It places 11th globally. Singapore is the highest Southeast Asian market for Business Environment in the Savills 2026 Nearshoring Index, ranking 11th globally. The country is underpinned by its ...
Allianz nears deal for HSBC’s Singapore insurance business
Allianz (ALIZF)(ALIZY) has emerged as the leading contender to acquire HSBC's (HSBC)(HBCYF) Singapore insurance business in a deal that could value the unit at as much as $2 billion, Bloomberg News ...
Singapore’s millionaire population continues to grow, report says
Singapore’s high-net-worth individual population rose 3.0% in 2025 to 141,000, up from 136,900 a year earlier This article (Singapore’s millionaire population continues to grow, report says) first ...
Singapore announces new road map to improve standards and conformance capabilities, partnerships
Five MOUs between EnterpriseSG and its international and regional partners are formalised. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore central bank to revise single family office framework on June 15
Singapore's MAS will implement a revised single family office framework on June 15, simplifying licensing while tightening AML oversight for over 2,000 ...
Chips still king of Singapore exports amid non-tech upswing in Asia
The Republic produces one in 10 chips globally and one in five pieces of semiconductor equipment Read more at The Business Times.
Chips still king of S’pore exports amid non-tech upswing in Asia
The powerful wafers have become a cornerstone of the modern economy. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore Responds to Indonesia’s One-Door Export
Singapore's Deputy Prime Minister Gan Kim Yong responds to Indonesia's one-door export policy via PT Danantara Sumberdaya Indonesia.
3 companies charged for declaring over $23m worth of China-made mattresses originated in Singapore to evade US import duties
For almost three years, more than $23 million worth of mattresses made in China were exported from Singapore to the United States bearing false declarations that they had originated in Singapore in ...
Singapore’s oil product inventories slump to near 13-year low
By Jeslyn Lerh and Trixie Yap SINGAPORE, June 11 (Reuters) - Oil product stocks in Asia's key trading hub Singapore fell to their lowest levels in nearly 13 years, led by a sharp drawdown in residual ...
Singapore leads global business environment rankings in Savills’ 2026 Nearshoring Index
According to results released June 11, Singapore is the highest-ranked market in Southeast Asia, placing 11th globally.
Singapore charges 3 men over US$18 million fake country of origin mattress scam
The men allegedly declared China-made mattresses as Singapore goods to avoid paying US anti-dumping duties Three men were charged on Thursday for their alleged involvement in a scheme to falsely ...
3 charged over alleged scheme to export China-made mattresses as Singapore goods to avoid US duties
The mattresses, worth over S$23 million, were allegedly falsely declared as Singapore-origin products and shipped to the US in an apparent attempt to avoid import duties.
Singapore Airlines places limits on business class seat selection
Singapore Airlines has made a change in the business class cabin, limiting the seats that most passengers can select, regardless of when it was booked. Now, it appears the airline will only allow ...
Singapore companies dialling back hiring, but willing to pay higher wages for AI, soft skills
Discover how Singapore companies are adjusting hiring plans while offering higher wages for AI and soft skills. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore ranked most crypto‑friendly city worldwide
APAC cities also dominated the top 10. Singapore was ranked the most crypto-friendly city globally with Asia-Pacific cities accounting for six of the top 10 positions, according to the Crypto Friendly ...