Singapore

The expanded 48-team format is expected to drive record betting activity globally, as the increased number of matches creates more wagering opportunities.

Expanded World Cup fuels surge in betting activity, with stakes likely to double from the 2022 edition

Some punters in Singapore say it is harder to place bets during the matches as many games are played in the middle of the night.

Singapore Airlines says that its stake in Air India supports “growth opportunities that cannot be fully realised through a single-hub model".

Companies & Markets

‘Tangible progress’: SIA defends Air India investment in response to Sias

The airline group’s replies come ahead of its AGM on Jul 24

The restructuring reflects GovTech’s own operating needs as it adjusts to the broader changes in the technology sector, PSD said in a statement.

Singapore

GovTech restructuring not part of a broad-based exercise across public service: PSD

[SINGAPORE] The Government Technology Agency’s restructuring is not part of a broad-based exercise across the public service, said the Public Service Division on July 17.

Singapore

Daily Debrief: What Happened Today (Jul 17)

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National Development Minister Chee Hong Tat says support will also be given to help startups’ proven solutions get adopted by the industry after they have been tested.

Singapore

Boost for construction tech firms to innovate; developers adopting robotics, automation: Chee Hong Tat

Developers and contractors will gain access to a list of certified technology partners for JTC projects, he adds

Chief Justice Sundaresh Menon (right) will step down on Feb 26, 2027, with Justice Sushil Sukumaran Nair set to take over.

Singapore

Chief Justice Sundaresh Menon to retire in February 2027, to be succeeded by Justice Sushil Nair

Menon has led the Singapore judiciary through a period of significant transformation: PMO

Electronics NODX surged 105.1% in June, up from 94.8% growth in May, which Enterprise Singapore attributed to robust global AI-related demand.

Economy & Policy

AI-fuelled electronics to keep Singapore exports resilient, but growth becoming increasingly concentrated

The gap between electronics and non-electronics exports widens further in June

Singapore’s June NODX expansion misses the 28.7% growth forecast by private-sector economists in a Bloomberg poll.

Economy & Policy

Singapore’s key exports rise 20.7% in June, missing forecasts despite AI-led electronics boom

Electronic shipments surge 105.1% during the month

The Court of Appeal has determined that Hin Leong’s trading losses were “not reasonably foreseeable” by Deloitte when it undertook the engagement of external auditor.

Energy & Commodities

Hin Leong’s US$2.6 billion claim against Deloitte struck out by apex court

Auditor is not liable for trading losses incurred by company from November 2015 to mid-April 2020

It might be tempting to take GovTech’s layoffs as a sign of economic trouble, but its detailed explanation should dispel such attempts at generalisation.

Opinion & Features

COMMENTARY

GovTech layoffs: ‘No one is safe’ or ‘No one is to blame’?

Clear explanations can help reduce the uncertainty and resentment that often accompany retrenchment exercises

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