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Singapore ranks 3rd in Asia-Pacific for billionaire wealth

Singapore ranks 3rd in Asia-Pacific for billionaire wealth

Singapore has 55 billionaires, who boast a combined wealth of US$258.8 billion in 2025, the third highest figure in the Asia-Pacific region, a new report has found.
Flexible drop-off rule for Singapore-Malaysia cross-border taxis welcomed by passengers, drivers, but raises pricing concerns

Flexible drop-off rule for Singapore-Malaysia cross-border taxis welcomed by passengers, drivers, but raises pricing concerns

Singapore's super-rich Chinese embrace low-key luxury amid heightened wealth scrutiny

Singapore's super-rich Chinese embrace low-key luxury amid heightened wealth scrutiny

Rich Singaporeans lead local luxury home purchases worth $3.9M or more

Rich Singaporeans lead local luxury home purchases worth $3.9M or more

Singapore citizens accounted for 76% of purchases of landed and non-landed homes priced at S$5 million (US$3.86 million) or more in the city-state’s core central region in the third quarter of 2025.
December 4, 2025 | 03:50 pm PT
Customer losses from Singapore massage parlor Wan Yang’s sudden closure surge to nearly $700,000

Customer losses from Singapore massage parlor Wan Yang’s sudden closure surge to nearly $700,000

Customers of massage and foot reflexology chain Wan Yang, which abruptly shuttered all its outlets in Singapore last week, have reported losses of more than S$904,000 (US$698,000) in unused prepaid packages.
December 3, 2025 | 04:06 am PT
CDL of Singapore’s 2nd richest billionaire Kwek Leng Beng acquires Holiday Inn London hotel for $370M

CDL of Singapore’s 2nd richest billionaire Kwek Leng Beng acquires Holiday Inn London hotel for $370M

A unit of Singapore’s second-richest man Kwek Leng Beng's City Developments has purchased the Holiday Inn London - Kensington High Street in Central London for £280 million (US$370.4 million).
December 2, 2025 | 11:28 pm PT
Singaporean billionaire Peter Lim, British school Wellington College to launch Indonesia campus next year

Singaporean billionaire Peter Lim, British school Wellington College to launch Indonesia campus next year

Wellington College Education Singapore Group, controlled by Singaporean billionaire Peter Lim, will open the British school’s campus in Indonesia’s Jakarta in August 2026.
December 2, 2025 | 08:12 pm PT
23,700 travelers caught with undeclared goods in Singapore this year

23,700 travelers caught with undeclared goods in Singapore this year

Singapore has seen a sharp rise in travelers caught failing to declare dutiable or taxable goods this year, with more than 23,700 cases detected across air, land and sea checkpoints from January to October, nearly double the number reported in 2024.
December 1, 2025 | 03:56 pm PT
Singaporeans continue flocking to Malaysia for goods and services, unfazed by stronger ringgit

Singaporeans continue flocking to Malaysia for goods and services, unfazed by stronger ringgit

Singaporeans are still crossing the border to Malaysia’s Johor state, especially its capital Johor Bahru, for cheaper groceries and entertainment, saying their trips remain good value despite the Malaysian ringgit’s recent strengthening.
December 1, 2025 | 02:10 am PT
Property firm of Malaysia’s richest man Robert Kuok sets top bid of $358M for Singapore residential site

Property firm of Malaysia’s richest man Robert Kuok sets top bid of $358M for Singapore residential site

Allgreen Properties, Malaysian billionaire Robert Kuok’s privately held developer, has set the top bid of S$464.8 million (US$358 million) for a highly sought-after residential site in Singapore.
November 30, 2025 | 08:39 pm PT
Singapore seizes over $150K in gold bars from Malaysian scam suspect

Singapore seizes over $150K in gold bars from Malaysian scam suspect

Singapore police have seized gold bars worth around S$200,000 (US$154,400) from a 73-year-old Malaysian woman suspected of being involved in at least three government official impersonation scam cases.
November 30, 2025 | 08:13 pm PT
China, US and Malaysia lead as most popular overseas postings for Singapore workers

China, US and Malaysia lead as most popular overseas postings for Singapore workers

Some 76,000, or 3.1%, of residents in Singapore’s labor force have worked full-time abroad for at least six months, with China, the U.S. and Malaysia being the most common locations.
November 30, 2025 | 02:57 pm PT
Singapore’s Michelin-recognized Terra Tokyo Italian restaurant to close next month

Singapore’s Michelin-recognized Terra Tokyo Italian restaurant to close next month

Singapore’s Japanese-Italian restaurant Terra Tokyo Italian has said it plans to close its doors in December after losing its Michelin star four months ago.
November 27, 2025 | 08:22 pm PT
New bubble tea brand Cai Ca takes over former Gong Cha Singapore outlets

New bubble tea brand Cai Ca takes over former Gong Cha Singapore outlets

Cai Ca, a new bubble tea brand founded by the former CEO of Gong Cha’s Singapore franchisee, has replaced six outlets left vacant after Gong Cha exited the city-state.
November 25, 2025 | 07:04 pm PT
Billionaire Forrest Li promises $1.5M reward for Singapore national team after historic Asian Cup qualification

Billionaire Forrest Li promises $1.5M reward for Singapore national team after historic Asian Cup qualification

The Football Association of Singapore (FAS) has doubled the reward for the national team's historic, maiden Asian Cup qualification, promising a total payout of around S$2 million (US$1.52 million).
November 19, 2025 | 08:27 pm PT
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