21 contenders for SG’s five digital banking licenses

Singapore’s Monetary Authority of Singapore (MAS) has confirmed a total of 21 applications for its digital banking licenses. Seven bids came through for the digital...

Singapore fake news law to face legal challenge 

A Singapore opposition party says it will legally challenge government corrections under the so-called fake news law, which came into effect in October. The Singapore...

Singapore’s economy limps into 2020

Singapore's economy grew by just 0.7 per cent during 2019 as the US-China trade war disrupted the financial hub along with a cyclical global...

U Mobile and StarHub to conduct world’s first 5G SA roaming trials

Malaysia’s U Mobile and Singapore’s StarHub have announced on Monday (Dec 30) that they will be conducting one of the world’s first 5G standalone...

KL and Singapore ranked among world’s most hardworking cities

Two of the top five hardest working cities in the world are in Southeast Asia, according to a report published in August this year. US-based...

Vietnamese tanker captain jailed for Singapore oil theft 

A Vietnamese oil tanker’s captain has been jailed for more than 5½ years in Singapore for his involvement in the theft of approximately US$150...

POFMA to shape SG political conversation

Last month, naturalised citizen and political figure Brad Bowyer corrected his Facebook post to comply with Singapore’s newly enacted Protection from Online Falsehoods and...

Singapore targets opposition with fake-news law

A Singaporean opposition leader has been forced under the so-called fake news law to amend a Facebook post that criticised state education spending. The...

Singapore property chiefs warn of property glut 

Singaporean property developers say an oversupply of apartments and a stagnating economy are set to suppress housing prices.  The president of the Real Estate Developers Association of...

Masatsugu Asakawa is new ADB head

Masatsugu Asakawa is the new president of the Asian Development Bank (ADB). Asakawa, who is currently serving as a special advisor to Japan’s prime minister...

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Thailand welcomes long-term tourists

Thailand on Tuesday has approved the entry of foreign tourists who will agree to undergo a 14-day quarantine. According to a report by the Bangkok...

ADB vows two-fold funding support for Indonesia

The Asian Development Bank (ADB) has committed to double its funding subsidy to Indonesia in a bid to support its economic recovery amid the...

Pilipinas Shell shuts down refinery amid global pandemic

One of the largest fuel producers in the Philippines is shutting down its sole refinery as the coronavirus pandemic continued to take its toll...