Singapore to set up new entity governing national payment schemes

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have revealed plans to form a new entity to consolidate the administration and governance of Singapore’s national payment schemes. The entity will work with MAS to …

Petrobras Sells First Biofuel-Blend VLSFO in Singapore

State-owned energy company Petróleo Brasileiro S.A. (Petrobras) completed its first sale of very low sulfur fuel oil (VLSFO) with 24 percent renewable content in the Asian bunker market. The company said in a media release that it sold the VLSFO with …

Singapore’s bio-LNG supplier comes on board SEA-LNG coalition

SEA-LNG, a multi-sector industry coalition promoting LNG as a marine fuel, has welcomed a new member. Illustration. Courtesy of MPA Singapore Singapore-headquartered bio-LNG supplier Straits Bio-LNG has joined the coalition to make ‘real strides’ in …

Valentine’s Day with Team Singapore: Pang Sheng Jun and Yeo Jia Min

In a Valentine’s Day special, The Straits Times’ sports desk talks to four athlete couples about their relationship, lovey-dovey moments and shared love for sport. The pairs are Pang Sheng Jun (swimming) and Yeo Jia Min (badminton), Jowen Lim and Vera Tan …

Valentine’s Day with Team Singapore: Jowen Lim and Vera Tan

Jowen Lim and Vera Tan In a Valentine’s Day special, The Straits Times’ sports desk talks to four athlete couples about their relationship, lovey-dovey moments and shared love for sport. The pairs are Pang Sheng Jun (swimming) and Yeo Jia Min (badminton), …

Valentine’s Day with Team Singapore: Delvin Goh and Chelsea Sim

In a Valentine’s Day special, The Straits Times’ sports desk talks to four athlete couples about their relationship, lovey-dovey moments and shared love for sport. The pairs are Pang Sheng Jun (swimming) and Yeo Jia Min (badminton), Jowen Lim and Vera Tan …

Valentine’s Day with Team Singapore: Eric Yee and Michelle Sng

In a Valentine’s Day special, The Straits Times’ sports desk talks to four athlete couples about their relationship, lovey-dovey moments and shared love for sport. The pairs are Pang Sheng Jun (swimming) and Yeo Jia Min (badminton), Jowen Lim and Vera Tan …

Rainforest Wild Asia unveiled ahead of opening in Singapore

Mandai Wildlife Reserve has unveiled the first phase of Rainforest Wild, Singapore’s fifth wildlife park, ahead of the public opening on 12 March. Rainforest Wild Asia will immerse visitors in a 13-hectare Asian rainforest where they can choose their level …

Data centre industry in Singapore to continue its growth, riding wave of AI demand

Singapore's median household income rises in 2024, income inequality drops to lowest since 2000

Singapore households saw their median monthly income rise in 2024, while income inequality among them fell to the lowest in 25 years. Despite the income growth, analysts say many may still be feeling the pinch of higher prices, even as inflation starts to …