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Singapores

Singapore’s ComfortDelGro will bid for Melbourne’s rail line as it takes its public transport model global

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ComfortDelGro, which operates Singapore’s Northeast and Downtown lines, is partnering with East Japan Railway Company (JR East) and UGL to form the Melbourne One Rail Consortium to bid for the Melbourne Metropolitan train network sometime next year, when regulators open the tender. “The bidding team marries world-class Japanese and Singaporean customer service and efficiencies with … Read more

Airport expansion race in Asia heats up with Singapore’s Changi T5

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Asia is set to see a travel boom, and countries in the region are gearing up to exploit this surge in demand. Singapore’s Changi Airport on Wednesday broke ground on its fifth terminal, which is expected to be operational in the mid-2030s. The new terminal, which sits on a plot of land 1,080 hectares large, … Read more

“US Market Central To Growth Strategy,” Says Singapore’s Crypto.com, Sets Shop In Washington DC

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“The US market is central to the growth strategy of Crypto.com and the most exciting frontier for our entire industry,” said Crypto.com, announcing the establishment of a North America regional office in Washington DC, on 7 May 2025.  Commenting on the development, Matt David, President of North America and Chief Corporate Affairs Officer of Crypto.com … Read more

Singapore’s Vision for AI Safety Bridges the US-China Divide

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The government of Singapore released a blueprint today for global collaboration on artificial intelligence safety following a meeting of AI researchers from the US, China, and Europe. The document lays out a shared vision for working on AI safety through international cooperation rather than competition. “Singapore is one of the few countries on the planet … Read more

Singapore’s PAP boosts vote share in landslide victory

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Singapore Prime Minister Lawrence Wong of the People’s Action Party (PAP) waves to supporters as he celebrates at the party’s gathering centre during the general election results, in Singapore on May 3, 2025. Singapore’s ruling party headed for a crushing victory at general elections on May 3, sample counts showed, with voters giving Prime Minister … Read more

A failed takeover bid by Global 500 insurer Allianz is now a political hot potato in Singapore’s election

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Around 2.75 million Singaporeans are eligible to vote in the Southeast Asian country’s general election on May 3, and choose a prime minister to lead the city for the next half decade. And in the nine days of the election campaigning, one of the world’s shortest, a failed deal between Allianz, the Global 500 insurance … Read more

Singapore’s luxury car sales plummet after money-laundering scandal

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Stay informed with free updates Simply sign up to the Automobiles myFT Digest — delivered directly to your inbox. Luxury car sales in Singapore have plummeted as buyers shun ostentatious displays of wealth after the government raised taxes on the vehicles and stepped up due diligence checks in response to a $2bn money-laundering scandal. The … Read more

Morgan Creek-backed crypto custodian Hex Trust secures Singapore’s license for OTC push

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Hex Trust has received a Major Payment Institution License from the Monetary Authority of Singapore, allowing it to offer cross-border money transfer services. Cryptocurrency custodian Hex Technologies Pte. Ltd. said on Thursday, March 6, it received a license from the Monetary Authority of Singapore that would allow it to offer a “fully-integrated solution” including custody, … Read more

Singapore’s annual GDP expands at fastest pace since 2021 at 4.4%

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An undated photography of a night view of the Singapore skyline from the Marina Barrage. Calvin Chan Wai Meng | Moment | Getty Images Singapore’s GDP expanded by 4.4% in 2024, marking its fastest growth since 2021, government data showed Friday, getting a boost from wholesale trade, finance and insurance, and manufacturing sectors. The economy … Read more

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