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The Latest Breaking News from Singapore

Hong Kong Set to Overtake Singapore in SPAC Market, With Help From Mainland Sponsors

Key Takeaways: Hong Kong has received six SPAC listing applications in the last month, even as regional rival Singapore’s similar program starts to turn quiet Most of Hong Kong’s SPAC applicants are backed by mainland Chinese companies, highlighting a major advantage the city enjoys over Singapore By Jony Ho

Benzinga

Singapore investor buys four-star Hotel Brooklyn for more than £24m

The hotel has 189 rooms and opened in February 2020

Manchester Evening News

ThaiBev to resume work on unit’s $2bn Singapore IPO

Thai Beverage Public Company Limited is set to revive the initial public offering of its brewery unit in Singapore after shelving the planned first-time share sale twice due to Covid-19, according to people with knowledge of the matter.

Bangkok Post

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Singapore, Hong Kong left behind as global travel rebounds

A global travel divide is deepening as some countries ditch COVID-19 restrictions including quarantines, isolation and even mandatory testing for good, while others cling to years-old curbs.

Tribune News Service

UAE expected to complete official process on FTA in 60 days: official

Trade pact will prompt international companies to shift to India from Hong Kong, Singapore

The Hindu

Asia Pacific set to become world’s largest data centre region over next decade

Asia Pacific’s data centre market continues to grow at a relentless pace and is set to become the world’s largest data centre region over the next decade. According to Cushman & Wakefield’s latest 2022 Data Centre Global Market Comparison report, Singapore, Hong Kong and Sydney are ranked among the top…

Bangkok Post

Foreign quarter: On internal matters and India’s response

India must show maturity in response to international criticism of internal matters

The Hindu

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Singapore raising GST and taxes on wealthy

Singapore is raising taxes on the wealthy and increasing other levies, including the Goods and Services Tax (GST), to restore its finances after unprecedented expenditures to weather the coronavirus pandemic.

Bangkok Post

India objects to Singapore PM's remarks about 'criminal' MPs

India has complained to Singapore about a remark its prime minister made on the number of Indian parliamentarians facing criminal charges, an Indian official said on Friday, in a rare instance of friction between the Asian allies.

Reuters

Must learn to be less thin-skinned, says Tharoor on row over Singapore PM’s comments

The Congress leader says Lee Hsien Loong was making a ‘general and largely accurate point’

The Hindu

Must learn to be less thin-skinned: Shashi Tharoor on India lodging protest over Singapore PM's remarks

NEW DELHI: Senior Congress leader Shashi Tharoor on Friday said it was most unseemly for the Ministry of External Affairs to "summon" the envoy of a friendly country like Singapore over remarks by their prime minister to their own Parliament, and asserted that "we must learn to be less thin-skinned".

The Times of India

Morning Digest | Singapore PM’s speech uncalled for, says India; India, UAE to sign trade pact, and more

A select list of stories to read before you start your day

The Hindu

Emails between former NSE MD Chitra Ramkrishna & ‘yogi’, a coded puzzle for investigators

Out-of-context mention of travel plans and unknown ‘children’ raise suspicions

The Hindu

Singapore PM’s speech uncalled for, says India

Lee Hsien Loong said half of Indian MPs face charges.

The Hindu

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The Independent UK

Singapore president stops execution of 2 death row inmates

A lawyer says Singapore’s president has ordered a delay in the execution of two men on death row who are believed to be mentally disabled

The Times of India

Primary objective is to get more training time with Sathiyan, says paddler Manika Batra

The year 2021 will be remembered for the exploits of Manika Batra and G Sathiyan. The mixed doubles pair clinched the WTT Contender in Budapest in August and went from strength to strength before breaking into top-15 in world rankings. The pair, currently ranked No. 10 in the world, are…

Caixin Global

Opinion: Can the Yuan-Dollar Exchange Rate Reach 5?

If China’s economy continues to develop steadily, its currency could strengthen against the greenback by 25% to 30% once per capita GDP reaches $20,000. But world-class industries are needed

Bangkok Post

Singapore opens to more countries, eases test rules

Singapore will ease Covid travel testing rules and launch new vaccinated travel lanes with the Philippines and Israel as it woos more tourists and seeks to reclaim its status of one of Asia’s major travel hubs. Shares of the city-state’s aviation-related stocks rose.

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The News Lens

Taiwan’s Minimum Wage Is Not Adequate for Its Cost of Living

Taiwan’s low minimum wage has contributed to half of workers earning less than what they need to have a basic standard of living.

The Times of India

Confiscate Rs 300 crore in City Limo’s Singapore bank accounts, says Mumbai court

MUMBAI: In a ray of hope for the 70,000 investors who lost money in the Ponzi schemes floated by City Limouzines, a court here has ordered confiscation of Rs 300 crore lying in the company bank accounts in Singapore.

The Times of India

Confiscate Rs 300 crore in Mumbai Limo’s Singapore bank accounts, says court

Manchester Evening News

What it is like to get a mortgage in different countries across the world

Buying a home in America or Dubai is a completely different process to the UK

The Independent UK

Do I need a Covid test if I’m changing planes? Connecting flight rules for Dubai, Singapore, US and more

Not sure what paperwork you need for your connecting flight? Simon Calder rounds up the rules for all the key aviation gateways, from Abu Dhabi to Zurich

The Independent UK

2 on death row in Singapore lose appeal, renew legal bid

Two death row inmates in Singapore have lost another appeal against their pending execution on the grounds they were mentally disabled, but their family filed a fresh legal bid to save them

Reuters

Singapore resumes border reopening after pause due to Omicron outbreak

Singapore will expand quarantine-free travel to Hong Kong, Qatar, Saudi Arabia and the United Arab Emirates this month, its health ministry said on Wednesday, resuming border reopening after a pause due to an outbreak of the coronavirus.

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