Singapore dollar rises amid renewed U.S. tariff threats
The Singapore dollar gains ground against the U.S. dollar, driven by growing momentum in the so-called “sell America” trend triggered by renewed tariff threats.
The Singapore dollar gains ground against the U.S. dollar, driven by growing momentum in the so-called “sell America” trend triggered by renewed tariff threats.
Singapore’s Foreign Ministry has issued a firm rebuke to foreign embassies in the city-state, stating that it “rejects attempts by foreign embassies to incite domestic reactions to international issues involving third countries.”
Southeast Asia is witnessing a renewed surge in COVID-19 infections, with Singapore, Hong Kong, China, and Thailand all reporting sharp increases, raising concerns about a possible new wave of the virus across the region.
Singapore’s parliamentary election, set for May 3, will see 11 political parties competing for the 2.76 million registered voters in the city-state, with a population of 6 million. Here are the key parties and their platforms:
Singapore has directed Meta, the parent company of Facebook, to block Singaporeans' access to posts by three foreigners accused of attempting to influence the country's upcoming election along racial and religious lines.
Singapore’s Prime Minister warned that delayed U.S. tariffs still fuel global business uncertainty and hinder long-term investment planning.
Vietnam and Singapore have agreed to enhance cooperation in subsea cables, finance, and energy, upgrading their relations to a "comprehensive strategic relationship." They aim to expand digital connectivity and meet the growing demand for data services, with Singapore investing heavily in Vietnam.
Singapore will begin testing self-driving public buses on select routes starting mid-2026, aiming to evaluate their potential for widespread deployment, the Land Transport Authority (LTA) announced on January 27.
OCBC and UOB, Singapore’s second and third largest banks, project stronger loan growth in 2025 after exceeding third-quarter profit expectations. This outlook follows recent U.S. rate cuts, though geopolitical uncertainties could still impact markets, said OCBC’s CEO Helen Wong.
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