Singapore's middle distillates inventories surged by almost 1 million barrels, as persistently lower gasoil outflows for a second straight week offset an increment in jet fuel/kerosene net exports, ...
Singapore’s Emerging Role as a Business Hub Compared to Hong Kong
Singapore is experiencing a significant transformation in its economic landscape. Read more about business in Hong Kong.
Foreigners in S’pore reminded not to support or import foreign politics amid Israel-Hamas war
SINGAPORE - Foreigners should avoid using Singapore as a platform to further their political causes amid the Israel-Hamas conflict, said the Ministry of Manpower (MOM). Read more at straitstimes.com.
Singapore seen as hub for renewable energy
Singapore can serve as a hub for renewable energy as the city-state can leverage its status as one of the world's biggest commodity trading centers and bunkering ports, analysts said.
Singapore must find ‘right approach’ to decide who takes responsibility for malware scam losses: MAS chief
The authorities are “very concerned” about malware scams and discussions with banks on putting safeguards in place are underway, says Singapore’s central bank chief Ravi Menon in an interview with CNA ...
Report projects Singapore to be S-E Asia’s biggest market in digital lending and wealth
SINGAPORE - Singapore is projected to be the biggest digital lending market in South-east Asia this year through to 2030, according to a report published on Wednesday by Google, Temasek and Bain & Company. It is also expected to be the biggest digital ...
Singapore overtook the US as the largest investor in Asia Pacific real estate for the first time: Knight Frank
Singapore has emerged as the primary source of Asia Pacific real estate investments YTD, surpassing the US for the first time, according to a report by Knight Frank.
Study: Gen Z Americans say Singapore is 5th most desirable country for expats
Singapore got top marks not only because of its economy and infrastructure but also because of ease of travel to other destinations in Asia
Singapore Imposes Penalties on DBS for Service Outages
The Monetary Authority of Singapore won’t allow DBS Bank to acquire new business ventures for six months, one of several penalties imposed for what the central bank described as excessive interruptions to banking services this year.
Singapore’s central bank bars DBS bank from new takeovers for 6 months, after repeated banking service disruptions
The regulator said it would not approve any new business acquisitions by the bank during this period, adding DBS would also not be allowed to reduce the size of its branch and ATM networks in Singapore for now. Singapore DBS, Citi customers can’t use ...
Singapore’s HMI Group to buy majority stake in heart and vascular company
SINGAPORE - Singapore’s Health Management International ... Management announced an investment into the holding company of HMI via its hybrid value business. The value of the investment was not ...
MAS expects Singapore growth to pick up pace in 2024
Singapore’s economy is expected to shake off the stagnation it has suffered for most of 2023 and grow at a faster pace in 2024.
Singapore: Southeast Asia’s cargo gem
Positioned at the heart of the dynamic and vibrant region of Southeast Asia, Singapore is not only the freight hub for Asia but for the world. But that's not the end of this story. Its focus
Singapore exports fall for 12th month in Sept but recovery seen
SINGAPORE: Singapore's exports fell for a 12th straight month in September on a year-on-year basis as the trade-reliant economy grappled again with global headwinds on inflation and declining demand. Singapore's non-oil domestic exports (NODX) fell 13.2% ...
Sarawak gets nod for undersea power cable project to Singapore
Sarawak premier Abang Johari Openg says the cables, which will pass through Indonesian territory, will enable Sarawak to export up to 1,000MW of electricity.
Singapore Partner with Japan, Switzerland, UK Regulators for Joint Crypto Pilots
Singapores central bank is reportedly planning to establish crypto-related cooperation with Japan and some European nations. Thus, it has teamed up with the monetary authorities in Switzerland, Japan, ...