Retail sales in Singapore fell in April, snapping three months of gains and coming in worse than expected, as tourist arrivals cooled. Takings at the till dropped 1.2 per cent in April from the ...
Why Singapore could be the ‘tipping point’ for ASEAN renewable and grid development
Heavily reliant on gas, the country is still on track for its 2035 net-zero target, but could be more ambitious to hit its 2050 goal by 2045. TALKS about regional grid interconnection amongst ...
VIS/NXP Singapore Fab Points to Supply Chain Shift
The fab's Singapore location provides geographic supply chain diversification for NXP & Vanguard and supports demand from non-China customers ...
Singapore’s trade finance banks warned over environmental crime risks
The Monetary Authority of Singapore (MAS) has warned the city-state is vulnerable to criminals laundering the proceeds of environmental crime and is urging local banks to conduct greater scrutiny of ...
TSMC-Backed Vanguard, NXP Plan On Building $7.8B Semiconductor Facility In Singapore
Vanguard and NXP to create semiconductor joint venture in Singapore. New fab to produce 55,000 wafers per month by 2029. VIS will contribute $2.4 billion, securing a 60% equity stake in the initiative. NXP will invest $1.6 billion for a 40% stake.
Fitch: Singapore is unlikely to attract large data centre investments, as Malaysia has drawn most of it over the past years
Despite Singapore's efforts, many major foreign investors appear more drawn to neighbouring markets like Malaysia ...
Rise in identity cybersecurity breaches in Singapore is due to multi-cloud and artificial intelligence
SINGAPORE: According to CyberArk, the increase in identity cybersecurity breaches in Singapore is mainly due to the widespread use of multi-cloud and artificial intelligence (AI), which creates many ...
TSM-backed Vanguard, NXP to build $7.8B chip wafer plant in Singapore
NXP Semiconductors (NASDAQ:NXPI) and Vanguard International Semiconductor are forming a joint-venture called VisionPower Semiconductor Manufacturing Company to build a $7.8B 300mm semiconductor wafer ...
Singapore’s nation building journey deserves to be ‘commemorated and remembered’: SM Lee
SINGAPORE: The time has come for Singapore to build a memorial to commemorate its nation building journey, said Senior Minister Lee Hsien Loong on Wednesday (Jun 5). Speaking after the groundbreaking ...
Bank of Canada cuts rates to 4.75%, signals more to come
The Bank of Canada cut interest rates by a quarter of a percentage point, making it the first Group of Seven central bank to kick off an easing cycle.
China’s Tiger Brokers eyes Singapore’s rich to drive growth
The firm is hoping to double its revenue in Singapore over the next one to two years as it taps the “sophisticated and rich".
US Reclaims Crypto Crown on Bitcoin ETFs, Trump Rise in Polls
(Bloomberg) -- The US is reclaiming its position as the undisputed top dog of cryptocurrency markets. From a crop of record-shattering Bitcoin ETFs to more accommodating regulators, swelling political ...
Singapore selected for $7.8B NXP, VIS chip JV
NXP Semiconductors, VIS plot Singapore-based production JV for mixed signal, power management and analogue chips.
NXP and Vanguard to invest $7.8 bln in Singapore wafer plant
Construction of the plant is expected to begin in the second half of 2024, with initial production available to customers in 2027, the firms said in a statement.
Dutch chip giant NXP plans $7.8B plant in Singapore amid tensions with China
NXP and TSMC-backed Vanguard International will build a $7.8bn chip plant in Singapore, seeking to diversify the semiconductor supply chain.
Tsutomu Ogura calls for Kallang Roar to be on Singapore’s side in South Korea clash
Singapore are hoping to have the full backing of a sellout 50,000 crowd when they take on South Korea on Thursday.