Higher transport and insurance costs would make fuel shipped from the US less competitive in Indonesia. Read more at straitstimes.com.
Demand for flights to China has risen recently, Singapore Airlines exec says
Singapore Airlines has seen a surge in passenger traffic into China in recent months, but outbound travel has still not recovered to pre-pandemic levels, Chief Commercial Officer Lee Lik Hsin said on …
Shares of Genting companies in Malaysia slide as investors react to Genting Singapore’s leadership change, weak results
KUALA LUMPUR] Shares of Genting-linked companies tumbled on Thursday (May 15) as investors digested a surprise CEO exit at Genting Singapore and fresh concerns over corporate governance, amid broader …
Shares of Genting companies in Malaysia slide as investors react to Genting Singapore’s leadership change, weak results
KUALA LUMPUR] Shares of Genting-linked companies tumbled on Thursday (May 15) as investors digested a surprise CEO exit at Genting Singapore and fresh concerns over corporate governance, amid broader …
Singapore’s Frasers Property to take REIT private in a $1.1 billion deal
Thai business magnate Charoen Sirivadhanabhakdi’s Frasers Property has offered to take its Singapore-listed hospital real estate investment trust (REIT) private on Wednesday in a deal valuing it at …
Impact from Indonesia’s plan to cut Singapore fuel imports limited: Analysts
Indonesia’s plan to cut oil imports from Singapore amid US tariff talks may pressure trade flows, but experts here say the impact will be limited. This is as diversification of the economy into areas …
Tackling verification and authentication weak spots in Singapore’s financial services industry
Over the past five years, Singapore has seen a rise in fraudulent activities targeting financial services institutions (FSIs). Incidents range from money mules exploiting Singpass credentials to open …
Singapore ministers, lawmaker under scrutiny over dinners attended by convicted money launderer
Pictures of Singaporean ministers and a ruling party lawmaker together at dinners that included a man convicted in a high-profile $2.2 billion money laundering case have caused a stir in the …
Singapore’s Sea bets on fintech growth with new headquarters
SINGAPORE — Singaporean tech group Sea on Wednesday opened its new global headquarters for digital financial services, signaling a deeper push into the growing fintech business as the company …
Thai billionaire’s Frasers Property posts profit jump, plans China expansion
Frasers Property Ltd., the developer controlled by Thailand’s 3rd richest man Charoen Sirivadhanabhakdi, has posted surging profit in Singapore and is looking to expand in Chinese cities.