Singapore's economy grew 2.9% in the April-June quarter from a year earlier. (Photo by Ken Kobayashi)
Economy

Singapore upgrades full-year GDP growth forecast to 2-3%

Trade ministry says manufacturing sector will recover gradually in second half

13 August 2024
Though the majority of Asian countries did not join in the West's sanctions against Russian oil, they are expected to abide by them.
Opinion

'Dark fleet' of oil tankers risk more maritime disasters in Asia

The West needs to bring Russian oil shipping out of the shadows

12 August 2024
HP has built up a massive China-focused supply chain for PCs but is now looking to reduce its reliance on Asia's biggest economy.   
Supply Chain

HP plans its most aggressive shift of production away from China

Thailand emerges as major factory destination as PC maker hires engineers in Singapore

7 August 2024
The skyline of Shenzhen, China. The country has been struggling to recover property investment sentiment since it launched a crackdown in 2020. (Photo by Yusuke Hinata)
Market Spotlight

As China's property market slumps, foreign investors get pickier

Singapore capital ticks up while Western buyers shy away from commercial sites

5 August 2024
GDP for the ASEAN six is expected to increase by an average of 5.1% annually until 2034, outpacing China's projected growth of 3.5% to 4.5%. (Source photos by Ken Kobayashi and Reuters)
Economy

Southeast Asia to outpace China's GDP growth and foreign investment: report

Think tank projects 5.1% average growth next decade in six key economies

1 August 2024
Members of the World Trade Organization released an agreement on e-commerce rules following negotiations that began in 2017.
Trade

WTO members reach digital trade deal to ban tariffs on data

Proposed e-commerce rules also cover cybersecurity and regulatory transparency

27 July 2024
Singapore's inflation figures came in lower than expected.
Economy

Singapore keeps monetary policy tight, lowers inflation outlook

Central bank expects price pressure to ease further later this year

26 July 2024
The RTS Link, seen here in an artist rendering, will have the capacity to handle 10,000 passengers per hour in each direction. (Singapore Land Transport Authority)
International relations

Singapore and Malaysia bolster ties with rail, special economic zone

Commuter line to ease border congestion while 3,500 sq. km area to promote investment

21 July 2024
A container ship sails in waters south of Singapore: The country's export-oriented economy grew 2.9% year-on-year in the second quarter of 2024.
Economy

Singapore Q2 GDP grew 2.9%, beating economist forecasts

City-state expects 1% to 3% expansion for 2024 as external demand recovers

12 July 2024
Ministers from IPEF member countries gather for a photo session at their meeting in Singapore on June 6. (Photo by Ng Chun Kiat)
International relations

Singapore, India, others pitch 'clean' projects in U.S.-led framework

Washington keen to back green shift in IPEF member countries to counter Beijing

6 June 2024
Taylor Swift fans sing outside National Stadium ahead of a concert in Singapore on March 8. The American superstar made Singapore her only Southeast Asian stop on her global tour.  (Source photos by Reuters)
Economy

Taylor Swift buoys Singapore GDP to 2.7% Q1 growth

City-state basks in concert tourism glow but export expansion continues to slide

23 May 2024
Singapore's new Prime Minister Lawrence Wong and Senior Minister Lee Hsien Loong share a laugh at the Istana in Singapore on May 15.
19 May 2024
Singapore's fourth Prime Minister, Lawrence Wong, speaks to supporters at a community event after the swearing-in ceremony on May 15. 
Politics

Lawrence Wong, Singapore's new PM, begins term: 5 things to know

51-year-old leader edges toward election as change comes in bunches

18 May 2024
Lawrence Wong speaks after he is sworn in as Singapore's new prime minister on May 15.
Politics

Singapore PM Lawrence Wong vows to lead in 'own way' at inauguration

Successor to Lee Hsien Loong calls on younger citizens to 'join our team'

16 May 2024
Lawrence Wong, left, will succeed Lee Hsien Loong as Singapore's prime minister on May 15. (Nikkei montage/Source photos by AP and Tomoki Mera)
Asia Insight

New Singapore PM Lawrence Wong's test: Change with continuity

Incoming leader expected to 'refresh' job support, 'listen' to diverse voices

14 May 2024
U.S. President Joe Biden, center, with Indian Prime Minister Narendra Modi and Japanese Prime Minister Fumio Kishida at an IPEF event in Tokyo in 2022.
Opinion

Asia-Pacific free trade pacts have been a big success for the U.S.

Singapore agreement shows benefits in terms of strategic competition with China

13 May 2024
Singapore's new leader, currently Deputy Prime Minister Lawrence Wong, speaks to media on April 16. 
Your Week in Asia

Wong takes helm in Singapore, Japan economy data, Australia budget

Your weekly lineup of Asia's biggest business and political events

12 May 2024
Persistent inflation has led central banks to refrain from cutting interest rates, increasing pressure on borrowers servicing payments and on banks' payouts to depositors.
Finance

ASEAN banks grapple with uncertain U.S. Fed interest rate cuts

From loan stresses to payouts, lenders manage murky financing prospects

10 May 2024
Lawrence Wong, the 51-year-old deputy prime minister of Singapore, will succeed Prime Minister Lee Hsien Loong on May 15. (Nikkei montage/Source photos by Ken Kobayashi, Mayumi Tsumita and Reuters)
Asia Insight

Lawrence Wong, Singapore's next PM, seeks growth in 'troubled world'

From falling births to regional hub race, challenges will mount after May handover

23 April 2024
Singaporean Prime Minister Lee Hsien Loong, left, and Deputy Prime Minister Lawrence Wong. (Source photos by Uichiro Kasai and Mayumi Tsumita)
Politics

Lee Hsien Loong to step down as Singapore prime minister in May

51-year-old Wong to take over in city's first leadership change in 20 years

16 April 2024
Jewel Changi Airport, a popular tourist spot in Singapore. The city-state's economy grew 2.7% in the first quarter of 2024.
Economy

Singapore Q1 GDP growth ticks up to 2.7% on 'strong' tourism recovery

City-state keeps monetary policy unchanged as inflation remains sticky

12 April 2024
China is increasing its economic clout in Southeast Asia as its rivalry with the U.S. intensifies.
International relations

Majority of ASEAN people favor China over U.S., survey finds

In a first, Beijing becomes Southeast Asia's preferred choice over Washington

2 April 2024
Fans pose outside Taylor Swift's concert venue in Singapore on Mar. 2: Event tourism has taken on more significance after the enforced isolation of the COVID era.
Opinion

Singapore's Taylor Swift jackpot about more than exclusivity

With planning, city-state has assembled compelling package for event organizers

29 March 2024
The Dali apparently lost power and smashed into Baltimore's Francis Scott Key Bridge while sailing out of the harbor early on March 26.
Transportation

Singapore starts dual probes of Baltimore bridge collapse

Maritime authorities to scrutinize potential rule breaches in deadly accident

28 March 2024