Megmilk Snow Brand will add Thailand to the list of Asian markets where its long-life milk products are sold. 
Food & Beverage

Japan dairy companies bet on Asia exports as demand slows at home

Megmilk targets Thailand while Yotsuba Milk seeks higher Singapore sales

18 July 2023
Singapore has narrowly avoided a technical recession, with its economy growing 0.7% in the second quarter.
Economy

Singapore's Q2 GDP up 0.7% as expansion remains tepid

City-state avoids technical recession amid weak external demand

14 July 2023
The history of horse racing in Singapore, which has endured for over a century, will come to an end with the Turf Club's last race in October next year.
Business Spotlight

Land development spells the end of horse racing in Singapore

Property squeeze in city-state shutters Turf Club after a century of operations

7 July 2023
Container terminals in Singapore. The city-state's economy is highly sensitive to external economic conditions. 
Economy

Singapore, Indonesia outlook downgraded on weak China: JCER

Political instability emerges as top concern in Thailand post-election

2 July 2023
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Most read in 2023

Singapore senior minister's presidential bid signals shift in ruling party

Tharman's candidacy leaves 'huge hole' in PM Lee's cabinet, says expert

29 June 2023
Scorching conditions from the El Nino weather pattern are expected to crimp production at palm oil plantations like this one in Indonesia's East Kalimantan province. 
Economy

From Indonesia to Vietnam, El Nino fans fears of fires and drought

Returning climate pattern set to hit key crops as well as industrial sector

23 June 2023
The Bangkok skyline. Thailand is 52nd on the startup ecosystem scale, according to one ranking.
Startups

Thailand aims to duplicate Singapore model for startups

Capital gains tax breaks begin to attract investor funds to nascent industry

15 June 2023
Indonesian President Joko Widodo speaks at a conference in Singapore on June 7, touting investment opportunities in the country's capital relocation project. (Photo by Tsubasa Suruga)
Politics

Jokowi stresses Nusantara continuity under next president

Indonesian leader calls for funding new capital as investors voice concerns

7 June 2023
Singapore's post-COVID performance reveals a spotty recovery from the pandemic.
Economy

Singapore logs 0.4% GDP growth amid stresses on global finance

City-state maintains 2023 growth outlook at 0.5% to 2.5%

25 May 2023
Singapore Deputy Prime Minister Lawrence Wong. (Photo courtesy of Singapore's Ministry of Finance)
Interview

Singapore to 'significantly enhance' airport, seaport capacity: Wong

PM heir apparent calls multilateral trade 'critical' amid supply chain disruptions

24 May 2023
Leaders of ASEAN countries pose for photos during the opening of the 42nd ASEAN Summit in Labuan Bajo, Indonesia on May 10.
Economy

ASEAN's patchy economic growth suggests long road to recovery

At regional summit, leaders discuss how to push bloc past COVID pains

10 May 2023
South Korea's Pohang University of Science and Technology wants to become a "metaversity" with digital classrooms.
Education

Metaverse education blossoms in South Korea, Japan, Taiwan

Teaching taps VR even as emerging tech's mass adoption remains in doubt

8 May 2023
HSBC's research unit last month in a report flagged "pockets of vulnerabilities" within lenders in the ASEAN.
Finance

ASEAN banks squeezed between credit risks and interest dynamics

Largely spared Western peers' woes, Southeast Asian lenders still face obstacles

5 May 2023
The Singaporean government on April 26 announced tax increases on the purchase of residential property as it tries to cool a market heated up by the easing of the COVID-19 pandemic.
Property

Singapore doubles tax for foreigners' home purchases

City-state raises duty to 60% from 30% to cool hot real estate market

27 April 2023
Singapore's tourism sector has benefited from economic reopening but the manufacturing sector faces weaker demand from major trading partners.
Economy

Singapore pauses monetary tightening as Q1 growth slows to 0.1%

Central bank keeps policy unchanged for first time in 2 years

14 April 2023
Singapore's central business district. The city-state's new work visa scheme is expected to affect many multinationals.
Work

Singapore favors AI, alternative food talent in new visa scheme

Analysts say upcoming point-based criteria makes companies rethink hiring

10 April 2023
A truck transports a container at a port in Shandong province, China. Economists expect exports of goods and services to China to support ASEAN economies.
Economy

Thai, Malaysian outlooks improve on tourism, China recovery: JCER

Economists say U.S. bank fallouts emerge as new concern for Asia

2 April 2023
Container ships at the Port of Felixstowe in England. CPTPP members have agreed on Britain's entry into the grouping.
Trade

U.K. accepted as 12th member of CPTPP trade bloc

Group aims to finalize first nonfounding member's accession in July

31 March 2023
Malaysian Prime Minister Anwar Ibrahim speaks at the Invest Malaysia conference in Kuala Lumpur on March 8. (Photo by Norman Goh)
Economy

Malaysia keen on resuming high-speed rail project with Singapore

Government also commits to $2.2m seed fund to advance goal of net-zero by 2050

8 March 2023
About 80% of Singaporeans live in public housing, and home prices are soaring.
Society

Singapore fertility rate hits new low, putting focus on housing prices

At 1.05 in 2022, demographic indicator is lower than Japan's

25 February 2023
A commercial building in Beijing that a CapitaLand fund has invested in will be remodeled into a luxury office building. (Photo courtesy of CapitaLand)
Property

Singapore's CapitaLand bets $1bn on China's real estate

State-backed firm targets commercial properties and data centers

24 February 2023
Singapore is looking to cushion inflation, among other priorities, with its next budget.
Economy

Singapore budget aims to cushion 'brutal' inflation with subsidies

Wary of deficit, city-state is also seeking to beef up its tax revenues

14 February 2023
Singapore faces weaker external demand amid slower growth in major trading partners.
Economy

Singapore cuts GDP growth for 2022 to 3.6% as demand sags

City-state keeps 0.5-2.5% forecast for 2023 amid global 'uncertainties'

13 February 2023
Vietnam's Prime Minister Pham Minh Chinh, left, meets with Singapore's Prime Minister Lee Hsien Loong at the Istana presidential office in Singapore on Feb. 9.
International relations

Vietnam PM Chinh seals green deals on Singapore visit

Neighbors align on renewable energy as Hanoi turmoil clouds prospects

9 February 2023
Business leaders exchange ideas on driving progress in private sector efforts to slow climate change at the Asia Green Tech Summit in Singapore on Feb. 8. (Photo by Ken Kobayashi) 
Climate Change

Green tech investments set up Asia for sustainable growth

Regional companies urge climate crisis collaboration at Nikkei-FT summit

8 February 2023