Singapore and Thailand are in discussions about connecting their national digital payment systems to forge an unprecedented regional alliance, as officials step up efforts to curb the use of cash.The link would bring together Southeast Asia’s first national digital-payment platforms, Singapore’s PayNow and Thailand’s PromptPay, said Naphongthawat Phothikit, director of payment systems policy at the Bank of Thailand.“The Monetary Authority of Singapore and the Bank of Thailand are exploring th

ASEAN (Association of Southeast Asian Nations) is facing unpredictable times ahead.

Kwek, not Quek. It's not enough that a Malaysian tycoon is paying the most ever to build a new office block in Singapore. What's more important is that his billionaire Singapore cousin is staying away.Malaysian billionaire Quek Leng Chan's Guocoland snagged the Beach Road site for a record S$1.62 billion (1.2 billion dollars), beating four suitors, out of which another three were foreign.

“The return on investment is not attractive enough to go ahead with the plan. International canals like Panama and Suez have been effective because they are essential to trade, cutting off weeks and months of travel," Damrong Kraikruan, Ambassador of Thailand to Malaysia, said in a special media briefing held in Kuala Lumpur.“The most Kra Canal would save shippers is only a few days. Another factor to consider is would west-going ships use it or will they go down to Singapore?

The Malaysian Grand Prix is "200 percent" cancelled after this weekend's final race, the circuit's head told AFP, adding that the loss-making event had been hit hard by competition from neighbouring Singapore.The high-speed Sepang International Circuit, with its tough, tropical recipe of steamy heat and unpredictable rain will disappear from the Formula One calendar after 19 races dating back to 1999. And Asia's second-oldest race after Japan is not likely to return a

Do you know how the internet works? Have you ever wondered how you could be sitting at home in Singapore or any other Southeast Asian country and be able to watch the latest "Game of Thrones" trailer on YouTube which was released in the US?

An electric car-sharing service will be launched in Singapore in December, in what the company behind the scheme said Wednesday was a first for Southeast Asia.BlueSG, a subsidiary of France's Bollore Group, said that 80 cars and 30 stations where vehicles can be picked up and dropped off would be operational by the end of the year.The group plans to roll out 1,000 of its custom-built Bluecars by 2020, as well as numerous stations and charging points.The affluent city-state – whose genera

Singapore home prices have reached a bottom and will rebound, while Hong Kong’s “crazy” housing market will continue to defy gravity, according to BNP Paribas.“Very significant” income growth will drive the first leg of a recovery in home prices in Singapore, where property ownership as a proportion of household assets is near a record low, BNP’s Asia-Pacific head of research for financial institutions and property Wee Liat Lee said in an interview while visiting the city-state.

Singapore banks have closed accounts of several companies which specialise in providing cryptocurrency and payments services, according to two local bodies which represent financial-technology firms.Noting that cryptocurrency firms have had similar problems with their banks in other countries, the head of Singapore’s Cryptocurrency and Blockchain Industry Association, or Access, asked the government to step in.“From our analysis, it appears to be common among leading FinTech hubs,” Access Cha

Singapore Prime Minister, Lee Hsien Loong announced in his annual National Day address in 2013 that the Singaporean government will be relocating its existing port operations to a new location in Tuas by 2027. This relocation is expected to free up land in Tanjong Pagar where the current port is located.