Singapore

Foreign investors eye China one again — but capital controls and policy risks keep them on edge
Lujiazui Business Districk in Pudong, Shanghai, China. Liqun Liu | Construction Photography | Hulton Archive | Getty Images SINGAPORE — As China seeks to entice back foreign capital amid dwindling inbound investment, global investors eyeing opportunities in the country remain wary of more fundamental constraints: Beijing’s iron grip on capital flows and lack of policy […]
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Private equity’s retail rush is alarming its institutional backers: ‘Bigger issues down the road’
SINGAPORE — For decades, private markets have been the preserve of pension funds, endowments and sovereign wealth giants. Now, that exclusivity is fading. More wealthy individuals are getting invited into a once-closed club reserved for long-term investments from large institutions — and that is ruffling feathers. The trend has been described by experts as the […]
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Singapore’s F1 race boosts tourism to the island — and other parts of Asia-Pacific
From $62,000 hotel suites to race packages with six-figure price tags, the Singapore Grand Prix is a windfall for businesses near the Marina Bay track. But the money isn’t staying in Singapore. Data shows travelers are also spending across Asia before and after the three-day Formula One race, which begins Friday. Flight bookings analyzed by […]
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Miracle under threat: South Korea’s birth rate collapse could undo decades of growth
In a photo taken on May 26, 2016 a mobility scooter sits parked before rice fields in Gunwi, some 200 kilometres south of Seoul. By 2030, a quarter of all South Koreans will be over 65 years old, and the overall population is expected to peak at around 52 million the same year before entering […]
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She tripled her income to $220,000 a year by leaving her 9 to 5 for fractional work: ‘I’m never going back to one boss’
Rachael De Foe, 31, works as a fractional head of communications. Courtesy of Rachael De Foe. In late 2019, Rachael De Foe was burnt out, so she took a leap of faith that many dream of but never do: she quit her nine-to-five job without anything lined up. The Singapore-native had spent the past few […]
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Dinner for nearly $15,000 — the cost of a meal with DBS bank CEO
Tan Su Shan is the CEO and director of DBS Group. Bloomberg | Bloomberg | Getty Images An evening with Tan Su Shan, CEO and director of DBS Group, was sold by auction house Sotheby’s on Saturday for 18,900 Singapore dollars ($14,790) to the winning bidder — more than double the pre-sale estimate of about SG$6,000 […]
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Airline bookings haven’t moved with the times. That’s about to change
In June, my children and I flew from Singapore to Texas to visit family. Several weeks later, we met up with my husband in New York City. Then I flew, solo, back to Asia, later followed by my husband. Eventually the kids returned with a set of grandparents in tow. All in, our summer trip […]
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This Asian data center hub is quietly grappling with the massive costs of AI: energy and water
The artificial intelligence boom has brought with it hundreds of billions of dollars in investments and promises of economic growth . But the infrastructure required is demanding massive amounts of energy and resources. One lesser-known example of that dilemma can be found in the southern tip of Malaysia, which has quietly become one of Southeast […]
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In one of the world’s most expensive cities, more workers are living paycheck to paycheck
Customers buying groceries at a supermarket in Singapore. Bloomberg | Bloomberg | Getty Images Singapore’s reputation for financial prudence and high savings is showing signs of strain. Rising costs and a growing prioritization for experiences and self-care are taking precedence over long-term financial planning, experts observed. “At the end of every month, when my salary […]
Read MoreWe will ‘be ready’: After government rebuke, Resorts World Sentosa CEO discusses future of integrated resort
Resorts World Sentosa will “be ready” when Singapore’s Gambling Regulatory Authority considers its casino license renewal in 2026, the company’s CEO Lee Shi Ruh told CNBC late last month. In November 2024, Singapore’s gambling agency announced it was renewing the integrated resort’s casino license for two years, instead of three, citing “unsatisfactory” tourism performance from […]
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