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The Red Sea crisis could trigger an inflation spike as shipping costs soar
An index that tracks container rates spiked 61% last week, with big companies rerouting their vesse…
George Glover
Singapore's cost of living is shooting up and here's how Indians there are coping with it
According to the EIU report, the average cost of living has gone up 8.1 per cent in 2022 in the 172…
ANI
I spent 28 hours flying from Canada to Singapore — here are 3 things that made my experience more comfortable
Germaine Arenas advises travelers to choose a red-eye flight when there's a big time difference.
Marielle Descalsota
After Germany enters recession, fears in Singapore of 'technical recession'
Singapore fears slipping into a 'technical recession' in the second quarter as the challenges in th…
ANI
High inflation may linger for decades with wars set to usher in an era of deglobalization, billionaire investor Ken Griffin says
The Citadel founder told a Bloomberg event he's bracing for sticky inflation, higher interest rates…
George Glover
Nostalgia trumps inflation as Indians want to summer at ancestral homes, says Kayak
Kayak’s survey revealed that 81% of those planning a trip this summer are saying they’ll go with th…
How Singapore tech layoffs are impacting Indians
Based on 2021 Singapore Ministry of Manpower figures, about a quarter of the 177,100 employmen…
ANI
India's UPI goes global, links with Singapore's PayNow for seamless cross-border transactions
In what is a first-of-its-kind collaboration with another country, India and Singapore on Tuesday l…
ANI
Supercore inflation: Why the Fed suddenly cares about your barbershop and plumbing bills
"Supercore inflation" reflects the prices of services like those provided by lawyers, plumbers, and…
Huileng Tan
Retail inflation eases to 7.04% in May as food prices soften
Inflation in the food basket was 7.97 per cent in May 2022, marginally lower than 8.31 per cen…
PTI
Tata's mega aviation merger is poised for flight, but the skies are not clear yet
It’s been less than a decade since the Tatas re-entered the aviation sector – via joint ventu…
Sugar is the next food you might have a hard time getting your hands on as India announces it's limiting sugar exports
India's government is capping sugar exports at 10 million metric tons for this current marketing ye…
Huileng Tan
A millennial couple in Singapore spent $40,000 renovating a four-room public-housing apartment and turned it into a modern Scandinavian-style home. Take a look inside.
The couple said one of their priorities was to have a big shared living space where friends and fam…
Amanda Goh
Fuel shortages, massive debts, and protesters partying in the presidential palace: Here is what's going on in 'bankrupt' Sri Lanka
Sri Lanka's president has resigned following widespread protests sparked by an economic collapse te…
Chris Johnston
Top US trade official says the Russian invasion of Ukraine has been 'a driver of inflation,' while many COVID-related supply-chain disruptions 'have been ironed out'
"I think we've done a lot of partnering with other countries to try to make the supply chain more r…
John L. Dorman
Russia will lose the most millionaires this year as war spurs a 'tsunami' of capital flight — and China is close behind
Russia is projected to lose 15,000 high net worth individuals to migration this year, or about 15% …
Brian Evans
I've worked at the Singapore Grand Prix twice, and I keep seeing people make the same 3 mistakes
I've seen dozens of attendees make the same mistakes, from wearing uncomfortable footwear to not ha…
Marielle Descalsota
Global hotel room prices are skyrocketing, but the 5-star vacation crowd remains unfazed despite lackluster service due to worker shortages
Globally, prices have increased by 184%. This is largely due to the sudden surge in travel demand, …
Katie Boon
Singapore tech billionaire's wealth shrinks by 80% amid global tech selloff, poor earnings, and regulatory pressures from one of its most promising markets, report says
Forrest Li's wealth was previously estimated to be at $22 billion, with a large part of it in share…
Weilun Soon
Read the memo Singapore billionaire Forrest Li sent to employees of Shopee, the Amazon of Southeast Asia, as the company's losses widen and it prepares for layoffs
The company will be restricting expenses, capping all flights at the economy level, and executives …