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Category: BUSINESS

Posted on 25/10/2024

Singapore factory output eases to 9.8% in September, but Q3 GDP set for upward revision

SINGAPORE’S third-quarter economic growth is likely to be revised by at least half a percentage point, following better-than-expected factory output in September, economists said. Read more at The ...

Posted on 25/10/2024

Singapore biomed production breaks out of slump, EDB says at least 1,000 new jobs in pipeline

The sector contracted by 22.4% between January and August, compared with the same period in 2023. Read more at straitstimes.com.

Posted on 25/10/2024

Singapore firms prefer using RAG and SLMs over chatbots, LLMs, and digital assistants compared to global peers

According to Singapore Business Review, the report found that only five in 10 businesses in Singapore use chatbots, LLMs, and digital assistants compared to its global peers. This is lower than the ...

Posted on 25/10/2024

Singapore government cautions against firms and countries jumping ‘too quickly’ into carbon markets

Bilateral agreements become “flimsy” when countries lack clarity on meeting their own climate goals while selling carbon offsets, says Benedict Chia, director-general of climate change at the republic ...

Posted on 25/10/2024

Las Vegas Sands to spend $8 bln to expand MBS resort in Singapore

Casino operator Las Vegas Sands plans to invest $8 billion in Singapore to expand its Marina Bay Sands resort, a major bet by the Nevada-based firm on the city-state's tourism market.

Posted on 25/10/2024

All 14 charges withdrawn for ex-lawyer accused of alleged links to illegal moneylending business

She was granted a discharge amounting to an acquittal and can't be charged again over same offences. Read more at straitstimes.com.

Posted on 24/10/2024

FSRU is smart move for Singapore’s second LNG import facility

OPINION: Singapore LNG (SLNG) has settled on a floating storage and regasification unit for its second liquefied natural gas import scheme, which will boost the company’s LNG import capacity to up to ...

Posted on 24/10/2024

Singapore grants conditional approval for solar power import from Australia

Singapore has granted conditional approval to Sun Cable (Singapore) Assets to import low-carbon electricity from Australia. Singapore – Singapore has granted conditional approval to Sun Cable ...

Posted on 24/10/2024

GTF CONNECT SINGAPORE 2024: PROF. BENJAMIN HORTON MAKES URGENT APPEAL, BUSINESS RISES TO THE CHALLENGE

The GREENTECH FESTIVAL's international event series GTF Connect ran its 3rd consecutive event in Singapore. From October 21st to 23rd, the prestigious Sofitel Singapore on Sentosa Island was ...

Posted on 24/10/2024

Singapore’s export recovery feeling effects of global slowdown

SINGAPORE - Singapore’s key exports expanded year on year for a third straight month in September but at slower pace, according to figures released by Enterprise Singapore on Oct 17. Non-oil domestic ...

Posted on 24/10/2024

Pantera-Backed Crypto Exchange VALR Launches Futures Trade Arena with Exciting Rewards

VALR has launched the Futures Trade Arena, a competitive crypto trading platform offering rewards based on traders' PnL and ROI.

Posted on 24/10/2024

Singapore is now 5th most internationally connected and influential city, up from 7th last year

The city-state rose due to increased business activity, success in the human capital dimension, an almost perfect score in ease of entry, and strong digital capabilities ...

Posted on 23/10/2024

Singapore LNG signs deal with Japan’s Mitsui OSK Lines for second LNG terminal

Singapore LNG Corporation (SLNG) has agreed to charter from a unit of Japan's Mitsui O.S.K. Lines (MOL) a newly built floating storage and regasification unit (FSRU) as the island nation's second ...

Posted on 23/10/2024

Crypto Custody Firm Komainu Expands into Singapore with Acquisition of Propine Holdings

In a statement, prominent crypto custody firm Komainu announced plans to acquire Singapore-based custodian Propine Holdings Ltd.

Posted on 23/10/2024

Komainu targets Singapore custodian Propine for first acquisition

Komainu has targeted Singapore-based Propine Holdings for acquisition, expanding its crypto custody services in Asia. The deal requires approval from the Monetary Authority of Singapore.

Posted on 23/10/2024

Son of Singapore’s founder says he has been granted political asylum in the U.K.

Lee Hsien Yang, estranged brother of former Prime Minister Lee Hsien Loong, has accused Singapore's government of persecuting him, his wife and his son.

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