Singapore and Australia reaffirmed their strategic cooperation in a critical energy and essential supplies agreement on April 10.
Category: Singapore
Singapore rejects talks with Iran over shipping route
On April 7, Dr Vivian Balakrishnan, Singapore’s Minister for Foreign Affairs (MFA), stated that Singapore would not negotiate with Iran concerning the shipping route through the Strait of Hormuz.
Singapore detects first domestic cases of transmitted Mpox
Singapore has confirmed its first locally transmitted cases of mpox involving the more severe clade 1b variant, the Communicable Diseases Agency (CDA) announced on April 2.
Estonian unicorn Veriff expands into Singapore
As reported by This Week in Asia on April 2, Estonian unicorn startups, Veriff and other companies, are targeting Southeast Asian markets and positioning Singapore as a gateway to enter the region’s market.
Singapore launches deposit return scheme for beverages containers
On April 1, Singapore launched a new scheme which allows consumers to return empty beverage containers in exchange for a small deposit refund.
Thai AI startup Amity raises US$100M, expands R&D in Singapore
Southeast Asia’s largest generative AI company, Amity Group, has spread its wings to the Southeast Asian market when it announced a Series D funding round on March 25.
Singapore postpones Sustainable Aviation Fuel levy amid Middle East tensions
Singaporean authorities announced that they would postpone the imposition of the Sustainable Aviation Fuel (SAF) levy on March 25. The SAF levy, which is originally scheduled to take effect for airline purchasers and other companies from April 1 and on, has been temporarily halted due to the tension in the Middle East by the Civil Aviation Authority of Singapore (CAAS).
China’s new five-year plan signals tech push for Singapore firms
On March 23, China has unveiled its 15th Five-Year Plan following the conclusion of the “Two Sessions”, setting out its economic priorities for the next five years.
Singapore equity reforms spur rising demand for research analysts
Financial institutions in Singapore are expanding their equity research teams as renewed momentum builds in the domestic stock market.
Indonesia strengthens trade ties with Singapore and Malaysia
On March 15, Deputy Minister of Trade Dyah Roro Esti held bilateral talks with Deputy Prime Minister and Trade Minister Gan Kim Yong of Singapore and Deputy Minister of Investment, Trade and Industry Sim Tze Tzin of Malaysia to strengthen regional trade and investment cooperation.