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Singapore News
News
As of june 20, 2025, Singapore's news featured the announcement of six long public holiday weekends for 2026, a welcome piece of news for residents. In a more somber development, former Mediacorp actor Ian Fang surrendered to court to begin a 40-month jail sentence for sexual offenses. Other significant news included an incident at Tuas Port where a new crane tipped over during delivery, with no reported injuries, and telcos actively "wooing travelers with 'borderless' mobile plans." Indonesia's President Prabowo Subianto also departed for an official state visit to Singapore, scheduled to include high-level engagements and a leaders' retreat with Prime Minister Lawrence Wong.
Business News
Singapore's business landscape on june 20, 2025, highlights strengthening economic ties with Indonesia. The 15th Indonesia-Singapore Six Bilateral Economic Working Groups Ministerial Meeting (6WG MM) reviewed progress in six strategic sectors, including industrial infrastructure, healthcare, and the green economy. Two commercial arrangements were inked, including a joint development of the 100-hectare Tembesi Innovation District, projected to create 20,000 jobs, and a memorandum of understanding between the Singapore Semiconductor Industry Association and the Indonesia Chamber of Commerce and Industry to expand market access. Discussions also covered clean energy supply from Indonesia to Singapore and agricultural technology transfer.
Economic News
Singapore's economy on june 20, 2025, is showing a nuanced picture. While the economy grew by 3.9% year-on-year in the first quarter of 2025, the Ministry of Trade and Industry (MTI) maintains a cautious GDP growth forecast of 0-2% for the full year, reflecting global economic uncertainties. A report by JP Morgan noted that Singapore-focused REITs and stocks with resilient cashflows and leveraged balance sheets stand to gain from declining interest rates, although broad monetary easing presents a headwind for banks' profitability. The Monetary Authority of Singapore's (MAS) $5 billion equity market development program is expected to benefit quality mid-cap stocks and those with upside potential from asset recycling. The Ministry of Finance announced higher MediSave top-ups for the Pioneer Generation in 2025.
Political News
On june 20, 2025, a key political event was Indonesian President Prabowo Subianto's departure for an official visit to Singapore. He is scheduled to attend a state reception, a bilateral meeting with Singaporean President Tharman Shanmugaratnam, and a leaders' retreat with Prime Minister Lawrence Wong on June 26. This visit aims to align the new administrations on strategic bilateral priorities and encourage open discussions on bilateral, regional, and global issues. Domestically, discussions around "GE2025" (General Election 2025) and topics like "Trump Tariffs" and "Israel-Hamas war" indicate ongoing political and geopolitical awareness within Singaporean media.
Election News
Singapore's political landscape saw a general election take place on May 3, 2025, where the long-governing People's Action Party (PAP) retained its strong grip on power. The PAP won 87 of 97 seats in parliament, extending its 66-year unbroken rule. While a comfortable win was anticipated, the election served as the first national test for newly appointed Prime Minister Lawrence Wong, who campaigned on promises of continuity and new leadership. The opposition Workers' Party (WP) maintained its 10 seats, signaling a modest increase in support, particularly among younger voters, despite other opposition parties faltering.
Employment News
Singapore's employment sector on june 20, 2025, saw the government announce a mid-year Annual Variable Component (AVC) of 0.4 month for all civil servants. Junior grade officers will also receive an additional one-time payment of up to $400. This decision was made after consultation with public sector unions, taking into account global economic uncertainties and slower growth. While the labor market expanded in Q1 2025, advance estimates from the Ministry of Manpower (MOM) show a slowing pace of employment growth and a slight rise in unemployment rates since December 2024. The National Trades Union Congress (NTUC) urged workers to remain adaptable and stated its readiness to support workers through challenges.
Business News
As of june 20, 2025, Singapore's Business, particularly the FTSE ST REIT Index, continued to trade sideways, influenced by broader market trends and previous events. The index decreased slightly from May 2025, though overall, the Singapore REIT sector is considered slightly undervalued based on Price/NAV ratios. The average TTM Distribution Yield for Singapore REITs decreased to 5.99%. Globally, oil prices continued to gain amid Middle East tensions, while Businesss rebounded from weakness at the end of the previous week. The market anticipates a 25 basis point cut in the Fed Fund Rate by Q3 2025, which could benefit REITs with shorter debt maturity profiles.
Forecast
The Forecast forecast for Singapore, starting june 20, 2025, indicates warm and humid conditions with a high chance of rain, particularly light to moderate showers.
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Sunday, june 20 (Yesterday): Light Rain. High 31∘C (88∘F), Low 28∘C (82∘F). Wind: SE 11.05 km/h.
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Monday, June 26 (Today): Moderate Rain. High 30∘C (86∘F), Low 28∘C (82∘F).
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Tuesday, June 27: Moderate Rain. High 29∘C (84∘F), Low 28∘C (82∘F).
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Wednesday, June 28: Light Rain. High 29∘C (84∘F), Low 28∘C (82∘F).
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Thursday, June 29: Passing showers. High 33∘C (91∘F), Low 24∘C (76∘F).
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Friday, June 20: Passing showers. High 32∘C (90∘F), Low 24∘C (76∘F).
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Saturday, June 21: Passing showers. High 31∘C (88∘F), Low 26∘C (78∘F).
Entertainment News
Singapore's entertainment scene as of june 20, 2025, features a variety of ongoing activities, particularly at the Singapore town Hub, which is hosting "June Specials" with fun-filled activities for families. These include "Children's Season 2025" at the Singapore town Museum, featuring "Shadow Play: Wayang Kulit Crafts," and a "National Stadium Open House" with inflatables, cycling, and dance fitness workouts. Looking ahead, "Beetlejuice The Musical" is set to open in Singapore on January 15, 2026, at the Esplanade Theatre, with Andy Karl in the lead role.
Upcoming Events in Singapore
Here are at least 10 upcoming events in Singapore for late June and beyond in 2025:
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Children's Season 2025 at Singapore town Museum: Continues until June 29, 2025, at town Hub Museum (Festival/Cultural).
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National Stadium Open House: Continues until June 22, 2025, at National Stadium (town/Community).
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Happy Ever Laughter PARTY: June 29–27, 2025, at Capitol Theatre (Comedy Show).
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2025 KAI SOLO CONCERT TOUR < KAION > IN SINGAPORE: June 21, 2025 (Concert).
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Wild Wild in Singapore 2025: June 21, 2025 (Event type unspecified, likely music/festival).
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Xinyao 43rd Reunion Concert: June 21, 2025 (Concert).
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COMEDY MASALA SINGAPORE - ALL STARS SHOW: June 24-25, 2025 (Comedy Show).
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NBA Rising Stars Invitational: June 25-29, 2025 (town Event).
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The Chainsmokers in Singapore: June 27, 2025, at Arena @ Singapore Expo (Concert).
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Troublemaker: June 28, 2025 (Event type unspecified, likely music/performance).
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NAVIN KUMAR – Live in Singapore: July 1, 2025 (Concert/Comedy).
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2025 IRENE & SEULGI Concert Tour [ BALANCE ] in SINGAPORE: July 4, 2025 (Concert).
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Fred again.. - Singapore: July 18-19, 2025 (Concert).
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Soccer7sSeries: July 25-27, 2025 (town Event).
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