Volatile bonds, a confidence crunch and the ECB meets

Two types of story dominated the chatter in the newsroom this week. The watercooler favourite? The antics of high-profile CEOs, with the departure of Nestle’s boss over an undisclosed affair with a subordinate and the resignation of Suntory’s CEO over the possible purchase of illegal substances both causing a stir in the London and Singapore…

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More Singaporeans are living paycheck to paycheck

Customers buying groceries at a supermarket in Singapore. Bloomberg | Bloomberg | Getty Images Singapore’s reputation for financial prudence and high savings is showing signs of strain.  Rising costs and a growing prioritization for experiences and self-care are taking precedence over long-term financial planning, experts observed.  “At the end of every month, when my salary…

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Resorts World Sentosa CEO on integrated resort’s expansion plans

Resorts World Sentosa will “be ready” when Singapore’s Gambling Regulatory Authority considers its casino license renewal in 2026, the company’s CEO Lee Shi Ruh told CNBC late last month. In November 2024, Singapore’s gambling agency announced it was renewing the integrated resort’s casino license for two years, instead of three, citing “unsatisfactory” tourism performance from…

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Singapore is ranked No. 1

Singapore has the world’s strongest passport — again, according to the latest Henley Passport Index. The ranking, released Tuesday, shows the small nation-state retaining the top spot in the index, after it broke a six-way tie for the accolade earlier this year. In 2024, Singapore shared the top ranking with Japan, Germany, Italy, Spain and…

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Las Vegas Sands’ $8 billion luxury resort in Singapore: What to know

Construction has started on an $8 billion “ultra luxurious” integrated resort in Singapore that will expand the city-state’s Marina Bay Sands integrated resort and Las Vegas Sands’ presence in Asia. Singapore’s Prime Minister Lawrence Wong and Las Vegas Sands co-founder Miriam Adelson attended a ground-breaking ceremony Tuesday, where it was revealed that the development will…

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