Scandals will hurt squeaky clean Singapore, but not too much

Scandals will hurt squeaky clean Singapore, but not too much
White-clad supporters at a rally for the People's Action Party, which has held power in Singapore for more than six decades. (Image: Bloomberg)
Bloomberg
By Daniel MossTo understand why even the whiff of scandal can create big waves in Singapore, it’s helpful to consider economics – of six decades ago, not just the past six months.For Lee Kuan Yew, Singapore’s first prime minister, the young republic’s best hope of survival after divorce from Malaysia was to transform itself into a base camp for multinational corporations. A tiny country that functioned well in a volatile region. That meant infrastructure, an educated workforce, law and order, competitive taxes. Also...

More Bloomberg

Singapore becomes hot spot for M&A bankers hunting Asia deals
Finance

Singapore becomes hot spot for M&A bankers hunting Asia deals

The island is a magnet for parties interested in mergers and acquisitions.

Bloomberg 28 Jun 2024
Wall St backers see breakthrough moment for carbon offsets
Climate change

Wall St backers see breakthrough moment for carbon offsets

Promoters' big wins include Biden administration's blessing of the credits.

Bloomberg 22 Jun 2024
Nvidia’s rise to US$3 trillion fuels ‘Jensanity’ in the tech world
Technology

Nvidia’s rise to US$3 trillion fuels ‘Jensanity’ in the tech world

At Computex, cheering, chanting fans followed the billionaire everywhere.

Bloomberg 15 Jun 2024
Google's AI keeps hallucinating. Does anyone care?
Technology

Google's AI keeps hallucinating. Does anyone care?

Complacency over AI errors will only make the search experience worse.

Bloomberg 02 Jun 2024