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Category: BUSINESS

Posted on 31/07/2024

‘As yet, there are no credits’: Singapore launches new alliance to source Article 6 offsets for high-emitters

Through the Singapore Carbon Market Association, the country aims to increase the supply of carbon credits that firms can use to offset taxable emissions, says government official.

Posted on 31/07/2024

Singapore signs pact with US to deepen understanding of nuclear reactors, safety

SINGAPORE: Singapore and the United States on Wednesday (July 31) inked a 30-year agreement that will allow the Republic to learn more about the latest nuclear technologies and scientific research ...

Posted on 31/07/2024

Exclusive-New US rule on foreign chip equipment exports to China to exempt some allies, sources say

The Biden administration plans to unveil a new rule next month that will expand U.S. powers to stop exports of semiconductor manufacturing equipment from some foreign countries to Chinese chipmakers, ...

Posted on 31/07/2024

Manufacturing and services firms in Singapore upbeat about second half of 2024: Surveys

This is on the back of growing demand in semiconductors, increased travel and consumer spending. Read more at straitstimes.com.

Posted on 31/07/2024

TikTok-owner ByteDance’s Singapore workers suffer mass food poisoning

An office of TikTok-owner ByteDance in Singapore was hit by a mass food poisoning incident on Tuesday, according to local authorities.

Posted on 31/07/2024

Now a Singapore brand, bubble tea chain Playmade sets its sights on the US

BUBBLE tea chain Playmade began as a franchise from Taiwan, but has since become a Singapore brand – and is now poised to expand overseas. Read more at The Business Times.

Posted on 31/07/2024

“I earn $70/day if TP fine me. I can’t afford the S$150 fine” – Netizens sympathise with Singapore taxi driver’s handwritten sign for passengers to fasten seatbelts

SINGAPORE: A photo of a Singapore taxi driver’s handwritten sign urging passengers to fasten their... The post “I earn $70/day if TP fine me. I can’t afford the S$150 fine” – Netizens sympathise with ...

Posted on 31/07/2024

‘No brainer’: Thailand to become second in Southeast Asia to tax carbon emissions

In time, Thailand's strategy could give its industries a competitive edge while reducing greenhouse gas emissions, experts say. Singapore was the first in the region to introduce a carbon tax in 2019.

Posted on 31/07/2024

Vietnam remains as the largest rice exporter to Singapore

Vietnam remained as the largest rice exporter to Singapore in the first half of 2024, accounting for 32.69% of the overall market share, according to Radio the Voice of Vietnam.

Posted on 31/07/2024

Singapore’s employment growth strengthens in Q2 despite seasonal dip in resident employment

SINGAPORE’S employment levels expanded in the second quarter at a faster rate than in Q1, despite a slight decline in overall resident employment due to seasonal factors, advance data from the ...

Posted on 31/07/2024

Singapore Approves Edible Insects Amid Food Security Push

The seaside restaurant is the first eatery to put insects on the menu after the city state’s stringent food authority this month approved for human consumption 16 species ranging from crickets to ...

Posted on 31/07/2024

The SEC has charged an a16z and Sequoia-backed crypto startup founder with fraud

The founder of once-hyped crypto startup BitClout is facing trouble. On Tuesday, the SEC charged him with fraud and other offenses.

Posted on 30/07/2024

AI to crack the 200-year-old mystery of Singapore stone

The stone from Singapore is currently one of the world's most mysterious enigmas. Scientists still do not know what is written on this enormous sandstone. However, this could soon change with the help ...

Posted on 30/07/2024

New app in the works to improve efficiency for Singapore’s shipping and logistics sectors

Among the initiatives is an app that is still being developed that may boost Singapore’s shipping and logistics sectors – by improving efficiency and helping to cut costs, while also eliminating ...

Posted on 30/07/2024

The Secret to Smooth Customs Clearance: Why a Declaring Agent in Singapore is Essential

Customs clearance is crucial for smooth international trade ensuring that goods pass through borders without a hitch Declaring agents play a key role in this process handling paperwork and compliance ...

Posted on 30/07/2024

Economist lowers Q2 2024 GDP growth forecast for Singapore to 2.6% YoY – lower than Govt’s advance estimate

SINGAPORE: Experts from RHB have revised their Q2 2024 growth forecast for Singapore, lowering it... The post Economist lowers Q2 2024 GDP growth forecast for Singapore to 2.6% YoY – lower than Govt’s ...

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