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Category: BUSINESS

Posted on 01/11/2024

Singapore stocks edge down as China’s factory activity rebounds; STI falls 0.1%

SINGAPORE equities closed in the red on Friday (Nov 1) as the market returned from a one-day Deepavali break. Read more at The Business Times.

Posted on 01/11/2024

Paxos Launches USDG Stablecoin in Compliance with Singapore Regulations

Digital assets company Paxos has launched Global Dollar (USDG), a US dollar-backed stablecoin, under Singapore's regulatory framework ...

Posted on 01/11/2024

Saudi Arabia may cut December oil prices for Asia, sources say

Top oil exporter Saudi Arabia may cut prices for most of the crude grades it sells to Asia in December, tracking weakness in Middle East benchmark Dubai, trade sources said.

Posted on 01/11/2024

Singapore stocks edge down on Nov 1; STI falls 0.1%

SINGAPORE – Local shares slipped into the red on Nov 1 amid ... edging out winners 279 to 260 on trade of 1.3 billion securities worth $1.6 billion. Agri-business Olam Group had a strong showing after ...

Posted on 01/11/2024

Singapore shares fall at Friday’s open; STI down 0.8%

SINGAPORE stocks began Friday (Nov 1) morning trading in negative territory, mirroring overnight losses in the global markets. Read more at The Business Times.

Posted on 01/11/2024

Gemini Secures Key License in Singapore, Strengthening Its Presence in Asia

Tyler and Cameron Winklevoss’s Gemini crypto exchange has obtained in-principle approval for a major license in Singapore.

Posted on 01/11/2024

Car dealers expect business to be hit as customers hold back purchases in anticipation of more COEs

SINGAPORE: The planned injection of up to 20,000 Certificates of Entitlement (COEs) could hurt their business in the short term as customers adopt a wait-and-see attitude with their purchases, car ...

Posted on 01/11/2024

Singapore and UAE: Complementary hubs for business leaders with global ambitions

A FLIGHT departs from Singapore’s Changi Airport every 80 seconds. Within six hours, that plane could reach any country in South-east Asia. Read more at The Business Times.

Posted on 01/11/2024

CEO’s post comparing Singapore & Dubai goes viral

He called Singapore “The billionaire's hub (in flip-flops)” while dubbing Dubai “The tax-free oasis (in Lamborghinis).” ...

Posted on 01/11/2024

US crypto exchange Gemini gets okay to operate in Singapore

Singapore’s central bank and financial regulator has given in-principle approval to US crypto exchange Gemini to operate as a major payment institution in the city state.

Posted on 31/10/2024

Singapore hides repression, corruption, says son of its ex-PM Lee Kuan Yew

Singapore has become much more repressive ... (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a ...

Posted on 31/10/2024

Singapore raises power imports, prepares for commercial hydrogen

Until alternative energy sources like hydrogen become commercially viable, 90% of Singapore’s energy mix will still come from natural gas.

Posted on 31/10/2024

Dubai’s Lamborghinis vs Singapore’s billionaires: This CEO’s viral thread reveals which city is right for you

An X user compared Singapore's relaxed lifestyle and strong healthcare with Dubai's luxury and business opportunities.

Posted on 31/10/2024

Three Chinese nationals in Singapore caught smuggling duty-unpaid cigarettes in soft toys

SINGAPORE: Three Chinese nationals - aged between 21 and 28 - were caught smuggling duty-unpaid cigarettes inside soft toys.

Posted on 31/10/2024

Singapore’s job market thrives – Will 2025 see soaring wages or economic headwinds?

As Singapore gears up for 2025, the combination of a resilient job market and favourable economic indicators signals a promising future for both employers and employees alike. Likewise, as businesses ...

Posted on 31/10/2024

Singapore’s non-oil domestic exports grow 2.7% in September

September's non-oil domestic exports grew by 2.7 per cent on-year. This was below expectations as market analysts had forecast double-digit growth. It is also a significant drop from the 10.7 per cent ...

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