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Category: BUSINESS

Posted on 15/09/2025

Citi names Lee Lung Nien as Singapore country officer and banking head

SINGAPORE: Citigroup has appointed Lee Lung Nien as its Citi Country Officer and Banking Head for Singapore, the U.S. bank said in a statement on Monday.

Posted on 15/09/2025

Singapore approves import of 2 GW low carbon power from Indonesia – minister

JAKARTA, Sept 8 (Reuters) - Singapore's Energy Market Authority (EMA) has given conditional approval for the import of two gigawatts of low-carbon electricity from a solar power project in Indonesia, ...

Posted on 15/09/2025

Singapore gets two new LNG players – find out who has won term import deals

Singapore has two new liquefied natural gas suppliers after the Energy Market Authority (EMA) appointed ExxonMobil LNG Asia Pacific and Sembcorp Fuels as new term LNG importers. The EMA is a statutory ...

Posted on 14/09/2025

UAE joins global effort to combat crypto crime

The United Arab Emirates (UAE) has intensified its efforts to combat global crypto crime after it was present at the International Cryptocurrency Security Action Week workshop held in Singapore. The ...

Posted on 14/09/2025

The slop bowl wars make their way to Asia as Chipotle expands to Singapore and South Korea

Chipotle this week announced plans to expand to Singapore and South Korea. The chain's arrival in Asia heats up the international "slop bowl" battle.

Posted on 13/09/2025

Singapore’s weak March exports cast pall over outlook

SINGAPORE, April 17 (Reuters) - Singapore's exports in March fell more than expected on declines in shipments to the United States and Europe, official data showed on Thursday, clouding the city-state ...

Posted on 13/09/2025

Singapore’s tax revenue surges 10.7pc on corporate gains and higher GST, says IRAS

Singapore collected S$88.9 billion (RM291.3 billion) in tax revenue in the 2024/25 financial year, a 10.7 per cent increase from the previous year, ...

Posted on 13/09/2025

Wealthy Chinese are leaving Singapore to rival wealth hubs like Hong Kong and Japan

Singapore’s image as a safe haven for wealthy mainland Chinese families is eroding. The wealthy Chinese are now finding their way back to rival wealth hubs like Hong Kong and Japan. The inflow of ...

Posted on 13/09/2025

The rich of China are exiting Singapore as wealth regulations tighten

Wealthy Chinese leave Singapore to rival wealth hubs like Hong Kong and Japan. Henley & Partners estimates that only 1,600 millionaires will move to Singapore this year.

Posted on 12/09/2025

Singapore commends Malaysia’s Asean leadership, eyes stronger bilateral ties

SINGAPORE: Singapore deeply appreciates the steady hand with which Malaysia has steered Asean this year under Prime Minister Datuk Seri Anwar Ibrahim's leadership, and will continue to strongly ...

Posted on 12/09/2025

Singapore boards are unprepared for future complexities: Piyush Gupta

He notes that the role of the board transcends beyond just being a ‘policeman’; it also needs to be a ‘navigator’ and ‘shepherd’ Read more at The Business Times.

Posted on 12/09/2025

Bitunix Exchange Becomes Official Platinum Sponsor of TOKEN2049 Singapore

TOKEN2049 in Singapore will be the 10th event that Bitunix will sponsor in 2025. The exchange has sponsored events in Asia, Europe, and Latin America this year. Some of the highlights are the Title ...

Posted on 12/09/2025

Singapore’s Carro eyes M&A, Australia foray ahead of potential dual listing

Carro, Southeast Asia's largest used-car online marketplace, is weighing a dual listing and plans to bulk up for it by expanding into Australia and pursuing two to three acquisitions as early as the ...

Posted on 11/09/2025

Singapore tax revenue rises 10.7% to S$88.9 billion amid strong economic growth, consumer spending

SINGAPORE: Tax collection in Singapore rose by 10.7 per cent, driven by robust economic growth and higher consumer spending.

Posted on 11/09/2025

Singapore’s tax revenue up 10.7% at S$88.9 billion in FY2025 on robust growth and higher consumption

Corporate tax takings rise 6.7% to S$30.9 billion and remain the largest contributor Read more at The Business Times.

Posted on 11/09/2025

S’pore collected S$88.9 billion in tax revenues, up 10.7% from previous fiscal year

This represents about 12.2 per cent of Singapore's Gross Domestic Product and 76.9 per cent of the Singapore Government's operating revenue. This is a 10.7 per cent increase from the previous FY, ...

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