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Posted on 28/06/2023

Lexus to join Singapore taxi fleet

First time for Toyota-owned nameplate here; and second luxury brand following Mercedes-Benz in mid-1990s Read more at straitstimes.com.

Posted on 28/06/2023

Why the UN Should Regulate Singapore’s Dangerous Sand Imports

For nations like Malaysia and Indonesia, the profit that can be made selling off a precious natural resource is often too great to resist.

Posted on 28/06/2023

Malaysia seizes 18 tonnes of rice worth nearly $29k smuggled from Singapore at Johor checkpoint

The driver did not have the correct documents to import the rice, authorities said. Read more at straitstimes.com.

Posted on 28/06/2023

Pricey property is a pointy dilemma for Singapore

Singapore’s soaring housing prices are bucking a global slump but the trend is also turning rich overseas arrivals into an easy scapegoat for the city’s rising cost of living. If Asia’s safe haven ...

Posted on 28/06/2023

The Economic Times warns of Singapore job slowdown impacting Indian nationals seeking employment

A job slowdown in Singapore could impact Indian nationals seeking work in the country, as Singapore's declining exports and shrinking job vacancies hint at a potential technical recession, warns The ...

Posted on 28/06/2023

Jamus Lim expresses concern that Singapore’s medical system is ‘starting to creak under the strain’

SINGAPORE: While acknowledging that Singapore still has an excellent healthcare system, Workers’ Party MP Jamus Lim (Sengkang GRC) said it’s “starting to creak under the strain.” He also pointed out ...

Posted on 28/06/2023

Singapore startup attracts high-profile backers for AI monocle

BRILLIANT Labs, the designer of an AI-powered mixed-reality gadget, has pulled in investors including Oculus co-founder Brendan Iribe, Siri co-founder Adam Cheyer, and Eric Migicovsky, the founder of ...

Posted on 27/06/2023

Singapore sends businessman to Jail for 12 months in his role in Wirecard fraud

A Singapore judge handed a 12-month prison term to a businessman for conspiring to misappropriate money in the Wirecard AG scandal.

Posted on 27/06/2023

Crypto.com launches Singapore-based Global Innovation Lab

Crypto.com introduces a Singapore-based Global Innovation Lab intending to explore new opportunities in AI, Web3, and blockchain.

Posted on 27/06/2023

Crypto.com to set up Singapore innovation lab

This announcement was made by Crypto.com during Point Zero Forum – a multi-sector policy and technology forum organized by the Swiss State Secretariat for International Finance (SIF) and Elevandi, a ...

Posted on 27/06/2023

Customs make record HK$1.5 billion smuggling seizure

Customs officials on Monday said they had seized the largest ever haul of smuggled goods, with HK$1.5 billion of electronics, wine, music records ...

Posted on 27/06/2023

Singapore teeters on edge of recession after industrial output nosedives

Economists now expect the city state’s economy to have contracted over two quarters, enough to count as a technical recession and raising the prospect’s of a downgrade to the full-year growth forecast ...

Posted on 27/06/2023

Have digital banks in Singapore lived up to the hype?

The race for market share in the digital banking space has begun but new players have to do more to woo customers, say observers.

Posted on 27/06/2023

Singapore’s first B Corp brews coffee with sweet impact

Childhood lessons spurred social entrepreneur Pamela Chng to start a business that benefits society. Read more at straitstimes.com.

Posted on 27/06/2023

Economists flag risk of technical recession for Singapore as manufacturing contracts further in May

ECONOMISTS warned of a heightened risk of a technical recession in the first half of 2023, as factory output contracted by 10.8 per cent on year in May, worse than Bloomberg’s median forecast of a 7.3 ...

Posted on 27/06/2023

Not that Vertex: Singapore-backed Vertex Ventures HC raises $200M third fund

No connection with Boston-based drugmaker Vertex Pharmaceuticals Inc., Vertex Ventures HC is one of six independent funds under the umbrella of Vertex Holdings, a VC investment holding company whose ...

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