Singapore

Commuters in Mumbai: India is likely to see pay increases average 9.2% this year, according to one survey.
Economy

From India to Indonesia, wages to rise faster alongside inflation

Studies find Asian employers ready to pay more after COVID pain

13 March 2022
A Singapore Airlines plane at the Singapore Airshow in February: The city-state this week announced a package worth 500 million Singapore dollars to support its aviation sector.
Coronavirus

Singapore weighs air hub reopening as Malaysia charges ahead

City-state plows millions into restoring aviation but remains cautious about border

11 March 2022
Cryptocurrency players in Singapore are keen to show they are abiding by the city-state's financial sanctions on Russia. (Source photos by AP) 
Cryptocurrencies

Singapore's Russia sanctions pile pressure on crypto players

Digital asset platforms scour transactions as Ukraine war enters third week

10 March 2022
The Airbus A350F offers improved operating and fuel efficiency. (Image courtesy of Airbus)
Transportation

Airbus and Boeing train sights on Asia with hopes of market rebound

Contract flexibility and new plane debut underscore industry ready for long-term boom

8 March 2022
Prime Minister Lee Hsien Loong has led Singapore for 17 years. The next leader faces the task of steering the city-state to steady growth in an unstable world.
Asia Insight

Singapore's succession: COVID and war raise stakes in PM search

City-state seeks a new economic path, and its next leader, amid global crises

8 March 2022
Singapore has announced details of its sanctions on Russia -- aligning itself with many other countries.
Ukraine war

Singapore sanctions 4 Russian banks, blocks crypto loophole

Asia financial hub calls Ukraine invasion 'clear violation of international law'

5 March 2022
A wheat field near Kyiv. Ukraine and Russia are both major producers of grains and vegetable oil.
Ukraine war

Southeast Asian companies brace for impact from Ukraine invasion

From Phuket tourism to food prices, Russian sanctions expected to hit hard

5 March 2022
A GrabFood rider in Kuala Lumpur. Grab aims to start a digital banking business in Singapore and continue pursuing opportunities in on-demand delivery.
Startups

Grab reports $1bn loss in Q4 on heavy incentive spending

Singapore tech group's first results since U.S. listing come as shares slump

4 March 2022
From period poverty to menopause, women's health issues have historically been sidelined by the medical industry. Ahead of International Women's Day, we take a look at some of Asia's femtech startups that are addressing women's unmet health care needs. 
The Big Story

Asia's femtech revolution: the quest for better women's health

Underserved by mainstream health care, women from India to Japan turn to technology

2 March 2022
The area near the regional administration building, which city officials said was hit by a missile attack, in central Kharkiv, Ukraine, on Mar. 1: ASEAN cannot afford to remain silent.
Opinion

ASEAN needs to uphold principles, not neutrality, in Ukraine war

Singapore has shown bold action can advance a country's national interests

2 March 2022
India reportedly banned Sea's Free Fire app, one of the most downloaded smartphone games in the world. (Photo courtesy of Sea) 
Startups

Singapore's Sea expects 'headwind' after COVID-driven boom

New York-listed group reports wider loss in Q4

2 March 2022
Supporters of Ukraine protest outside the Russian Embassy in Kuala Lumpur on Feb. 28. Malaysia has had a muted response to the war so far.
Ukraine war

Sanctions vs. caution: How the Ukraine war has divided Asia

Japan, Singapore take firm stands as most of ASEAN, India avoid slamming Moscow

1 March 2022
Oil refineries near Singapore port terminals in 2013: The city-state's plan to significantly raise its carbon tax is making waves.
Climate Change

Singapore carbon tax gallops ahead of Japan and Indonesia levies

Heavy polluters face high costs as city-state sets 'bold' new tone for Asia

26 February 2022
ASEAN is caught between Russian President Vladimir Putin, left, and Ukraine President Volodymyr Zelenskyy. Opinions within the block vary, but the conflict's effects will be felt by all. (Source photos by AP)
Ukraine war

ASEAN faces fallout from Russian invasion of Ukraine

Conflict to increase food prices, experts warn; responses from bloc members vary

25 February 2022
Russia's invasion of Ukraine could have serious consequences for companies and consumers across Asia. (Source photos by Reuters)
Ukraine war

How Russia's Ukraine attack affects Asian business: 5 things to know

From energy to airlines to IT, companies feel impact amid COVID recovery

25 February 2022
Taiwanese chipmaker UMC is expanding its production capacity in Singapore to serve existing clients.  
Semiconductors

Taiwan's UMC to build $5bn chip plant in Singapore

Plan comes as industry rushes to expand production amid supply crunch

24 February 2022
Southeast Asia's biggest banks, all based in Singapore, are hoping the worst effects of the coronavirus pandemic are behind them.
Finance

From ASEAN to Taiwan, Singapore banks tap Asia growth post-COVID

Southeast Asia's largest lenders snapping up Citi's assets as profits surge

23 February 2022
Singaporeans will have to pay more when they shop, with the GST set to rise to 8% next year and 9% in 2024.
Economy

Singapore commits to raising GST in 2023 amid inflation

Income tax also headed higher as aging population, COVID hit public finances

18 February 2022
Tourists in the early days of the pandemic: The government plans to soon increase its quota for vaccinated travelers, and eventually open up to all countries.
Economy

Singapore gears up for wider reopening despite record COVID cases

City-state keeps 3-5% GDP target as boosters cover 64%, most infections mild

17 February 2022
Singapore-based digital lending startup Funding Societies operates in Singapore, Thailand, Malaysia and Vietnam, as well as in Indonesia under the brand Modalku. (Source photos by Reuters and courtesy of Funding Societies) 
Startups

SoftBank leads $144m investment in Singapore lending startup

Funding Societies to expand operations to Philippines in 12 months

16 February 2022
Next Gen Foods will use a portion of the new funds to speed distribution of its alternative meat product in the U.S. (Photo courtesy of the company)
DealStreetAsia

Singapore alternative meat startup raises $100m in Series A round

Next Gen Foods looks to expand into China and Brazil after U.S. push

16 February 2022
Moderna, which developed one of the main COVID-19 vaccines used worldwide, is looking to begin production in Asia. (Source photo by Akira Kodaka and Reuters)
Interview

Moderna taps Singapore, Hong Kong for COVID era expansion

Taiwan, Malaysia also picked; CEO Bancel eyes vaccine plants in Asia

16 February 2022
Suntory will begin exporting Japanese gin to other counties in Asia in April. (Photo courtesy of Suntory) 
Food & Beverage

Suntory takes shot at spirits market in India, Southeast Asia

Japanese distiller looks to region's growing middle class for growth

15 February 2022
The biennial Singapore Airshow kicked off on Feb. 15 with smaller-than-normal attendance due to pandemic travel restrictions, particularly in Asia. (Photo by Kentaro Iwamoto)
Aerospace & Defense Industries

Singapore Airshow kicks off as aviation industry hopes for recovery

Biennial event comes as Asia starts to reopen borders after COVID restrictions

15 February 2022
DBS had a "spectacular" 2021 but faces growing competition in the digital space. (Photo by Takaki Kashiwabara)
Finance

Singapore's DBS logs record profit despite online banking stumble

Southeast Asia's largest lender deals with regulator's wrath over service outage

14 February 2022