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Category: BUSINESS

Posted on 11/09/2024

Singapore Investigating Seven People for Providing Worldcoin Services

Singapore is investigating seven "subjects" for offering services of buying or selling of Worldcoin accounts and tokens which is an offence, a written reply in parliament by the government revealed on ...

Posted on 11/09/2024

Jail for ‘glorified secretary’ who facilitated crypto Ponzi scheme that scammed victims of $1.1m

Chen Wei, 43, was sentenced to 4 years’ jail and fined $6,000 for his role in the scam. Read more at straitstimes.com.

Posted on 11/09/2024

Pope lands in economic power Singapore after a joyous visit to impoverished, devout East Timor

The joyous encounter came just hours after around 600,000 people — or nearly half the population — packed a seaside park for Francis’ Mass. It was held on the same field where St. John Paul II prayed ...

Posted on 11/09/2024

Economists raise Singapore’s 2024 growth forecast to 2.6%: MAS survey

But growth outlook for key manufacturing sector slashed to 0.6%, from 1.6% in the June survey. Read more at straitstimes.com.

Posted on 11/09/2024

Singapore shares rose on Wednesday—STI increased by 0.4%

The tech-heavy Nasdaq Composite Index climbed 0.8% to 17,025.88. The S&P 500 also increased 0.5%, closing at 5,495.52 ...

Posted on 11/09/2024

Q&M Dental to acquire dental clinic business in Bukit Timah for S$800,000

Q&M Dental Group (Singapore) has entered into a binding memorandum of understanding (MOU) to acquire the dental clinic business of Veritas Dental for S$800,000. Read more at The Business Times.

Posted on 11/09/2024

‘Fewer than 100 energy-intensive buildings’ in Singapore to undergo audits, improvement works under new law

The Mandatory Energy Improvement regime, which will require owners of energy-intensive buildings to carry out an energy audit and implement measures to reduce energy use, is set to kick in from the ...

Posted on 11/09/2024

Crypto ownership dips in S’pore but is stable in US, UK and France: Poll

The report found that sell-offs here have slowed down in the past six months as the market improved. Read more at straitstimes.com.

Posted on 11/09/2024

COTD: Singapore’s trade sees 10.1% growth in Q2 with rising imports and exports

Singapore’s merchandise exports maintained a positive growth trajectory, whilst the manufacturing contraction eased in Q2 2024, McKinsey reported. Merchandise exports grew 7.6%, whilst imports ...

Posted on 11/09/2024

Indonesia, Singapore seal deal on renewable energy export

Indonesia signed an agreement to export renewable energy to Singapore, during the recent International Sustainability Forum (ISF) in Jakarta.

Posted on 11/09/2024

Singapore interested in liberalised air services pact with India: Transport minister Chee Hong Tat

India and Singapore strengthen ties through comprehensive strategic partnership, focusing on aviation and shipping cooperation for economic growth.

Posted on 10/09/2024

Singapore tweaks casino law to allow cashless gaming; ‘no intention’ of letting crypto be used to bet

Amendments to the Casino Control Act will also see the Home Affairs Minister overseeing functions related to the whole of government at the strategic level, while the Gambling Regulatory Authority ...

Posted on 10/09/2024

Seven Under Investigation as Singapore Cracks Down on Worldcoin Trading

Singapore authorities have launched an investigation into seven individuals allegedly involved in the illicit trading of Worldcoin accounts.

Posted on 10/09/2024

Sam Altman’s Crypto Project Worldcoin Faces Scrutiny in Singapore

Singapore is scrutinising activities related to Worldcoin, a cryptocurrency project that utilizes iris scans for user identification.

Posted on 10/09/2024

Higher costs to protect platform workers ‘part and parcel’ of doing business, says Koh Poh Koon as law passes

Market competition and union-like associations can help to counter any loading of costs onto platform workers and fears of discrimination if they opt for higher CPF contributions, said Senior Minister ...

Posted on 10/09/2024

Rising women power will not shield Singapore companies from fierce headwinds

WOMEN are busy smashing glass ceilings abroad and at home. Vice-President Kamala Harris could be the first woman ever to lead the United States if she wins in November’s presidential election. Read ...

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