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The Latest Breaking News from Singapore

Citi Aggressively Chases Growth In Asia, Especially China Amid Odds

In an interview with Reuters, Citigroup, Inc (NYSE:C) Asia chief shared plans to appoint 3,000 new employees for its Asia institutional business in the next few years. Asia became a battlefield for global banks chasing its vast economies, growing wealth, and relative growth beat most other places. Peter Babej saw the accumulated wealth…

Benzinga

Singapore prime minister promotes likely successor to deputy

Singapore Prime Minister Lee Hsien Loong has promoted his finance minister as his deputy as part of a succession plan

The Independent UK

Singapore’s PM-in-waiting embodies broader shift in finance hub

In Asia’s wealthiest nation, where the education system is among the world’s best, Singapore’s prime minister-in-waiting has appeared surprisingly unassuming.

Bangkok Post

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UFC 275 ‘Embedded,’ No. 1: ‘Let’s rock and roll, baby!’

The UFC heads to Singapore for its sixth pay-per-view of the year, which means the "Embedded" video series is back behind the scenes.

USA Today Sports Media Group

‘A dangerous act’: how a Chinese fighter jet intercepted an RAAF aircraft and what happens next

Government says PLA J-16 forced Australian P-8 on routine surveillance into a dangerous manoeuvre over South China Sea

The Guardian - AU

Factbox: Singapore's PM-in-waiting takes new step towards leadership

Singapore's finance minister, Lawrence Wong, will be promoted to deputy prime minister on June 13, according to an official statement released on Monday, taking a step closer to becoming the leader of the city-state.

Reuters

Singapore names Wong as Deputy PM as succession plan advances

Singapore’s Finance Minister Lawrence Wong was named deputy prime minister in a minor cabinet reshuffle Monday, advancing a succession plan that would see him eventually take over from Lee Hsien Loong as the country’s next leader.

Bangkok Post

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Singapore PM appoints future successor Wong as new deputy

Singapore Prime Minister Lee Hsien Loong on Monday named finance minister and chosen successor Lawrence Wong as his new deputy effective next week, paving the way for him to become the city state's next leader.

Reuters

China's Ant Group launches digital bank ANEXT in Singapore

BEIJING: China's Ant Group, a financial technology (fintech) giant controlled by billionaire Jack Ma, on Monday said it has launched a digital wholesale bank incorporated in Singapore, dubbed ANEXT Bank.

Bangkok Post

Paetongtarn tests positive

Paetongtarn Shinawatra, Pheu Thai Party's chief of the Inclusion and Innovation Adviser Committees, has contracted Covid-19 after visiting her father, former premier Thaksin Shinawatra, in Singapore on Saturday.

Bangkok Post

Tourism NT starts push to increase wet season tourism in Greater Darwin, drive up visitation year-round

When the humidity rises during Darwin's wet season, tourism numbers plummet and so does business. But the NT tourism department is exploring how the region can overcome that, drawing on the likes of Singapore and Bali for inspiration.

ABC News

Singapore’s chicken supply assured via Thailand, other sources: Minister

Singapore expects to receive more chicken imports from several countries in the coming weeks, a minister said, helping the city-state maintain supply even after Malaysia halted exports at the start of the month.

Bangkok Post

Yung Raja: ‘I’m trying to let everybody know how dope Singapore is and what’s popping here’

The Singaporean-Tamil rapper is busy expanding his territory of fans, impressing US hip-hop veterans and talk show hosts. He speaks to Peony Hirwani about musical fusion, future projects, and representing Singapore

The Independent UK

Richard Marles eyes meeting with US defence secretary at Singapore forum

Defence minister’s attendance at high-level security conference the latest in flurry of diplomatic activity by new Labor government

The Guardian - AU

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Benzinga

Here's Why Society Pass Shares Are Trading Higher Premarket

Society Pass Inc (NASDAQ:SOPA) has acquired Singapore-based Gorilla Networks Pte Ltd, a leading next-generation Web3-enabled MVNO. The financial terms of the transaction remain undisclosed. Gorilla offers a full suite of mobile communication services like local calls, international roaming, data, and SMS texting. Gorilla enables its customers to convert unused mobile data into digital…

The New Daily

Twenty-four hours on a budget airline: Scoot tempts Australians with $300 fares to Europe

Scoot, the budget airline from Singapore, is celebrating its 10th anniversary with discount fares from Australia to London, Berlin and Athens.

The Hindu

Assam bureaucrat suspended for misbehaviour with foreign delegates

ASEAN and Singapore delegations had raised complaints regarding ACS officer Barbie Hazarika’s behaviour

Motorsport

How F1 budget cap is reining in one-off developments

The budget cap has obliged Formula 1 teams to cut back on developing specialised parts that might only be used at one circuit.

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Benzinga

MAS To Explore the Economic Potential of DeFi

The Monetary Authority of Singapore (MAS) has announced the commencement of “Project Guardian”, a collaborative initiative with the financial industry that seeks to explore the economic potential and value-adding use cases of asset tokenization.

The Independent UK

Malaysia suspends chicken exports amid rising food prices

Malaysia suspended exports of live chickens Wednesday

The Guardian - UK

‘Like McDonald’s with no burgers’: Singapore faces chicken shortage as Malaysia bans export

Move to ease inflation threatens city-state’s de-facto national dish of poached chicken and rice

Bangkok Post

Singapore Airlines eyes overseas hub after being trapped by Covid

Singapore Airlines Ltd is committing to a strategy of working with international partners and establishing overseas hubs after the pandemic exposed the financial dangers of not having a domestic air travel market.

Reuters

Singapore's de-facto national dish in the crossfire as Malaysia bans chicken exports

Singapore is bracing for a shortage of its de-facto national dish, chicken rice, as major supplier Malaysia halts all chicken exports from Wednesday.

Bangkok Post

Singapore tech salaries may soar up to 30%

Technology-sector salaries in Singapore are set to soar in the next couple of years amid a hiring boom particularly in finance, according to Singapore's media.

Bangkok Post

Vibrant colours to return to Singapore in light festival

Travellers to Singapore this month will be able to see the vibrant colours of the Lion City at night as the i Light Singapore Festival returns to Marina Bay from June 3-26. It's a collaboration of the Urban Redevelopment Authority and DBS Bank to raise awareness of sustainability and spark…

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