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Month: November 2024

Posted on 15/11/2024

Singapore stocks extend gains on Nov 15; STI up 0.2%

There were few viable leads for investors to grasp on Nov 15 after the US Federal Reserve opted for a slow and steady approach to interest rate cuts, but local shares still managed to rise for the ...

Posted on 15/11/2024

Singapore investigates cutting-edge technology to combat future catastrophic oil spills: ‘It could have been quite useful’

Finding effective and efficient ways to clean up the damage is imperative in protecting the environment. Singapore investigates cutting-edge technology to combat future catastrophic oil spills: 'It ...

Posted on 15/11/2024

Singapore cyber defenders fight simulated attacks to AI-enabled systems in 3-day exercise

More than 200 participants from SAF, government agencies and private organisations took part in Cidex. Read more at straitstimes.com.

Posted on 15/11/2024

Singapore clears South Korean Hanwha’s buyout of Dyna-Mac

Singapore's competition regulator cleared South Korean conglomerate Hanwha Group's S$790.6 million ($589.30 million) takeover offer for oil contractor Dyna-Mac on Friday. The acquisition will provide ...

Posted on 15/11/2024

Singapore firms captured US$5.45bil in venture capital in first nine months of 2024 despite slump

SINGAPORE: Despite a slump in funding, Singapore’s venture capital market remained active in the first nine months of 2024.

Posted on 15/11/2024

Travellers fined nearly $3.5m for tax evasion: Branded bags, jewellery, Labubu among undeclared items

From January to October this year, 13,099 travellers were caught across Singapore's air, land and sea checkpoints for evading Goods and Services Tax (GST) payments. A total of $3,471,043 in fines was ...

Posted on 15/11/2024

PC Partner commences trading in Singapore, opens at S$0.85

HONG KONG-based electronics company PC Partner Group began trading on the mainboard of the Singapore Exchange (SGX) on Friday (Nov 15) at S$0.85. Read more at The Business Times.

Posted on 15/11/2024

Singapore’s GIC to Keep Investing in US, Lee Hsien Loong Says

Singapore’s sovereign wealth fund GIC Pte. believes in the long-term potential of the US and will continue to invest there even as geopolitical rivalries heat up, according to former prime minister ...

Posted on 15/11/2024

Singapore Home Sales Reach 11-Month High on Suburban Demand

Singapore home sales rose to the highest level in nearly a year, after developers released more inventory in suburban districts.

Posted on 15/11/2024

A millennial couple in Singapore spent 8 months turning a rundown unit into their dream home. Take a look inside.

The couple told BI that they viewed 20 different places before buying the first floor of a 1950s house for about $1.34 million.

Posted on 15/11/2024

The Big Read: Can a higher carbon tax lead Singapore to the promised green land?

From oil majors to gencos and customers, everyone will be impacted by the rise in carbon taxes, but Singapore has to be prepared to do what it takes to reduce emissions and invest heavily in ...

Posted on 15/11/2024

Global Crypto Market Surges Past $3 Trillion on Hopes for Trump-Fueled Growth

The global cryptocurrency market has reached over $3 trillion, fueled by optimism surrounding regulatory support under Donald Trump.

Posted on 15/11/2024

Singapore looks to imported green power from Asean neighbours to meet carbon goals

SINGAPORE will increase imports of green electricity from fellow members of the Association of Southeast Asian Nations (Asean) as it seeks to decarbonise its power system to help meet its climate ...

Posted on 15/11/2024

Labubu, luxury bags: More than 13,000 travellers fined more than $3 million over undeclared goods

The bags and accessories, which were intended as gifts, were from brands such as Louis Vuitton, Prada, Yves Saint Laurent, Dior and Balenciaga. There were also Pop Mart toys, including Labubu ...

Posted on 15/11/2024

Singapore Is Attempting a Green Transformation

On this episode of the Bloomberg Originals series Momentum, we show how the city-state is leveraging cutting-edge technology to “future-proof” itself.

Posted on 15/11/2024

An inside look at a new camp for Singapore Armed Forces troops, in expanded Australian training ground

SHOALWATER BAY, Queensland: A new camp has been set up for Singapore Armed Forces (SAF) troops in an expanded training area in Australia. Known as Camp Tilpal, it can accommodate 2,000 people, up from ...

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