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Posted on 13/06/2024

Singapore shares rise on lower US inflation, rate-cut possibility; STI up 0.5%

SINGAPORE shares ended higher on Thursday (Jun 13), as markets were encouraged by easing US Consumer Price Index (CPI) figures and the possibility of more interest-rate cuts by the US Federal Reserve.

Posted on 13/06/2024

Siltronic Opens $2.2 Billion Wafer Fab In Singapore Amid Booming Chip Demand

Germany's Siltronic has opened a $2.2 billion wafer factory in Singapore as demand for chips used in mobile devices, electric vehicles and data centers increases.

Posted on 13/06/2024

Singapore wants to revive its stock market. Could major Asian markets have the answers?

Could Singapore take lessons from Japan and South Korea’s value up programs to make its exchange more attractive? Analysts weigh in.

Posted on 13/06/2024

Singapore Port Container Logjam Worsens as Ships Avoid Red Sea

Singapore’s port, already one of the busiest in the world, is facing a sustained period of congestion as vessel diversions to avoid the Red Sea push more container ships to the Asian maritime hub.

Posted on 13/06/2024

Man, 46, to be charged for stealing, damaging carpark facilities in Singapore

SINGAPORE - A 46-year-old man who allegedly stole a carpark’s gantry barrier arms and caused damage to a building management’s wheel clamps has been arrested, the police said ...

Posted on 13/06/2024

Singapore aims to better manage electricity supply with enhanced energy management system

The new system uses sensors, satellite imagery and machine learning to forecast sunlight levels an hour ahead at greater accuracy than ever before.

Posted on 13/06/2024

Container prices surge 26%; some lines shifting transshipment from Singapore to regional ports amid congestion

THE average shipping container prices in Singapore has increased by 26 per cent from October 2023 to May 2024, reflecting a “substantial increase” in demand for capacity amid global port congestion.

Posted on 13/06/2024

Singapore, Malaysia to keep overall approach to engagement but also pursue new ideas: PM Wong

SINGAPORE and Malaysia will continue efforts to resolve long-standing bilateral issues while also exploring new possibilities, said Prime Minister Lawrence Wong during his first trip to Malaysia since ...

Posted on 13/06/2024

Singapore’s Wong and Malaysia’s Anwar say both countries’ ties can be Asean model

Singapore PM Lawrence Wong was making his first official trip to Malaysia since taking office, a day after an introductory visit to Brunei.

Posted on 13/06/2024

Hyundai Modeling US Manufacturing Footprint After Eco-friendly Singapore

The new-generation Hyundai production facilities will go beyond a traditional manufacturing landscape and include green technologies.

Posted on 12/06/2024

Chip industry is still ‘at the end of a down cycle,’ says German semiconductor CEO as he opens a $2.2 billion plant in Singapore

The semiconductor industry is still in a “transition year,” says the CEO behind the West's only producer of silicon wafers, as manufacturers try to navigate their way through the end of a years-long ...

Posted on 12/06/2024

Singapore table tennis player Zhou Jingyi, 19, joins Izaac Quek and Zeng Jian in qualifying for Olympics

SINGAPORE: Teenager Zhou Jingyi recorded another significant milestone in her steady rise as the International Table Tennis Federation (ITTF) confirmed her qualification for the Paris 2024 Olympics on ...

Posted on 12/06/2024

Singapore goalkeeper Hassan Sunny’s food stall sells out early thanks to Chinese football fans

Members of Long Zhi Dui, a Chinese football fan group, stand in front of Dapur Hassan, Singapore goalkeeper Hassan Sunny's family food stall in Tampines, on Jun 12, 2024. (Photo: CNA/Davina Tham) New: ...

Posted on 12/06/2024

Tang Contemporary Art to open in Singapore’s Delfi Orchard penthouse this June

Tang Contemporary Art will open its very first gallery in Singapore this June 28, 2024, occupying a 7,500 sq ft penthouse at the Delfi Orchard building. Apart from Singapore’s upcoming branch, the ...

Posted on 12/06/2024

Singapore passport remains world’s most powerful

Singapore's passport remains one of the strongest in the world in 2024, allowing its holders to enter 159 countries visa-free and nine countries with just an Electronic Travel Authorization. Singapore received a score of 91.

Posted on 12/06/2024

Injured Passengers on Turbulent Singapore Airlines Flight Offered Compensation

Injured Passengers on Turbulent , Singapore Airlines Flight, Offered Compensation. 'Time' reports that Singapore Airlines has greed to compensate passengers on a deadly flight that hit extreme turbulence last month. The incident on the Boeing 777 ...

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