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Category: BUSINESS

Posted on 18/11/2024

CM Mohan Charan Majhi urges Singapore business leaders to explore Odisha

BHUBANESWAR: Chief Minister Mohan Charan Majhi on Sunday urged Singapore-based investors and industry leaders to strengthen strategic collaborations with Odisha which is emerging as one of the best ...

Posted on 18/11/2024

Singapore key exports disappoint with 4.6% fall in October

Electronic exports increased 2.6 per cent year on year in October, a rebound from the 0.7 per cent decline in the previous month. Integrated circuits – also known as chips or semiconductors – which ...

Posted on 18/11/2024

Data centre Reit listings may come calling for Singapore’s equity market as conditions turn favourable

THE data centre race is heating up, driven by rising interest in artificial intelligence (AI). And Singapore’s equity market could be a beneficiary, as operators look to the city-state as an enticing ...

Posted on 17/11/2024

JobStreet: Singapore workers slow to embrace AI, only 53pc willing to reskill to stay relevant

A recent JobStreet report, featured by the Singapore Business Review, highlights a concerning lag in AI adoption among Singaporean workers, with many reluctant to reskill for an AI-driven future. The ...

Posted on 17/11/2024

Woman fined $5k for failing to declare items such as branded bags, Labubu after flying back from UK

A woman was fined $5,000 for failing to declare items including branded bags and Labubu after returning to Singapore from UK. She had flown back from a London business trip and failed to truthfully ...

Posted on 17/11/2024

Singapore Keeps Tax Incentives Open as Global Minimum Tax Looms

The Singapore Parliament passed a bill aimed at allowing companies to continue to qualify for investment tax incentives as the country prepares to implement a new global minimum tax.

Posted on 15/11/2024

Crypto.com acquires Fintek Securities Pty Ltd. in punt into Australian market

Crypto.com, a Singapore-based Crypto exchange operator, has announced today the acquisition of Fintek Securities Pty Ltd. This announcement comes exactly two weeks after it announced the acquisition ...

Posted on 15/11/2024

Global crypto market tops $3 trillion on hopes of Trump-fuelled boom

The global cryptocurrency market's value has topped $3 trillion as the election of Donald Trump as U.S. president spurred bets that friendlier U.S. regulation could usher in a new boom for all corners ...

Posted on 15/11/2024

Singapore stocks extend gains on Nov 15; STI up 0.2%

There were few viable leads for investors to grasp on Nov 15 after the US Federal Reserve opted for a slow and steady approach to interest rate cuts, but local shares still managed to rise for the ...

Posted on 15/11/2024

Travellers fined nearly $3.5m for tax evasion: Branded bags, jewellery, Labubu among undeclared items

From January to October this year, 13,099 travellers were caught across Singapore's air, land and sea checkpoints for evading Goods and Services Tax (GST) payments. A total of $3,471,043 in fines was ...

Posted on 15/11/2024

The Big Read: Can a higher carbon tax lead Singapore to the promised green land?

From oil majors to gencos and customers, everyone will be impacted by the rise in carbon taxes, but Singapore has to be prepared to do what it takes to reduce emissions and invest heavily in ...

Posted on 15/11/2024

Global Crypto Market Surges Past $3 Trillion on Hopes for Trump-Fueled Growth

The global cryptocurrency market has reached over $3 trillion, fueled by optimism surrounding regulatory support under Donald Trump.

Posted on 15/11/2024

Singapore looks to imported green power from Asean neighbours to meet carbon goals

SINGAPORE will increase imports of green electricity from fellow members of the Association of Southeast Asian Nations (Asean) as it seeks to decarbonise its power system to help meet its climate ...

Posted on 15/11/2024

Labubu, luxury bags: More than 13,000 travellers fined more than $3 million over undeclared goods

The bags and accessories, which were intended as gifts, were from brands such as Louis Vuitton, Prada, Yves Saint Laurent, Dior and Balenciaga. There were also Pop Mart toys, including Labubu ...

Posted on 14/11/2024

Scam syndicates sending foreigners to Singapore to cheat retailers like Apple Store, Best Denki

AN EMERGING trend of foreigners being sent to Singapore by syndicates to commit credit card fraud has raised alarm bells, with retailers across the island being targeted and warned. Read more at The ...

Posted on 14/11/2024

Genting Singapore shares slide but analysts upbeat on future profits

Analysts said its financial performance came in below expectations, but still maintained their “buy” call on the stock. Read more at straitstimes.com.

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