Singapore

Lazada has partnered with Alibaba in logistics and other areas. (Photo by Takashi Nakano)
China tech

Alibaba pumps $845m more into Lazada in battle with Shopee, TikTok

China e-commerce group faces rising Southeast Asia competition

21 July 2023
Grab expects its purchase of Singapore taxi operator Trans-cab to close in the October-December quarter. (Source photos by AP and Reuters) 
Transportation

Singapore's Grab to buy third-largest local taxi firm Trans-cab

Deal includes fleet of 2,500 vehicles, but price not disclosed

20 July 2023
Singapore's passport now world's most powerful, taking the top spot from Japan. (Source photos by AP and AFP/Jiji) 
Travel & Leisure

Singapore knocks Japan off top spot in passport power ranking

Citizens of city-state now have visa-free access to 192 destinations: report

19 July 2023
Steakholder sees similarities between Jewish kosher and Muslim halal dietary requirements. (Photo courtesy of company)
Food & Beverage

Israel's food tech upstarts eye ASEAN's Muslim countries

Indonesia, Malaysia offer halal gateway for Jewish state's companies

19 July 2023
Ares Management is active in the Asia-Pacific region across the credit, private equity, real estate and infrastructure asset classes, while Crescent Point Capital invests in private companies across Southeast Asia and China. (Source photo by Getty. Logos from Ares and Crescent Point websites)
DealStreetAsia

U.S. investor to acquire Singapore-based Crescent Point Capital

NYSE-listed Ares Management says transaction to aid CPC's growth

19 July 2023
Founded in 2014, Vertex Ventures HC has $550 million in assets under management and has invested in over 25 companies. (Source photo by Reuters and logo from Vertex Ventures HC website)
DealStreetAsia

Temasek-backed Vertex Ventures HC launches $200m fund

Women-led health care investment firm targeting early-stage companies

18 July 2023
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
A view of the Parliament House in Singapore. "My mistake raised broader questions over my neutrality," Tan Chuan-Jin writes in a letter to Prime Minister Lee Hsien Loong.
Politics

Singapore parliament speaker quits, adding pressure to ruling party

People's Action Party backlash grows as Tan Chuan-Jin admits to causing hurt

17 July 2023
Hundreds of thousands of fans are expected to attend Taylor Swift's concerts in Singapore next March.
Arts

Taylor Swift fever spotlights Singapore as Southeast Asia music hub

Fans from across region flock to city-state for shows by big-name artists

16 July 2023
S. Iswaran speaks during a news conference in 2017, when he was Singapore's trade and industry minister.
14 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
Singapore offers businesses and the foreigners who live, work and invest in the city-state an environment that is both safe and stable. 
Opinion

Singapore stands out as a global tech hub amid U.S.-China tensions

Favorable policies are drawing foreign talent and investment

14 July 2023
Temasek logged a one-year total shareholder return of minus 5.07% in Singapore dollar terms for the year through March, compared with a positive 5.81% annual return a year ago.
Companies

Singapore's Temasek reports $6bn loss as portfolio value shrinks

State investor says it will stay cautious amid bleak global conditions

11 July 2023
Vertex's master funds provide capital to its global network of more targeted funds that invest in specific regions or industries.
Startups

Temasek's VC arm Vertex raises $900m in first round of new fund

Development Bank of Japan and trading house Marubeni are among the investors

11 July 2023
Founded in 2017, Singapore-based Blue Planet helps companies and government bodies reduce their environmental footprint. (Source photo by AP and logo from Blue Planet website)
DealStreetAsia

Singapore waste management firm Blue Planet raises fresh funds

Mizuho Asia Partners-managed private equity vehicle provides $5m

11 July 2023
Delistings have outnumbered initial public offerings so far this year in Singapore. (Source photos by Akira Kodaka and Getty Images) 
Market Spotlight

Singapore lags rival Hong Kong in race for stock market listings

Exchange setbacks contrast with city-state's rise as wealth-management hub

10 July 2023
Global Capital Partners is affiliated with Singapore-based GLP, which owns, develops and operates logistics real estate, data centers, renewable energy and related technologies in 17 countries. (Source photos by AP and screenshot from GLP Capital Partners' website)
DealStreetAsia

GLP Capital Partners closes China Income Fund VIII at nearly $360m

Business has about $58bn in assets under management in the country

7 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
Business regulators in Singapore are seeking to close a gap in climate reporting requirements in the city-state, extending them to unlisted companies, in addition to listed ones.
Climate Change

Singapore to require climate reporting by unlisted companies

Business regulators propose more disclosures for privately held concerns

6 July 2023
The van has a range of 500 kilometers, reach a speed of 44 kph and transport up to 1 tonne of cargo. (Photo by Fumika Sato)
Automobiles

Singapore's Spectronik eyes hydrogen vans for commercial fleets

Fuel cell maker prepares trial as it seeks applications beyond drones

6 July 2023
The author leaves Bangkok by train, beginning his 1,800-kilometer journey to Singapore. (All photos by Andrew Benfield)
Tea Leaves

Can Europe's 'flight shaming' movement work in Asia?

It may be (much) slower but train travel gives a lot more back

5 July 2023
Deepmedia founder and CEO Rijul Gupta says the startup is in talks with "multiple Asian governments" regarding its deepfake-hunting technology. (Source photo by AP and logo from Deepmedia's website)
Technology

Deepfake-spotting startup eyes Asian government clients

Deepmedia CEO Rijul Gupta says concerns over fake online content are growing

4 July 2023
Cryptocurrency companies are coming under tighter scrutiny in Singapore.
Cryptocurrencies

Singapore tells crypto companies to put assets in trust

City-state moves ahead with plans to protect consumers despite appeal by Binance

3 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
A low-power "zero G" tracking sensor from UnaBiz and co-CEO Henri Bong. The startup acquired its French parent Sigfox after the parent filed for bankruptcy in 2022. (Photos courtesy of UnaBiz)
Startups

Singapore's UnaBiz looks to raise $100m for tracking sensors

Startup targets Japan for expansion after success in other countries

30 June 2023