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Horizon Vision

UOB aims to double wealth income to at least S$2.5 billion by 2030; Q1 profit slips 4%

UOB aims to double wealth income to at least S$2.5 billion by 2030; Q1 profit slips 4%

UOB aims to double its wealth management income to at least S$2.5 billion by 2030. Leveraging the completed Citi integration, the bank plans aggressive expansion across Asean's affluent segment for sustainable, long-term growth.

Language skills pay

Language skills pay

Improving national competitiveness requires investing in language skills, especially for tourism and services. Staff should learn basic phrases in guests' languages using affordable methods like AI apps or free online resources to attract high-value clients and boost local economies.

Daily Debrief: What Happened Today (May 7)

Daily Debrief: What Happened Today (May 7)

Amazon cut roles in Singapore, while CIMB appointed Mak Joon Nien as CEO. Regulatory news highlights MAS plans to harmonize securities laws for dual listings. Additionally, ASEAN leaders are pushing a regional trade pact amid global instability and supply chain pressures.

Singapore will not leave future of work, livelihoods to chance amid AI transition: Tan See Leng

Singapore will not leave future of work, livelihoods to chance amid AI transition: Tan See Leng

Manpower Minister Tan See Leng stated Singapore will actively manage the AI transition to ensure inclusive growth, protect livelihoods, and create clear job pathways through government, employer, and union collaboration.

Evacuations ‘ongoing’ from hantavirus-hit cruise ship

Evacuations ‘ongoing’ from hantavirus-hit cruise ship

An outbreak of hantavirus occurred aboard the MV Hondius cruise ship off Cape Verde. The WHO confirmed a rare human-transmissible strain, leading to ongoing evacuations for infected passengers and crew. Authorities are monitoring the situation closely as the vessel prepares to sail on.

Low chance of heatwave in Singapore for rest of 2026 hot season: Janil Puthucheary

Low chance of heatwave in Singapore for rest of 2026 hot season: Janil Puthucheary

Senior Minister Janil Puthucheary stated that the chance of a heatwave in Singapore for the remainder of the hot season is low. Despite extreme heat elsewhere in Southeast Asia, Singapore maintains robust and formalized management plans to address potential high temperatures.

Philippines urges Myanmar to grant ASEAN envoy access to Aung San Suu Kyi

Philippines urges Myanmar to grant ASEAN envoy access to Aung San Suu Kyi

The Philippines urged Myanmar to grant ASEAN’s special envoy access to detained leader Aung San Suu Kyi. Manila views this as a vital step for national stability and reconciliation. The move aims to support dialogue with all stakeholders under the Five-Point Consensus.

Commentary: Is caning in schools a good way to teach our children?

Commentary: Is caning in schools a good way to teach our children?

While consequences are vital, caning risks lasting shame rather than teaching accountability. Discipline must be viewed as a spectrum. The focus should shift to restorative practices and dialogue, ensuring that the consequence promotes growth instead of fear.

Parliament supports motion on ‘no jobless growth’ amid AI disruption

Parliament supports motion on ‘no jobless growth’ amid AI disruption

Parliament unanimously supported calls to prevent "jobless growth" amid AI disruption. The government will study enhancing jobseeker support thresholds and expanding upskilling initiatives. New tripartite councils aim to ensure inclusive workforce transformation for all workers.

Daily Debrief: What Happened Today (May 6)

Daily Debrief: What Happened Today (May 6)

Singapore earned a top rating in fighting financial crime, though penalties need strengthening. Leaders are set to discuss trade and energy security at the ASEAN Summit. Additionally, COE bidding saw gains in large cars, while analysts remain bullish on Grab despite regulatory challenges.

COEs for large cars up 4.3% at S$126,236, mainstream cars near S$125,000

COEs for large cars up 4.3% at S$126,236, mainstream cars near S$125,000

Large car COE (Category B) gained significantly in May's bidding round (+4.3%), surpassing mainstream cars. Mainstream COEs also rose due to strong EV interest. Experts predict continued price increases across categories, especially ahead of the upcoming Car Expo.

Why has pig farming in Malaysia’s Selangor state become a hot political issue?

Why has pig farming in Malaysia’s Selangor state become a hot political issue?

Selangor’s pig farming faces a crisis following a royal ban. The debate is highly politicized, pitting farmers and opposition calls for modern, closed systems against environmental concerns and deep-seated religious sensitivities.