A Singapore-based neobank powered by stablecoins had added a crowd of high-profile venture capital funds and angel investors to its register after ruling off a $US10 million seed funding round.
58 tortoises in a bag: Indian national jailed for for illegal import into Singapore
The tortoises were concealed -- sealed and not ventilated -- in Abdul Jaffar Haji Ali's personal luggage when he arrived at Changi Airport on August 29 from India to take another flight to Jakarta.
Indian national jailed for unlawfully importing 58 tortoises into Singapore
An Indian national was sentenced to a year and four months’ jail for unlawfully importing 58 Indian star tortoises into Singapore in August, a media report said on Tuesday. The tortoises were ...
Singapore’s economy soars with 5.4% GDP growth, powered by manufacturing surge and booming electronics
The standout performer was the domestic electronics industry, which surged by 17% YoY, helping to bolster overall manufacturing output. This growth highlights Singapore’s role as a key player in the ...
Singapore’s urban rejuvenation schemes should be extended but fine-tuning needed: Experts
The two schemes give developers and building owners incentives to undertake rejuvenation projects. Read more at straitstimes.com.
Singapore emerges as top destination relocation in SEA
The city-state ranks 8th globally. Singapore has stood out as the most desired market for relocation in Southeast Asia (SEA), according to a SEEK report. The report found that 30% of Malaysians prefer ...
Singapore property tycoons set up family office in Abu Dhabi, eyeing Middle East expansion
We chose Abu Dhabi because it offers a strategic location and an internationally recognized legal framework,” they said ...
Crypto.com Taps Deutsche Bank for Corporate Banking Services in Key APAC Markets
Crypto.com has partnered with Deutsche Bank to enhance its corporate banking capabilities across Singapore, Australia, and Hong Kong.
Maybank keeps Sembcorp at ‘buy’ with higher TP following agreement to import renewable energy from Malaysia
This comes on the back of Sembcorp agreeing to import 50MW of renewable energy from Tenaga of Malaysia to Singapore issued with Renewable Energy Certificates (RECs) using existing infrastructure. The ...
Economists Raise Singapore’s 2024 Growth Forecast, Central Bank Survey Shows
Experts surveyed by Singapore’s central bank have raised their 2024 economic growth forecast for the city-state, coming after third-quarter data showed the economy expanded at the fastest in nearly ...
Economists see Singapore economy slowing to 2.6% in 2025 from 3.6% in 2024: MAS survey
Geopolitical tensions, including from higher tariffs, jumps to top downside risks to Singapore’s economy. Read more at straitstimes.com.
Charge+ acquires 140 EV chargers from 3 companies ceasing commercial charging services in Singapore
Charge+ has acquired 140 public and shared EV chargers from three other companies in Singapore that have ceased offering commercial charging services. Read more at The Business Times.
Manufacturing leads Singapore’s GDP growth with 11% YoY rise in Q3
GDP is expected to drop in 2025. Singapore’s gross domestic product (GDP) grew by 5.4% year-on-year (YoY) in Q3 2024, driven primarily by the manufacturing sector, Oxford Economics reported. The ...
Singapore semiconductor sector troubled by widening US curbs
New US export restrictions on semiconductors are unlikely to mar Singapore’s standing as a resilient manufacturing hub, but firms here could still take a hit from brewing trade tensions and technology ...
Crypto.com taps Deutsche Bank for Asia-Pacific markets
Cryptocurrency exchange Crypto.com has announced a new partnership with Deutsche Bank to provide corporate banking services across Asian-Pacific markets, covering regions such as Singapore, Australia, ...
Crypto.com picks Deutsche Bank as corporate banking partner for APAC region
Cryptocurrency exchange Crypto.com has partnered with Deutsche Bank to become its corporate banking partner for Singapore, Australia, and Hong Kong. In an announcement today, the exchange said the ...