Page 10 - Singapore

DBS posts record quarterly profit, sees 2025 dip from tax changes

The bank also announced that its board had established a new share buyback programme of S$3 billion

Singapore urges all parties to reach ceasefire in Gaza, release hostages

Singapore has urged all parties in the ongoing Israel-Palestine conflict to reach a humanitarian ceasefire in Gaza and immediately release of all hostages unconditionally. Foreign Minister Vivian Balakrishnan also expressed Singapore's "deep concern" over the Israeli Parliament's recent legislation that bans UN Palestinian refugee agency UNRWA from operating in Israel and occupied East Jerusalem. The law was passed on October 28. The concern is how it "will hamper or hinder the essential work of UN agencies in providing relief to the people in Gaza and beyond", he said. "Singapore commends the work of Unicef, UNRWA and the other UN agencies for the essential role they provided and continue to provide for life-saving support in Gaza," he said, ahead of a ceremony that saw local charity Rahmatan Lil Alamin Foundation (RLAF) handing over SGD700,000 to UN children's agency Unicef. "We urge all parties to adhere to international law, including that we respect and protect the individual

Singapore slams 'smear campaign' from ex-PM Lee Hsien Loong's brother

The escalating war of words between the city's government and Hsien Yang stems from a bitter, yearslong family feud

Singapore hides repression, corruption, says son of its ex-PM Lee Kuan Yew

Singapore has become much more repressive, and corruption in the Asian financial hub has worsened in the decade since the death of former Prime Minister Lee Kuan Yew, according to his youngest son who fled to Britain to seek asylum from what he described as a campaign of persecution to silence him. Lee Hsien Yang, who has been granted political refugee status in the UK, told The Associated Press that Singaporean authorities have weaponised the country's laws against critics and that he is just the most prominent example of a growing number of Singaporeans fleeing abroad to seek protection from their own government. Lee cited a tightening of laws on security and rights of assembly and a sharp increase in the number of asylum-seekers from the city-state over the past decade under the rule of his estranged brother, Lee Hsien Loong, who was prime minister until he stepped down earlier this year. Singapore has this veneer that purports to be a sort of affluent, democratic, free country.

Need for partnership between defence R&D teams of India, Singapore: Prez

President Droupadi Murmu on Tuesday said there is a need for closer collaboration between research and development teams of India and Singapore to benefit from the latest expertise and technological advancements. Welcoming Singapore's Defence Minister Ng Eng Hen, who had called on the President at the Rashtrapati Bhavan here, she said the two countries have a rich history of bilateral cooperation, which has been further boosted by the recent visit of Prime Minister Narendra Modi to the South East Asian country and the conclusion of the 2nd round of India-Singapore ministerial roundtable meeting. Murmu was happy to note that the bilateral relationship has been elevated to a comprehensive strategic partnership, according to a statement by the President's office. She also noted the need for closer collaboration between defence research and development teams of both countries, to benefit from the latest expertise and technological advancements in the defence domain, the statement ...

First Asean-India cybersecurity policy dialogue held in Singapore: MEA

A key ASEAN-India policy dialogue was held in Singapore on Wednesday during which both sides exchanged views on cyber threat, national cyber policies, and the recent developments in the ICT domain at the United Nations. The First ASEAN-India Track 1 Cyber Policy Dialogue explored cooperation in capacity building and training to identify specific areas of activities, the Ministry of External Affairs said. As announced by Prime Minister Narendra Modi on October 10 during the 21st ASEAN-India Summit held in Vientiane, Lao PDR, this dialogue was held on Wednesday in Singapore, it said. The dialogue was co-chaired by Amit A Shukla, who is Joint Secretary in the Cyber Diplomacy Division of the Ministry of External Affairs, and Jeffrey Ian Dy, the Undersecretary for Infrastructure Management, Cyber Security, and Upskilling, Department of Information and Communications Technology of the Philippines, the Philippines being India's Country Coordinator for ASEAN-India dialogue relations. "Duri

No bomb found aboard Air India Express plane, says Singapore police

No bomb was found aboard an Air India Express plane which landed in Singapore more than an hour after its scheduled arrival time, the police said on Wednesday. The police said it found no bomb after completing security checks at Changi Airport on the low-cost carrier's aircraft from the Indian city of Madurai. The airline received an e-mail about a bomb on flight AXB684 scheduled to land at Changi Airport in Singapore at 8.50 pm on Tuesday. The flight escorted by two F-15 fighter jets from the Republic of Singapore Air Force (RSAF) landed at 10.04 pm. The police said they were informed of the bomb threat at 8.25 pm and completed checks after the plane landed, reported The Straits Times. Investigations are ongoing and action will be taken against those who intentionally caused public alarm, the police said. Flight tracker Flightradar24 showed the plane was circling for about an hour east of Singapore before landing. Defence Minister Ng Eng Hen in a Facebook post said: Two of our

10 Indian flights receive bomb threats in 48 hours; security tightened

Singapore scrambled two Singapore Air Force F-15 jets to escort Air India Express flight IX684. The flight landed safely at Changi Airport at 10:04 pm on Tuesday

Singapore scrambles 2 jets to escort A-I Express plane after bomb threat

The Air India Express plane operating flight IX 684 from Madurai to Singapore had received a bomb threat

Singapore to block Allianz deal for income but open to new offer, says PM

Culture, Community and Youth Minister Edwin Tong had earlier told parliament it would not be in the public interest for the government to approve the deal in its current form

Singapore opposition leader Pritam Singh's trial begins before elections

Singh was formally named leader of the opposition in 2020, the first such designation in Singapore's history. His Workers' Party has cast itself as being able to serve as a check on the PAP

Singapore PM honours Ratan Tata, calls him 'true friend of Singapore'

Prime Minister Lawrence Wong has paid homage to Ratan Tata who made valuable contributions to Singapore's economic transformation, calling him a true friend whose legacy will be cherished in the country. The former Tata Group chairman passed away on Wednesday evening aged 86. In a post on Facebook and other social media platforms, Wong on Thursday said Ratan Tata had a long association with Singapore. "He was a true friend of Singapore and we will cherish his contributions and legacy." He was a strong advocate of our country, and made valuable contributions to our economic transformation, said Wong. The Tata group has a large presence in Singapore since the late 1960s when JRD Tata visited Singapore. Ratan Tata grew the seedling of India-Singapore industrial relations into over 15 operating companies in the city-state -- covering IT, Shipping, Engineering, Energy and Financial Services. The group formally entered Singapore in 1972, forming the Tata-Government Training Centre for

Singapore keeps monetary policy unchanged as inflation risks linger

Federal Reserve last month delivered a larger-than-usual half-percentage-point reduction, while the European Central Bank is tipped to cut rates next week for the third time this year

Ex-Singapore Minister Iswaran accepts charges, begins 12-month jail term

S Iswaran has was accused of accepting gift worth $306,000 from Malaysian billionaire Ong Beng Seng and businessman David Lum

India to Singapore, HK: Uber rich shift $235 bn to offshore family offices

Hong Kong ranked fourth with $70 billion in transferred assets to Singapore; the rest of Asia collectively parked over $370 billion in the island nation.

Singapore ends 181 years of horse racing to make way for new homes

More than 120 hectares to be bulldozed for new homes to accommodate the growing Singaporean population that crossed 6 mn this year

Singapore's F1 mogul charged in Indian-origin ex-minister's graft case

Business tycoon Ong Beng Seng, widely recognised as the figure responsible for bringing Formula 1 to Singapore, was charged with offences in a high-profile corruption case involving S Iswaran

Singapore announces new measures to tackle money laundering activities

Singapore intends to flag and strike off companies that are inactive, increase data sharing across government agencies, and from next week educate non-regulated sectors

Singapore, among least corrupt nations, jails ex-minister for first time

A Singapore court has sentenced ex-minister S Iswaran to 12 months for accepting over $300,000 in gifts - an event which marks the first jail time for a former cabinet member in Singapore's history

Hindi's role to grow with India's global impact: Singapore business leaders

The fusion of Hindi -- spoken by 57.2 crore people in India and another 50 crore globally -- with cutting-edge technology opens a realm of possibilities for businesses, allowing them to tap into vast, previously inaccessible, markets, a top Singapore business leader has said. Neil Parekh, chairman of the Singapore Indian Chamber of Commerce and Industry, said, "As we transcend the world of digitalisation, where boundaries between cultures and markets are increasingly blurred, language has emerged as a crucial bridge connecting people, ideas and opportunities." Speaking at the Global Hindi Excellence Summit - 2024, held over the weekend, he underscored the growing importance of Hindi for working in the fast-paced development of the Indian economy. He called the summit a platform with immense significance in promoting the richness of the language and culture on a global stage. The theme for the summit -- "Hindi Excellence in this Era of Innovation" -- reflects how language and ...