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Asean’s test in a fragmented global economy
Commentary

Asean’s test in a fragmented global economy

ASEAN's resilience in a fragmented global economy requires deep internal economic integration to buffer shocks. The bloc must strengthen its role as a credible regional platform while managing complex external relationships with major powers to maintain stability.
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Explainer: What is behind the rising volume of Russian oil arriving in Singapore?
Business

Explainer: What is behind the rising volume of Russian oil arriving in Singapore?

Russian oil volumes in Singapore have reached a yearly high due to Middle Eastern supply disruptions from conflict. Despite sanctions, Singapore continues importing Russian fuel oil because it remains a crucial supplier for the region's vital bunkering hub.
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What cats and mothers have in common
Singapore

What cats and mothers have in common

Maternal love, seen in cats and family life, transcends mere instinct or sacrifice. It requires profound adaptability and sensitivity. True care means accepting diverse needs without judgment, responding with persistent attentiveness at the right moment.
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China’s brands are remaking S’pore’s food scene, with deep pockets, shifting tastes
Singapore

China’s brands are remaking S’pore’s food scene, with deep pockets, shifting tastes

Chinese brands are rapidly reshaping Singapore’s food scene with deep pockets and innovative concepts. They introduce diverse regional flavors, raising industry standards and compelling local businesses to adapt and compete on a global level.
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Australia’s AI startup Firmus and Singapore-based DayOne to build Indonesia data centre with Nvidia
Finance

Australia’s AI startup Firmus and Singapore-based DayOne to build Indonesia data centre with Nvidia

Australian AI startup Firmus and DayOne are partnering to build a 360MW Nvidia data center campus in Indonesia's Batam. This eight-year deal with Nvidia is expected to generate $25B-$30B in committed offtake agreements, fueling the region's growing AI infrastructure needs.
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Baidu's AI chip unit Kunlunxin targets $50 billion Hong Kong IPO, The Information reports
Business

Baidu's AI chip unit Kunlunxin targets $50 billion Hong Kong IPO, The Information reports

The Information reports that Baidu's AI chip unit, Kunlunxin, plans a massive IPO in Hong Kong. The listing reportedly targets an ambitious valuation of $50 billion. Reuters noted that they could not immediately verify this significant market report.
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Imbalances are back on the global agenda
Commentary

Imbalances are back on the global agenda

Global imbalances are resurfacing, signaling potential financial crises similar to past decades. Policymakers must avoid mercantilist fallacies and implement deep macroeconomic adjustments rather than relying solely on fiscal tightening or protectionism.
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Australia's Firmus Technologies strikes AI access deal with Nvidia
Business

Australia's Firmus Technologies strikes AI access deal with Nvidia

Australian firm Firmus Technologies partnered with Nvidia to provide affordable cloud computing power. The deal will deliver 170,000 GPUs in Indonesia, aiming to level the playing field for emerging AI firms.
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Austria urges Europe to host Anthropic following US curbs on AI access
Business

Austria urges Europe to host Anthropic following US curbs on AI access

Facing US restrictions on advanced AI, Austria has urged the EU to host Anthropic within its borders. This proposal aims to provide legal certainty and market access for the company, ensuring Europe remains an architect of its own technological future.
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China industrial profits stay resilient as economy leans on factories, exports
Business

China industrial profits stay resilient as economy leans on factories, exports

China's industrial profits rose sharply in May, demonstrating resilience despite weak domestic demand. Growth is fueled by strong factory output and robust exports, particularly in electronics due to the AI boom. This offsets structural economic challenges facing the country.
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Man jailed after joining Cambodia scam syndicate that fired him in 3 days for poor performance
Asia

Man jailed after joining Cambodia scam syndicate that fired him in 3 days for poor performance

A Malaysian man, Yip Chee Ming, was jailed for joining a scam syndicate in Cambodia. He pleaded guilty after being fired within three days due to poor performance while impersonating officials to defraud Singaporeans. The court sentenced him for his role in the organized crime group.
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Jail for man fired after 3 days as scam caller for Cambodian syndicate that targeted Singaporeans
Singapore

Jail for man fired after 3 days as scam caller for Cambodian syndicate that targeted Singaporeans

A Malaysian man was jailed for his role in a Cambodian syndicate running government official impersonation scams against Singaporeans. He was fired after only three days due to repeated failures, contributing to massive losses.
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