii.com showing coin zones that shrink throughout the day. Power-ups such as Circle Shrink, Coin Sonar, and Metal Detector enhance the gameplay experience.

Hints for the Gold Coin are released thrice daily (10 am, 2 pm, 6 pm) on Sqkii’s Instagram, Facebook, and Telegram. Players must follow safety and property-respect rules to avoid disqualification.

Last year’s edition attracted nearly one million participants, with 79% spending over three hours per hunt. Beyond the chase, the in-game map also highlights Places of Interest, blending adventure with cultural and historical exploration.

Opinion:

Interesting.

Not going to try it though. Lack of time 😅

Investing Updates: SGX launches Indonesia depository receipts featuring blue-chip listcos

Source:

https://www.businesstimes.com.sg/international/asean/sgx-launches-indonesia-depository-receipts-featuring-blue-chip-listcos

ChatGPT:

The Singapore Exchange (SGX) has launched Singapore Depository Receipts (SDRs) for three Indonesian blue-chip companies — Bank Central Asia, Telkom Indonesia, and Indofood CBP — enabling Singapore investors to trade these Indonesian-listed securities in Singapore dollars through local brokers during SGX hours. Issued by Phillip Securities, these unsponsored SDRs grant investors beneficial ownership of the underlying shares listed on the Indonesia Stock Exchange (IDX) and are part of the Indonesia–Singapore Depository Receipt (DR) Linkage, aimed at strengthening cross-border market connectivity.

SGX CEO Loh Boon Chye described the initiative as a milestone in regional collaboration, following a 2024 partnership with IDX. The linkage aligns with broader Monetary Authority of Singapore (MAS) recommendations to enhance the local equities market.

Retail investors have driven SDR growth, with daily trading turnover reaching S$16 million in September 2025, a 30-fold jump since the product’s launch three years ago. Total assets under management now stand at about S$200 million, reflecting increasing retail participation.

The Indonesian SDRs follow the earlier rollout of Thai and Hong Kong SDRs, expanding SGX’s total SDR listings to 26. SGX plans to add more Indonesian names and expand to other ASEAN markets such as Vietnam by 2026.

SGX’s Serene Cai highlighted that SDRs simplify overseas investing while maintaining regulatory integrity across jurisdictions. Although discussions on a unified ASEAN exchange have slowed, SDRs are viewed as a pragmatic step toward deeper regional capital-market integration.

The three Indonesian firms were chosen for their exposure to domestic growth — banking, telecommunications, and consumer demand — representing Indonesia’s dynamic, reform-driven economy.

Opinion:

Interesting developments.

I hope this boosts our market.

Food Updates: KITKAT Launches Collectible Plushies In 4 Adorable Designs

Source:

https://eatbook.sg/kitkat-plushies-singapore/

ChatGPT:

KITKAT Singapore has launched a line of limited-edition collectible plushies called Break Buddies, giving fans a fun, tangible way to “take a break.” Released on 15 October 2025, the collection features four unique designs, each reflecting popular local ways to unwind: BBT Buddy, Gym Bro, Travel Kaki, and Chill Homie.

Priced at S$14.90 per box, each package contains one random plushie and two KITKAT 10s share bags. The plushies are available at major supermarkets and convenience stores, including FairPrice, Cold Storage, Giant, Sheng Siong, Prime, 7-Eleven, Cheers, and FairPrice Online, while stocks last.

Each plushie represents a different “break personality.” BBT Buddy is perfect for those who enjoy a midday bubble tea run. Gym Bro targets fitness enthusiasts, featuring a KITKAT bar plushie holding a pickleball paddle. Travel Kakiappeals to those who destress through holidays, equipped with a suitcase and passport, reflecting Singaporeans’ love of travel. Finally, Chill Homie is designed for those who prefer quiet nights in with snacks and music, embodying the calm, relaxing side of taking a break.

This launch follows KITKAT’s July 2025 collaboration with DIMOO, which featured a limited-edition blind box collection, continuing the brand’s playful engagement with collectors and fans. The Break Buddies plushies combine cute design, local cultural references, and KITKAT branding, making them both a collectible item and a fun gift for fans of the chocolate bar.

With their limited availability, these plushies are likely to generate excitement among collectors and KITKAT enthusiasts, reinforcing the brand’s message of taking enjoyable, stress-free breaks. Fans are encouraged to grab them while supplies last, making them a charming addition to KITKAT’s creative merchandise lineup.

Opinion:

So many plushies marketing... 😅

Investing Updates: Singapore keeps monetary policy settings unchanged in October, for second straight quarter

Source:

https://www.businesstimes.com.sg/singapore/singapore-monetary-policy-october

ChatGPT:

The Monetary Authority of Singapore (MAS) kept its monetary policy settings unchanged for the second consecutive quarter at its October 2025 review, maintaining the current rate of appreciation of the Singapore dollar nominal effective exchange rate (S$NEER) policy band, along with its width and centre. The decision, widely expected by economists, reflects MAS’s confidence in the economy’s resilience amid moderating inflation and global uncertainty.

MAS also lowered its 2025 inflation forecasts, projecting core inflation at around 0.5% and headline inflation between 0.5% and 1.0%, down from the previous 0.5%–1.5% range. The central bank expects core inflation to bottom out soon and rise gradually in 2026 as temporary disinflationary factors fade.

The policy statement struck a more optimistic tone than July’s, noting that while growth will moderate, “the extent of the downturn should be contained.” Economists such as Maybank’s Chua Hak Bin and UOB’s Jester Koh said MAS’s language suggests confidence in maintaining stability and conserving policy space for potential action in 2026.

Recent data supports this optimism. Core inflation eased to 0.3% in August, while headline inflation dipped to 0.5%. Meanwhile, Singapore’s Q3 GDP grew 2.9% year on year, surpassing forecasts despite trade headwinds. MAS said the output gap remains positive, indicating above-trend growth for now, though it expects a return to near-trend pace in 2026.

Easing global import costs, improved productivity, and government subsidies have helped cool price pressures. MAS reaffirmed it remains “in an appropriate position to respond effectively” to any risks to medium-term price stability, signaling a steady stance heading into 2026.

Opinion:

Pray that economic mixed rice prices stay the same!