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Month: June 2025

Posted on 18/06/2025

Singapore to boost public transport network with autonomous vehicles

Singapore is poised to make a big push for self-driving vehicles to be deployed across the island in the next five years, to strengthen the public transport network. It is a key plank in Acting ...

Posted on 18/06/2025

Singapore to have ‘many’ autonomous vehicles in five years: Acting Transport Minister Jeffrey Siow

SINGAPORE: Singaporeans can expect to see "many" autonomous vehicles (AVs) on the roads in five years, said Acting Transport Minister Jeffrey Siow. In a wide-ranging media interview on Jun 11, Mr Siow ...

Posted on 17/06/2025

These projects contributed to Singapore’s new residential stock growth

The Core Central Region accounted for over half of the new completions. In a recent report, Savills noted that following a substantial level of completions in the previous two quarters in Singapore, ...

Posted on 17/06/2025

Australian resort operator GemLife IPO to raise up to A$750 million, says Thakral

SINGAPORE] An associate of property investor Thakral Corporation has launched an initial public offering (IPO) to raise up to A$750 million (S$628.2 million) at an implied post-money valuation of A$1.

Posted on 17/06/2025

AUD 750mn GemLife IPO Launched by Thakral Corp

Thakral Corp announces AUD 750 million IPO for GemLife Communities Group in Australia, projected as the largest IPO in 2025. GemLife offers over-50s lifestyle resorts.

Posted on 17/06/2025

Three Malaysians arrested in Singapore for evading over RM2.69mil in cigarette duty and tax

Three Malaysian men have been arrested for suspected evasion of S$812,384 (RM2.69 million) in cigarette duty and Goods and Services Tax (GST) following an enforcement operation at Gul Drive.

Posted on 17/06/2025

Stanchart Singapore Marathon 2025 to flag off at F1 Pit Building, end at Padang

The 2025 race has already attracted 7,000 international runners - a total of 60,000 participants are expected. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 17/06/2025

Three men arrested over evasion of more than $800,000 in cigarette duties and taxes

A total of 7,500 cartons of duty-unpaid cigarettes were seized during the operation in Gul Drive. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 17/06/2025

Singapore shares rise even as exports in May fall; STI up 0.6%

Across the broader market, advancers edged out decliners 275 to 210, after 1.2 billion securities worth $993.8 million were traded Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 17/06/2025

Singapore, Thailand may see negative growth by 2026 as Asean reels from tariffs: Bloomberg

SINGAPORE] The full impact of the escalating US tariffs on Asean’s growth will likely emerge in 2026 – and Bloomberg projects a sharp regional slowdown. Read more at The Business Times.

Posted on 17/06/2025

Singapore private club 1880 suddenly closes; founder says it has no funds to pay staff and suppliers

Private members' club 1880 announced its sudden closure on June 17 after almost eight years in business, with its holding and operating companies placed under provisional liquidation. The club, ...

Posted on 17/06/2025

Singapore eyes driverless buses in HDB estates to cut commute times, ease manpower crunch over next five years

Singapore plans to expand its use of self-driving vehicles islandwide over the next five years, aiming to enhance public transport efficiency and reduce commuting times, particularly for residents in ...

Posted on 17/06/2025

I’m an American getting an MBA in Singapore. Here’s why I think there’s a silver lining to the visa chaos in the US.

Ryan Wall earned an engineering degree from the University of Colorado Boulder and is now pursuing an MBA at the National University of Singapore.

Posted on 17/06/2025

New container ship named Singapore is latest of 32 vessels in Ocean Network Express’s fleet expansion

Singapore-based carrier’s new ships will all be registered here and can be modified to use greener fuel. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 17/06/2025

Singapore’s key exports chart surprise 3.5% slide in May as front-loading cools

SINGAPORE] Economists believe that front-loading activity may have started slowing down, after Singapore’s key exports declined 3.5 per cent on the year in May after April’s surge. Read more at The ...

Posted on 17/06/2025

Singapore’s key exports chart surprise 3.5% slide in May as non-electronics decrease

SINGAPORE] The Republic’s key exports declined 3.5 per cent on the year in May after April’s surge, contrary to market expectations, data from Enterprise Singapore showed on Tuesday (Jun 17). Read ...

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