Swiss bank maintained accounts in Singapore on behalf of US taxpayers using offshore accounts to evade taxes. Read more at straitstimes.com. Read more at straitstimes.com.
Why a US-listed video game firm is paying a premium for a Singapore-based tech products distributor
SINGAPORE] For over 30 years, one little-known wholesaler and distributor of technology products – including IT accessories, gaming components and smart technology – steadily built up its distribution ...
Singapore entities will be able to list product carbon data aligned with global methodology
SINGAPORE] Businesses and organisations in Singapore can now list product carbon footprints based on global standards with the Singapore Emission Factors Registry. Read more at The Business Times.
Singapore dollar closes in on 10-year high as Trump tariff turmoil saps US dollar dominance
Singdollar was trading at 1.2964 per US dollar at 9.30 am local time on May 6, up 4.6 per cent to date in 2025. Read more at straitstimes.com. Read more at straitstimes.com.
Trump’s crypto ventures complicate path for stablecoin legislation as Democrats revolt
Democrats are putting up new resistance to crypto legislation prioritized by the Trump administration as some object to the involvement of the Trump family in that industry as well as a host of other ...
Singapore-Pacific Alliance free trade agreement enters into force for Republic, Chile and Peru
The five-country FTA will enter into force for Colombo and Mexico when they complete the process. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore retail sales bounce back in March, rising by 1.1%
The total retail sales value that month was $4.3 billion. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore stocks end higher, with STI up 0.2%
Top gainer is DFI Retail Group at US$2.71; the biggest decliner is Yangzijiang Shipbuilding at $2.11 Read more at straitstimes.com. Read more at straitstimes.com.
Grab appoints Alejandro Osorio as new managing director for Singapore
SINGAPORE] Ride-hail and delivery giant Grab announced on Monday (May 5) that Alejandro Osorio has been appointed as managing director (MD) of Grab Singapore. Read more at The Business Times.
Gates Foundation to open office in Singapore – its 12th worldwide
SINGAPORE] The Gates Foundation – one of the world’s largest private philanthropic organisations – will be opening an office in Singapore, said Bill Gates on Monday (May 5). Read more at The Business ...
Singapore’s PAP Victory a Boon for Local Assets, Analysts Say
Singapore’s stocks and currency are expected to get a boost after the ruling party secured a convincing victory in Saturday’s election, according to analysts.
Can New Delhi stop Islamabad from circumventing trade ban? Pakistan sending goods to India via UAE, Singapore
Pakistan is also trying to export goods to India via Sri Lanka and Indonesia by relabelling the packages. Indian customs department has begund monitoring and identifying goods that have undergone orig ...
Industry alliance launches in Singapore to spur Asia’s green jet fuel uptake
Despite ramped-up production, regional demand for sustainable aviation fuel has lagged. A new initiative by Temasek-owned GenZero aims to rally Asian players to close the gap through the use of a ...
Singapore dollar surges to 1.29 to US dollar amid Asia currency rally
Singdollar was up 0.6 per cent to 1.2920 per US dollar as at 12.07am local time. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore’s STI little changed in early trade on Monday after PAP win at GE2025
SINGAPORE] Singapore shares were little changed in early trade the first trading day after the country’s election wrapped up. Read more at The Business Times.
Maldives to build $9 billion crypto hub to attract investment: Report
The government of Maldives signed an agreement with MBS Global Investments, a Dubai-based family office, to develop a $9 billion crypto and blockchain hub in Malé, the capital of the South Pacific ...