Singapore is often praised for its economic prosperity, political stability, and financial transparency. Yet, beneath this polished image, the country has become a conduit for the global flow of both licit and illicit Chinese capital. Its political elites play both sides while maintaining the corporate structures and financial institutions thatContinue Reading
Singapore’s budget for 2025 has been released, and it is clear 2024 was a pretty good year for the city-state, at least in terms of fiscal solvency. The economy grew by around 4.4 percent in 2024, driving tax receipts higher than expected. With solid returns from state investment funds likeContinue Reading
The U.S. government is investigating whether the Chinese artificial intelligence (AI) company DeepSeek has been using U.S. chips that are barred from being shipped to China, including from third parties in Singapore. In a report on Friday, Reuters quoted a source as saying that the U.S. Commerce Department is lookingContinue Reading
An agreement on the Johor-Singapore Special Economic Zone (JS-SEZ) was announced in early January, after several months of negotiations. The project encompasses a large part of the southern Malaysian state of Johor, and is intended to increase economic ties between Malaysia and Singapore, while also attracting investment into priority sectorsContinue Reading
