A lacklustre month of takings at the till was the culprit: Singapore’s retail sales fell 1.2 per cent year on year in April, below the forecast 1.9 per cent gain in a Bloomberg poll of private-sector ...
Chinese tech giant Tencent moves into Singapore tower to consolidate office space in city state
“We are excited to continue our business in Singapore.” Tencent’s move reflects the cautious mood in an office market showing early signs of weakness because of rising lay-offs in sectors like ...
Singapore hotel rates and other indicators fall in April from Taylor Swift-driven highs in March
April international visitor arrivals slipped to 1.36 million, following the high in March. Read more at straitstimes.com.
Purchase body approves import of LNG cargo, 6000 MT of lentil
The government will import a cargo of liquefied natural gas (LNG) from Singapore.The Cabinet Committee on Government Purchase (CCGP) in a meeting on Tuesday approved a proposal of state-owned ...
Singapore stocks edge lower amid mixed showing in region
ST Engineering came in at the bottom of the index, dropping 2.4% or $0.10 to $4.04 Read more at straitstimes.com.
Completion of Google’s fourth data centre in Singapore brings total investment to S$6.7B
SINGAPORE: The completion of Google’s fourth data centre in Singapore brings its total investment in the country to US$5 billion (S$6.7 billion). This marks a substantial increase from the US$850 ...
HSBC to open 3 wealth centres in Singapore by Q1 2025; pivot branches to wealth
HSBC plans to open three wealth centres in Singapore by the first quarter of 2025, as part of its strategy to build its international and wealth propositions. Read more at The Business Times.
Govt to consider tax incentives for halal industry investments in JS-SEZ
The government will discuss tax incentives for businesses investing in the halal industry within the Johor-Singapore Special Economic Zone (JS-SEZ), says Datuk Seri Dr Ahmad Zahid Hamidi. Read full st ...
Ukrainian president berates China at Singapore security conference
The presence of Zelensky condemning China and touting for support for the war against Russia is a sharp warning the brutal conflict is rapidly developing into a wider war not just in Europe, but ...
Singapore unlikely to draw large-scale data centre investments despite added capacity: Report
Momentum for data-centre investment also growing rapidly in other markets like Johor and Batam. Read more at straitstimes.com.
Singapore CEOs are shifting focus to AI investments, deprioritising investing in sustainability initiatives
SINGAPORE: Many Singapore CEOs are shifting focus to artificial intelligence (AI) from sustainability initiatives. According to a recent report from EY, around six in ten CEOs in Singapore have ...
Google’s latest data centre raises its investment in Singapore to S$6.7 billion
GOOGLE has increased its investment in infrastructure in Singapore to S$6.7 billion with the completion of its fourth data centre here. Read more at The Business Times.
Singapore unlikely to draw large-scale data-centre investment despite added capacity: report
SINGAPORE is unlikely to attract large-scale investments in data-centre capacity from foreign investors, despite its recent plans to increase its capacity, said a BMI market report on Monday (June 3).
11 crypto exchanges in Hong Kong ‘deemed to be licensed’, paving way for first approvals since 2022
Crypto.com, which was founded in Hong Kong and now operates out of Singapore, is the largest of the exchanges “deemed to be licensed”. The city currently has just two exchanges approved to serve ...
Singapore residential market stabilises as home demand and median prices level out
SINGAPORE: The Singapore residential market stabilises as home demand and median prices level out. PropertyGuru... The post Singapore residential market stabilises as home demand and median prices lev ...
Singapore Airlines Turbulence Incident Is ‘A Lesson To All Of Us In The Business,’ Says Emirates President
Following a significant turbulence event involving a Singapore Airlines flight, Emirates’ president has shared insights on the implications for the aviation sector. What Happened: The president of ...