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The Latest Breaking News from Singapore

ETtech Explainer: How the Meta-Manus deal came apart, and Tencent moved in

Chinese regulators ordered Meta to reverse its $2 billion acquisition of the company. Tencent is working with Manus' early investors, including ZhenFund and HSG, to buy the company back from Meta for at least $2 billion.

The Economic Times

Global Market: GIC reshuffles senior investment leadership, names two deputy group CIOs

Singapore sovereign wealth fund GIC has appointed two deputy group chief investment officers and named a new chief investment officer for its Fixed Income & Multi Asset business as part of a senior leadership reshuffle. The changes aim to strengthen oversight of the fund's global investment operations.

The Economic Times

Asia's founders are decamping to the U.S. as the region suffers a protracted venture funding slump

Venture slowdown, weak exits and fragmented markets are pushing some Asian startups to Silicon Valley.

Fortune

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Egypt is building an entire desert city from scratch, crowned by a 1,263 foot skyscraper

About 45 kilometres east of Cairo, in a stretch of desert that held nothing but flat, arid gravel and sand only a decade ago, Egypt has built an entire new city from the ground up. Officially called the New Administrative Capital, and more recently renamed The New Capital, the project…

The Times of India

IHH hospitals in India, Singapore saw fewer patients from Middle East due to war

IHH Healthcare hospitals in India saw fewer patients from the UAE and Saudi Arabia. Singapore hospitals also faced impacts from the ongoing Middle East conflict. This regional instability creates significant uncertainty for businesses globally. Soaring energy prices and disrupted supply chains are major concerns. IHH previously stated its diversified footprint…

The Economic Times

Why PM Modi Praised Nehru in Indonesia Surprised Everyone

Political speeches often focus on the present, but sometimes a single reference to the past reveals a story that many people have forgotten. During his address to Indonesia's Parliament, Prime Minister Narendra Modi surprised many by praising India's first Prime Minister, Jawaharlal Nehru, and remembering a daring rescue mission led…

MyLifeXP

Market reforms propel Singapore bourse's growth

Singapore is emerging as one of Southeast Asia's most compelling investment destinations as sweeping capital market reforms create new opportunities for investors seeking to diversify beyond technology and artificial intelligence (AI) stocks, says One Asset Management.

Bangkok Post

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Cost of driving in Singapore soars as ownership certificates reach nearly $100,000

Singapore car buyers now face nearly $100,000 for ownership certificates. Certificate prices for small vehicles have quadrupled since pre-pandemic times. This makes Singapore the world's most expensive city for car purchases. Demand remains strong due to competitive electric car prices. Vehicle numbers are capped at approximately one million in the…

The Economic Times

Singapore small-car permit cost approaches $100,000

SINGAPORE - Car buyers in Singapore will now need to fork out almost US$100,000 for a certificate to own a small car, as costs under the city-state’s vehicle ⁠quota system hit an all-time high on Wednesday.

Bangkok Post

Moving Wealth Abroad? Here's How to Keep Your American Dream From Turning Into an Overseas Nightmare

Pulling up stakes and moving your family — and your money — abroad isn't for the faint hearted, not least because of ultra complicated tax and banking rules.

Kiplinger

Asia’s super-aging societies are sparking a boom in high-end longevity clinics—even if 'public enthusiasm' is outpacing the science

A new kind of business—blending hospitality, technology, and traditional practices—is promising to extend not just lifespan, but also 'healthspan'.

Fortune

A curated playground

Established in 2002 by Charlotte Cain, Boutiques Singapore launched as a curated shopping experience aimed at promoting quality and design-led merchandise.

Bangkok Post

Virtual taekwondo is on the rise as it makes its debut at Asian Games

Virtual taekwondo is gaining popularity as a structured competitive discipline in Southeast Asia

The Independent UK

'Strategically aligned': Singapore, Indonesia pledge to keep Strait of Malacca open and free

Singapore and Indonesia have pledged to keep the Strait of Malacca open, safe and accessible to all, elevating maritime security to the forefront of a bilateral relationship that both countries see as critical to regional stability.

The Times of India

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5 Lesser-Known Facts About Rath Yatra That Many Devotees Don't Know

Every year, the sacred city of Puri transforms into a sea of devotion as millions gather to witness the magnificent Rath Yatra of Lord Jagannath. The sight of the towering chariots rolling through the streets, accompanied by chants, music, and prayers, creates an unforgettable spiritual experience. While the grand procession…

The Guardian - AU

Australia’s best pie has a Malaysian prawn curry filling – and its bakers have even bolder flavours in mind

Ryan and Chan Khun of Country Cob bakery in Victoria have won accolades for their satay fish and Cambodian pork pies, with a Singapore chilli crab filling on its way

The Times of India

Why Singapore’s skyscrapers are covered with gardens instead of bare concrete

Land is one of the scarcest resources in Singapore, a small island nation packed with more than five million people, yet walk through its business district and you will see trees sprouting from car park facades, gardens wrapped around office towers and entire walls dressed in green. This is not…

The Economic Times

Singapore announces Greater Sentosa plan with new tourist attractions

Singapore is set to transform Sentosa and Brani Island into a "Greater Sentosa" over the next two decades. This ambitious master plan aims to double visitor numbers by introducing new hotels, attractions like the Imbiah Canopy, and enhanced lifestyle experiences. The project prioritizes sustainability and improved accessibility, with developments beginning…

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The Times of India

'Madam is sleeping': Ex-Singapore diplomat explains why all Pakistan politicians are 'waste of time'

"Your civilian politicians are a waste of time," former Singapore diplomat Bilahari Kausikan said, recalling how former Pakistani prime minister Benazir Bhutto allegedly refused to take a call during the 1991 passenger plane hijacking after her household informed him that she was asleep.

The Times of India

Pakistan gang rape case: Deputy PM Ishaq Dar's relative among four arrested over assault on two foreign women

Pakistani authorities have apprehended four individuals, including a relative of Deputy Prime Minister Ishaq Dar, in connection with the alleged gang rape of two foreign women in Lahore. The victims, from the Netherlands and Venezuela, reportedly met the main accused, Muhammad Raza Dar, during a cryptocurrency venture in Singapore. They…

The Times of India

'Teetering on the brink of failure': Ex-Singapore diplomat's blunt warning for Pakistan

A former senior Singapore diplomat has delivered a stark assessment of Pakistan's future, warning that the country remains "teetering on the brink of failure" despite recent diplomatic gains.

The Economic Times

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.

Tom’s Hardware

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.

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