Singapore

U.S. semiconductor giant GlobalFoundries will invest over $4 billion in its Singapore plant, increasing its capacity to about 1.5 million wafers per year.
Semiconductors

Singapore plays catch-up with Taiwan as chip investments soar

City-state gains from supply chain diversification drive but lags Asian peers

11 August 2021
National Museum of Singapore is lit up in red and white during the celebration of Singapore's upcoming 56th birthday in Singapore on Aug.9.
Your Week in Asia

Singapore vaccination target, Krafton IPO and Toshiba earnings

Your weekly lineup of Asia's biggest business and political events

8 August 2021
Singapore says it will have roughly 70% of its population fully vaccinated by Aug. 9, its National Day.
Coronavirus

Singapore to ease border and other COVID rules as shots reach 70%

Officials draw line between jabbed and not jabbed while warming to Chinese vaccines

6 August 2021
Singapore's central bank is allowing United Overseas Bank, DBS and Oversea-Chinese Banking Corp to pay out higher dividends.
Finance

Singapore's DBS hikes payouts as other lenders reel from COVID

Central banks in the city-state and Thailand ease guidance on dividends

5 August 2021
ESR will partly fund its takeover of ARA by selling shares to Sumitomo Mitsui Banking Corp. (Courtesy ESR Cayman) 
Property

Hong Kong property group ESR to buy rival ARA for $5.2bn

Deal poised to create world's third-biggest real estate manager

5 August 2021
India's Zomato listed its shares last month and Indonesia's Bukalapak is set to list on the Indonesia Stock Exchange on Aug. 6. (Source photos by Reuters)
Comment

Asian tech startups drawing looks from hungry investors

Unicorns need cash to take on well-financed rivals over next several years

5 August 2021
Grab drivers in Jakarta: The company's gross merchandise value increased for the quarter ended March on rising demand for food and grocery delivery services. (Photo by Ken Kobayashi)
Startups

Grab says 'on track' to close SPAC deal by end of 2021

Singapore tech group reports $652m loss for Q1 ahead of US listing

2 August 2021
The ASEAN Secretariat in Jakarta: The bloc is set for a busy week of diplomatic meetings.
International relations

ASEAN struggles to end Myanmar impasse as week of meetings begins

Series of key diplomatic talks also includes US, China and North Korea

2 August 2021
Masayoshi Son, chairman and CEO of SoftBank Group, is stepping up investment in artificial intelligence-related startups.
Startups

SoftBank zeroes in on Southeast Asia in search of next Grab

Tech group aims to replicate success of investment in Singapore ride-hailer

2 August 2021
Nature's Fynd's products are made by fermenting a fungi first discovered in the geothermal springs of Yellowstone National Park in the US. (Screenshot from Nature's Fynd's website)
DealStreetAsia

US alt protein maker Nature's Fynd plans facility in Singapore by 2023

With first Asia plant company has set sights on the biggest markets in China and India

1 August 2021
Philippine weightlifter Hidilyn Diaz celebrates after a lift at the Tokyo Olympics. She won the country's first-ever Olympic gold medal.
31 July 2021
North Korea is the subject of United Nations and other international sanctions over its nuclear weapons and ballistic missile programs. The sanctions restrict its imports of oil and other items.
31 July 2021
The visit to Southeast Asia will be U.S. Vice President Kamala Harris's second trip overseas in the post.
International relations

Harris to visit Singapore and Vietnam as US courts Southeast Asia

August trip by VP follows Defense Secretary Austin's tour to underscore engagement

31 July 2021
SIA managed to cushion some of the devasting effects of the pandemic on the travel industry by removing seats from some aircraft to allow the transport of cargo.
Transportation

Singapore Airlines grapples with delta variant as COVID losses persist

SIA kicks off second fiscal year under pandemic pressures with $302 million net loss

29 July 2021
The Merlion Statue in Singapore.
Opinion

Singapore says commentary on KTV outbreak is full of inaccuracies

Country's Ministry of Home Affairs responds to Nikkei Asia article

29 July 2021
U.S. Secretary of Defense Lloyd Austin delivered the 40th Fullerton Lecture to Singapore's International Institute for Strategic Studies.
International relations

Transcript: US Defense Secretary Austin's speech in Singapore

Address calls for ASEAN cooperation on 'stronger rules-based international order'

27 July 2021
U.S. Secretary of Defense Lloyd Austin: He is on a Southeast Asia tour that includes Singapore, Vietnam and the Philippines.
International relations

Austin in Singapore: US seeks no China fight but 'will not flinch'

Defense secretary rebukes Beijing over South China Sea, Taiwan and Uyghurs

27 July 2021
People walk past a deserted food court in Singapore: The city-state recently tightened social distancing requirements following a flare-up of COVID-19 cases.
Coronavirus

Singapore eyes September border easing once vaccine rate hits 80%

City-state considers swapping two-week isolation with 'rigorous testing regime'

26 July 2021
Singapore sovereign wealth fund GIC has achieved its best performance since fiscal year 2015.
Finance

Singapore's GIC leans more on private markets as returns rise

Sovereign wealth fund posts best performance since 2015 amid cautious optimism

23 July 2021
KTVs are not just playgrounds for the rich.
23 July 2021
Cleaners disinfect a food center in Singapore after a hawker tested positive for COVID-19 last month.
Coronavirus

Singapore holds out hope for coexisting with COVID as cases rise

Restored rules buy time for vaccines while daily community cases top 100

22 July 2021
Hyflux's liquidation has been approved, allowing judicial managers to start selling the company's remaining assets, though investors are likely to get little. (Photo by Weixian Lim)
Startups

What liquidation of Singapore's Hyflux can teach entrepreneurs

Once-brilliant startup's failure screams 'hire good managers early'

21 July 2021
U.S. Defense Secretary Lloyd Austin will soon travel to Singapore, Vietnam and the Philippines in the first visit to Southeast Asia by a top member of the Biden administration. (Photo courtesy of the U.S. Department of Defense)
Indo-Pacific

US defense chief Austin to visit Singapore, Vietnam, Philippines

Washington seeks coordinated approach to Beijing in South China Sea

20 July 2021
The welfare and pay of gig economy drivers have come to the fore as companies focus on ESG.(Photo by Ken Kobayashi) 
Climate Change

Grab and Gojek commit to 'carbon zero' ahead of public listing

ASEAN tech startups embrace ESG factors amid growing pressure

19 July 2021
Rudra in 2013: from left, Kathir, Simon, Vinod and Shiva. “We came up with the term Vedic metal because [the genre] fuses ancient Indian philosophy and music, especially folk-traditional and classical, with extreme metal,” said Kathir, Rudra’s singer and bass player. (Courtesy of Rudra)
Arts

Southeast Asian Vedic heavy metal rocks China's extreme music scene

Beijing label resurrects Singaporean band Rudra's genre-shaping early albums

16 July 2021