Singapore got top marks not only because of its economy and infrastructure but also because of ease of travel to other destinations in Asia
Singapore Imposes Penalties on DBS for Service Outages
The Monetary Authority of Singapore won’t allow DBS Bank to acquire new business ventures for six months, one of several penalties imposed for what the central bank described as excessive interruptions to banking services this year.
Singapore’s central bank bars DBS bank from new takeovers for 6 months, after repeated banking service disruptions
The regulator said it would not approve any new business acquisitions by the bank during this period, adding DBS would also not be allowed to reduce the size of its branch and ATM networks in Singapore for now. Singapore DBS, Citi customers can’t use ...
Singapore’s HMI Group to buy majority stake in heart and vascular company
SINGAPORE - Singapore’s Health Management International ... Management announced an investment into the holding company of HMI via its hybrid value business. The value of the investment was not ...
MAS expects Singapore growth to pick up pace in 2024
Singapore’s economy is expected to shake off the stagnation it has suffered for most of 2023 and grow at a faster pace in 2024.
Singapore: Southeast Asia’s cargo gem
Positioned at the heart of the dynamic and vibrant region of Southeast Asia, Singapore is not only the freight hub for Asia but for the world. But that's not the end of this story. Its focus
Singapore exports fall for 12th month in Sept but recovery seen
SINGAPORE: Singapore's exports fell for a 12th straight month in September on a year-on-year basis as the trade-reliant economy grappled again with global headwinds on inflation and declining demand. Singapore's non-oil domestic exports (NODX) fell 13.2% ...
Sarawak gets nod for undersea power cable project to Singapore
Sarawak premier Abang Johari Openg says the cables, which will pass through Indonesian territory, will enable Sarawak to export up to 1,000MW of electricity.
Singapore Partner with Japan, Switzerland, UK Regulators for Joint Crypto Pilots
Singapores central bank is reportedly planning to establish crypto-related cooperation with Japan and some European nations. Thus, it has teamed up with the monetary authorities in Switzerland, Japan, ...
Taxation of Foreign Sourced Income in Singapore Effective January 2024
Singapore will begin taxing foreign-sourced disposable gains from January 1, 2024, with Parliament approving the amendments to the country’s Income Tax Act.
Exclusive: China’s CNOOC, two chemical firms looking at Shell Singapore assets – sources
At least three Chinese companies including state giant China National Offshore Oil Company (CNOOC) are evaluating Shell's Singapore assets and considering non-binding bids in coming weeks for the city ...
Singapore defense minister calls on China to take the lead in reducing regional tensions
Singapore's defense minister has urged China as a dominant power in Asia to take the lead in reducing tensions in the region, warning that a military conflict like the one in Ukraine or the ...
Singapore startups to get a leg up in India, Australia expansions
SINGAPORE’S tech startups that are keen to enter markets in India and Australia can now tap Enterprise Singapore’s (EnterpriseSG) new Global Innovation Alliance (GIA) nodes in Mumbai, Melbourne and ...
Singapore manufacturing, services business outlook slightly more optimistic for next 6 months
Find out more about subscription packages here. SINGAPORE’S manufacturers and services firms are slightly more positive about business conditions in the next six months, separate quarterly surveys ...
Singapore’s luxury property market grinds to a halt amid massive money laundering probe
Singapore’s luxury housing deals are drying up as one of the nation’s largest-ever money-laundering scandals weighs on the market.
Singapore’s $110,000-a-Month Mansion Market Grinds to Halt
Singapore’s luxury housing deals are drying up as one of the nation’s largest-ever money laundering scandals weighs on the market.Most Read from BloombergIsrael Latest: Netanyahu Vows to Stay On; ...