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Category: BUSINESS

Posted on 15/01/2025

Singapore, Thailand move to block Polymarket

Singapore and Thailand have moved to block the prediction markets platform Polymarket , adding to the regulatory hurdles facing the venue that surged in popularity during the US election.

Posted on 15/01/2025

German chemical company sets up Singapore hub, partners PSA as part of 40 million euro regional push

GERMAN speciality chemical company Munzing Group opened its new regional head office in Singapore on Wednesday (Jan 15), as part of a 40 million euro (S$56.4 million) push into the Asia-Pacific region ...

Posted on 15/01/2025

Only one in four Asia’s biggest companies consider nature material to business: study

Most of the region's largest firms do not measure their impact on nature – and focus only on climate in their sustainability reports, a study by National University of Singapore Business School finds.

Posted on 15/01/2025

Singapore shares decline at Wednesday’s close; STI retreats 0.4%

Singapore shares closed lower on Wednesday (Jan 15), as investors worldwide await key inflation data in the US that will set interest rate expectations. Read more at The Business Times.

Posted on 15/01/2025

Singapore maritime breaks new records for arriving traffic, box throughput, fuel sales

SINGAPORE posted new highs for annual vessel arrival tonnage, container throughput, total bunker sales, sales of alternative bunker fuels, and total tonnage of ships under the country’s flag in 2024.

Posted on 15/01/2025

Singapore inflation expected to continue easing in 2025

Inflation is expected to continue easing this year, after dropping consistently last year. Both core and headline inflation are expected to come in between 1.5 per cent and 2.5 per cent in 2025.

Posted on 15/01/2025

Why The Cost Of Living In Singapore Is So High

While Singapore is small and has no natural resources, Singaporeans are relatively rich and have grown accustomed to a high quality of life.

Posted on 14/01/2025

Crypto bank Sygnum achieves unicorn status with new funding round that gives it a valuation of $1 billion

Sygnum, a crypto bank based in Switzerland and Singapore, has raised $58 million, giving the privately-held company a valuation of $1 billion. The round was led by Bitcoin-focused investment firm ...

Posted on 14/01/2025

Singapore could end up as ‘collateral damage’ under Trump 2.0 tariffs: Chan Heng Chee

Unpredictable nature of Donald Trump will make 2025 a volatile year, say two Singapore veteran diplomats. Read more at straitstimes.com.

Posted on 14/01/2025

Singapore shares bleed red ink; STI falls 0.1%

SINGAPORE - Shares in Singapore were in the red on Jan 14, amid a mixed regional showing. The benchmark Straits Times Index (STI) declined 0.1 per cent or 2.93 points to 3,788.77. The STI was led by ...

Posted on 14/01/2025

Iron Ore Advances After Record China Imports Boost Demand Hopes

Iron ore surged back above the $100-a-ton threshold after data showed China’s annual imports of the steel-making ingredient reached a record and its trade surplus soared. Most Read from BloombergThese ...

Posted on 14/01/2025

Singapore family offices exceed 2,000 in 2024

THE number of single family offices (SFOs) in Singapore continued to grow last year, to exceed 2,000 by the end of 2024. Read more at The Business Times.

Posted on 14/01/2025

Top crypto casinos in Singapore in 2025: Tried and tested

Browse no further for the best online crypto casinos in Singapore. Each casino on our list promises big bonuses, speedy payouts, and a premium range of slots ...

Posted on 13/01/2025

Polymarket Blacklisted in Singapore—Global Crackdown Incoming?

Singapore has blocked access to the crypto-betting platform Polymarket. Users accessing the platform face a $10,000 fine or up to six months in jail. France, ...

Posted on 13/01/2025

Singapore stocks fall amid regional rout; STI down 0.3%

The Straits Times Index (STI) fell 0.3 per cent or 9.86 points to 3,791.70 points. Across the broader market, losers beat gainers 349 to 193, with 949.7 million securities worth $1 billion having ...

Posted on 13/01/2025

ST Explains: What caused the prolonged deluge in Singapore?

A monsoon surge has been dumping rain over the island since Jan 10, with the occasional strong wind gusts. Read more at straitstimes.com.

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