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Keywords: Singapore
Singapore has upgraded its economic outlook for 2026 after stronger-than-expected growth during the first half of the year, supported by rising global demand for artificial intelligence technologies and resilient international trade. The Ministry of Trade and Industry now expects the economy to expand......
Taiwanese semiconductor manufacturer United Microelectronics Corporation (UMC) is stepping up its long-term investment strategy as demand linked to artificial intelligence reshapes the global chip market. The company has approved a new expansion program covering additional cleanroom capacity at its Singapore......
Singapore Airlines has reported its first quarterly loss since the end of the COVID-19 pandemic, as higher fuel expenses and financial pressure linked to its associate Air India affected the carrier’s performance. The city-state’s flag carrier recorded a net loss of S$76 million ($58.79......
HSBC Holdings is expanding its investment in artificial intelligence as the banking group prepares to establish a new global AI hub in Singapore and recruit more than 100 specialists to support its technology ambitions. The initiative reflects the growing role of artificial intelligence in the financial......
The Moroccan passport has further strengthened its international standing, securing the top position in North Africa in the latest global passport ranking index released on July 24, 2026. According to the global index, the Moroccan passport ranks 67th worldwide, granting citizens visa-free access or......
A tourist from India has been sentenced to more than two years in prison in Singapore after taking part in an elaborate attempt to steal a valuable diamond by replacing the genuine stone with a counterfeit replica. The case involved a 4.95-carat diamond valued at around €135,000, which became the......
Singapore’s banking sector reached a historic milestone on Monday as DBS Group became the first company listed in the city-state to achieve a market valuation above S$200 billion, highlighting the strength of the country’s financial sector and investor confidence in its largest bank. The......
Air India’s search for a new chief executive officer is reportedly narrowing, with two main candidates emerging as frontrunners, according to sources familiar with the process. Vinod Kannan, an executive at Singapore Airlines, and Nipun Aggarwal, Air India’s current head of commercial operations,......
The United States Treasury has imposed sanctions on Hengli Petrochemical, one of China’s largest independent oil refiners, accusing the company of purchasing billions of dollars worth of Iranian crude oil. The sanctions also target dozens of shipping companies and vessels allegedly involved in......