Guan Dian, Patsnap's co-founder and Asia-Pacific general manager, speaks to Nikkei Asia in Singapore. (Photo by Tsubasa Suruga)
Artificial intelligence

Singapore unicorn Patsnap to expand AI-powered patent search

Startup developing industry-specific models for pharma, materials and more

19 August 2024
Prime Minister Lawrence Wong speaks at Singapore's National Day Rally on Aug. 18. (Ng Siew Chwee/Ministry of Digital Development and Information)
Politics

Singapore PM Wong calls for 'major reset' with R&D push, regulatory review

U.S. stance toward China 'hardening' no matter who wins presidential election

19 August 2024
VP Bank is set to close its Hong Kong office after the resignations of its Asia chief executive and chief operating officer. 
Wealth Management

Liechtenstein's VP Bank to exit Hong Kong after 18 years

CEO Pamela Hsu Phua and COO Heline Lam resign; Singapore office to focus on Asia

16 August 2024
Grab accounted for 54% of ASEAN’s food delivery gross market value in 2023. (Photo by Dylan Loh)
Technology

Singapore's Grab sinks after group misses revenue forecast

Nasdaq-listed superapp provider struggles to shore up investor confidence

16 August 2024
Singapore e-commerce and gaming group Sea released second-quarter earnings on Aug. 13.
Technology

Shares in Singapore's Sea soar 11% on raised guidance

Tech group expects value of goods sold by shopping platform Shopee to grow 20% in 2024

14 August 2024
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
The Disney Dream cruise ship docks at an island in the Bahamas. The group has five vessels in its current fleet. (Photo obtained by Nikkei)
Travel & Leisure

Disney takes its cruise ships to Singapore, Japan in major expansion

Fleet will more than double by 2031 with new operations in Asia

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
Tan Su Shan, right, was appointed DBS Group Holdings deputy chief executive on Aug. 7 and will replace Piyush Gupta, left, as CEO next year. They are pictured with DBS Chairman Peter Seah. (DBS Group Holdings)
Finance

Singapore's DBS chief Piyush Gupta to step down after 15 years

Deputy CEO Tan Su Shan to take post next year as first female leader

7 August 2024
Singapore has much in its favor for becoming one of the world's leading climate tech hubs, such as a strong startup ecosystem and government mandates for net-zero.
Opinion

Singapore's climate tech startups are set to clean up

While facing various hurdles, the city-state is well positioned to become a global hub

7 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
Mike McDermott, chief global supply officer and executive vice president at Pfizer, speaks at the opening of Pfizer's new plant in Singapore's Tuas Biomedical Park on July 23. 
Pharmaceuticals

Singapore gets Big Pharma rush to invest in plants for aging region

Pfizer, AstraZeneca and Novartis to expand production for cancer and other drugs

5 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
Stream article image
Podcast: News Roundup

Malaysia and Singapore crack down on social media

Tune in to Nikkei Asia's podcast, bringing the region's key news to global listeners

2 August 2024
Malaysian ministers say the new licensing system for social media and messaging services is a necessary step to safeguard the online space. Civil society groups have strongly criticized it as a move toward increased censorship and authoritarianism. (Photo by Norman Goh)
Cybersecurity

Malaysia's new social media rules draw mixed reactions

Opposition concerns over curbs on freedoms contrast with calls to tackle cybercrime

1 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
Singapore's Temasek says that profits from investments in the U.S. and India are cushioning underperformance in China. (Photo by Keiichiro Asahara)
Business trends

Singapore's Temasek plans to invest up to $30bn in U.S. over next 5 years

Will target sectors such as health care, financial services and tech

30 July 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
Grab has abandoned a plan to acquire Singaporean taxi operator Trans-cab in light of concerns from authorities that the merger would reduce competition in the market. 
Transportation

Grab ends plan to acquire Singapore taxi firm Trans-cab

Companies withdraw application after antitrust watchdog raised concerns

25 July 2024
China has "come to the end of its growth model" as the property slump continues to weigh on its economy, said GIC chief investment officer Jeffrey Jaensubhakij.
Property

GIC shifts to 'niche' real estate deals in China amid oversupply

Singaporean investor to reorient local team to make bets more granular

24 July 2024
Singapore's National Hydrogen Strategy calls for low-carbon hydrogen usage as a "major decarbonization pathway" to help it reach its emissions goal of net zero carbon by 2050.
Opinion

Singapore must import clean energy from ASEAN neighbors

City-state faces quandary over production of blue or green hydrogen

24 July 2024
Singapore will require social media and online marketplaces to detect and act against scams and other malicious activities. (Photo by Fumika Sato)
Cybersecurity

Malaysia and Singapore tighten oversight of Facebook, others

Southeast Asia grapples with malicious activities on social media and market sites

23 July 2024
Grab has acquired Chope's businesses in Singapore, Indonesia and Thailand for an undisclosed sum. (Source image by Grab; screenshot from Chope's website)
Business deals

Grab to enter restaurant booking business through acquisition

Super app buys Chope's business in Singapore, Indonesia and Thailand

22 July 2024