(Bloomberg) — Singapore plans to screen investments more closely in sectors critical to its national interests, as part of a new regime to boost security without undermining the Asian financial hub’s reputation for ease of doing business. The ...
Singapore proposes law to regulate significant investments in entities critical to national security
The Ministry of Trade and Industry said on Friday that three categories of businesses would come under the proposed legislation: those which are incorporated, formed, or established in Singapore; those which carry out business activities in Singapore ...
Singapore to propose new law to manage significant investments into critical entities
Singapore currently relies on sector-specific laws – such ... Orders can be given to “direct the assumption of control of the designated entities’ affairs, business and property to ensure their continuity” in the event of national security issues ...
Singapore warns foreigners against using country to further political causes amid Israel-Hamas war
In a joint advisory, manpower and security agencies urge foreign workers to not import foreign politics into Singapore, including through the public display of materials such as flags.
Singapore crypto operator offers GCash-type wallet
OPERATORS behind Singapore-based cryptocurrency platform “Account Labs” announced having entered the Philippine market by offering the Unipass crypto wallet to freelancers. One of the operators, Lixin ...
Singapore’s PMI sees back-to-back gains after six-month contraction
It may indicate that a gradual manufacturing recovery could be underway, say economists. Read more at straitstimes.com.
Singapore’s middle distillates stocks surge 1 mln bbl on slow gasoil outflow
Singapore's middle distillates inventories surged by almost 1 million barrels, as persistently lower gasoil outflows for a second straight week offset an increment in jet fuel/kerosene net exports, ...
Singapore’s Emerging Role as a Business Hub Compared to Hong Kong
Singapore is experiencing a significant transformation in its economic landscape. Read more about business in Hong Kong.
Foreigners in S’pore reminded not to support or import foreign politics amid Israel-Hamas war
SINGAPORE - Foreigners should avoid using Singapore as a platform to further their political causes amid the Israel-Hamas conflict, said the Ministry of Manpower (MOM). Read more at straitstimes.com.
Singapore seen as hub for renewable energy
Singapore can serve as a hub for renewable energy as the city-state can leverage its status as one of the world's biggest commodity trading centers and bunkering ports, analysts said.
Singapore must find ‘right approach’ to decide who takes responsibility for malware scam losses: MAS chief
The authorities are “very concerned” about malware scams and discussions with banks on putting safeguards in place are underway, says Singapore’s central bank chief Ravi Menon in an interview with CNA ...
Report projects Singapore to be S-E Asia’s biggest market in digital lending and wealth
SINGAPORE - Singapore is projected to be the biggest digital lending market in South-east Asia this year through to 2030, according to a report published on Wednesday by Google, Temasek and Bain & Company. It is also expected to be the biggest digital ...
Singapore overtook the US as the largest investor in Asia Pacific real estate for the first time: Knight Frank
Singapore has emerged as the primary source of Asia Pacific real estate investments YTD, surpassing the US for the first time, according to a report by Knight Frank.
Study: Gen Z Americans say Singapore is 5th most desirable country for expats
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 ...