GLOBEALERT

Feed

Open sources, classified and cross-checked. 97+ stories.

BUSINESSJul 16RTS Link : Boosting Singapore retail and F & BThe RTS Link project is expected to boost the retail and food & beverage sectors in Singapore. This highlights the anticipated economic benefits of the new infrastructure.straitstimes.com · Singapore
BUSINESSJul 16New Johor rail link: a US$815m challenge for Singapore’s retail and F&BSingapore consumers are expected to spend an additional S$1.05 billion (US$815 million) annually in Malaysia’s Johor state once a cross-border rail link connecting the two sides in minutes opens, according to a new study. The study, released on Thursday by the Singapore Business Federation (SBF), the Restaurant Association of Singapore (RAS) and the Singapore Retailers Association (SRA), comes amid concerns from local businesses about cash flowing out to the city state’s northern neighbour,...South China Morning Post
BUSINESSJul 15Tata, Singapore’s Changi Airport to invest in Kerala, says Chief Minister SatheesanAt the Kerala Samudra Mission 2026 seminar in Thiruvananthapuram, Satheesan announced that the Tata Group is seeking State approval for a ₹10,000 crore investment in shipbuilding. He also revealed Singapore’s Changi Airport’s interest in aviation-related investments in the state.The Hindu
BUSINESSJul 14In Singapore, ‘durian tsunami’ won’t last long as prices rise and wave ebbsIf you have been holding out for cheaper durians, you may not want to wait much longer. Just weeks after a bumper harvest sent durian prices tumbling across Singapore, sellers said the unusually abundant supply has begun easing since last week as Malaysian state Johor’s durian season winds down. They believe the days of heavily discounted durians and free giveaways have come to an end. “The supply is still there, but not much,” Alvin Teoh, owner of popular Geylang fruit shop Durian 36, said. The...South China Morning Post
BUSINESSJul 14Singaporeans working across Causeway speak of trade - offs - after Malaysia minister suggests growing numbersSingaporean workers commuting across the Causeway are discussing the trade-offs involved, following a Malaysian minister's suggestion of increasing numbers. This highlights cross-border labor dynamics between the two nations.channelnewsasia.com · United States
BUSINESSJul 11Qantas brings iconic Singapore restaurant to SIN loungesQantas is partnering with a notable Singapore restaurant to enhance its lounge offerings at Singapore Changi Airport. This is a business development focused on customer experience.futuretravelexperience.com · United States
BUSINESSJul 10How Singapore Fintech iFAST Became A Regional Wealth EngineThis article explores how Singaporean fintech company iFAST developed into a significant regional player in wealth management. It highlights the company's growth and impact in the financial sector.forbes.com · United States
BUSINESSJul 9It costs a record US$99,700 to buy a small car permit in SingaporeThe right to own a small car in Singapore climbed to a record high of S$129,000 ($99,700), with analysts saying premiums could rise further as rebates for electric vehicles come to an end. The price of a Category A certificate of entitlement (COE) meant for smaller cars and EVs advanced by 4.2 per cent in Wednesday’s bidding exercise from the previous round on June 17. Premiums for larger and more powerful cars in Category B jumped 6 per cent to S$130,889. The surge in premiums comes ahead of...South China Morning Post
BUSINESSJul 8Singapore global dispute fault lines | Singapore Business ReviewSingapore Business Review discusses global dispute fault lines. This indicates analysis of international conflicts and their potential impact on business.sbr.com.sg · Singapore
BUSINESSJul 7Singapore named world’s most expensive city for luxury spending for fourth year in a rowSingapore is the world’s most expensive city for luxury spending for a fourth consecutive year, as prices on items such as watches and jewellery surge around the globe. Zurich climbed to second place, edging out London, while Monaco entered the top three for the first time since the survey began in 2020, according to an annual report by Swiss wealth manager Julius Baer Group. Hong Kong and London rounded out the top five. Zurich’s three-place rise was propelled by the strengthening of the Swiss...South China Morning Post
BUSINESSJul 7Singapore’s Carousell hits profitability milestone, banks on AI as ‘force multiplier’At Carousell’s Singapore office, a red tunnel greets employees with the company’s mission to “make second-hand the first choice” – a slogan its leaders say is moving closer to reality as the platform for buying and selling used goods recorded its first positive adjusted operating profit. The Singapore-headquartered company, last valued at US$1.1 billion in 2021, said on Tuesday it had achieved positive Ebitda – earnings before interest, taxes, depreciation and amortisation – for the first time,...South China Morning Post
BUSINESSJul 6Tata Communications Strengthens India - Singapore Digital Corridor with AI - Ready Connectivity InvestmentsTata Communications is making investments to enhance the digital corridor between India and Singapore, focusing on AI-ready connectivity. This move aims to improve digital infrastructure and facilitate advanced technological integration.prnewswire.com · United States
BUSINESSJul 6Singapore, Indonesia to collaborate on cross-border electricity projectIndonesia and Singapore vowed on Monday that the Strait of Malacca, a critical oil transit chokepoint in the region, will remain “accessible” even as Iran imposes fees on ships traversing the Strait of Hormuz. Indonesian President Prabowo Subianto discussed the matter with Singaporean Prime Minister Lawrence Wong in Jakarta as Southeast Asia reels from the effects of oil prices pushed sky-high by the Middle East war. The Strait of Malacca, surrounded by Indonesia, Malaysia, Singapore and...South China Morning Post
BUSINESSJul 6A base for Singapore businesses expanding in MalaysiaThis article describes the establishment of a base intended to support Singaporean businesses expanding their operations into Malaysia. It focuses on facilitating international business growth and development.channelnewsasia.com · United States
BUSINESSJul 3Singapore to welcome East Timorese workers from next year: WongSingapore would be opening selected sectors and occupations to workers from East Timor next year, Prime Minister Lawrence Wong announced on Friday. “This will create new opportunities for Timorese while strengthening our business and people-to-people links,” Wong said at a joint press conference with East Timor Prime Minister Xanana Gusmao in Dili. The visit, the first by a Singapore prime minister, comes a year after East Timor became a full Asean member. Wong laid out several areas where the...South China Morning Post
BUSINESSJul 3Bali, Phuket or Sentosa? Singapore’s grand 20-year resort planSingapore is banking on lavish beachfronts, canopy walks, a transformed port and even water taxis to upgrade its holiday island, Sentosa, into a major tourism draw over the next two decades – but observers say the challenge will be in guaranteeing distinctiveness. On Friday, the Sentosa Development Corporation (SDC) unveiled plans to rejuvenate the 5 sq km resort and theme park island, which is located 10 minutes from the Singapore mainland by monorail and is also accessible by car or bus...South China Morning Post
BUSINESSJul 2Tata Communications to Invest ₹1,442 Crore in India-Singapore Subsea Cable ExpansionAs part of the expansion, the company will enhance its Tata Global Network (TGN) by integrating the MIST Cable System between Mumbai and Singapore. The project will add 20 Tbps of network capacity through an investment of ₹594.47 crore (US$63 million). The post Tata Communications to Invest ₹1,442 Crore in India-Singapore Subsea Cable Expansion appeared first on Dharmakshethra - India Unabridged .dharmakshethra · india
BUSINESSJul 1JERA Launches Singapore LNG Unit to Expand Global Fuel PortfolioYahoo Finance
BUSINESSJul 1Singapore seizes US$42.4 million bungalow linked to Nvidia chip fraudSingapore authorities have seized a so-called Good Class Bungalow (GCB) valued at around S$55 million (US$42.4 million) and around S$1 million (US$770,000) of funds in connection with a fraud conspiracy, the police said on Wednesday. The case has been linked to the movement of Nvidia chips in contravention of US export controls. GCBs are among the most prestigious type of housing in Singapore, with authorities imposing key planning constraints. It is understood that the seized GCB is located at...South China Morning Post
BUSINESSJul 1Singapore telecoms company slashes CEO’s salary over outagesThe chief executive of Singapore’s largest and oldest telecommunications company took a pay cut last year despite the company posting a sharp rise in profits, after a series of network failures dented its operational record. Singtel CEO Yuen Kuan Moon received S$6.8 million (US$5.3 million) for the financial year ended March 31, down 16.9 per cent from S$8.2 million a year earlier, according to the company’s annual report released on Tuesday and first reported by The Straits Times. The pay cut...South China Morning Post
BUSINESSJul 1NoMad Hotels to debut in Singapore complete with craft soft-serve sundae-slash-cocktail barThe 173-key property on Orchard Road will open in late 2026, bringing with it three restaurant and bar concepts plus a poolside lounge.EuroNews [en]
BUSINESSJul 1Singapore delegation inspects housing, lake and tower works in AmaravatiDuring its two-day visit, APCRDA officials explained the progress of the ongoing works, the city’s development strategy and the investment opportunities available in AmaravatiThe Hindu
BUSINESSJul 1Oman Air targets Singapore with new nonstop flight as Gulf carriers ramp up servicesOman Air is looking to capitalise ⁠on the Gulf ⁠state’s appeal as a largely ⁠untapped tourism destination as it launches flights from Muscat to Singapore on Thursday and considers an expansion to North Asia over the next year. The new nonstop Singapore service was underpinned by a lower cost ‌base and the airline’s year-old membership in the Oneworld alliance to aid with connections, as serving the city state with a stopover in Kuala Lumpur failed nine years ago, Oman Air CEO Con Korfiatis said...South China Morning Post
BUSINESSJun 30Wing Seong Fatty , Singapore restaurant popular with Qantas pilots , closes after 100 yearssmh.com.au · Australia