SINGAPORE — Singapore has formed a new Growth Capital Workgroup to strengthen how companies raise money across every stage of growth, from seed funding for start-ups to late-stage financing and initial public offerings (IPOs). The workgroup will recommend measures to…
TANJUNG SEPAT, Selangor — Selangor’s 114 pig farms say they fear for their future as the state government accelerates plans to close them. The move follows a decree by Selangor’s ruler, Sultan Sharafuddin Idris Shah, calling for porcine farms in…
Business leaders in Singapore have welcomed Budget 2026 for strengthening the push into artificial intelligence (AI) and globalisation. However, labour-intensive industries are warning that higher costs for foreign workers could squeeze margins and lift prices for consumers. Restaurants and retailers,…
The Monetary Authority of Singapore (MAS) will inject an additional $1.5 billion to increase investor participation in Singapore equities, Prime Minister Lawrence Wong said in his Budget speech on Feb 12. Mr Wong said the top-up to the Financial Sector…
Singapore will provide more support for firms to stay competitive and launch a nationwide push to tap artificial intelligence (AI), as Prime Minister Lawrence Wong laid out plans to navigate a more uncertain global environment in his Budget speech on…
Prime Minister Lawrence Wong announced a fresh set of support measures in Singapore’s Budget 2026 on Feb 12, including new CDC vouchers, a one-off cash payment and additional rebates aimed at easing cost-of-living pressures and supporting families. The initiatives span…
Singapore’s main business groups have delivered a familiar yet urgent wishlist ahead of the Feb 12 Budget. They call for cost relief, access to more workers – including foreign hires – and checks on sharp rent hikes by landlords. Their…
Malaysia’s Prime Minister Anwar Ibrahim faces pressure to suspend anti-graft chief Azam Baki pending an investigation into his shareholding in Velocity Capital Partner. Former economy minister Rafizi Ramli urged immediate action and a full probe of Azam’s assets. The push…
Malaysia staged a 20km preview run of the East Coast Rail Link (ECRL) in Kuantan on Feb 11. The demonstration used newly delivered CR200J passenger trains and included a round trip between KotaSAS and Kuantan Port City. Transport Minister Anthony…
SINGAPORE — Retail sales in Singapore rose 2.7% year on year in December 2025, moderating from a 6.2% increase in November, data released by the Singapore Department of Statistics on Feb. 5 showed. Excluding motor vehicles, retail sales grew 1.7%…
