Eduardo Saverin, who left the company after two years, has settled in Singapore and is assessing how best to manage the extraordinary wealth that will come his way in Facebook’s initial public offering.
Ultra-affluent families are moving assets to Singapore by setting up family offices — private companies that manage the trusts and investments of rich households.
The move by Temasek Holdings to invest in Industrial and Commercial Bank of China takes the firm deeper into the Chinese banking industry, which now holds four of the world’s top 10 banks.
Responding to one of the voters’ top grievances in elections last May, Parliament has approved significant cuts in the pay of government ministers, which is among the highest in the world.
Semakau Landfill, a popular local getaway in Singapore, is the only active landfill that receives incinerated and industrial waste while supporting a thriving ecosystem.
For most Singaporeans, a government without Lee Kuan Yew at the helm or very near it seemed inconceivable. That break will now come sooner than expected.
Prime Minister Lee Hsien Loong said that his party would re-examine its style of government after it was returned to power with its lowest percentage of the vote since 1965.
Rather than attempting to suppress online political organizing, as China and Vietnam have done, the country is taking a gamble on making it part of the legal campaign system.
The process by which the People’s Action Party has picked new candidates for Parliament has become, for all practical purposes, the system by which Singapore chooses its government and leaders.
The case against Alan Shadrake, a British author, is the latest in a long line of defamation suits brought by the country’s leaders and judiciary against political opponents and foreign publications.
In a nation where runaway urban growth has caused all manner of ills, the developers of CitraLand, in Surabaya, Indonesia, have looked to Singapore for the answers.