Bridgewater Associates founder Ray Dalio’s family office has bought two multimillion-dollar “shophouses” in Singapore, as billionaires snap up the heritage properties in the city-state.
President Tokayev makes his first state visit to Singapore
Kazakhstan President Kassym-Jomart Tokayev is making his first state visit to Singapore. The three-day visit starting today (22 May) is expected to strengthen Singapore's ties with the Central Asian state.
Shaken passengers arrive in Singapore after deadly turbulence-hit flight
More than 140 passengers and crew from a Singapore Airlines flight on which one person died during heavy turbulence finally reached Singapore on Wednesday, with 20 still fighting for their lives in a Bangkok hospital.
Singapore’s interest in ESG investment wanes
Only 36% of Singapore investors hold ESG funds, down from 2021. The number of investors with ESG investments in Singapore decreased in 2023 compared to 2021. Data from AXA Investment Managers showed ...
SINGAPORE’S XSQUARE TECHNOLOGIES SECURES S$10.5M IN SERIES A FUNDING LED BY WAVEMAKER PARTNERS
XSQUARE Technologies (XSQUARE), a Singapore-based intelligent warehousing automation company, has successfully raised S$ 10.5 million in Series A funding. The round was led by Wavemaker ...
These countries will lead real estate investments in APAC this year
With an estimated US$761bn* sitting in global closed-ended funds at the start of the year ready for deployment into real estate, Savills forecasts investment volumes to rise in 2024. In Asia Pacific, ...
Report shows ESG investing in Singapore declining
Biggest barrier to investing was skepticism about the performance of these funds. Singapore investors have become less active in ESG investing over the past year and have grown less hopeful about the ...
Singapore Bourse May Test Support At 3,300 Points
Ahead of Wednesday's holiday for Wesak Day, the Singapore stock market had ended the three-day winning streak in which it had ...
Singapore Airlines shares slip 1.3% after turbulent flight
Singapore Airlines shares fell more than 1% in early trade on Thursday, following a deadly turbulence-hit flight. One passenger died of a suspected heart attack and dozens were injured after flight ...
Singapore industrial sales down 21% to 337 deals in Q1
According to Knight Frank, industrial sales activity slowed in the first quarter of 2024 with 337 caveats lodged, a decrease of 21.3% from the previous quarter when 428 caveats were lodged (Exhibit 1) ... ( read original story ...)
Singapore warehouse rents to breach 5% growth this year
According to a report from Knight Frank, although Singapore’s industrial real estate sector was quiet in Q1 2024, the return to growth in the manufacturing sector will underpin its stability, a ... ( read original story ...)
MAS bars ex-DBS rep from financial advisory work for 5 years
The Monetary Authority of Singapore has barred Muhammad Hafiz Bin Ismail from providing any financial advisory service or being involved to any financial advisory firm or capital market services firm ...
GIFT City tax sops make FPIs skip Mauritius, Singapore
According to legal experts and industry players, the trend is being primarily driven by the efforts of the Indian government that is pushing GIFT City over common investment channels through Mauritius ...
‘Sheer terror’: Passengers on Singapore Airlines flight describe nightmare after plane hit ‘severe turbulence’
when 83 died in Singapore after an aircraft crashed shortly following takeoff, the Aviation Safety Network says. Get a brief on the top business stories of the week, plus CEO interviews, market ...
Singapore Doubles Down on Executions
On May 8, Singapore’s home minister, K. Shanmugam, announced that the Post-Appeal in Capital Cases Act (PACC), which was passed in 2022, would imminently come into force. This law will severely curtail prisoners’ ability to appeal their convictions and ...
Singapore’s Economy Grew at Faster Pace in First Quarter
SINGAPORE—Singapore’s economy grew at a faster pace in the first quarter of 2024, as growth in sectors such as construction, wholesale trade, and retail trade overcame contraction in the manufacturing sector.