Kempinski Hotels to open first Singapore property

Kempinski Hotels is set to open its first hotel in Singapore. The Capitol Kempinski Hotel Singapore will be part of the Capitol Singapore mixed-use development in the downtown civic district. Singapore’s Perennial Real Estate Holdings will own and ... ( read original story ...)

Malaysia PM to drop high-speed rail project with Singapore: FT

"We need to do away with some of the unnecessary projects, for example the high-speed rail, which is going to cost us RM110bn ($28bn) and will not earn us a single cent. That will be dropped," Malaysian Prime Minister Mahathir Mohamad told the Financial Times. ( read original story ...)

Singapore Shares: Support Expected At 3,500 Points

The Singapore stock market headed south again on Friday, one session after it had halted the two-day slide in which it had fallen more than 50 points or 1.5 percent. The Straits Times Index now rests just beneath the 3,515-point plateau and it may tick ... ( read original story ...)

U.S. teams in North Korea, Singapore try to salvage summit

CBS News foreign correspondent Ben Tracy and Gordon Chang, author of "Nuclear Showdown: North Korea Takes on the world," explain the latest developments to CBSN.. A U.S.-North Korea summit in Singapore next months remains very much in play, and South Korean... ( read original story ...)

DBS to build Carousell’s mobile wallet CarouPay

This followed the bank's participation in Carousell's US$85m funding round. DBS will be developing and operating the integrated payment system of Singapore e-commerce firm Carousell called CarouPay, which will be launched in June, a Carousell spokesperson ... ( read original story ...)

21 Singapore Supermarket Industry Statistics, Trends & Analysis

That allows the Singapore supermarket industry to take advantage of what is available on the import market. There are no excise taxes or imports on food or beverages because of the unique structure of Singapore. There is virtually no domestic agricultural ... ( read original story ...)

Malaysia says it will axe high-speed railway to Singapore

KUALA LUMPUR, Malaysia — New Malaysian Prime Minister Mahathir Mohamad said Monday that a planned high-speed railway that would cut travel time between Kuala Lumpur and Singapore to just 90 minutes will be axed because it isn't beneficial. Mahathir said ... ( read original story ...)