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Category: BUSINESS

Posted on 17/07/2024

Singapore’s NODX declined by 8.7% in June; drop mainly due to non-electronics

Singapore’s non-oil domestic exports (NODX) declined by 8.7% on a y-o-y basis in June, after May’s 0.7% decrease.

Posted on 17/07/2024

Singapore shares inch up at Wednesday’s open; STI up 0.1%

SINGAPORE stocks opened slightly stronger on Wednesday (Jul 17), tracking a rally on Wall Street after the Dow and S&P 500 notched fresh records. The Straits Times Index (STI) rose 0.1 per cent or ...

Posted on 16/07/2024

Environmental approval granted for Australian plan to export solar electricity to Singapore

Authorities in Australia's Northern Territory (NT) on Tuesday granted environmental approval for the world's largest renewable energy and transmission project.

Posted on 16/07/2024

Aussie plan to export solar power to S’pore receives environmental approval

CANBERRA: Authorities in Australia's Northern Territory (NT) have granted environmental approval for SunCable's Australia-Asia PowerLink (AAPowerLink) project, the world's largest renewable energy and ...

Posted on 16/07/2024

S’pore economy saw better-than-expected growth of 2.9% in Q2; Q1 growth revised up to 3%

Analysts upgraded their 2024 Singapore growth forecasts after the data release. Read more at straitstimes.com.

Posted on 16/07/2024

Singapore’s H1 private home sales plunged to record low, weakest first half since 2004

This latest tally is even lower than the sales recorded during the global financial crisis and the COVID-19 pandemic ...

Posted on 16/07/2024

ASEAN+3 Growth Momentum Steady on Export Recovery, Solid Domestic Demand

The ASEAN+3 Macroeconomic Research Office (AMRO) has kept its 2024–25 growth forecasts for the ASEAN+3 region broadly unchanged at 4.4 percent and 4.3 percent, respectively, in its latest quarterly ...

Posted on 16/07/2024

Singapore stocks slipped on Tuesday—STI dropped by 0.1%

SINGAPORE: Singapore stocks slipped on Tuesday, July 16, influenced by the mixed performance from the... The post Singapore stocks slipped on Tuesday—STI dropped by 0.1% appeared first on The Independ ...

Posted on 16/07/2024

Singapore’s Port Congestion Is Showing Signs of Abating

The congestion that’s been plaguing Singapore’s port is showing signs of easing, with container ship arrivals falling to the lowest in more than a year last month, official data show. Most Read from ...

Posted on 16/07/2024

Singapore Officially Adds 16 Insects Safe For Consumption

The Singaporean government approved 16 types of insects, including locusts and mealworms, as food for human consumption. According to CNA’s recent report, the Singapore Food Agency (SFA) issued ...

Posted on 16/07/2024

Why do migrant workers pay thousands of dollars to work in Singapore?

Migrant workers can pay thousands of dollars for a job that may never materialise. CNA looks at foreign recruitment for Singapore and the ways it can go wrong.

Posted on 15/07/2024

Dollar rises with crypto as markets turn in favour of a Trump victory

SINGAPORE, July 15 (Reuters ... The benchmark 10-year Treasury yield was last up roughly three basis points at 4.2158%. Elsewhere, crypto prices surged, with bitcoin last up roughly 5% at $62,997.

Posted on 15/07/2024

Singapore is A Global Leader in Crypto Adoption – Here’s Why

Singapore leads Asia in crypto adoption. The city-state balances innovative regulation with consumer protection.

Posted on 15/07/2024

Singapore’s first half bunker fuel sales rise

SINGAPORE — Sales of marine bunker fuel in Singapore climbed 8.5 percent in the first half of 2024, official data showed on Monday, as shipping disruptions in the Red Sea boosted global bunkering ...

Posted on 15/07/2024

Large MNEs contribute 73% of Singapore’s corporate income tax revenue

OECD data shows the Republic's dependency on MNEs for such taxes has grown over the years. Read more at straitstimes.com.

Posted on 15/07/2024

MNEs contribute 73% of Singapore’s corporate income tax revenue

OECD data shows its dependency on MNEs for such taxes has grown over the years. Read more at straitstimes.com.

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