open electricity market (OEM)

After a wave of electricity retailer exits, now is the time for retailers to “add value” for their customers, says Geneco's CEO.

SINGAPORE (Apr 3): Maybank Kim Eng expects the Monetary Authority of Singapore to maintain its current monetary policy stance at the April meeting as growth slows sharply and core inflation eases.

SINGAPORE (Sept 21): Starting November, households and businesses will have the option of buying electricity from a retailer on a price plan that best meets their needs.

SINGAPORE (Apr 20): As Singapore progresses towards a fully liberalised electricity market — known as the open electricity market (OEM) — in the second half of this year, many electricity retailers are starting to introduce a range of dynamic plans.