“The idea of putting physical metal in a safe jurisdiction like Singapore with parties they can trust is becoming a big trend nowadays,” says Gregor Gregersen, founder of The Reserve. Alessia Pierdomenico | Bloomberg | Getty Images The ultra-wealthy are increasingly moving their gold offshore as economic and geopolitical uncertainty roils markets — and Singapore…
Getty Images Singapore PM Lawrence Wong became the PAP party leader last year Singapore’s ruling People’s Action Party (PAP) has won by a landslide in an election dominated by concerns over the cost of living and the country’s future economic stability. Led by Prime Minister Lawrence Wong in his first election since he became party…
Singapore’s Raffles Place at lunchtime. Roslan Rahman | Afp | Getty Images Singapore’s inflation in March stayed at over four-year lows, with the city-state’s consumer price index climbing 0.9%, year on year. Singapore’s monetary authority said increases in the costs of food and private transport in March mainly contributed to the headline inflation. March inflation…
DBS Bank tops LinkedIn’s 2025 Top Companies in Singapore list. Lim Weixiang – Zeitgeist Photos | E+ | Getty Images The technology, banking and consulting industries dominated LinkedIn’s 2025 Top Companies in Singapore list published this month, which ranks the best workplaces for career growth in the city-state. The networking giant tracked and assessed companies…
Marc Benioff, Chairman & CEO of Salesforce, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Salesforce on Wednesday announced plans to invest $1 billion in Singapore over the next five years. The cloud software giant said the investment is designed to accelerate the…
A mural depicting Samsui women in Chinatown in Singapore. Edwin Koo | Getty Images From listening devices that detect falls to “patient sitter” systems in hospitals and robots helping with exercise in care homes, Singapore is looking to artificial intelligence to help manage the health of its elderly population. By 2030, a quarter of Singaporeans…
Buildings in Singapore, on Monday, Feb. 17, 2025. Bloomberg | Bloomberg | Getty Images Singapore’s inflation climbed by its lowest rate since February 2021, increasing 1.2% year on year in January, down from a revised 1.5% in December. This is the first key piece of economic data since Singapore unveiled its 2025 budget on Feb….
Gan Kim Yong, Singapore’s deputy prime minister, during a panel session, at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2025. The annual Davos gathering of political leaders, top executives and celebrities runs from January 20 to 24. Bloomberg | Bloomberg | Getty Images Singapore will likely see only a “limited”…
Singapore’s Ministry of Trade and Industry (MTI) said in a statement Saturday that it expects U.S. companies to comply with U.S. export controls and local laws, following questions over the chips used by China’s DeepSeek to produce its AI model. Markets were rocked this week after DeepSeek claimed its large language model outperforms OpenAI’s but…
Jetstar Asia will launch direct flights linking Singapore to Labuan Bajo, the Indonesian town considered the “gateway” to Komodo National Park, the company said. The park, a UNESCO Heritage Site inscribed in 1991, is home to several thousand Komodo dragons, the largest species of lizard in the world, according to UNESCO. Komodo National Park is…
