Singapore

The Singapore–Asia Taxonomy for Sustainable Finance (SAT) has set rigorous standards for green and transition financing, establishing important benchmarks for ASEAN countries interoperable with the EU Taxonomy. To further its effectiveness and global relevance, the SAT should encourage more widespread adoption, raise public awareness of sustainable finance, maintain alignment with evolving global energy transition standards and conduct periodic assessments of its integration into decision-making processes. Since its launch in December 2023, the Singapore–Asia Taxonomy for Sustainable Finance (SAT) has made significant progress in establishing clear standards and strengthening regional and global developments for sustainable finance initiatives. But if the SAT wants to remain the be...

Singapore’s key inflation gauge slowed in May due to a continued decline in recreation prices. The core inflation rate, which excludes housing and private transportation costs, stood at 0.6% in May from a year earlier, according to a statement by the Department of Statistics Singapore. That’s lower than the 0.7% in April and aligns with the median estimate in a Bloomberg News survey of analysts. The overall inflation rate came in at 0.8% last month, same as the survey median estimate. Recreation prices dropped 2% in May compared to a year ago, after also falling 1% in April. The food inflation rate was 1.1% in May, while healthcare costs climbed 2.7%. Earlier this month, economists from a separate Bloomberg survey cut their outlook for both headline and core inflation f...

The shares of KFin Technologies Limited were trading at ₹1,280.80 up by 41.60 or 3.36 per cent on the NSE today at 10.06 am as KFin Technologies Limited announced a 30.2 per cent year-on-year increase in revenue from operations to ₹10,907.5 million for the fiscal year ended March 31, 2025. The financial services platform reported a profit after tax of ₹3,326.3 million, up 35.2 per cent compared to the previous fiscal year, with PAT margin at 30.5 per cent. The company’s board has proposed a dividend of ₹7.50 per share, subject to shareholders’ approval.KFin Technologies has entered into a definitive agreement to acquire a controlling 51 per cent stake in Ascent Fund Services (Singapore) Pte. Ltd., with plans to gain 100 per cent ownership over the next five years. This acquisition aims...

U.S. tariffs will have multiplier effects that will "generate a broader negative income and demand shock to the Singapore economy", the Monetary Authority of Singapore said in its macroeconomic review released on Monday. As well as the direct impact of a 10% baseline tariff on Singapore's exports to the U.S., its second-largest export market, there will also be indirect effects from the tariffs levied on other countries, the central bank said. The MAS said the tariffs were a production tax on producers and exporters that would impact corporate incomes and profits and constrain aggregate demand in the city-state. Singapore, which ran a trade deficit with the U.S. last year, has a lower "reciprocal" tariff rate than other Southeast Asian countries, although Washington has suspended...

Singapore’s sovereign wealth management ecosystem, comprising the Government Investment Corporation (GIC), Temasek Holdings, and the Monetary Authority of Singapore (MAS), has been instrumental in securing financial stability and generating long-term returns. However, the shifting global economic landscape necessitates a third sovereign fund—one specifically designed to capitalize on high-growth opportunities in the Global South while accelerating domestic innovation. As global economic power disperses — the Global South an emergent pole —and the dynamics of investment evolve, Singapore must proactively adapt to sustain its financial influence. The creation of a third sovereign fund would serve as a strategic tool to: Expand Singapore’s economic reach into high-growth but underinves...

FUJIFILM Business Innovation Singapore was honoured for transforming Changi Airport Group’s (CAG) maintenance operations with its innovative Asset Inspection and Management System (AIMS), designed and curated by CAG’s Engineering Development Group (E&D) Innovation & Process Enhancement (IPE) team over a six-year journey. This was a win-win collaboration, where the E&D IPE team used their subject matter knowledge of CAG’s operations to jointly develop an “all-in-one” Asset Management digital tool with FBSG. FUJIFILM Business Innovation Singapore won the IT Services accolade at the Singapore Business Review (SBR) International Business Awards 2025 after it successfully streamlined operations for CAG’s E&D team through the use of AIMS. The newly implemented solution aut...

Financial infrastructure firm Decentro partnered Singapore-based fintech DigiAlly to ramp up presence in Southeast Asia, launching a business credit underwriting solution. The partnership will enable the Bengaluru-based company to enter global markets such as Singapore, Vietnam, South Korea, Australia, The Philippines, Indonesia, and deepen presence in India. Decentro launched a unified business financial intelligence suite that enables companies in the banking, financial services, and insurance (BFSI) sector to analyse financial reports and trade history. It also allows verification of data into a single sheet.

Welcome to this special issue of the Singapore Edition newsletter. I’m John Cheng, Asia stocks reporter in Singapore, with a roundup on the market turmoil in our region triggered by US President Donald Trump’s shock tariff announcements last week. Sign up here for future editions. Lower down, I’ve added links to our best coverage from across Asia Pacific and world. Tariffs Test City-State’s Haven StatusSingapore’s status as an oasis of stability in times of crisis is being severely tested, as traders grapple with the worst stock selloff since the Global Financial Crisis. The Straits Times Index Monday fell 7.5%, in its biggest drop since Oct. 2008, with all 30 members of the benchmark in the red. True, Singapore isn’t the worst performer in Asia Pacific: Hong Kong’s Hang Seng Ind...