Singapore

Singapore is going through a difficult transition, economically and politically, into a competitive new era that is not only about money and power. And now Tharman Shanmugaratnam, who was urged by Singaporeans to rise up as the country’s next Prime Minister, has been sworn in as Singapore’s 9th President.  He believes he can best serve Singapore in a different role …

Numerous cities in Asia, including in India and Malaysia, are emerging as major markets but Singapore stands firmly as the region’s major strategic hub. Be it a major American corporation  or a company from Europe, they regard Singapore for having the most conducive environment for business and being accommodative.  InCorp Global, a leading corporate services provider, believes Singapore’s strategic location, …

Corporations and industries in Singapore have not allowed a weak economy from raising salaries for their employees. The coming year looks good as wage hikes are likely to continue. The last 12 months saw large companies and SMEs raising wages, with major businesses planning to continue this trend into 2024.  However, hiring has stalled.  A survey by the Singapore Business …

Heavy downpour didn’t stop a 57-year-old Malaysian voter working for the past ten years in Singapore from fulfilling his responsibilities. C. Tamil, an engineer at a steel factory in the city-state, braved rain and rushed to the SMK Taman Bukit Indah polling station in Johor Bahru on Saturday to vote for the Pulai Parliamentary. He had to start working at …

Singapore’s former Deputy Prime Minister Tharman Shanmugaratnam, who resigned from the ruling People’s Action Party (PAP) earlier this year, scored a landslide victory on Saturday to become the city-state’s ninth president, replacing Halimah Yacob. More than 2.48 million votes were cast, with 50,152 rejected votes. While Tharman grabbed 70.4% of the votes in a crushing victory in the presidential contest, …

The trio of Singapore’s presidential candidates, Ng Kok Song, Tharman Shanmugaratnam, and Tan Kin Lian, engaged in a thought-provoking discussion on Monday (Aug 28) evening.  Broadcasted live on CNA, the forum delved into multifaceted matters, including the utilization of Singapore’s past reserves and the commitment to nurturing an inclusive and compassionate society. Unlocking Reserves and Crisis Considerations Addressing the role …

Hotel Properties, overseen by tycoon Ong Beng Seng and his wife Christina, has received government approval to embark on a groundbreaking redevelopment initiative encompassing three prime properties along Singapore‘s famed Orchard Road. The endeavor, estimated to cost between S$1 billion and S$2 billion, is poised to reshape the city’s iconic shopping strip, marking a significant transformation for the bustling district. …

Presidential candidate Tharman Shanmugaratnam has stated that the Presidential Election should not be reduced to past affiliations and that it would be a pity to rule out candidates based on this.  He mentioned that it would have been a great pity if past candidates such as Mr Ong Teng Cheong and Dr Tan Cheng Bock were excluded from previous elections.  …

Singapore’s recent arrest of 10 foreigners in a billion-dollar money-laundering case has uncovered an intricate web of alleged criminals who possessed passports from multiple countries. The arrested individuals were initially reported to be citizens of diverse nations, including China, Vanuatu, Cyprus, Türkiye, and Cambodia, but it has since been revealed that they were all originally from China’s Fujian province. In …

China’s state-owned Sinopec is among the interested parties considering the acquisition of Shell Plc’s iconic Bukom oil refinery in Singapore. Shell’s review of its refining and chemicals business has led to the consideration of divesting the Bukom refinery, a strategic asset, sparking interest from various quarters. Sources familiar with Sinopec’s internal discussions revealed that the Chinese refining giant is attracted …