Sri Lanka’s top court has ordered the owners of a Singapore-flagged container ship that sank in 2021 to pay $1 billion in compensation for causing the most severe marine environment catastrophe in the …
Sri Lanka orders Singaporean firm to pay US$1bil over marine disaster
The Sri Lankan government also filed a lawsuit against the ship’s owners in the Singapore International Commercial Court, claiming unspecified damages. That case has been put on hold pending a …
Las Vegas Sands Q2 profit jumps 22% on Singapore strength; Macau income dips
In contrast, Macau revenue growth was modest, with net revenue up 2.5% to $1.79 billion. Net income for Sands China Ltd fell 13% to $214 million, even as adjusted property EBITDA edged up 0.9% to $566 …
Las Vegas Sands aims for $2.7B Macau run rate as Singapore delivers record $768M EBITDA amid strategic reinvestment
Q2 2025 Management View Robert Glen Goldstein, Chairman and CEO, highlighted that “Marina Bay Sands had a historic quarter EBITDA of $768 million” and added, “All the pieces are in place for this …
Heavier anti-money laundering penalties could help Singapore maintain high standards as wealth hub
SINGAPORE] Authorities in Singapore appear to be kicking it up a notch, as they round up more individuals and entities for their involvement in a S$3 billion money laundering scandal unveiled in …
Singapore property investment sales fall for third straight quarter in Q2
Investment sales declined by 6.8% to S$5.47b during the quarter. Singapore’s real estate investment sales declined for a third consecutive quarter according to data from Savills, falling 6.8% QoQ from …
Las Vegas Sands’ $8B Singapore resort project breaks ground
Las Vegas Sands began work on an $8 billion expansion of its flagship Marina Bay Sands resort in Singapore, the latest big-ticket move by the Adelson family.
Singapore’s market is on the mend, but deeper issues remain
SINGAPORE] After a sluggish start to 2025, the Singapore Exchange (SGX) is finally showing signs of life. Read more at The Business Times.
Cheaper AI like China’s DeepSeek are ‘very welcome,’ says Singapore’s digital minister Josephine Teo
AI that’s been trained on English, and not one of Southeast Asia’s hundreds of different languages, “will perhaps not meet the requirements of Singapore.”
UOL, Frasers Property See Robust Sales At Upscale Singapore Residential Projects Despite New Property Curbs
Undaunted by the fresh property curbs introduced by the government two weeks ago, UOL Group and Frasers Property start selling their upscale residential projects in the Singapore central business …