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Category: BUSINESS

Posted on 16/09/2024

Are Govt policies and big business interests limiting competition in Singapore?

This opinion piece from Foong Swee Fong explores concerns about how restrictions on private driving instructors and rising COE prices may reflect a broader trend of collaboration between large ...

Posted on 16/09/2024

Singapore’s businesses weather carbon tax hike with minimal impact, SEAS survey reveals

SINGAPORE: A significant portion of Singapore’s companies have weathered the recent carbon tax increase with little to no impact on their operations, according to a survey by the Sustainable Energy ...

Posted on 16/09/2024

Fewer than 4 in 10 Singapore companies face ‘minimal impact’ from carbon tax hike: report

CLOSE to 40 per cent (37 per cent) of companies in Singapore experienced “minimal impact” from the hike in carbon tax, according to a survey conducted by the Sustainable Energy Association of ...

Posted on 15/09/2024

Johor-Singapore SEZ: International firms call for reduced red tape, improved infrastructure for zone to be a success

While recognising Johor’s potential to become an economic hub through the proposed SEZ, firms told CNA that the state must introduce more business-friendly measures such as streamlining regulatory ...

Posted on 15/09/2024

ST Explains: What does S’pore’s more ambitious clean import targets mean for energy transition?

Asked whether the share of natural gas in Singapore’s energy mix will likely drop, ISEAS – Yusof Ishak Institute director and chief executive Choi Shing Kwok said that the higher power import targets, ...

Posted on 15/09/2024

MCM Pacific PTE Ltd: GST AAR Ruling on Zero-Rated Supply for Export

In conclusion, the AAR ruled that MCM Pacific’s procurement and export plans from Lanco Kondapalli Power Ltd would not be classified under zero-rated supplies as per the IGST Act. Therefore, the ...

Posted on 15/09/2024

Ride-hailing app Tada integrates TON crypto payments for Singapore rides

The TON Foundation announced a collaboration with Tada, a ride-hailing application in Singapore that will allow users to book rides and pay with crypto. With the collaboration, Tada launched a ...

Posted on 15/09/2024

They Can’t Arrest Us All in Singapore” says Mutant Labs Core Team Member

In a bizarre twist of events, Winter, a core member of the Mutant Labs team, has called for a protest in Singapore. Winter, whose X (formerly Twitter) profile picture is a screaming cat, refers to ...

Posted on 15/09/2024

ST Explains: S’pore announced more ambitious clean import targets. What would this mean for our energy transition?

SINGAPORE – The Republic recently announced it would increase its electricity import goal from 4GW to 6GW by 2035 after giving the green light to import 1.4GW of additional solar power from Indonesia.

Posted on 15/09/2024

S’pore consumers unlikely to see big hike in electricity prices from clean imports: Observers

The clean power will mostly be purchased by companies looking to slash their emissions, they said. Read more at straitstimes.com.

Posted on 15/09/2024

Planning a trip to Singapore? Here are 5 things you should leave behind

Singapore is known for its strict adherence to customs and laws. Travellers should be aware of items banned in the country, including chewing gum, e-cigarettes, drugs, sharp objects, and living fish ...

Posted on 15/09/2024

Singapore ranks as the 2nd leading source of global cross-border capital in 2024

Following Singapore, the top ten sources of cross-border capital from the Asia Pacific region are Hong Kong (fourth), Japan (eighth), and China (tenth) ...

Posted on 14/09/2024

Singapore Customs issues scam alert on ‘parcel clearance’ fraud SMS and phishing link

Singapore Customs would like to alert the public about a circulating Scam SMS. The SMS FALSELY claims to be from Singapore Customs by identifying itself as ‘S.G. Customs’. We do NOT use ‘SGCustoms’ ...

Posted on 14/09/2024

SMS impersonation scam alert: Singapore Customs warns the public about SMS from “S.G. Customs” sent out by scammers

For verification or concerns about SMS messages claiming to be from Singapore Customs, the public is advised to contact the agency directly at customs_feedback@customs.gov.sg. More information about ...

Posted on 14/09/2024

Singapore Customs warns public against falling for impersonation SMS scam

The agency said it does not ask recipients for their details in messages in exchange for their goods. Read more at straitstimes.com.

Posted on 13/09/2024

WazirX Hack: Bleak Outlook if Singapore Moratorium is Rejected

WazirX faced a $230M hack and sought a Singapore court moratorium. If denied, restructuring delays could leave users in prolonged uncertainty.

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