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Category: BUSINESS

Posted on 06/12/2024

Top 50 list shows worsening dip in Singapore’s insurance premiums

The thriving nonlife business offset life insurance’s poor showing in 2023. The drop in gross premiums of Singapore’s insurance industry widened to 9% in 2023 due to slowing demand in the life ...

Posted on 05/12/2024

Jail for parallel importer who forged Vicom test results to register new vehicles

Lim Tze Yong, 50, pleaded guilty to five charges of forgery for the purpose of cheating. Read more at straitstimes.com.

Posted on 05/12/2024

Police probe man who brought over $1.3 million cash into Singapore

The authorities are investigating a 49-year-old man who was caught carrying more than $1.3 million in various currencies into Singapore, and under-declaring the amount, on Nov 27. The man, a foreign ...

Posted on 05/12/2024

Singapore among preferred destinations for billionaires, with 47 in the country

SINGAPORE - Billionaires are relocating more frequently, with many moving to Switzerland, Singapore, the United Arab Emirates (UAE) and the United States, according to private bankers to the wealthy.

Posted on 05/12/2024

Daily Cuts – Making Singapore’s point-to-point transport services more efficient

Singapore Today's Daniel Martin and Justine Moss speak with transport analyst Walter Theseira, Associate Professor with the Singapore University of Social Sciences' School of Business, about making ...

Posted on 05/12/2024

S&P places Singapore Post on credit watch negative following strategy reset, sale of Australia business

GLOBAL ratings agency S&P said on Thursday (Dec 5) it has placed Singapore Post (SingPost) on CreditWatch negative, following a change in its future strategy and the sale of its Australian business.

Posted on 05/12/2024

Singapore’s media industry gets a boost with a new skills framework and apprenticeship programme

With these exciting developments, Singapore is positioning itself as a hub for innovation in media and entertainment. By equipping local talent with cutting-edge skills and offering them opportunities ...

Posted on 05/12/2024

Economists cautious on Hong Kong, Singapore growth next year

Growth in Hong Kong and Singapore for next year may come under pressure as Donald Trump returns to the White House armed with tariffs that may further slow China’s economy, according to the latest ...

Posted on 05/12/2024

Bitcoin Exceeds $100,000 on Trump’s Pro-Crypto Pick for the SEC

President-elect Donald Trump’s pick of a crypto proponent to be the next head of the US securities regulator lifted Bitcoin to a record $100,000 as traders warmed to the prospect of relaxed ...

Posted on 05/12/2024

Independent Reserve Opens Singapore Office

Independent Reserve, an Australian-based crypto exchange, has opened a new office in the Central Business District in.

Posted on 05/12/2024

Traveller caught trying to sneak over $1.3m past Singapore Customs

A traveller is currently under investigation for attempting to bring more than $1.3 million into Singapore. On Nov 27, the 49-year-old man was detected carrying cash in multiple currencies. He was ...

Posted on 05/12/2024

Traveller tries to sneak $1.3m past Singapore Customs

The authorities are investigating a 49-year-old man who was caught carrying more than $1.3 million in various currencies into Singapore, and under-declaring the amount, on Nov 27. The man, a foreign ...

Posted on 05/12/2024

From cheesecakes to quantum computing – panellists explore opportunities in the Johor-Singapore SEZ

THE Johor-Singapore Special Economic Zone (JS-SEZ) is expected to deliver key infrastructure upgrades to the Malaysian state, including new data centres, expanded office and logistics spaces, and ...

Posted on 05/12/2024

Global and Singapore outlooks stay stable, but threats are on the rise

THE current volatile economic landscape presents both challenges and opportunities, DBS economist Chua Han Teng said at the bank’s Market Outlook 2025 – Beyond New Frontiers event on Wednesday (Dec 4) ...

Posted on 05/12/2024

ExxonMobil reportedly weighing sale of Singapore gas stations in $1 billion deal

SINGAPORE: US oil giant ExxonMobil is reportedly exploring the possibility of selling its network of gas stations in Singapore, according to sources cited by Bloomberg. The move is expected to ...

Posted on 04/12/2024

Singapore general insurance market to reach $8.1b by 2029: report

The industry is expected to grow by 8.0% in 2024. Singapore's general insurance industry is projected to grow at a compound annual growth rate (CAGR) of 6.2% from $6.0b in 2024 to $8.1b in 2029, in ...

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