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Indonesia is reducing natural gas exports to neighboring Singapore as President Prabowo Subianto seeks to shore up domestic supply and strengthen energy security for Southeast Asia’s largest economy.
Tokyo, Oct. 23 (Jiji Press)--Japan's Princess Aiko, the daughter of Emperor Naruhito and Empress Masako, will visit Singapore on Nov. 17-21, the government said Friday. Princess Aiko was invited by Singaporean President Tharman Shanmugaratnam as this year marks the 60th anniversary of diplomatic relations between the two countries. The trip will be the princess' second official overseas ...
Singapore Exchange Ltd. Chief Executive Officer Loh Boon Chye said he’s preparing to step down as the bourse moves into its next phase of growth.
Hong Kong and Singapore are locked in a fight for Asia’s billionaires and fund managers. Now, with an IPO boom and Mainland China’s backing, Hong Kong is making a move with tax exemptions on carried interest. (Source: Bloomberg)
Singapore’s state investor Temasek has denied involvement in Indonesia’s looming MSCI reclassification, following accusations that the city state’s sovereign wealth funds were pulling strings behind the scenes for their own gain. On Wednesday, Fock Wai Hoong, head of Asia-Pacific at Temasek Global Investments, said the claims had “no basis” and were “patently untrue”. Former Indonesian trade minister Muhammad Lutfi on Monday claimed that Singapore’s sovereign wealth funds, Temasek and GIC, were...
A Singaporean couple who regularly abused their first child after he was born, resulting in his death at the age of eight months, were sentenced to jail on Wednesday. Chloe Gan Ci Xuan, 23, and Neo Jia Ming, 27, were sentenced respectively to 15 years and three months’ jail and 16 years’ jail for various charges over the death of their son, Trevor Neo Yu Hin. Gan pleaded guilty to three charges comprising causing the death of a child, ill-treating a child and permitting such ill-treatment. Neo...
The governor of an Indonesian province bearing the brunt of weeks of raging forest fires has sought to douse anger over his trip to Singapore, as Jakarta “welcomed” help from its neighbours choked by transboundary haze to contain the crisis. East Kalimantan Governor Rudy Mas’ud, who was spotted having breakfast with his wife at the famous integrated resort Marina Bay Sands in a photo posted online on Sunday, said he travelled to the city state for a medical check-up. Rudy’s clarification came...
HSBC, Hong Kong’s biggest lender, said on Thursday it would double its artificial intelligence specialist team in the city to 300, a figure much larger than the workforce planned for its recently announced AI centre in Singapore. The announcement comes after Hong Kong’s regulators were reported to have raised concerns about the Singapore hub. The bank would double its AI specialist headcount in Hong Kong from 150 to 300 over the next two to three years, said David Liao Yi-chien, HSBC co-CEO for...
Rishi Sunak, former UK prime minister, urged so-called middle powers to become a “poisonous shrimp” to carve out strategic economic leverage in a more turbulent global environment. (Source: Bloomberg)
Singapore must work faster and harder as it competes with other global hubs that manage wealth says the island nation's Deputy Prime Minister Gan Kim Yong. He added that as global supply chains and investment flows shift, Singapore’s important role as a financial hub will provide further opportunities. The Deputy Prime Minister spoke with Haslinda Amin at the New Economy Forum in New Delhi. (Source: Bloomberg)
All 21 sailors on the Singapore-flagged GFS Pride were evacuated safely after it was hit by an projectile on Tuesday, maritime authorities say.
For Singaporean civil servant Clare*, finding a suitable lifelong partner has been an uphill battle. Swiping on dating apps soon became a chore after multiple unsuccessful first dates, so when the government launched its own platform, the 32-year-old was all for it. “It’s like ‘Why not?’, and I think it does have a few screening procedures so it might save you some trouble like having to deal with impersonators or people who do not match with their advertised profiles,” said Clare, who requested...
Growing up in a Malay family in Singapore, Hafeez Hassan feared dogs. He never expected to mourn one like a sibling. “Maybe that is what I have been grieving all along … The experience of loving something that I was taught I was not supposed to love,” he said. Even as an adult, walking his former partner’s husky Pieces in public made Hafeez anxious that a relative might see him, or that he might be judged for being close to an animal whose saliva and waste are regarded as ritually impure by many...
A Singaporean girl has been flown to a hospital after falling ill during a hike with two other friends at Hong Kong’s Lion Rock, according to police. The force received a report on Saturday from the mother of one of the hikers at about 6.50am. Her daughter called for help after the 17-year-old Singaporean friend vomited and experienced chills during their hike at Lion Rock, a 495-metre-high mountain. Police later arrived at the scene while the Government Flying Service deployed a helicopter to...
As Hong Kong and Singapore compete for leadership in businesses ranging from foreign exchange trading to wealth management, the battleground has extended to artificial intelligence, with both cities vying to attract investment from HSBC Holdings and other major corporations, according to industry players. The issue came into focus after the Hong Kong Monetary Authority (HKMA) questioned HSBC about its decision to set up an AI centre in Singapore, despite Hong Kong being its single largest...
Singapore’s air pollution worsened to the highest in the world as haze from Indonesia wildfires blankets the region days before the city state’s annual Formula One weekend. Air quality levels in Singapore were in the “very unhealthy” range as of Wednesday afternoon, according to data from IQAir. Nearby Kuala Lumpur, which was earlier in the top spot, ranked as the second-most polluted city globally. In the Malaysian state of Johor, about 140km (87 miles) northwest of Singapore, some 200 schools,...
A Singaporean woman has been added to a US list of “the worst of the worst criminal aliens,” becoming the third citizen from the city state to appear on the register, after convicted sex offender Amos Yee and money launderer Lim Seok Pheng. Jing Emtage, 54, was sentenced in July last year to two years and two months in prison on seven counts of second-degree promoting prostitution across multiple Washington state massage parlours she ran with her husband, Gerald Emtage. Gerald Emtage, 49, was...
Shares of Singapore Exchange Ltd. slipped on Monday, extending a slump that’s erased about $4.2 billion in market value since an August peak on rising concern over lofty valuations.
Singapore is doing something about uncivilised behaviour on public buses. The city state has started enforcing new regulations that carry an immediate fine of up to S$500 (US$390) if you put your feet up on seats, play loud audio on your phone or make a nuisance of yourself in other ways such as eating, drinking and littering. This aligns with existing rules governing passenger conduct on Singapore’s MRT railway system. Did you know we have long had similar regulations for Hong Kong’s MTR...
The first apartment came up for auction and nobody moved. More than 60 people crowded into a room in Singapore to watch seven properties seized in one of the world’s biggest money-laundering cases go under the hammer. Their opening prices totalled more than S$43 million (US$33.6 million). But when bidding began for a luxury unit at Gramercy Park, an upscale condominium near the city state’s Orchard Road shopping district, not a single hand went up. Next came a 2,658 sq ft (247 square metres)...
Companies from the United States, Britain and Singapore have been among the leading sources of inbound foreign capital in Hong Kong so far this year, the city’s commerce minister has said, insisting that “money is money” despite geopolitical instability. In an exclusive, wide-ranging interview with the South China Morning Post, Secretary for Commerce and Economic Development Algernon Yau Ying-wah described 2026 as a very challenging year because of the geopolitical situation. Nevertheless, the...
Malaysia’s capital topped a global pollution ranking on Wednesday and nearby Singapore came in third, with smoke from wildfires in neighbouring Indonesia blamed for the unhealthy conditions. A milky haze has shrouded the cities for more than a month as smoke drifted from fires on Borneo and Sumatra islands. Kuala Lumpur was the world’s most polluted major city early on Wednesday, according to Swiss monitor IQAir, with an Air Quality Index (AQI) reading of 166. Singapore ranked third at 155. The...
Singaporean state-owned investor Temasek Holdings is expanding its operations across the Middle East, opening new offices in Saudi Arabia and the United Arab Emirates from 2027 as it ramps up investments across the region.
A 30-year-old man was charged on Tuesday over an AI-generated image of a crocodile at Pandan Reservoir in Singapore that prompted authorities to search for the reptile and suspend water activities there. Ye Lin, a Myanmar national, was handed two charges – one count of communicating a false message and one count of obstructing the course of justice. Speaking through an interpreter, he told the court that he intended to plead guilty, and would not be engaging a lawyer. On August 20, Ye Lin...