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BUSINESS5d agoIndonesia defends Singapore gas cuts, cites rising domestic needs and contractual limitsIndonesia has defended its decision to cut natural gas exports to Singapore, citing domestic electricity and industrial needs and arguing that the reduction remains within contractual limits. The cuts came days after Indonesia’s energy minister warned that his country could stop exports to nations that “did not respect” it. On Monday, Energy Minister Bahlil Lahadalia defended the reduction of 31 million standard cubic feet per day in pipeline gas exports to Singapore, saying it represented about...South China Morning Post
BUSINESS6d agoSingapore tells suppliers to ‘honour commitments’ amid Indonesia’s gas cutSingapore expects all parties who have signed commercial contracts for gas supplies to “honour their commitments”, said Prime Minister Lawrence Wong on Sunday after Indonesia cut its exports. Speaking at the People’s Action Party (PAP) convention, Wong added that Singapore’s gas importer will take the necessary steps to protect its rights and interests. Indonesia began reducing natural gas exports to Singapore on Saturday. Indonesia’s upstream oil and gas regulator SKK Migas said the move was to...South China Morning Post
BUSINESSOct 24Indonesia cuts gas to Singapore amid Borneo, Sumatra wildfire hazeIndonesia cut exports of natural gas to Singapore on Saturday to prioritise domestic demand, an official said, with the two countries at loggerheads over regional air pollution emanating from wildfires on the vast archipelago. The head of SKK Migas, a state agency supervising the oil and gas sector, said Indonesia would cut a total of 31 million standard cubic feet per day from its supply to Singapore. Fifteen million standard cubic feet per day was being cut from Natuna in Indonesia’s Riau...South China Morning Post
BUSINESSOct 23Singapore's longevity industry: The quest for eternal youthIn Singapore, the quest for eternal youth is no longer just a billionaire's fantasy. It's becoming big business. High-tech clinics, longevity labs and specialist companies all promise the same thing: slowing down the ageing process. From continuous metabolic monitoring and genetic testing to supplements and oxygen therapy, every aspect of the body is measured and optimised.France 24 [en]
BUSINESSOct 23Singapore firm set to buy shut Yukon mine for $140M , promises $1 . 4B in investmentA Singaporean firm plans to acquire a closed mine in Yukon for $140 million and pledges $1.4 billion in future investment. This signals a substantial international business deal with potential economic implications for the region.prpeak.com · Canada
BUSINESSOct 22LVS targets $700M quarterly Macao EBITDA while planning Singapore opening in early 2031Las Vegas Sands (LVS) is targeting $700 million in quarterly EBITDA from Macao operations while also planning a new Singapore opening for early 2031. This outlines the company's financial projections and long-term expansion strategies.Seeking Alpha Tech
BUSINESSOct 21Las Vegas Sands falls after soft revenue trends in Macau and Singapore weighLas Vegas Sands stock fell due to soft revenue trends reported in Macau and Singapore. This indicates a negative financial performance for the company in key international markets.Seeking Alpha Tech
BUSINESSOct 21Singapore hits back over claims it rigged Indonesia’s stock market crashSingapore’s state investor Temasek has denied involvement in Indonesia’s looming MSCI reclassification, following accusations that the city state’s sovereign wealth funds were pulling strings behind the scenes for their own gain. On Wednesday, Fock Wai Hoong, head of Asia-Pacific at Temasek Global Investments, said the claims had “no basis” and were “patently untrue”. Former Indonesian trade minister Muhammad Lutfi on Monday claimed that Singapore’s sovereign wealth funds, Temasek and GIC, were...South China Morning Post
BUSINESSOct 20Singapore banks may curb financing of firms in zero - tolerance approach to open burning , deforestationBanks in Singapore are considering restricting financing for companies involved in open burning and deforestation, adopting a strict policy against these practices. This signals a shift towards more environmentally conscious investment strategies.businesstimes.com.sg · Singapore
BUSINESSOct 20'Cannot play hide and seek': Singapore minister's warning over haze sends agricultural stocks lowerSingapore Senior Minister Shanmugam said the Singapore Exchange had questioned seven firms about their operations and possible links to the haze.CNBC
BUSINESSOct 20Singapore, Hong Kong take different paths in race for stablecoin dominance. Who will win?While Hong Kong is betting on its established banking network to bring stablecoins into mainstream finance, Singapore is seeking to make regulated digital currencies easier to use. Both approaches reflect different priorities in the race to build global cryptocurrency centres: Hong Kong is linking stablecoins to its existing financial system, while Singapore is looking to strengthen the infrastructure for circulating and settling tokenised assets. Analysts said the ultimate test would be whether...South China Morning Post
BUSINESSOct 20Most Singapore households expect inflation to rise over next year : surveyA survey indicates that most households in Singapore anticipate inflation to increase over the coming year. This reflects public sentiment regarding the economic outlook.businesstimes.com.sg · Singapore
BUSINESSOct 18Dino-mite treasures: inside Singapore’s ‘Fort Knox’ storing playthings of ultra-richStored in a climate-controlled environment within what is commonly known as the “Fort Knox of Singapore” rests the skull of a triceratops which once roamed the earth 66 million years ago. The jagged edges of its frill and horns are largely intact, and according to its owner, Chaw Wei Yang, 26, it is one of the most complete triceratops skull fossils ever found. Chaw, who runs Fine Art Storage Services (FASS) located inside Le Freeport, formerly known as Singapore Freeport, along with his...South China Morning Post
BUSINESSOct 15Tamil Nadu CM Vijay holds talks with Singapore Deputy PM on economic ties, investmentsThe meeting was held on the sidelines of the unveiling of the Singapore-based CapitaLand Data Centre Chennai 01 at SIDCO Industrial Estate in AmbatturThe Hindu
BUSINESSOct 15Malaysian tycoon goes on Singapore property buying spree to ‘catch up with the rest’Malaysian property tycoon Lee Yeow Seng is making waves as one of the most aggressive buyers of commercial real estate in Singapore, and he is not done yet. His IOI Properties Group is in exclusive talks and due diligence to purchase two property assets – Chijmes, a retail venue inside a former Catholic convent in its civic district, and the nearby Capitol Kempinski hotel, CEO Lee said in an interview. He declined to disclose how much a final agreement will value the two assets at, citing...South China Morning Post
BUSINESSOct 14Crypto bosses, CEOs and F1: Singapore's business events boom gathers paceSingapore's Formula 1 race week is a major business draw as a growing number of conferences coincide with the Grand Prix.CNBC
BUSINESSOct 14Singapore’s economy grows more than 5 percent amid AI boomCity-state's GDP expands 5.4 percent in July-September quarter, according to advance government estimates.Al Jazeera [en]
BUSINESSOct 14Singapore third-quarter GDP growth softens from four-year high but beats estimatesThe GDP print beat expectations of a 5% growth from economists polled by Reuters.CNBC
BUSINESSOct 13'Boring is not bad': CEO of Southeast Asia's largest bank pitches Singapore as a haven amid global turmoilSingapore is a bastion of safety amid global turmoil, according to the CEO of DBS.CNBC
BUSINESSOct 13Singapore PM Wong rejects weaker currency as shortcut to competitivenessSingapore Prime Minister Lawrence Wong pushed back against the idea of weakening the city-state's currency to boost competitiveness.CNBC
BUSINESSOct 13Not just about tax: why Australia’s tech entrepreneurs are moving to SingaporeInvestor Ben Lindsay relocated with his wife, dog in tow, from Sydney to Singapore in March, with his sights set on growing venture capital firm Investible from an Australian outfit into an Asia-Pacific one. Lindsay is among a growing number of investors, businessmen and tech founders from down under who are setting up bases and relocating to Singapore, Dubai and San Francisco to expand their company’s reach. Adrian Portelli, founder of savings and rewards platform LMCT+, announced on social...South China Morning Post
BUSINESSOct 9Singapore: Policy slope tightening view – DBSDBS Group Research expects the Monetary Authority of Singapore to slightly increase the SGD NEER policy band slope at the October review, while keeping the width and centre unchanged. The team, led by Taimur Baig, anticipates calibrated tightening driven by import cost pressures and resilient growth, alongside strong Q3 2026 GDP supported by AI-led trade and financial sector strength.fxstreet · spain
BUSINESSOct 9CBN engages Singapore’s MAS, signs innovation MoU with GFTNBy Babajide Komolafe The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has undertaken high-level engagements in Singapore aimed at strengthening Nigeria’s financial connectivity with Asia through institutional cooperation, financial-market development and innovation. The engagements included discussions with the Monetary Authority of Singapore (MAS), the signing of a Memorandum of Understanding (MoU) […] The post CBN engages Singapore’s MAS, signs innovation MoU with GFTN appeared first on Vanguard News.Vanguard Nigeria
BUSINESSOct 8Amid battle for AI edge, Hong Kong presses HSBC over Singapore hub decision: sourcesAs Hong Kong and Singapore compete for leadership in businesses ranging from foreign exchange trading to wealth management, the battleground has extended to artificial intelligence, with both cities vying to attract investment from HSBC Holdings and other major corporations, according to industry players. The issue came into focus after the Hong Kong Monetary Authority (HKMA) questioned HSBC about its decision to set up an AI centre in Singapore, despite Hong Kong being its single largest...South China Morning Post
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