Fast fashion brand must clear hurdles before going public

It’s no secret that Shein has ambitions to go public, but the fast-fashion juggernaut will have to overcome a slew of hurdles before it can win over Wall Street. The digitally native retailer skyrocketed to prominence during the Covid-19 pandemic after shoppers across the globe fell in love with its fashion-forward designs, endless assortment and … Read more

Singapore and US sync up on AI governance and set up joint group

Andriy Onufriyenko/Getty Images Singapore and the US have synced up their respective artificial intelligence (AI) frameworks to ease compliance and will continue to work together to drive “safe, trustworthy, and responsible” AI innovation.  Singapore’s Infocomm Media Development Authority (IMDA) and the US National Institute of Standards and Technology (NIST) completed the joint mapping exercise between … Read more

Bomb threat forces U-turn of Scoot plane traveling from Singapore to Perth, airline says

Singapore low-cost airline Scoot says one of its planes made a U-turn back to the city-state an hour after taking off for Perth due to a bomb threat ByThe Associated Press October 12, 2023, 8:18 AM KUALA LUMPUR, Malaysia — Singapore low-cost airline Scoot said Thursday that one of its planes made a U-turn back … Read more

Singapore’s digital economy nearly doubled in 5 years

Vistors to Marina Bay walk on a bridge with a view of the Central Business District in Singapore on Sunday, 18 June 2023. (Photo by Joseph Nair/NurPhoto via Getty Images) (Photo by Joseph Nair/NurPhoto via Getty Images) Joseph Nair | Nurphoto | Getty Images SINGAPORE — Singapore’s digital economy contributed to more than 17% of … Read more

Financial Firms Are Flocking to Singapore But Hong Kong Keeps Its Edge

The boldfaced names in money management can’t get enough of Singapore these days. Billionaire Ray Dalio has set up shop to manage some of his personal fortune there. Ken Griffin and Steve Cohen are on hiring sprees. From Singapore’s earliest years as an independent state, it’s aimed to be one of the key locales through … Read more

Parenting tips Singaporean mum learned from raising kids in Sweden

For the past nine years, Min, a Singaporean, has been traveling and working in various places — from South Korea to Spain and now, Sweden.  Together with her husband and two kids, aged five and seven, she lives in a university town one hour away from Stockholm — a far cry from the hustle and … Read more

Asian Games: Shanti Pereira ends Singapore athletics gold drought

Singapore’s Shanti Pereira celebrates winning the women’s 200m final athletics event during the 2022 Asian Games in Hangzhou in China’s eastern Zhejiang province on October 2, 2023. (Photo by WILLIAM WEST / AFP) When Shanti Pereira sprinted to Singapore’s first athletics Asian Games gold in 49 years no one was prouder than her parents watching … Read more

Fugitive founder of 3AC crypto hedge fund arrested in Singapore

Sopa Images | Lightrocket | Getty Images Authorities have arrested crypto fugitive Su Zhu, co-founder of bankrupt digital asset hedge fund Three Arrows Capital, who was apparently attempting to flee Singapore. Liquidators handling the bankruptcy estate of the collapsed fund, known as 3AC, said in a statement on Friday that Zhu was apprehended at Changi … Read more

The co-founder of a collapsed crypto hedge fund was arrested in Singapore

Su Zhu, the co-founder of the collapsed crypto hedge fund Three Arrows Capital (3AC), was arrested in Singapore on Friday. Zhu was taken into custody while attempting to leave the country from Singapore’s Changi Airport, as reported earlier by Bloomberg. Teneo, the liquidation firm in charge of liquidating 3AC’s assets, says it received a committal … Read more