Singapore arrested three men accused of flouting US export controls on advanced NVIDIA microchips. The suspects were caught exporting servers containing the chips from Singapore to Malaysia, where ...
Singapore arrests alleged Nvidia chip smugglers
On Thursday, Singaporean police arrested three men for allegedly smuggling Nvidia chips, Singapore’s national broadcaster Channel News Asia reported. The three men, two Singaporeans and one Chinese ...
Singapore Budget 2025: laying the groundwork for a resilient future
Dario Acconci of Hawksford argues that Singapore’s 2025 Budget, which features a hefty corporate income tax rebate, is ‘generous and forward-looking’ ...
Cost of living concerns go ‘far beyond’ GST; raising the tax not an easy choice: PM Wong
SINGAPORE: Singaporeans' concerns over the rising cost of living go "far beyond" the Goods and Services Tax (GST), said Prime Minister Lawrence Wong on Monday (Mar 3) as he reiterated the reasons for ...
Keep the lights on or mine Bitcoin? How crypto is starting to suck up clean energy
The crypto industry, while always volatile, is booming and is hungry for power. To get their hands on it, miners are looking to places where they can tap into cheap electricity. Experts say it can ...
Shanmugam: AI chips under US export controls moved through Singapore to Malaysia
Singapore’s Minister for Law and Home Affairs K Shanmugam confirmed that AI chips subject to US export controls were transported through Singapore in servers, with Malaysia as the last known ...
Servers in Singapore fraud case may contain Nvidia chips under U.S. export controls
Singapore is investigating a fraud case involving Dell (NYSE:DELL) and Super Micro Computer (NASDAQ:SMCI) servers supplied to Singapore-based companies and then shipped to Malaysia, which may have ...
CDL no longer Singapore’s largest listed developer as shares close down 2.3% after trading resumption
The firm says it is “business as usual” amid a battle for board control between its chairman and his CEO son. Read more at straitstimes.com.
ST Engineering drives gains for Singapore shares on Monday; STI up 0.3%
SINGAPORE stocks ended higher on Monday (Mar 3), tracking gains on Wall Street. Read more at The Business Times.
How Singapore is supporting businesses and workers amidst global uncertainties: PM Wong’s Budget 2025 round-up speech
Prime Minister and Minister for Finance Lawrence Wong also addressed two other major concerns, such as whether Singapore has become overly conservative in its fiscal projections and plans, especially ...
Nominations open for EY Entrepreneur of the Year 2025 awards in Singapore
Ernst & Young (EY) is now taking in nominations for its Entrepreneur of the Year (EOY) 2025 awards in Singapore. Nominations for the 24 th edition of the awards will open till April 1.
Singapore probes suspected breach of US export controls on Nvidia chips
Singapore has charged three men in a case suspected to involve Nvidia semiconductor sales that potentially breach US export controls, the government announced on Monday.
Chips allegedly moved through Singapore were headed for Malaysia; final destination under investigation: Shanmugam
Law and Home Affairs Minister K Shanmugam said Singapore’s investigations were carried out independently and not requested by the US, which has placed export controls on the chips.
Servers Used in Singapore Fraud Case May Contain Nvidia Chips, Minister Says
Singapore's Home Affairs and Law Minister K Shanmugam told reporters on Monday that the servers involved in the case were supplied by Dell Technologies and Super Micro Computer before they were sent ...
Singapore’s CDL Loses Biggest Developer Spot After Feud
Singapore’s largest listed developer after its stock fell on Monday, underscoring investors’ concern about the family feud unfolding in public. Shares of the Singapore-based developer fell as much as ...
CDL lifts trading halt amid boardroom tussle, says ‘business as usual’
It had called for a trading halt on Feb 26 in view of the falling-out between Kwek Leng Beng and his son Sherman. Read more at straitstimes.com.