Singapore

X-Press Feeders' first dual-fuel ship, powered by green methanol and diesel, is being equipped for its maiden journey at a Shanghai shipyard. (X-Press Feeders)
Transportation

First China-built biomethanol ship aims to set sail in Q2

Shift to green shipping fuel accelerates as Asia becomes construction hub

4 February 2024
By setting up an office in Singapore, Kobe is looking to gain access to the growing population and economies of Southeast Asia.
Politics

Singapore to host liaison office from Japan's Kobe

City near Osaka aims to support homegrown startups in Southeast Asia

3 February 2024
Located on Phuket's western coast, Banyan's Laguna Lakelands will see the start of construction later this year. The 6,000 units will sell for an average price of $325,000. (Photo by Hiroki Endo)
Property

Banyan to build largest luxury housing project in Phuket

Singapore resort operator launches $2bn residential brand as demand booms

1 February 2024
Rising Chinese electric vehicle maker BYD plans to roughly double its sales outlets in Singapore and the Philippines this year. (Photo by Dylan Loh)
Electric cars in China

Chinese EV leader BYD makes aggressive push in ASEAN

Tesla rival eyes doubling outlets in Singapore, Philippines after entering Indonesia

31 January 2024
Singtel is positioning the data center business as its next pillar of growth. (Source photos by Reuters)
Telecommunication

Singtel partners with Nvidia in AI data center push in ASEAN

Regional telecom giant sees strong demand across bloc and beyond

31 January 2024
Singapore Economic Development Board Managing Director Jacqueline Poh, left, and Chairman Png Cheong Boon speak to reporters on Jan. 30. (Photo by Tsubasa Suruga)
Economy

Singapore's investment pledges from U.S., China dropped in 2023

Total commitment falls 44% amid 'challenging' global environment

30 January 2024
Buildings in Singapore. Southeast Asian private equity and venture capital fund performance has worsened in recent years, though two recent reports outline a potentially bright future. (Photo by Hiroki Endo) 
DealStreetAsia

Southeast Asian funds seek opportunities after sub-par performance

Private equity and venture capital investors seen as waiting for more 'exit events'

29 January 2024
The Monetary Authority of Singapore's headquarters in Singapore.
Economy

Singapore keeps monetary policy tight as inflation persists

Central bank releases first decision under new quarterly schedule

29 January 2024
Infineon is opening up some space at its Singapore head office to tech startups in an attempt to attract more talent. (Photo by Cheng Ting-Fang)
Semiconductors

Europe's top chipmaker Infineon ramps up hiring in India and Vietnam

Tech suppliers' talent hunt comes amid boom in South and Southeast Asia

26 January 2024
InnoVen Capital is a joint venture between Seviora, a wholly owned subsidiary of Singapore state investor Temasek, and one of the city-state’s largest lenders, United Overseas Bank. (Source photos by Getty Images)
Startups

Temasek-backed venture debt vehicle launches China fund

InnoVen Capital raises $130m from Chinese local government agencies

26 January 2024
Using Aleta Planet's app, individuals and companies in Singapore can access all three of China's most popular payment platforms: Alipay, UnionPay and Weixin.
Finance

Singapore fintech partners with Alipay to meet holiday demand

Aleta Planet to tap China-bound remittance market despite city-state's partial ban

25 January 2024
Hong Kong authorities have approved the issuance of tokenized securities.
Opinion

Asia is leading the way with embrace of tokenized securities

Hong Kong takes stance that technology does not require different regulation

25 January 2024
The Singapore skyline. Venture capital firm Antler, based in the city state, manages more than eight funds and has made more than 1,140 investments to date globally.
DealStreetAsia

Singapore-based Antler to focus on more evolved startups in 2024

Venture capital firm to pour added funds into Southeast Asian seed rounds

23 January 2024
Scorpio Electric is preparing to launch its first model in countries such as Thailand, Indonesia, Vietnam and the Philippines this summer. (Photo by Dylan Loh)
Transportation

China's BYD helps Singapore startup in ASEAN e-motorbike race

Scorpio Electric eyes Indonesia, Thailand for sales of electric two-wheelers

22 January 2024
S. Iswaran, then Singapore's trade and industry minister, speaks during a news conference at the Singapore F1 Grand Prix night race on Sept. 15, 2017.
Politics

Singapore transport minister resigns following graft charges

Iswaran allegedly received tickets for Harry Potter show, Arsenal soccer game

18 January 2024
Bitcoin exchange traded funds were approved by the U.S. Securities and Exchange Commission in early January.
Cryptocurrencies

Singapore and Thailand keep bitcoin ETFs at arm's length

Financial regulators dampen market expectations for crypto-linked funds

17 January 2024
Malaysian Economy Minister Rafizi Ramli poses after an interview with Nikkei Asia in Kuala Lumpur on Jan. 8. (Photo by Norman Goh)
Interview

Malaysia wants to make Johor 'new engine of growth'

Economy minister hopes special economic zone with Singapore boosts tech, renewables

12 January 2024
Malaysian economy minister Rafizi Ramli, center right, and Singaporean trade minister Gan Kim Yong, center left, exchange documents in a signing ceremony in Johor on Jan. 11. (Photo by Norman Goh)
International relations

Singapore and Malaysia to launch QR code border clearance

Neighbors sign agreement on Johor economic zone to boost growth

11 January 2024
Under a new law, buyers into designated entities in Singapore would have to notify authorities if becoming a 5% shareholder, and seek approval before taking up 12% or more. (Photo by Ken Kobayashi)
Politics

Singapore passes bill to vet company buyouts for national security

Government to disclose list of 'designated entities' when law takes effect

9 January 2024
With a population of 4 million, Johor has been trying to develop new areas of the economy over the past two decades. (Nikkei montage/Getty Images)
Market Spotlight

Johor projects push Malaysia's lesser-known stocks to new heights

Southern state's economic zone with Singapore boosts developers, tech companies

8 January 2024
Solar panels atop public housing in Singapore: The city-state is positioning itself as a regional leader in strengthening energy security.
Opinion

Singapore can show the way toward higher energy efficiency

Smart management key for building greater resilience and advancing decarbonization

4 January 2024
Singapore's government anticipates economic growth this year will be driven by exports, particularly of semiconductors. (Photo by Fumito Akiyama)
Economy

Singapore's GDP growth slows to 1.2% in 2023

City-state expects 1%-3% expansion for 2024 as external demand to recover

2 January 2024
The IMF report said India now has a de facto "stabilized" exchange rate regime involving government intervention.
Markets

India and IMF clash over rupee stability

Report says intervention likely exceeded levels needed to address disorderly market

31 December 2023
Orchard Road in Singapore in November: While not as many Chinese tourists or moderate-spending locals are filling the boutiques, luxury brand shoppers have been active. (Photo by Hiroki Endo)
Economy

Singapore's Orchard Road loses Chinese tourists, midrange spenders

Indian visitors surprise local business group by showing up in large numbers

30 December 2023
Watami has seven Japanese restaurants in Singapore. (Photo by Kosuke Imamura)
Business deals

Japanese restaurant group Watami to buy Singapore's Leader Food

Tokyo-based company picks Chinese restaurant supplier as 1st overseas acquisition

30 December 2023