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Category: BUSINESS

Posted on 09/09/2024

Singapore introduces legislation for top-up corporate taxes, in line with Pillar 2 of BEPS 2.0

SINGAPORE has introduced legislation for a previously announced domestic top-up tax, in line with changes to global tax rules. Read more at The Business Times.

Posted on 09/09/2024

Singapore business confidence hits 2-year high, though manufacturing outlook still muted: Survey

Relatively upbeat outlook largely due to the financial, construction and transportation sectors. Read more at straitstimes.com.

Posted on 09/09/2024

JST Digital’s Singapore Arm Gets In-Principle Approval for Crypto Payment Services

JST Digital's Singapore subsidiary has received in-principle approval from MAS for a Major Payment Institution (MPI) licence.

Posted on 09/09/2024

Sun Cable undaunted as Indonesia cuts in on Singapore exports

Singapore granted conditional approvals for several Indonesian clean electricity export ventures, but also increased its target for imports.

Posted on 09/09/2024

Singapore business confidence hits two-year high in Q4 2024: Commercial Credit Bureau survey

LOCAL business sentiment continued on an upward trend for the fifth consecutive quarter, hitting a two-year high in the fourth quarter of 2024. Read more at The Business Times.

Posted on 09/09/2024

Asia Crypto Roundup: OKX Gets License in Singapore, India Reconsiders Global Exchange Registrations, and More

Asia’s crypto market evolves as OKX secures a major license in Singapore, and India prepares to allow offshore crypto exchanges by 2025.

Posted on 09/09/2024

From Hong Kong to Singapore, crypto ETFs face chill

The Bitcoin and Ether ETFs launched by Bosera HashKey, ChinaAMC and Harvest in Hong Kong earlier this year have posted total returns ranging from around minus 5% to about minus 20% as of the end of ...

Posted on 09/09/2024

Singapore O&M companies enjoy winds of recovery, new opportunities in renewable energy

Maybank Securities analyst Jarick Seet pointed out that the floating production storage and offloading (FPSO) space continues to be robust, as well as offshore support vessel charters for oil and gas.

Posted on 09/09/2024

COTD: GenAI ranks amongst top business priorities for Singapore C-suites

In Singapore, generative AI (GenAI) is amongst the top three business priorities for 87% of C-suite executives, Salesforce reported. Of the surveyed business leaders, 48% said their organization ...

Posted on 09/09/2024

Singapore’s private economy expands for 18 consecutive months

The seasonally adjusted SampP Global Singapore Purchasing Managers Index PMI was recorded at 576 in August up from 572 in July marking a conti ...

Posted on 08/09/2024

Singapore pledges $100,000 to fund flood relief efforts in east Bangladesh

Singapore on Sunday pledged USD 100,000 to support the Singapore Red Cross' (SRC) public fund-raising efforts following severe floods in eastern Bangladesh.

Posted on 08/09/2024

Singapore-washing: How global companies from China are setting up shop in connector countries like Singapore to expand their reach

However, more companies appear to be going a similar route to avoid being subject to protectionist measures imposed by Western countries. One well-known company through “Singapore washing” is Shein, ...

Posted on 08/09/2024

Zeebu, Title Sponsor of TOKEN2049 Singapore Set to Showcase Largest Booth Ever

Zeebu, a decentralized liquidity protocol revolutionizing payments and settlement, is thrilled to announce its title sponsorship of TOKEN2049 Singapore, Asia’s largest crypto and blockchain conference ...

Posted on 07/09/2024

Singapore grants conditional approval to import 400MW of solar PV generation from Indonesia

Vena Energy, Shell Eastern Trading have secured approval from Singapore to export 400MW solar PV from the Riau Islands in Indonesia.

Posted on 07/09/2024

HCMC surpasses Singapore, Bangkok as Asia’s leading business travel destination

Ho Chi Minh City has outpaced Singapore, Bangkok, Kuala Lumpur, and Beijing to be crowned "Asia's Leading Business Travel Destination" at this year's World Travel Awards.

Posted on 07/09/2024

PM Modi’s Singapore visit: A unique call to invest in Varanasi, with a ‘Banarasi Paan’ twist | Watch viral video

Prime Minister Narendra Modi's visit to Singapore included a strategic invitation for business leaders to invest in Varanasi. He humorously suggested that enjoying Banarsi Paan requires investment in the city.

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