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Month: November 2022

Posted on 08/11/2022

Measures to protect Singapore’s energy market from 2023 will incur higher costs: Tan See Leng

MTI and EMA will implement the measures in a calibrated way, to balance the cost burden while ensuring that electricity remains affordable. Read more at straitstimes.com.

Posted on 08/11/2022

Singapore badminton star Loh Kean Yew up to world No. 3 in ‘crazy’ year

He is one of the quickest men on the badminton court, but even Singapore’s Loh Kean Yew has surprised himself at the speed with which he has shot up the world rankings.

Posted on 08/11/2022

The rise of $100 million net worth individuals: Why Singapore’s luxury property market still has room for growth

At this stage of cooling measures, there’s growing concern that even Singapore’s stable climate might put off foreign property investment.The Additional Buyers Stamp Duty (ABSD) rate for foreigners ...

Posted on 08/11/2022

Ports of Singapore and LA, Long Beach to Establish a Green and Digital Shipping Corridor

Port of Los Angeles, Port of Long Beach and C40 Cities have begun discussions to establish a green and digital shipping corridor between Singapore and the San Pedro Bay port complex. The corridor will ...

Posted on 08/11/2022

Singapore proposes to raise carbon tax to S$25 per tonne for greenhouse gas emissions in 2024 and 2025

Progressive increases will set Singapore on a trajectory to reach between S$50 to S$80 per tonne by 2030, said Minister for Sustainability and the Environment Grace Fu.

Posted on 08/11/2022

OCBC enables authentication tech for foreign business owners to open new bank account

OCBC Bank is making it easier for foreign owners of Singapore-incorporated small and medium-sized enterprises (SMEs) to open business banking accounts, through the use of digital passport ...

Posted on 08/11/2022

The Big Read: Defying doubters, Singapore built a flourishing start-up scene within a decade. Can it take the next step up?

"Scale-ups" refer to start-ups that have a stable business model and have proven their viability. Based on this measure, Dr Wong said that Singapore is “making good progress”, though he ...

Posted on 08/11/2022

Singapore to raise Assurance Package by $1.4b

This is due to the inflation situation in the market. Deputy Prime Minister Lawrence Wong said the government will add $1.4b to the Assurance Package, bringing the total to $8b to aid households ...

Posted on 08/11/2022

Here’s how you can get tickets for Itzy’s Singapore concert in January

Ticketing details have been announced for the K-pop girl group’s show on Jan 28 at the Star Theatre. Presale starts on Nov 10.

Posted on 08/11/2022

Singapore must be prepared for more volatile global energy market going forward: Tan See Leng

SINGAPORE: Singapore must be prepared for a more volatile global energy market going forward, with the energy crunch that started last year unlikely to be the last, Second Minister for Trade and ...

Posted on 08/11/2022

Singapore estimates carbon emissions to peak between 2025 and 2028

In Singapore's second update to its 2030 Nationally Determined Contribution, it indicated a reduction in emissions to about 60 million tonnes of carbon dioxide equivalent in 2030 – a 5 million-tonne ...

Posted on 08/11/2022

Shoppers are back, but higher interest rates and weak currencies cloud Starhill Global REIT’s outlook: OCBC

Higher interest rates and the weak Malaysian ringgit and Australian dollar have dampened Starhill Global REIT’s (SGREIT) outlook, say OCBC Investment Research analysts. The REIT owns interests in ...

Posted on 08/11/2022

Singapore ranks fifth out of 30 economies in index on sustainable trade

Singapore is rated fifth in the world when it comes to sustainable trade, which covers economic, societal and environmental aspects, according to a report released on Tuesday.

Posted on 08/11/2022

Singapore estimates carbon dioxide equivalent emissions to peak between 2025 and 2028

In Singapore's second update to its 2030 Nationally Determined Contribution, it indicated a reduction in emissions to about 60 million tonnes of carbon dioxide equivalent in 2030 – a 5 million-tonne ...

Posted on 08/11/2022

IMDA, Huawei launch incubator for startups in technology sector

HUAWEI Cloud, in partnership with the Infocomm Media Development Authority’s (IMDA) Pixel Innovation Hub, launched a new incubator programme for early-stage Singapore-based startups in the pre-seed ...

Posted on 08/11/2022

Singapore MoH: 3,300 Covid-19 cases contracted in healthcare facilities between April and Sept, less than 1pc of national total

Some 3,300 reported Covid-19 cases were contracted in healthcare facilities, of which around 300 were from clusters in hospitals and around 3,000 ...

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