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Category: BUSINESS

Posted on 11/02/2025

Singapore Dollar Weakens Amid Rising Global Trade Tensions

The Singapore dollar weakened against its U.S. counterpart amid rising global trade tensions that typically undermine risk appetite.

Posted on 11/02/2025

HSBC buys stake in Singapore EV charging operator SP Mobility

THE asset management arm of HSBC has acquired a stake in Singapore electric vehicle (EV) charging point operator SP Mobility. A joint statement issued on Tuesday (Feb 11) did not elaborate on the size ...

Posted on 11/02/2025

Pay with crypto to party and travel? Some younger consumers prefer this, but growth is slow

Some merchants are looking to ride on the crypto payments wave but analysts say the pick-up is slow. Read more at straitstimes.com.

Posted on 11/02/2025

Singapore shares rise on Tuesday; STI up 0.3%

SINGAPORE shares began Tuesday (Feb 11) trading in positive territory with markets abroad ended Monday clocking wins as the threat of steel and aluminium tariffs promised by US President Donald Trump ...

Posted on 11/02/2025

Manulife names Benoit Meslet as new Singapore CEO as insurer reshuffles Asia leadership team

Mr Meslet takes over from Mr Khoo Kah Siang on June 1, pending regulatory approval. Read more at straitstimes.com.

Posted on 11/02/2025

Daily Cuts – Budget 2025: A wish list from Singapore households, families

Rising costs of living and healthcare, and a hope for wage boosts are top of mind for Singaporeans as they prepare to receive the Budget Speech from Prime Minister and Finance Minister Lawrence Wong.

Posted on 11/02/2025

Hong Kong’s Patient Approach to Regulating Crypto Will Pay Off: LegCo’s Duncan Chiu

Devising clear rules for the industry is important, but it can also help to wait for others to move first, argues Chiu.

Posted on 11/02/2025

Illicit crypto volume drops in 2024, but use in terrorist financing up: Report

Report says final estimate for 2024 illicit volume will most likely be well above its estimated US$45b. Read more at straitstimes.com.

Posted on 11/02/2025

Crypto Heist: WazirX Completes Rebalancing Of Assets

Hacked crypto exchange WazirX has completed rebalancing of net liquid assets on the platform as part of a restructuring scheme, which will potentially allow users to receive stolen crypto as early as ...

Posted on 10/02/2025

Singapore releases new emissions targets for 2035, on track to reaching net zero by 2050

Singapore on Monday (Feb 10) committed to reduce its greenhouse gas emissions to between 45 and 50 million tonnes by 2035, down from around 60 million tonnes in 2030. Read more at The Business Times.

Posted on 10/02/2025

Room for Singapore-listed companies to improve anti-corruption disclosure: NUS study

The average overall anti-corruption disclosure score for Singapore-listed companies was 63 per cent. Read more at straitstimes.com.

Posted on 10/02/2025

Manulife appoints new Singapore CEO amid leadership shake-up in Asia

INSURER Manulife has appointed Benoit Meslet, the current chief executive officer of its Japan office, to head its Singapore division. Read more at The Business Times.

Posted on 10/02/2025

Singapore puts pressure on employers to drive OMIP’s success; strict new guidelines unveiled

The first safeguard requires employers to submit a business growth or transformation plan, demonstrating how the overseas posting aligns with the company’s global expansion strategy. Additionally, ...

Posted on 10/02/2025

Most Asia shares fall on trade war jitters; Singapore stocks hit record high

EMERGING markets were jittery on Monday on rising global trade tensions, with equities in three export-reliant Southeast Asian countries dropping sharply, while stocks in Singapore hit a record high ...

Posted on 10/02/2025

Markets react to Trump’s tariffs on steel and aluminium imports

U.S. President Donald Trump said on Sunday he will introduce new 25% tariffs on all steel and aluminum imports into the U.S., on top of existing metals duties. He also said he will announce reciprocal ...

Posted on 10/02/2025

Budget 2025 expected to bring tax rebates, no ‘significant’ tax hikes

Corporate Income and Personal Income Taxes Could Enjoy Rebates, To Alleviate Cost Pressures Read more at The Business Times.

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