Over 3,000 food and beverage (F&B) outlets have closed in Singapore in 2024 alone. According to a CNA report, the increase in closures marks the highest number of closures since 2005. The closures are mainly due to higher operating costs that led to dwindling business.
Singapore’s president cites global ‘mistakes’ as inflation worries World Economic Forum
Tharman Shanmugaratnam, a veteran economist and ex-finance minister, said that inflation would be lower if not for 15 years of mistakes Global inflation has yet to die and advanced economies outside ...
New Year, New Financial Goals: Check Out The Best Bank Accounts for Kids in Singapore
Kids and money? Yes! Start them young with the best bank accounts for kids in singapore so they grow up knowing how to save smart.
First wave of tenants to move into Punggol Digital District – Singapore’s Silicon Valley
A major draw for companies is the open digital platform, Singapore’s first estate-wide computer operating system. Read more at straitstimes.com.
Singapore pledges to assist US probe into Nvidia chip sales to China’s DeepSeek
Singapore has promised to work closely with the US authorities to probe allegations over China's AI firm DeepSeek, obtaining Nvidia chips through proxies.
Property shrinkflation: Singapore condo sizes shrink by up to 20.6% as developers try to keep prices affordable
The median size of Singapore’s new non-landed private homes reportedly dropped by 10.6 per cent from 1,012 square feet (sq ft) in 2010 to 904 sq ft in 2024, according to global real estate firm ... ( read original story ...)
Some data centres in Singapore exploring nuclear energy to power growing needs
Data centres in Singapore are ramping up their demand for renewable energy, with some exploring the option of nuclear reactors to power their growing needs. For a start, industry watchers are pushing for an advisory framework that conducts feasibility studies and grows technical expertise in the field.
Le Diner en Blanc, The Largest and Most Elegant Dinner Party Returns to Singapore in 2025
February 1, 2025) - Le Dîner en Blanc, the global phenomenon of elegance and community, is making its highly anticipated return to Singapore this year, marking a decade since its last magical ...
Singapore says U.S. firms should comply with export controls following DeepSeek chip questions
Questions have been raised over the provenance of the semiconductors used to build DeepSeek's AI model, given U.S. export restrictions.
Singapore to Keep Working Closely With US Amid DeepSeek Concerns
Singapore said its customs and law enforcement departments will continue to work closely with US counterparts amid concerns China AI firm DeepSeek obtained Nvidia Corp. chips through intermediaries on ...
Nvidia expected to abide by US export curbs and Singapore laws, says ministry
SINGAPORE: Singapore expects Nvidia to comply with United States export controls and Singapore’s laws, the Ministry of Trade and Industry (MTI) has said in response to queries about Chinese start-up ...
DeepSeek-Nvidia chips: Singapore says it expects companies to comply with its laws
Singapore's Ministry of Trade and Industry issued a statement on Saturday (Feb 1) following reports that Chinese company DeepSeek could have used US chips that are not allowed to be shipped to China.
Singapore will continue to work with US counterparts to comply with export controls: MTI
THE Ministry of Trade and Industry (MTI) said on Saturday (Feb 1) that Singapore’s customs and law enforcement agencies will continue to work closely with US counterparts on export controls. Read more ...
Singapore to pilot driverless public buses from mid-2026
On Monday (Jan 27), the agency launched a Request for Proposal (RFP) to seek industry proposals for the trial.
ShareChat launches AI centre in Singapore to reach regional talent
Indian social media company ShareChat has opened its Artificial Intelligence (AI) Centre of Excellence in Singapore, making it its third office outside of India after having established locations in ...
STI up 1.4% as Singapore shares track regional gains
SINGAPORE - Singapore shares tracked regional gains on Friday (Jan 31), ending the week higher after markets reopened following the two-day break for the Chinese New Year holidays.