Singapore could slip into a technical recession this year, a government official said on Thursday after final GDP data confirmed the city-state's economy had contracted in the first quarter even ...
Is Singapore’s F&B industry struggling? Hawkers, entrepreneurs and insiders weigh in
In June 2024, former Singapore Airlines cabin crew Cherry Kiang, 29, decided to embark on a different career path by becoming a hawker. Together with her husband, they invested approximately $30,000 ...
Singapore PM Lawrence Wong says government to engage US-China honestly
A key priority for Singapore Prime Minister Lawrence Wong will be to deepen the trade-focused country's relations with the major powers, especially the US and China, engaging them honestly in a ...
Singapore jails mastermind behind US$10.9 million fake wine investment scheme
Eldric Ko, who was on the run for 13 years, offered a venture that purported to source wine from French suppliers and sell the product to investors.
Singapore’s core inflation inches up to 0.7% in April; headline inflation at 0.9%
SINGAPORE] Singapore’s core inflation came in higher than expected in April, driven by higher food and services prices, while headline inflation stood pat, data from the Department of Statistics ...
Singapore cabinet sworn in as PM Lawrence Wong vows to steer country through new world order
Speaking at the Istana, Wong pledges to review and update Singapore’s economic strategies to meet the challenges of the new global landscape.
‘Replicating Singapore’s path’: Ambani to double bet to Rs 75,000 cr, Adani to invest Rs 50,000 cr in Northeast
India’s corporate giants Reliance Industries and Adani Group on Thursday announced massive new investment commitments for the Northeast, signalling a bold push to transform the region into an economic ...
Crypto Awareness Hits 94% in Singapore, But Ownership Slips
Singaporean investors are increasingly aware of cryptocurrency, with 94% of respondents familiar with at least one digital asset, according to the latest ...
Singapore climbs to fourth in global startup index
Singapore has climbed to fourth place in the 2025 Global Startup Ecosystem Index by research platform StartupBlink. The country moved up from fifth in 2024 and has made significant progress since 2020 ...
Singapore ranks 4th globally in startup ecosystem
Singapore advanced to fourth position in the 2025 global start-up ecosystem rankings, improving from fifth place in 2024, according to the 2025 Global Startup Ecosystem Index by StartupBlink.
Singapore’s core inflation inches up to 0.7% in April; headline inflation is unchanged at 0.9%
SINGAPORE] Singapore’s core inflation came in higher than expected in April, driven by higher food and services prices, while headline inflation stood pat, data from the Department of Statistics ...
Six men in Singapore charged over child sexual exploitation offences, including commercial sex with 12-year-old
SINGAPORE (The Straits Times/ANN): Six men aged between 22 and 41 were charged on May 23 over child sexual exploitation offences. Kok Chuan Yuan, 37, faces two charges relating to commercial sex with ...
Mukesh Ambani pledges Rs 75,000 crore for North-East, sees ‘Singapore-like success’; Gautam Adani to invest Rs 50,000 crore
Reliance Industries and Adani Group have pledged substantial investments of Rs 75,000 crore and Rs 50,000 crore respectively, at the Rising Northeast Investors Summit 2025.
More companies, including some from Singapore, eye listings in Hong Kong
Singapore biotech firm Mirxes began trading in Hong Kong on May 23 at a valuation exceeding US$1 billion. Read more at straitstimes.com. Read more at straitstimes.com.
Trust Bank’s FY2024 net interest income soars 124.7% to S$72.8 million; losses narrow
SINGAPORE] Trust Bank on Friday (May 23) reported net interest income of S$72.8 million for the financial year ended Dec 31, 2024, up 124.7 per cent from S$32.4 million a year ago. Read more at The ...
Trust Bank revenue doubles to S$97m whilst losses narrow in 2024
Costs reportedly rose only 4% in 2024, the Singapore-based digital bank said. Trust Bank’s revenue rose 148% to S$97m in 2024 from S$39m in 2023, according to a report. Operating losses narrowed to ...