Sunday, December 29, 2024

Singapore’s port handles record of over 40 million shipping containers in 2024


In 2024, Singapore’s port – consisting of terminals operated by both PSA and Jurong Port – surpassed the 2023 record
of 39.01 million TEUs.PHOTO: ST FILE


Esther Loi
DEC 28, 2024


SINGAPORE – Singapore’s largest port operator PSA handled more than 40 million shipping containers, or twenty-foot equivalent units (TEUs), in 2024, a record-breaking feat that it has called a “significant milestone”.

This means that in 2024, Singapore’s port – consisting of terminals operated by both PSA and Jurong Port – surpassed the 2023 record of 39.01 million TEUs, said Transport Minister Chee Hong Tat in a Facebook post on Dec 27.

Tuesday, December 10, 2024

Govt blocks Income-Allianz deal (acquisition by Allianz)

 



Singapore blocks Income-Allianz deal but leaves door open if concerns over public interest are fully addressed



The Ministry of Culture, Community and Youth says it is not confident that the proposed transaction would not affect Income, or the co-op movement as a whole to carry out its social mission.
German insurer Allianz announced in July it was planning to buy a majority stake in Singapore's Income Insurance.
(Photos: CNA/Try Sutrisno Foo, Reuters)


Ang Hwee Min

14 Oct 2024
 

SINGAPORE: The Singapore government has intervened to stop the proposed deal between Income Insurance and German insurer Allianz.

Sunday, December 8, 2024

From high-rollers to roller-coaster geeks, Singapore's IRs are reeling them in but is it enough to stay ahead?

Having tasted success, new challenges await Singapore’s integrated resorts as neighbouring countries including the Philippines and Japan are ramping up their own tourism offerings.
 

 


Renald Loh

07 Dec 2024

Soaring high at 200 metres and gleaming gold at sunset, the architectural marvel that is Marina Bay Sands (MBS) is at once a striking silhouette of Singapore’s skyline and a symbol of its riches.

While the integrated resort’s (IR) impressive facade and iconic SkyPark have drawn the rich and famous from overseas, its counterpart southwest of the island appeals more to tourists such as 43-year-old Australian Kacy McDonald and her family.

Videos of travel influencers screaming their lungs out on roller coasters at Universal Studios Singapore (USS) and showing off their hauls from its novelty shops had captured the attention of Ms McDonald’s young children.

That's why Resorts World Sentosa (RWS), home to the USS theme park — and not the lavish MBS — was at the top of the list for the family's six-day holiday itinerary.

Wednesday, September 18, 2024

Sumatran Squall, 17 Sept 2024

 A report on the Sumatra Squall that struck Singapore on 17 Sept.



CNA Explains: What is a Sumatra squall and how did it bring a sudden storm to Singapore?

What are the characteristics of a Sumatra squall? How often does it occur and how bad can it get? CNA speaks to weather experts.



Lessons from Russo-Ukraine War

Video: Singapore is studying Ukraine conflict very closely: Ng Eng Hen (CNA)

Ukraine is “the most modern fought war in recent times”.

Tuesday, September 17, 2024

Pope Francis commends Singapore's policies supporting the vulnerable, hopes for special attention to poor and elderly

Pope Francis also highlighted the risk of focusing solely on pragmatism or "placing merit above all things", consequently excluding the marginalised from benefiting from progress. 

Pope Francis and Singapore President Tharman Shanmugaratnam at the pope’s state address on Sep 12, 2024. (Photo: CNA/Syamil Sapari)


Ang Hwee Min

12 Sep 2024 

SINGAPORE: Pope Francis has commended Singapore's policies to support the most vulnerable, adding that he hopes special attention will be paid to the poor and the elderly.