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Category: BUSINESS

Posted on 11/10/2024

4 people arrested; 257 bottles of contraband liquor, 2 distillery machines seized in Singapore Customs raids

One of those arrested told a reporter that he earns between S$30 to S$100 for each delivery of duty-unpaid liquor.

Posted on 11/10/2024

Customs raid: 4 nabbed for delivering duty-unpaid liquor, home distillery, storing illegal booze

But eagle-eyed Singapore Customs officers suspected that his “special delivery” was of the illegal kind. The 42-year-old Chinese national was arrested on Oct 8 while delivering duty-unpaid liquor at ...

Posted on 11/10/2024

MAS to keep support for strong Singapore dollar amid rising inflation risks: Analysts

Middle East conflict and the US presidential election has ignited inflation risks. Read more at straitstimes.com.

Posted on 11/10/2024

Singapore PM honours Ratan Tata, calls him ‘true friend of Singapore’

Prime Minister Lawrence Wong has paid homage to Ratan Tata who made valuable contributions to Singapore's economic transformation, calling him a true friend whose legacy will be cherished in the ...

Posted on 11/10/2024

Asean to upgrade free-trade area with China in fields of digital and green economies

Vientiane ASEAN member states and China have concluded negotiations to upgrade their free-trade area in relation to the digital and green economies, a move that both sides feel will provide a ...

Posted on 11/10/2024

Central Banker Report Cards 2024: Asia-Pacific

The central bank’s monetary tightening campaign has been explicit. Since March 2022, there have been six discount-rate hikes totaling 87.5 basis points, accompanied by three reserve ratio requirement ...

Posted on 11/10/2024

Bolstering Malaysia’s role as an export hub in the region

Positioning Malaysia as a regional export hub stands to attract international companies, encourage foreign investment, and boost local businesses’ competitiveness on the global stage.

Posted on 11/10/2024

The U.S. Fell Behind in Crypto. It Cannot Afford to Fall Behind in AI

The U.S. digital assets industry has been stymied by ineffective regulation. Is the same thing about to happen with artificial intelligence? Calanthia Mei, co-founder of Masa, says it's possible.

Posted on 11/10/2024

Singapore likely to maintain monetary policy as inflation risks persist

Singapore's central bank is expected to keep its monetary policy unchanged amid inflation and growth uncertainties. Analysts predict that the Monetary Authority of Singapore will hold off on easing ...

Posted on 11/10/2024

‘A true friend of S’pore’: Billionaire Ratan Tata’s links with Republic went beyond just business

Mr Tata’s investments and business acumen helped Singapore tap into higher value-added growth areas. Read more at straitstimes.com.

Posted on 10/10/2024

Pakistan showcases IT sector’s potential at Tech Week Singapore

Pakistan's vibrant technology sector took center stage on Thursday at Tech Week Singapore 2024, as leading companies from the country ...

Posted on 10/10/2024

Singapore stocks buck regional gains on Thursday; STI down 0.3%

Jardine Matheson is the top gainer within the index, while Yangzijiang Shipbuilding falls the most. Read more at straitstimes.com.

Posted on 10/10/2024

BYD’s luxury brand Denza debuts in Singapore as prelude to Apac expansion

CHINA electric vehicle (EV) giant BYD launched its luxury marque, Denza, in Singapore on Thursday (Oct 10), ahead of a planned expansion into major Asia-Pacific markets. Liu Xueliang, general manager ...

Posted on 10/10/2024

Singapore Strengthens Anti-Money Laundering Laws

Discover how Singapore's Anti-Money Laundering Act has been strengthened with key amendments, including new property seizure rules and measures addressing foreign environmental crimes.

Posted on 10/10/2024

SA Recycling CEO labels ferrous market ‘subdued’

George Adams, CEO of California-based SA Recycling, says winter might finally introduce upward price pressure factors on steel scrap.

Posted on 10/10/2024

Over $3.1m awarded to finance veteran for wrongful dismissal, likely a Singapore record

There are dangers for companies that dismiss employees for misconduct without proper procedures. Read more at straitstimes.com.

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