Singapore

Singapore Airshow to mark 10th edition with first-ever space summit

A key topic to be discussed, the space economy, is projected to hit US$1.8 trillion in value by 2035

GlobalFoundries makes chips that are used in smartphones, the automotive industry and smart home appliances.

GlobalFoundries acquires Singapore semiconductor firm in push to expand AI portfolio 

Advanced Micro Foundry specialises in silicon photonics, a technology that allows for faster and more efficient data transmission

Courts has automatically added unsolicited items into consumers’ shopping carts, while Prism+ has used fake countdown timers and misleading stock indicators.

Singapore consumer watchdog raps Courts, Prism+ for misleading website features

The watchdog urges consumers to review their shopping carts, verify payment amounts and question urgency claims

The latest list of entities sanctioned, announced on Nov 20, include three based in Singapore.

At least 10 Singapore-linked entities face US sanctions over alleged links to Iranian oil trade

They are among a list of more than 70 people and firms worldwide the US accused in Oct–Nov of trading Iranian oil and petrochemicals

Another outcome of discussions between the two sides was that foreign taxis would be allowed to drop off passengers anywhere outside their home country.

Singapore, Malaysia to ramp up cross-border taxi quota to 500 per country

Each nation will provide an additional quota of 100 in the beginning

Singapore has 55 billionaires, with six new additions in 2025, according to UBS’ Billionaire Ambitions Report.

Wealth of Singapore billionaires soars 66% to third-highest in Apac at US$258.8 billion

Apac billionaires include the Zhang brothers behind Mixue; Tron blockchain’s Justin Sun

Exxon has in the past two years gradually scaled down term contract volumes with customers in Singapore.

ExxonMobil to permanently shut one steam cracker in Singapore from March: sources

The closure of the plant, which opened in 2002, is expected to be completed by June

Singapore has special regimes for Reits that encourage investment in real estate through “tax-efficient entities”.

Data centres are expensive. Reits are ‘powerful tools’ to raise capital – and Singapore is benefiting

Data centres are projected to need US$6.7 trillion in global investments to keep up with computing power demand by 2030

President Tharman Shanmugaratnam (left) and Mexican President Claudia Sheinbaum at a press conference at the National Palace in Mexico City on Dec 1.

Singapore to open embassy in Mexico City in 2026 as part of deepening ties

The first on international development cooperation will allow both countries to promote economic and social development in developing countries