Xinghui Kok
Stories by Xinghui Kok
China’s BYD races way ahead of Tesla in Singapore in H1
BYD's strong growth in the city-state underscores the Chinese firm's ambition to dominate the SE Asia market.
Singapore highlights banks as posing highest money laundering risk
The report also identified new risk sectors including digital payment token service providers.
Singapore issues framework to bolster stability of single-currency stablecoins
Currently, only one stablecoin has been issued in Singapore.
Singapore seeks to tighten moneylaundering rules for family offices
The number of SFOs has surged in Singapore to 1,100 at the end of last year from 400 at end-2020.
GIC eyes more ‘China for China’ investments after scoring 8-year-high returns in 2023
GIC's annualised 20-year real rate of return stood at 4.6% in 2023.
Grab slashes 1,000 jobs, or 11% of its workforce; cites need to manage costs
The US-listed Grab's last job cuts were in 2020, when 360 people were laid off.
Longest-serving MAS chief Ravi Menon reappointed for 2 years
Former prime minister Goh Chok Tong will step down from his position as senior adviser to MAS.
Singapore looks to cool realty market with tax hike for foreigners, but analysts sceptical
The super-rich may continue to buy, keeping prices elevated, say some analysts.
Singapore push for all-EV future faces a love of crazy, rich combustion
Singapore targets phasing out combustion car sales by 2030.
Singapore tightens requirements for residency-linked investor programme
The changes will take effect on March 15 and are meant to support the local startup ecosystem
