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Month: April 2025

Posted on 03/04/2025

Singapore’s battle against illicit financial flows

As a thriving global and regional hub, Singapore faces the challenge of combating illicit financial flows while maintaining the openness that fuels its prosperity.

Posted on 03/04/2025

Debt Consolidation Plans in Singapore: What Are They, and How Do They Work?

As of Dec 2024, household debt in Singapore made up 51.9% of the country’s Nominal GDP—yep, that’s more than half of the economy’s output tied up in what we owe. While that’s a slight dip from the ...

Posted on 03/04/2025

Unlocking Opportunities: Key Insights from Singapore’s 2025 Budget and Corporate Tax Measures

In anticipation of Singapore’s 60th anniversary of independence, the Singapore Budget 2025 has rolled out pivotal changes aimed at supporting businesses while enhancing competitiveness and innovation.

Posted on 03/04/2025

Singapore to engage US on tariffs, not seek recourse under FTA; may downgrade growth forecast: DPM Gan

SINGAPORE] Singapore does not intend to take countermeasures to US tariffs, even as the Republic’s growth outlook may be downgraded due to their impact, Minister for Trade and Industry Gan Kim Yong ...

Posted on 03/04/2025

Singapore Won’t Retaliate Against US Tariffs, Seeks Engagement

Singapore Deputy Prime Minister Gan Kim Yong ruled out any immediate retaliation after the US imposed a 10% baseline global tariff, indicating officials will seek talks over levies which threaten to ...

Posted on 03/04/2025

Singapore disappointed with 10% tariffs, will seek negotiation with the US: trade minister

Singapore was disappointed to be slapped with U.S. tariffs of 10% despite the wealthy Asian financial hub having a free-trade agreement and running a bilateral trade deficit with the United States, ...

Posted on 03/04/2025

Trump tariffs: Singapore economy could be hit hard by trade slowdown but there may be a silver lining, say analysts

Singapore faces a 10 per cent tariff from the US – the lowest in Southeast Asia – but there remains broader trade risks.

Posted on 03/04/2025

Singapore disappointed with tariffs, will engage US to clarify calculations: DPM Gan

DPM Gan, who is also Minister for Trade and Industry, was speaking to the media following US President Donald Trump’s decision to slap a 10 per cent tariff on most goods imported into the United ...

Posted on 03/04/2025

ST Explains: What are Trump’s tariffs, and how they could affect growth in Singapore and more

Maybank, for instance, says it will be downgrading its growth forecasts for the Republic. Read more at straitstimes.com.

Posted on 03/04/2025

Match mate: Malayan tigers from Singapore and Taipei Zoo on breeding ‘exchange programme’

SINGAPORE: One of the three Malayan tigers at Rainforest Wild Asia will be transferred to Taipei Zoo to be paired with a young female tiger there. This follows the arrival of a five-year-old female ...

Posted on 03/04/2025

Jail for father who sexually assaulted intellectually disabled daughter in Singapore

SINGAPORE: She was only 11 years old when her father, whom she shared a room with, started sexually abusing her.

Posted on 03/04/2025

AirTrunk seeks $2.2 billion loan to build Singapore data centres

Hong Kong – Blackstone-owned data centre firm AirTrunk is seeking a $2.2 billion green loan for a new greenfield project in Singapore, according to people familiar with the matter, as it looks to ramp ...

Posted on 03/04/2025

Adopting Japan or South Korea’s stock market reforms in Singapore not that straightforward

Several commentators (myself included) have urged local market regulators to follow the examples of Japan and South Korea, where measures were introduced recently to raise the quality of listed ...

Posted on 03/04/2025

Singapore to decide HSBC SVNS 2025 league winners

The HSBC SVNS 2025 League Winners trophies will be awarded at the conclusion of the sixth and final regular season round. Currently, New Zealand’s women’s team and Argentina’s men’s team lead the SVNS ...

Posted on 03/04/2025

Singapore spared from worst-case scenario on Trump tariffs, but may be hit by global trade slowdown

SINGAPORE: Markets tumbled across Asia after US President Donald Trump unveiled a universal tariff of 10 per cent on all imports into the US, including those from Singapore.

Posted on 03/04/2025

7 surprising rules and customs in Singapore you’ll want to know before visiting

Singapore is often described as a meticulously clean city-state with strict laws and polished skyscrapers. Yet behind ...

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