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Asian markets opened on a positive note on Monday, November 10, 2025, tracking gains across major regional indices. Japan’s Nikkei 225 Index advanced 1.05% to...
The suspension specifically affects Qoo10’s ability to process payments within Singapore through these covered services.
Despite the uptick in inflation, private-sector economists anticipate that the Monetary Authority of Singapore (MAS) will maintain its current monetary policy stance at the upcoming meeting in October. This outlook stems from the belief that the central bank is likely to prioritize stability amid the evolving economic landscape.
From a humble hotpot restaurant in Sichuan to leading the world’s largest hotpot chain, Haidilao, Zhang Yong and Shu Ping built a multi-billion dollar empire with a focus on innovation, customer service, and global expansion. Now residing in Singapore, the couple’s journey is a remarkable success story in the food and beverage industry.
From SHI International to Tesla, discover how the Singapore-based investor built his fortune and became one of the wealthiest figures in the tech world.
From luxury hotels to iconic office spaces, the Kwee brothers have built an impressive real estate empire in Singapore and beyond, combining innovation, sustainability, and world-class design to shape the future of urban living.
The Khoo family’s fortune grew from banking pioneer Khoo Teck Puat's early ventures into what is now a sprawling real estate empire. With high-profile investments in prime Singaporean properties and a lasting impact on the city-state’s financial landscape, the family remains one of the most influential and wealthiest in Singapore.
From humble beginnings to one of Asia’s wealthiest, Goh Cheng Liang transformed a small paint shop in Singapore into a global powerhouse, making his name among the top billionaires in the manufacturing industry
From Singapore to global luxury properties, Kwek Leng Beng and his family have built a real estate empire spanning hotels, residences, and commercial developments across the world.
As the Founder and Chairman of Mindray Bio-Medical Electronics, Li Xiting has revolutionized the global healthcare industry through cutting-edge medical devices and innovation, amassing a $13.4 billion fortune while expanding access to life-saving technologies worldwide
With a combined net worth of $14.4 billion in 2024, Robert and Philip Ng stand at the forefront of Singapore's real estate sector. As the leaders of Far East Organization, the brothers have developed some of the city’s most iconic properties while expanding their influence internationally, cementing their legacy as top players in the global real estate market.
Eduardo Saverin’s $29 billion fortune makes him Singapore’s wealthiest individual in 2024. His transition from Facebook co-founder to tech investor has established him as a dominant figure in the global venture capital scene, driving innovation and growth across multiple industries.
From tech giants to real estate moguls, these billionaires have built global empires that influence markets far beyond Singapore’s shores. Here's a look at the top 10 wealthiest businessmen who are defining success in the Lion City today.
However, the housing market in Singapore faces significant challenges. New home sales are projected to reach their lowest levels since the financial crisis, with only 208 units sold in August 2024—representing a staggering 47% decline from the previous year. This downturn is attributed to a combination of high interest rates, a dearth of new housing projects, and developers' hesitance to lower prices despite rising home values. Market analysts are revising forecasts downward, indicating an overall decrease in total sales for 2024.
Singapore’s housing market is also experiencing notable shifts. New home sales plunged to 208 units in August, a sharp drop from both the previous month and the same period last year. This decline is attributed to a scarcity of new residential projects and developer caution amid high interest rates. Despite this, home prices have remained stable, particularly in the secondary market. Developers are expected to launch more units later this year, but face increasing concerns about government measures and housing affordability.
One of the central elements of the reform package is the introduction of more flexible listing rules aimed at encouraging technology and high-growth companies to go public in Singapore. This move is intended to diversify the market and attract a broader range of investors. Additionally, the government is looking into adjustments in tax policies and corporate governance practices to make the market more competitive on a global scale.
The press conference took place mid-flight on the Airbus A350-900, approximately 10 kilometers above ground. The atmosphere on the plane was charged with activity as Vatican-accredited media personnel prepared for the session, deploying audio equipment to ensure clear communication despite the aircraft’s noise.