Singapore · Business
Same event, multiple sources, transparently cited.
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Gardenia to shift bakery production from Singapore to Johor Bahru, 141 employees retrenched
Gardenia Foods announced it will move bakery production from Singapore to Johor Bahru, Malaysia, with 141 workers retrenched as of June 30, 2026.
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Singapore overtakes Indonesia as Southeast Asia's largest stock market by capitalization
Singapore’s stock market capitalization rises to about US$645 billion, surpassing Indonesia’s US$618 billion amid market outflows and regulatory uncertainty.
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Asian airlines seek government aid to survive jet fuel price surge
Asian airlines warn they face collapse without government support amid jet fuel prices more than doubling since February.
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Standard Chartered to cut 15% of corporate roles by 2030, targets over 15% return by 2028
Standard Chartered plans to cut more than 7,000 corporate jobs globally by 2030 and aims for a return on tangible equity above 15% in 2028.
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Singapore Airlines flight SQ321 turbulence investigation inconclusive on radar failure
Singapore's Transport Safety Investigation Bureau found weather radar may have missed severe turbulence that injured 79 on SQ321 in May 2024.
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Jonathan Andic arrested in investigation of Mango founder Isak Andic's death in Spain
Jonathan Andic, son of Mango founder Isak Andic, was arrested on May 19, 2026, over his father's fatal fall in 2024 near Barcelona.
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Adrian Lim returns to PropNex with 36 salespersons amid PropertyLimBrothers leadership changes
Adrian Lim, co-founder of PropertyLimBrothers, rejoined PropNex Realty leading 36 salespersons after PLB leadership controversy.
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EU imports of Russian LNG rise 16% in Q1 2026 despite 2027 phase-out pledge
The EU imported 6.9 billion cubic meters of Russian LNG in early 2026, a 16% rise from last year, while vowing to end Russian gas imports by 2027.
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Singapore watchdog cracks down on three online retailers for misleading website tactics
Singapore's Competition and Consumer Commission found three online retailers used fake website features to pressure shoppers and forced them to stop the practices.
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Bank Indonesia raises policy rate 0.5% as rupiah hits record lows against US dollar
Bank Indonesia raised its benchmark interest rate by 50 basis points to 5.25% on May 20 amid rupiah hitting record lows against the US dollar.
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Jane Street doubles Singapore office capacity amid Asia expansion
Jane Street moved into a new Singapore office in May 2026, doubling capacity to 250 seats as it expands in Asia.
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Temasek CEO says firm unlikely to meet 2030 carbon emissions target amid challenges
Temasek CEO Dilhan Pillay said May 18 the firm is unlikely to halve carbon emissions by 2030 due to global tensions and hard-to-decarbonise sectors.
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Keppel lets M1-Simba deal lapse after IMDA suspends review over spectrum probe
Keppel allowed the S$1.43 billion M1-Simba sale agreement to lapse on May 21 after IMDA suspended the regulatory review over a spectrum breach investigation.
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US-Israeli war with Iran costs global companies at least $25 billion and counting
The US-Israeli war with Iran has caused at least $25 billion in losses for 279 companies worldwide amid soaring costs and disrupted supply chains.
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Singapore's non-oil exports jump 24.5% in April 2026 led by AI-driven electronics demand
Singapore's non-oil domestic exports soared 24.5% year on year in April 2026, boosted by a surge in AI-related electronics shipments.
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Singapore IMDA Suspends Review of Simba Telecom's $1.43B Acquisition of M1 Over Spectrum Use Concerns
Singapore’s IMDA halted review of Simba Telecom’s $1.43 billion bid for M1 after probing possible unauthorized spectrum use.
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DayOne explores dual IPO in Singapore and US to raise $5 billion
Singapore-based data center operator DayOne is planning a dual IPO in Singapore and the US targeting $5 billion in fundraising.
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Bank of Thailand warns broad stimulus may limit fiscal flexibility amid Middle East conflict
Bank of Thailand cautioned against broad consumption stimulus amid Middle East conflict impact, citing risks to fiscal space and urging structural reforms.
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Singapore charts AI roadmap to become trusted hub and boost economic resilience
Singapore’s Economic Strategy Review committee recommends positioning the country as a trusted AI solutions hub to enhance competitiveness and job creation.
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South Korea seeks emergency arbitration to prevent Samsung Electronics strike
South Korea will use all options, including emergency arbitration, to avoid a strike at Samsung Electronics and limit economic damage.
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Swatch and Audemars Piguet launch Royal Pop pocket watch collection in US
Swatch Group and Audemars Piguet launched the Royal Pop pocket watches with eight colorful models available May 16 in the US.
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Japan suspends new Type I skilled worker visas, hitting restaurant workforce growth
Japan’s Immigration Services Agency halted Type I skilled worker visa issuance from April 13, limiting new foreign workers in food service sectors.
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Singapore High Court orders winding up of 1MDB-linked entities, enabling claims against banks
Singapore High Court granted winding up orders for three 1MDB-linked companies, allowing claims against Standard Chartered and BSI Bank.
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Seatrium surge lifts Singapore stocks; Straits Times Index up 0.1% on May 12
Singapore stocks rose May 12 as the Straits Times Index gained 0.1%, led by a 5.4% jump in Seatrium shares.