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“But we are determined to do what is needed to respond to these risks and safeguard Singapore’s reputation as a trusted financial centre,” said Wong, who is also the city state’s finance minister, at a Financial Action Task Force event.
Sky-high property prices, exorbitant car ownership costs and expensive private medical care, among other factors, have kept Singapore the most expensive city for the super rich in 2024, according to a report by Julius Baer.
SINGAPORE -- Singapore Technologies Engineering, a state-backed defense conglomerate, on Tuesday began construction of a data center in the city-state to meet booming demand, after the government recently announced plans to boost the country's total capacity following a pause.
Singapore Airlines is no longer the best airline in the world as Qatar Airways now holds the top spot, according to air transport rating firm Skytrax.
The government plans to supply land that will potentially yield 11,110 private residential units this year, the Ministry of National Development said in a statement.
Shein, the fast fashion giant with links to China, has confidentially filed for a public listing in London as it faces backlash in the U.S., a person familiar with the matter told CNBC.
SINGAPORE -- A Singaporean heavy equipment manufacturer has started a mining venture in Papua New Guinea, joining Chinese, Australian and other miners in tapping the resource-rich country that has recently been troubled by civil unrest.
“Good progress” had been made with oil spill clean-up efforts on Sentosa’s beaches, the resort island said on Sunday.