Of the 30 cities monitored in the Savills World Prime Residential Index, 17 will see price declines, with Hong Kong projected to see the highest drop of up to 10 per cent and as much as 3.9 per cent in Singapore.

Gupta’s compensation took a 30 per cent hit due to last year’s disruptions that affected payment and ATM transactions across the city state.

His offences came to light after the device fell while the Filipino worker was in the common toilet.

Liu Pak-wai, an economics professor and former government adviser, says city’s 6 per cent debt-to-GDP ratio could easily go up to 10 per cent without problems.

Hordes of curious tourists from China and Southeast Asia are causing a headache for students at Nanyang Technological University, which has imposed an entry fee to manage the influx.

Southeast Asia is one of the largest sources of blue carbon – carbon stored in ocean systems – but human activity is causing massive losses of this potential.

The legislation applies to those above 21 who are convicted of crimes such as culpable homicide, rape, and sex with minors, who are deemed to be at risk of reoffending upon release.

Several hundred large multinational companies will be affected by the new tax rule, Commissioner of Inland Revenue says.

Iswaran resigned last month after being charged with corruption, including allegedly obtaining tickets to musicals and soccer matches in the UK. He denies the charges.

Albertina Kallu remitted the entire amount to her bank account in Indonesia and spent it all, including on building a house, the court heard.

Recent growth in Singapore in private art spaces and exhibitions show its art market, while still small, is adding a layer that will be crucial to attaining its goal of being a major regional art hub.

More office landlords and flexible work space operators are likely to form partnerships that will do away with the traditional lease business that has been ‘catastrophic’ for the industry, according to the founder of The Work Project.

Some experts say the proposed law infringes on ‘open justice’ and raise concerns over how assessments of offenders would be conducted.

Analysts said Philip Chan’s case highlighted alleged Chinese political interference in Singapore, and the government’s readiness to tackle it despite concerns about repercussions.

The visionary banker, one of Southeast Asia’s most successful businessmen, helmed UOB Group for more than 60 years.

Philip Chan, 59, is believed to be the first person to be served such a notice under the Foreign Interference Countermeasures Act that came into force in December.

InvestHK says city could overtake Singapore for family offices, despite a big gap in numbers between the two jurisdictions at present.

Singaporean filmmaker Tzang Merwyn Tong tells the Post why he cannot be pigeonholed, and how renewed interest in his movies about outsiders signals a bright future for Southeast Asian independent cinema.

During Chew Shou Zi’s testimony before US lawmakers about the harms of social media on children, he was pressed repeatedly by Senator Tom Cotton of Arkansas.

Singapore visitor arrivals were up 115 per cent to 13.6 million in 2023, and the tourism board expects the recovery to continue in 2024, partly due to the implementation of 30-day visa-free travel with China.

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Singapore remains the only Asian country to have placed in the top 10 since the Transparency International Corruption Perceptions Index was first published in 1995.

Haidilao founder Zhang Yong and fan of Tesla’s Elon Musk, Leo Koguan, all make the list – but which famous tech founder is the richest in the Lion City?