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The Latest Breaking News from Singapore

Air India, SIA Engineering to set up maintenance, repair and overhaul joint venture in India

Air India and Singapore Airlines' engineering arm are exploring a joint venture to establish a world-class Maintenance, Repair, and Overhaul (MRO) facility in India. This collaboration aims to bolster India's aviation MRO capabilities and cater to growing regional demands. Building on existing partnerships for component support and base maintenance, the…

The Economic Times

ETMarkets Smart Talk | Why some NRIs pay zero tax on mutual fund gains in India: Sreepriya NS of Entrust Family Office explains

NRIs are increasingly viewing India as a prime long-term investment hub, attracted by its growth potential and tax efficiencies under certain DTAAs, especially for mutual fund gains. While diversifying globally, many are exploring structured real estate investments like REITs. Experts advise avoiding common pitfalls such as a lack of clear…

The Economic Times

Udaan faces creditor heat; Bhavin Thurakia's fifth rodeo

Creditors have dragged B2B ecommerce firm Udaan’s parent to Singapore court over a bond default. This and more in today's ETtech Top 5.

The Economic Times

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Singapore cops seize $42 million mansion, freeze $772k bank account of suspected Nvidia AI GPU smugglers — individuals alleged to have illegally exported data center servers to China charged with fraud, money laundering

Four individuals suspected of smuggling Nvidia AI GPUs into China by using Singapore as a transshipment point are facing multiple charges. Singaporean authorities say they are not obliged to enforce foreign export controls but expects businesses in its borders to abide by them.

Tom’s Hardware

INS Udaygiri, Shakti and Kavaratti arrive at Changi Naval Base in Singapore as part of operational deployment

Indian Naval Ships Udaygiri, Shakti, and Kavaratti concluded a successful operational deployment in Southeast Asia, reinforcing India's maritime partnerships. The fleet, led by Rear Admiral Alok Ananda, visited Singapore and participated in a joint naval drill with the Royal Thai Navy. These engagements underscore India's commitment to regional maritime security…

The Economic Times

Relocating 6 million Singapore bees and counting, one nest at a time

SINGAPORE - Armed with nothing ‌but a bandana and his bare hands, 42-year-old Clarence Chua rescues bees, scooping them from nests into wooden boxes to relocate them, sometimes to his own backyard.

Bangkok Post

Microsoft partners with Singapore's Lightstorm to build India-Southeast Asia undersea cable

The consortium, whose other members include Tata Communications, Singapore ‌Telecommunications, Singapore's ⁠ASEAN Cableship ⁠and Japan's NEC Corporation, will construct the I-2SEA cable to support AI, cloud and hyperscale workloads, the companies said on Thursday.

The Economic Times

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Three U.S. States Have Growing COVID Transmission Right Now, CDC Modeling Shows

CDC Rt modeling shows COVID growing in 3 states as of June 23, 2026, declining in 34. Singapore's NB.1.8.1 drives 60% weekly international growth. Here's how to track your state.

Medical Daily

Singapore police say AI chip fraud suspects face additional fraud and money laundering charges

The charges relate to an investigation of fraud by falsely representing who would be the end-user of ‌servers purchased ⁠from Dell, Super ⁠Micro Computer and Asus, the police said.

The Economic Times

Nine of the world’s top 10 strongest passports are European, new index reveals

The Global Passport Index assesses visa-free access as well as investment attractiveness and quality of life.

Euronews

OCBC rolls out its 'avatar banking' platform with 'Wendy' and 'Wayne,' two virtual financial advisors, as banks integrate AI into wealth management

Still, new CEO Tan Teck Long promised to hire 600 new relationship managers, as wealth management becomes a growing business for the Singaporean bank.

Fortune

NoMad Hotels to debut in Singapore complete with craft soft-serve sundae-slash-cocktail bar

The 173-key property on Orchard Road will open in late 2026, bringing with it three restaurant and bar concepts plus a poolside lounge.

Euronews

Iran and Oman push Strait of Hormuz fee proposal despite Washington opposition

Iran and Oman are pushing for payments from ships transiting the Strait of Hormuz, a move opposed by Washington. This proposal, inspired by the Straits of Malacca and Singapore, aims to fund maritime safety. While Oman frames it as voluntary service fees, Iran insists on mandatory tolls. A temporary peace…

The Economic Times

Oman Air targets tourists on new Singapore route, eyes North Asia expansion

Oman Air is launching a new route to Singapore, aiming to tap into the city-state's appeal as a growing tourist destination. This expansion, supported by a lower cost base and oneworld alliance membership, follows a failed attempt nine years ago. The airline is also considering new non-stop flights to North…

The Economic Times

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Bangkok Post

Webull acquires Pi for nearly B3bn

Thailand's securities industry is in the spotlight again after Webull, the Florida-based global digital investment platform, announced its nearly 3-billion-baht acquisition of Pi Securities, making a fast entry into the highly regulated capital market.

Bangkok Post

Broken-hearted await Lullaboy's Bangkok comeback

Indonesian-American singer-songwriter Lullaboy will make his Bangkok comeback at Artspace Bantadthong, Banthat Thong Road, on July 28 at 8pm.

Bangkok Post

Public Garden Bangkok is back at Samyan Mitrtown

Public Garden, one of Singapore's most beloved independent design markets, returns to Bangkok for its second edition at Samyan Mitrtown Hall 1–2, 5th floor of Samyan Mitrtown, this Saturday and Sunday from 11am to 8pm.

The Economic Times

Tata Comm to invest $152 million to boost India-Singapore digital corridor

Tata Communications is injecting $152 million into its subsea cable network, boosting India-Singapore connectivity by nearly 98 Tbps. This significant investment, funded internally, aims to fuel the growing demand for bandwidth and AI-driven data. The upgrades will enhance reliability and scalability for businesses, solidifying India's role as a digital hub.

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The Economic Times

US stocks may be headed for a sharp correction, warns Andrew Freris amid AI spending boom

Market strategist Andrew Freris warns Wall Street's rally is built on shaky ground, citing weak earnings and excessive AI enthusiasm. He advises caution on US equities, favoring select Asian markets like Japan, Singapore, Taiwan, and South Korea. Freris believes a US market correction is inevitable and could trigger a global…

The Economic Times

Tata Communications announces strategic subsea cable investments between India and Singapore

Tata Communications is significantly boosting its subsea cable network between India and Singapore, investing in new fiber capacity to enhance connectivity for emerging AI hubs. These strategic moves, including integrating a new cable system and joining a consortium for another, aim to support India's booming data center market.

The Economic Times

DBS completes $1 billion synthetic securitisation in first for a Singapore bank

Singapore's largest bank, DBS Group, has successfully completed a groundbreaking synthetic securitisation deal involving a $1 billion corporate loan portfolio. This innovative transaction allows investors to share credit risk, enabling DBS to manage its capital more efficiently and free up resources for expanded client financing across the region. The move…

The Times of India

Who is Ramu Palani Velu, an Indian-origin businessman in Singapore, who left 400 workers unpaid and attempted to escape?

Numerous Indian and Bangladeshi workers in Singapore are grappling with financial distress after their employer, Ramu Palani Velu, disappeared, leaving them unpaid for months. Velu, a businessman of Indian descent and head of multiple firms, has returned for questioning and is assisting authorities. The Singapore government has committed to finding…

Bangkok Post

Philippines leads the world in rush to solar as power prices soar

SINGAPORE/MANILA - People in the Philippines are flocking ‌to install solar power on rooftops and escape the burden of soaring electricity prices, making it the world's biggest spender on solar panels since the war in Iran started.

The Economic Times

IIT Alumni to provide AI training to migrant workers in Singapore

Supported by the Indian High Commission (HCI), the Indian Institutes of Technology Alumni Association - Singapore (IITAAS) on Sunday signed a Memorandum of Understanding (MOU) with the Migrant Workers' Centre (MWC).

The Economic Times

Director who left over 400 Indian, Bangladeshi migrants unpaid returns to Singapore: Minister

An Indian-origin permanent resident, accused of abandoning over 400 migrant workers without pay, has returned to Singapore. His passport has been impounded as authorities vow strict enforcement of labor laws. Support is being provided to the affected workers, with efforts underway to secure new jobs for them, and many are…

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