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News
South Korean meat: Jeju farms to Singapore
3+ hour, 18+ min ago (114+ words) Grilled Montrak pork at Dongmunjeong (left), a restaurant in Jeju; and Jeju black pork collar from Meat Co (right). Jeju Handon pork and Hanwoo beef have been sold in Singapore since November 2025 after they were greenlit by the Singapore Food…...
New CEO at Tote Board from Oct 1 to take over from Tan Choon Shian
21+ hour, 27+ min ago (492+ words) Tan Choon Shian (left) will step down, with Mark Tan Kiak Yang taking over on Oct 1. Published Aug 14, 2026, 05:42 PM Updated Aug 14, 2026, 06:25 PM SINGAPORE – There will be a changing of the guard at the Singapore Totalisator Board (Tote Board), with Mark…...
Indonesia President Prabowo pledges strong growth in 2027 with 2.4% budget deficit
21+ hour, 42+ min ago (622+ words) Indonesian President Prabowo Subianto (left), along with Vice-President Gibran Rakabuming Raka, at his annual state of the nation address on Aug 14. Published Aug 14, 2026, 06:11 PM JAKARTA – Indonesia’s President Prabowo Subianto plans to narrow the budget deficit in 2027 in an effort to…...
China’s economic challenges and future growth prospects
21+ hour, 49+ min ago (278+ words) What more should we know now about this country that is central to the global economy and is playing an ever greater role in geopolitics? Published Aug 14, 2026, 06:00 PM Updated Aug 14, 2026, 06:03 PM Synopsis: Every second Friday of the month, The Straits…...
Malaysia’s central bank upbeat as Q2 growth beats expectations
22+ hour, 53+ min ago (540+ words) Bank Negara Malaysia projects economic growth of 4 per cent to 5 per cent in 2026. Published Aug 14, 2026, 05:00 PM KUALA LUMPUR – Malaysia’s economy could grow around 5 per cent in 2026, at the upper end of official projections, following a better-than-expected performance in the second…...
Beauty industry prepayment losses up almost 18 times to over $1.9 million in first half of 2026: CASE
1+ day, 28+ min ago (787+ words) The closure of Royal Secrets Wellness on Feb 28 resulted in prepayment losses over $1 million. Published Aug 14, 2026, 03:25 PM SINGAPORE – Consumer complaints involving the beauty industry topped the Consumers Association of Singapore’s (CASE) list for the first half of 2026, with reported prepayment…...
Lam Research to add 200 semiconductor jobs in Singapore
1+ day, 22+ hour ago (517+ words) Lam Research says nearly 90 per cent of the new positions will be in specialised engineering and technical roles to meet AI-driven demand for advanced chips. Published Aug 13, 2026, 05:30 PM SINGAPORE – US chip equipment maker Lam Research will hire about 200 new employees…...
South Korea unveils package to boost housing supply, support young buyers
2+ day, 4+ hour ago (260+ words) Published Aug 13, 2026, 11:39 AM SEOUL - South Korea said on Aug 13 it would raise financial support for construction projects and ease regulations for young homebuyers as part of efforts to stabilise a red-hot housing market. Earlier in August, the government of President…...
US consumer inflation slows in July, giving Fed room to breathe
2+ day, 17+ hour ago (352+ words) Published Aug 12, 2026, 09:35 PM Updated Aug 12, 2026, 10:33 PM WASHINGTON – US consumer inflation slowed slightly to 3.4 per cent in July despite turbulent oil prices due to the Iran war, government data showed, with the figures likely giving the Federal Reserve room to breathe…...
Norway wealth fund manager says fund collapse not impossible
3+ day, 15+ hour ago (362+ words) Nicolai Tangen is the chief executive officer of Norges Bank Investment Management, the operator of Norway's $2.9 trillion sovereign wealth fund – the largest in the world. Published Aug 11, 2026, 11:49 PM Updated Aug 12, 2026, 12:03 AM OSLO – Could Norway’s sovereign wealth fund, the largest in…...