Singapore
Asia-Pacific markets open higher as investors assess Trump tariffs
A view of the city skyline of Lujiazui Shanghai Center in Pudong, Shanghai, China, on March 13, 2024. Cfoto | Future Publishing | Getty Images Asia-Pacific markets opened higher Tuesday, tracking gains on Wall Street that appeared to look past U.S. President Donald Trump’s tariff campaign. Trump on Monday signed an order imposing 25% tariffs on […]
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U.S. tariffs and interest rate uncertainties make 2025 a “choppy year”: DBS CEO Piyush Gupta
Piyush Gupta, chief executive officer of DBS Group Holdings Ltd., during a news conference in Singapore, on Monday, Feb. 10, 2025. DBS shares jumped after the lender reported earnings that met expectations and unveiled a investor payout plan. Bloomberg | Bloomberg | Getty Images After a sterling 2024 when Singapore’s biggest bank by assets booked […]
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Singapore’s 10-fold rise in family offices is driving a philanthropy boom
Charitable giving from foundations and family offices in Singapore is funding educational, healthcare and poverty projects in the region and beyond. Roslan Rahman | Afp | Getty Images A presence of more Bentleys and Porsches on the roads is just one sign of the number of wealthy individuals, and their private investment companies, that have […]
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Singapore Airlines CEO shares how he is staying ahead of the competition
Singapore Airlines has been ranked as one of the world’s top airlines for decades. In this episode of Managing Asia, Christine Tan sat down for an exclusive interview with CEO Goh Choon Phong to discuss his strategy for staying ahead of increasing competition and ensuring SIA remains a world-class airline. Singapore Airlines has been ranked […]
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Singapore passes law against foreign interference in race-based organizations
Singapore has passed a law designed to protect against foreign interference in its race-based clans and business associations, as the government looks to limit outsiders from undermining racial harmony in the multicultural city-state. Roslan Rahman | Afp | Getty Images Singapore has passed a law designed to protect against foreign interference in its race-based clans and business associations, as the government looks to limit […]
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Singapore says U.S. firms should comply with export controls following DeepSeek chip questions
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 […]
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Farms of the future: How Singapore is using tech to grow food without farmland
Step into the future of farming – where Singapore secures its food supply without relying on farmland. Step into the future of farming – where Singapore secures its food supply without relying on farmland. In the heart of Singapore, indoor hydroponics farm Artisan Green has redefined agriculture through technology and innovation. Supplying supermarkets, hotels, restaurants […]
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From jewelry to food waste, firms are ‘shaking’ things up with circular-economy shift
Rapeepong Puttakumwong | Moment | Getty Images From jewelry and clothes to food waste, a growing number of sectors are focusing on operating as part of a “circular economy,” aiming to waste less — and reap the financial benefits in the process. The rising cost of raw materials and a move to reduce carbon emissions […]
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Chinese travelers cancel Lunar New Year trips to Thailand over safety concerns
Chinese travelers are canceling plans to visit Thailand during the Lunar New Year holiday, as concerns over the kidnapping of actor Wang Xing continue to reverberate through the country. Net booking volume for trips to Thailand fell 15.6% from Jan. 13 to Jan. 20 from the previous week, after news of the rescue of Wang […]
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“Can your private bank do this?”: Fintech firms target Singapore’s wealthy with feature-rich apps
Businesswoman managing finance and investment online, reading financial trading data and making financial plan with smartphone. Online banking. Banking, investment and financial trading concept D3sign | Moment | Getty Images The private banking industry, long defined by exclusivity, discretion and personalized service by relationship managers, is in the crosshairs of fintech firms that want a […]
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