Singapore’s drug makers may be shielded from US pharmaceutical tariffs: Deputy PM Gan
New US levies on pharmaceuticals may not have an “immediate impact” on Singapore’s drug makers, Deputy Prime Minister Gan Kim Yong has said, adding the city state may pursue a ceiling on tariff rates similar to deals that Washington has with other countries. Gan, who is also minister for trade and industry, told reporters on […]
Read More‘Zero disruptions’ unrealistic, but Singapore vows stronger rail reliability
Singapore’s acting transport minister Jeffrey Siow has told parliament that while “zero disruptions” across the city state’s rail network is an unrealistic expectation, the government is boosting efforts to strengthen rail reliability and provide better support for commuters when incidents occur. “Train delays happen in every system, in every city,” Siow said during a parliamentary […]
Read MoreSingapore may ‘recognise a Palestinian state’, but only under certain conditions
Singapore will reconsider its position on recognising a Palestinian state if the situation continues to deteriorate, or if Israel takes further steps to extinguish a two-state solution, Minister for Foreign Affairs Vivian Balakrishnan has said. Singapore has always supported a negotiated two-state solution to the Israel-Palestinian conflict. “We will recognise the State of Palestine when […]
Read MoreSingapore beyond 60: Lawrence Wong vows to keep country ‘exceptional’
By Jean Iau Singapore’s Prime Minister Lawrence Wong mapped out his vision for the city state on Sunday in his first National Day Rally since his ruling party won the general election in May, promising to expand on a cross-border economic initiative and inject new life to northern towns. Noting that the country was at […]
Read MoreSingapore’s richest man dies at 98: Goh Cheng Liang’s journey to Nippon Paint tycoon
By Jean Iau Towards the end of his life, Goh Cheng Liang was known as the richest Singaporean, owning some of the world’s most luxurious superyachts, but his humble beginnings left an indelible mark on the elusive paint tycoon and spurred his philanthropic efforts. He died on Tuesday at the age of 98. Goh, the […]
Read MoreSingapore property tycoon linked to jailed minister pleads guilty
Property tycoon Ong Beng Seng pleaded guilty to one charge of obstructing justice on Monday in a landmark corruption case that led to the jailing of former transport minister S. Iswaran last year. However, both the prosecution and defence agreed to grant Ong judicial mercy given his chronic illness, and argued for him to be […]
Read MoreSingapore boosts support for Timor-Leste as it prepares to join ASEAN
By Hariz Baharudin The Straits Times SINGAPORE – Singapore will intensify its support for Timor-Leste’s government capacity building, as the region’s youngest nation prepares to join Asean as a full member. The upgraded Singapore-Timor-Leste Asean Readiness Support (Stars) package, now known as the enhanced Stars (eStars) package, will provide tailored assistance to help the South-east […]
Read MoreIs Singapore key for the US to fight against China as Tammy Duckworth says?
By Jean Iau Remarks by a US senator labelling Singapore as a key place for “fighting against” major rival China have offered a revealing glimpse into how some American politicians view the city state, amid Washington’s regional power struggle with Beijing. The comments came to light after clips of a Senate confirmation hearing on Wednesday […]
Read MoreSingapore can expect spending to rise to 20% of GDP by 2030: PM Wong
Wong says he expects to end with a surplus of $6.4 billion or 0.9% of Singapore’s GDP. Prime Minister Lawrence Wong warned that Singapore’s expenditure will continue to increase due to its need to invest more in workers and to better support a rapidly ageing population. At Budget 2025 on Feb 18, Wong noted that […]
Read MoreSingapore’s DBS flags higher margins, plans capital return
Singapore’s biggest bank DBS Group (DBSM.SI), opens new tab said it expects group net interest income to improve this year and announced a capital return dividend plan on Monday as it posted a 10% rise in fourth-quarter net profit, matching expectations. Southeast Asia’s largest bank by assets said it now expected group net interest income […]
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