Singapore Exchange (SGX)

SGX: Singapore’s Stock Market Surges as IPO Activity Revives, Driven by Regional Demand, Easing Interest-Rate Expectations, and Investor Confidence

Singapore’s stock market is showing renewed momentum, buoyed by expectations of easing interest rates, robust regional demand for capital, and a growing pipeline of companies seeking to list on the Singapore Exchange (SGX). Analysts say the resurgence in investor confidence...
Venezuela

Singapore Expresses Deep Concern Over U.S. “Foreign Intervention” in Venezuela, Calls for Respect of UN Charter

Singapore has voiced deep concern over the United States’ dramatic intervention in Venezuela on Saturday (Jan. 3), urging all parties to exercise restraint amid escalating tensions in the Latin American nation. The intervention, executed in a pre-dawn operation, saw U.S....
RSS Impeccable, one of Singapore Navy's German-built Type 218SG submarines, during its commissioning ceremony. (Picture source: Singapore Navy)

Singapore Expands Naval Fleet with Order for Two Additional Type 218SG Submarines from Germany’s Thyssenkrupp Marine Systems

Singapore's Ministry of Defence (MINDEF) announced the acquisition of two additional Invincible-class submarines from German shipbuilder thyssenkrupp Marine Systems (tkMS). This procurement will expand the Republic of Singapore Navy's (RSN) fleet of these advanced submarines to six, with the new...
Jeju Air crash

Jeju Air crash: No Similar Concrete Structures at Singapore Airports, Says Transport Minister After Jeju Air Crash

In a recent parliamentary session, Transport Minister Chee Hong Tat assured that Singapore’s airports do not have concrete structures near runways similar to the one involved in the tragic Jeju Air crash on December 29. The incident, which took place...
Singapore

Singapore Oil Magnate Faces Sentencing in Landmark Fraud Case

The founder of one of Asia’s largest oil trading firms, Lim Oon Kuin, better known as O.K. Lim, is set to be sentenced today in what has been described as one of Singapore's most severe fraud cases. Lim, the former...
Asia-Pacific Economic Cooperation (APEC)

Singapore Offers to Host 2030 APEC Summit: Strengthening Regional Economic Cooperation

Singapore has officially offered to host the Asia-Pacific Economic Cooperation (APEC) Summit in 2030, Prime Minister Lawrence Wong announced at the conclusion of this year’s summit in Lima, Peru. This marks a significant step in Singapore’s commitment to fostering economic...
Singapore-Malaysia Border

Record-Breaking Cross-Border Traffic Between Singapore and Malaysia Sees Over 543,000 Travellers in a Day

More than 543,000 travelers crossed the Singapore-Malaysia land border on September 6, marking a record-breaking single-day figure, according to a statement from Singapore's Immigration and Checkpoints Authority (ICA) on Monday. This new milestone was achieved during Singapore’s September school holidays,...
Singapore

US Sanctions Five Singapore-Based Firms for Supporting Russia’s War Effort in Ukraine

In a significant escalation of sanctions aimed at curbing Russia’s military capability, the United States has imposed punitive measures on five Singapore-based companies for allegedly assisting Moscow’s operations in the ongoing Ukraine conflict. Announced on Wednesday (Oct 30) by the...
Singapore Airlines-A380

Singapore Airlines Flight to Tokyo Diverted to Taipei Due to Mid-Flight Windshield Crack

In an unexpected mid-flight incident, a Singapore Airlines (SIA) flight bound for Tokyo’s Haneda Airport had to be diverted to Taiwan's Taoyuan International Airport after a crack was discovered in the aircraft's windshield. Flight SQ636, carrying 249 passengers and 17...
Subramanian Iswaran, Singapore

Singapore’s ex-Minister Subramanian Iswaran Sentenced to 12 Months in High-Profile Corruption Case

Singapore's image of incorruptibility, Subramanian Iswaran, a senior cabinet minister, was sentenced to 12 months in prison for accepting gifts valued at over S$403,000 (US$311,882; £234,586) and obstructing the course of justice. The 62-year-old, once seen as a stalwart of...
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