Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia said the Singaporean government has long expressed its desire to establish a clean energy supply from Indonesia as well as Carbon capture and storage (CCS) services.
On renewable energy, Singapore and the Philippines agreed to deepen both bilateral and regional cooperation, and to accelerate efforts towards realising the ASEAN power grid, a plan to connect the electricity networks of the group’s 10 member countries to enable cross-border power trading by 2045.
Singaporean Minister for Digital Development and Information Josephine Teo noted that Singapore and China will support their companies in seizing new opportunities in the emerging sectors of digitalisation and sustainability.
Under Singapore's current regulations, rail operators can be fined up to 750,000 USD or 10% of annual fare revenue from the affected line—whichever is higher. SMRT reported earnings of 6.2 million SGD before interest and tax for the 2023/24 financial year from operating the Bukit Panjang LRT and four MRT lines.
France and Singapore would expand cooperation in areas such as civil nuclear energy, intelligence sharing and defence technology, artificial intelligence (AI) research, security, and deeper collaboration in the air and maritime domains under the newly established bilateral partnership framework.
Running from May 28-29, the apex event covers a range of topics such as agentic and embodied AI, space satellite and communications, quantum compute, and digital sustainability through a series of plenary sessions.
The study will track around 3,200 Singapore residents, aged between 18 and 75, as they go about their lives to see how symptoms of depression and the severity evolve over time.
A Liberia-registered bulk carrier was directed to the scene and successfully rescued all the 30 individuals boarding the capsized Indonesian-registered vessel.
Synthetic drugs such as methamphetamine have driven a global surge in drug abuse, and drugs themselves are becoming more potent, a Singaporean official has said.
The new terminal, powered by advanced automated systems, will significantly enhance processing capacity, optimise operations, and capitalise on emerging opportunities as travel demand continues to surge in the coming decades.
During January-March period, Singaporeans bought 2.5 tonnes of gold bullion, a 35% increase compared with the same period last year – the biggest year-on-year jump since 2010.
The unmanned systems will be equipped with advanced sensors and secure communication networks, allowing operators to detect and neutralise naval mines from a safe distance.
Singapore is subject to a 10% tariff from the US. The country has previously warned of instability in its trade-dependent economy, along with heightened risks of recession and job losses. Singapore has lowered its 2025 GDP growth forecast to between 0% and 2%, following a 0.8% quarter-on-quarter contraction in the first quarter.
Under Singapore's law, individuals found guilty of importing, manufacturing or supplying illegal health products face a two-year jail term, a 50,000 SGD fine, or both.
Singaporean Deputy Prime Minister Gan Kim Yong noted that escalating tensions between the US and China have led to a volley of tit-for-tat tariffs, effectively choking off trade between the world’s two largest economies. These developments will have significant implications on businesses in Singapore and Malaysia, many of which are embedded within the production and supply chains of both the US and China.
Singapore has cut its GDP growth forecast for 2025 to 0% to 2% from the 1-3% prediction previously, following preliminary estimates showing an economic contraction in the first quarter.
According to a government statement, 97 parliamentary seats will be contested in this election - four more than in the previous term. Nomination Day has been set for April 23, with the official polling date expected to be announced later today.
The Monetary Authority of Singapore (MAS) lowered its core inflation forecast for 2025 to between 0.5% and 1.5%, indicating expectations of subdued domestic price pressures.
All 14 economists in a Bloomberg survey forecast that the MAS, which uses the exchange rate rather than interest rates to stabilise prices, will reduce the slope in the policy band of the Singapore dollar’s nominal effective exchange rate on April 14.
Singapore's Changi has been named the world’s best airport in 2025 at London-based aviation consultancy Skytrax’s World Airport Awards, after falling to second position in 2024.
