Singapore

A mobile e-payment logo for Grab at a street food stall in Ho Chi Minh City: Changes in retail banking can move slowly at first and then all at once.
Opinion

Southeast Asia's digital banks are a nascent but potent force

Incumbents must recognize need to follow consumers into online spaces

27 October 2022
Alice, an all-electric airplane designed and built by Eviation, takes off in Moses Lake, Washington, for its first flight on Sept. 27: The aviation industry has to innovate. (Handout photo from Eviation)
Opinion

Electric planes can carry aviation toward carbon zero

Battery technology readier for short-range flights than hydrogen

27 October 2022
The Monetary Authority of Singapore is moving beyond the scrutinizing of crypto companies to limiting the ways retail investors can partake in trading.
Cryptocurrencies

Singapore proposes ban on crypto credit to rein in token trading

Financial regulator issues framework to tighten digital assets oversight

26 October 2022
Itochu hopes to create new business opportunities by expanding its ammonia supply network.
Environment

Itochu looks to supply ammonia to aid Singapore's zero-carbon push

Trading company to work with EDF and Tuas Power to produce the green fuel

26 October 2022
Thai Air Asia's reservations for flights to Japan are on the rise ahead of the holiday season.
Travel & Leisure

Thailand, Singapore tourists jump in line as Japan opens borders

Southeast Asia travel industry eyes recovery with weak yen fueling strong demand

26 October 2022
Infineon employees input jobs on an automated guided vehicle, which allows flexibility in transporting materials around the factory floor: Singapore's exploitation of robots offers lessons for the world.
Opinion

Robots have made Singapore a modern manufacturing success

Long-term strategic planning vital for preserving industrial economy

24 October 2022
A GrabKitchen site in Singapore. (Photo by Kentaro Iwamoto)
DealStreetAsia

Grab to close cloud kitchen services in Indonesia

Company says 'tough step' will help ensure 'continuity' of its other businesses

24 October 2022
Adyen's focus on Asia comes as payment demand in the region expands on the back of digitization. (Source photos by Tsubasa Suruga) 
Technology

Dutch payment giant Adyen to push further into Asia

Fintech company to boost hiring, add licenses in fastest-growing market

22 October 2022
A Singapore exchange-traded fund will give domestic investors exposure to one of China's main tech bourses.
Markets

Singapore ETF link to Shenzhen to debut next month

Mainland Chinese investors seen as keen to diversify assets offshore

21 October 2022
“Futu, from day one, has always focused on outside of China market development,” CEO Leaf Li told Nikkei Asia. (Nikkei montage/Dylan Loh)
Finance

Tencent-backed Futu eyes new Asian markets outside China

Online broker's CEO Li explores options for dual listing, crypto offerings

21 October 2022
Cariuma offers direct-to-consumer sneakers made from natural materials. (Source photo from Cariuma Facebook page)
DealStreetAsia

Singapore-based sneaker brand Cariuma steps up funding

Direct-to-consumer shoe retailer raises about $16.5m

21 October 2022
Prime Minister of Singapore Lee Hsien Loong and Australian Prime Minister Anthony Albanese meet at Parliament House in Canberra on Oct. 18.
International relations

In skeptical Australia, Singapore PM says China 'good' for CPTPP

Lee and Albanese seal green deal to seize opportunities in clean energy

18 October 2022
On special Pokemon-themed flights, the Pikachu character can be found everywhere. Redecorating the exterior of the plane is estimated to have cost 100 million yen. (Photo courtesy of Scoot)
Travel & Leisure

Singapore's Scoot counts on Pikachu Jet for recovery

Low-cost carrier increases flights to Japan and Taiwan to cover China loss

15 October 2022
A demonstration kitchen at IFF's Singapore base. (Photo courtesy of Business Wire)
Food & Beverage

Singapore hosts huge R&D center for U.S. food additive giant IFF

Maker of flavors and scents aims to taste success amid region's economic growth

15 October 2022
Singaporean authorities are attempting to keep inflation in check.
Economy

Singapore tightens monetary policy again; Q3 GDP up 4.4%

Fifth round of tightening in a year aims to counter persistent inflation

14 October 2022
Chinese President Xi Jinping during a visit to Australia in 2014. The president's first mistake may have been to abandon the approach of 'hiding your claws and biding your time.'
Interview

Xi's China has made 3 foreign policy mistakes: Bilahari Kausikan

Former top Singapore diplomat says Beijing has miscalculated America's decline

12 October 2022
A Nikkei Asia article entitled 'Asia's new food frontier' won an Orb prize for its coverage of the rise of edible technology, and included tastings of lab-cultivated meat and an exploration of 3D-printed food.
Announcements

Nikkei Asia wins award for regional food crisis coverage

SGX prize honors visually-rich piece on rise of edible food technologies

7 October 2022
India's Euler Motors makes three-wheeled EV cargo vehicles like the one pictured above. (Image from Euler Motors Facebook page)
DealStreetAsia

Singapore's GIC leads $60m funding for Indian EV maker Euler

Company aims to have 5,000 three-wheelers on the road by FY 2023

5 October 2022
ShopBack is looking to expand into more markets. (Screenshot from ShopBack website)
DealStreetAsia

Singapore cashback platform ShopBack gets $80m from Temasek arm

Company offers shopper rewards for Foodpanda, Dyson and others

4 October 2022
A competition for the best of the best workers is heating up across Asia, as governments and companies seek the talent they need to accelerate growth in the wake of COVID-19.
Asia Insight

From Singapore to Thailand, Asia dangles visas to lure high-fliers

New programs kick off as companies struggle to find skilled workers

4 October 2022
Australia-based Investible says it has put money into eight startups focused on decarbonization across sectors such as logistics and agriculture. (Source photos by AP and screenshot from Investible's website) 
DealStreetAsia

Australia's Investible eyes 'novel tech' for climate fund

Has invested in companies including an electric-aircraft motor startup

30 September 2022
Singapore is buzzing this week as F1 racing returns for the first time since 2019. (File photo by EPA/Jiji) 
Economy

F1's return gives Singapore pole over Hong Kong in 'MICE' race

Competition to host meetings and events heats up as COVID barriers come down

30 September 2022
Tan Son Nhat Airport near Ho Chi Minh City will break ground soon on a $460 million expansion that will boost capacity by 80%.
Transportation

Airport projects in Thailand, Singapore resume after COVID hiatus

Despite traffic recovery, scale of expansion raises concerns about capacity glut

30 September 2022
The acquisition is expected to boost earnings per share for SATS by 78%.
Business deals

Singapore's SATS to buy major air cargo handler in $1.1bn deal

Worldwide Flight Services purchase expands operations to more than 20 countries

29 September 2022
Singapore-based Affirma Capital says it oversees more than $3.5 billion in assets, investing in buyout and growth opportunities across emerging markets in Asia, Africa and the Middle East. (Source images by Akira Kodaka and from Affirma Capital website)
DealStreetAsia

Singapore's Affirma targets first Southeast Asia-focused fund

Sources say investment vehicle would also cover India

28 September 2022