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Iran reviewing Trump’s latest proposal on ending war, as clock ticks on ceasefire with US

Iran reviewing Trump’s latest proposal on ending war, as clock ticks on ceasefire with US

Iran is reviewing US peace proposals amid ongoing tensions. Key sticking points include nuclear technology and Lebanon. Trump threatens resuming attacks if terms are not met, while Iran insists on a comprehensive end to hostilities across all fronts.

Over 130 arrested in Singapore in crackdown on transnational scams linked to $963m in losses

Over 130 arrested in Singapore in crackdown on transnational scams linked to $963m in losses

A multi-national scam crackdown led to over 3,000 arrests across ten countries. In Singapore alone, more than 130 were arrested during the operation. Authorities recovered over $161 million in illicit funds and prevented total losses estimated at S$963 million from various scams.

Rubio offers Cubans ‘a new path’

Rubio offers Cubans ‘a new path’

US Secretary of State Marco Rubio addressed Cubans, offering a "new path." Speaking before expected charges against Raul Castro, Rubio accused the communist government of corruption and oppression. He suggested that citizens could choose their leaders for a better future.

Singapore stocks end lower amid downbeat regional showing; STI down 0.5%

Singapore stocks end lower amid downbeat regional showing; STI down 0.5%

Singapore's stock market declined on May 20th. The Straits Times Index fell 0.5%, with local banks and shipbuilding stocks leading losses. This downturn was mirrored by negative trends across key regional indexes in Hong Kong, Japan, and South Korea.

COE premiums mainly rise, Category B crosses S$129,000 to hit six-month high

COE premiums mainly rise, Category B crosses S$129,000 to hit six-month high

COE premiums showed mixed trends in the latest bidding exercise. Category B rose sharply to a six-month high of S$129,501. Conversely, Category A prices fell for the first time after six consecutive increases. Commercial vehicle rates also climbed significantly, keeping overall COE costs elevated.

Indonesia's Prabowo announces 2027 fiscal deficit target of 1.8% to 2.4% of GDP

Indonesia's Prabowo announces 2027 fiscal deficit target of 1.8% to 2.4% of GDP

President Prabowo announced Indonesia's ambitious 2027 economic plan, setting the fiscal deficit target between 1.8% and 2.4% of GDP. He aims for high growth while stressing resource benefits for all citizens.

OpenAI commits S$300 million to grow Singapore's AI capabilities

OpenAI commits S$300 million to grow Singapore's AI capabilities

OpenAI is investing S$300 million to establish an Applied AI Lab in Singapore, aiming to boost local AI innovation, talent development, and enterprise adoption through a new government partnership.

Singapore tops Indonesia as biggest South-east Asian stock market

Singapore tops Indonesia as biggest South-east Asian stock market

Singapore has surpassed Indonesia as Southeast Asia's largest stock market. Indonesian capital fell over 30% amid uncertainties. Conversely, Singapore’s stability and reforms attracted investment, cementing its status as a reliable defensive haven for global capital flows.

Singapore’s real startup problem is not funding

Singapore’s real startup problem is not funding

Singapore's startup challenge is not a lack of funding or research output. The core issue is a commercialization gap. Policy must shift focus from generating more research toward building infrastructure for global market access and operational support to scale businesses internationally.

From Anwar warning to US$250m claim - what’s behind Malaysia’s response to Norway’s scrapped missile deal?

From Anwar warning to US$250m claim - what’s behind Malaysia’s response to Norway’s scrapped missile deal?

Malaysia demands $250M from Norway after the cancellation of vital naval missile exports for its warships. Norway cites sovereign export controls on sensitive defense tech, leading to diplomatic tension and negotiation.

Trump's Gaza board reports funding 'gap', urges quicker disbursement

Trump's Gaza board reports funding 'gap', urges quicker disbursement

Trump's Board of Peace reported a critical funding gap for Gaza's $70 billion reconstruction plan. The board urgently calls on member states and international organizations to quickly disburse committed funds, emphasizing that pledges must become actionable aid on the ground.

'Work has already begun,' says Josephine Teo in outlining National AI Missions

'Work has already begun,' says Josephine Teo in outlining National AI Missions

Minister Josephine Teo announced that Singapore has launched National AI Missions, targeting connectivity, manufacturing, healthcare, and finance to drive economic transformation and global AI innovation.