Singapore Provides Extra Support for Construction, Marine Sector

Singapore will provide an additional S$320 million ($233 million) of support for firms in the construction, marine shipyard and process sectors, the government said Saturday. That’s on top of a S$1.36 billion aid package announced in June. “The majority of an estimated 15,000 firms in the construction, marine shipyard and process sectors continue to face […]

Singapore Opposition Chair Calls for Inclusiveness After Poll

After 55 years of single-party rule in Singapore, a best-ever performance for the opposition in Friday’s vote shows the country is ready for an inclusive government with different views, Workers’ Party chairman Sylvia Lim said in an interview. Speaking to Bloomberg TV’s Haslinda Amin on Monday, Lim said the “hard-line, combative campaigning” that has been […]

Singapore’s Ruling Party Pledges to Overcome Virus in Manifesto

In this article Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. Singapore’s ruling party released an election manifesto that focused on tiding the city-state over the crisis stemming from the global coronavirus pandemic. \”);}.button3:after {content: url(\”data:image/svg+xml; utf8, […]

Hong Kong’s Rich Are Preparing for a Worst-Case Scenario

One Hong Kong businessman moved $10 million to Singapore and plans to transfer more. Another is eyeing London property, worried that prices in Hong Kong are too high. Well-to-do families across the city are opening offshore bank accounts and applying for alternative passports. While it doesn’t add up to an exodus just yet, Hong Kong’s […]

What Asia’s Best Restaurant Odette Has Planned in Post-Covid Era

A more casual restaurant model might be here to stay even after restrictions from the coronavirus lift, according to the chef at one of the world’s top restaurants. Chef-Owner Julien Royer of Odette, a Singapore restaurant that holds three Michelin stars in addition to the number-one position in Asia’s 50 Best Restaurants for a second straight […]

Singapore Boosts Virus Relief by S$33 Billion With Focus on Jobs

Singapore’s Finance Minister Heng Swee Keat delivered a fourth fiscal package of S$33 billion ($23 billion) to counter the economic fallout of the coronavirus, providing specific support to saving jobs. The latest measures will help businesses and workers affected by border closures and movement restrictions, Heng said in a Parliament session Tuesday. The new package […]

Singapore Outlines Criteria for Gradual Reopening as Cases Ease

Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. Singapore’s battle with the Covid-19 pandemic has not yet reached the half-way point, according to a key government minister, even as the country mulls how to lift its partial […]

Singapore Announces S$5.1 Bln Additional Stimulus On Covid-19 Shock

Singapore announced an additional S$5.1 billion (US$3.6 billion) stimulus to save jobs and protect the livelihoods of people amid the spread of coronavirus, or COVID-19, pandemic. This is the third stimulus package, which was unveiled by Deputy Prime Minister Heng Swee Keat on Monday, and covers wage subsidies and cash payout. With the latest announcement, […]

Singapore Announces S$5.1 Bln Additional Stimulus On Covid-19 Shock

Singapore announced an additional S$5.1 billion (US$3.6 billion) stimulus to save jobs and protect the livelihoods of people amid the spread of coronavirus, or COVID-19, pandemic. This is the third stimulus package, which was unveiled by Deputy Prime Minister Heng Swee Keat on Monday, and covers wage subsidies and cash payout. With the latest announcement, […]

Singapore Retail Investors Use Cheap Cash to Load Up on Stocks

Record low interest rates are tempting some retail investors in Singapore to load up on debt to buy shares, just as the coronavirus outbreak creates the most volatile markets since the global financial crisis. Earlier this year, 31-year-old insurance agent Heng Kai Sheng got advances on three separate credit cards to the tune of S$150,000 […]