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Posted on 15/09/2024

ST Explains: What does S’pore’s more ambitious clean import targets mean for energy transition?

Asked whether the share of natural gas in Singapore’s energy mix will likely drop, ISEAS – Yusof Ishak Institute director and chief executive Choi Shing Kwok said that the higher power import targets, ...

Posted on 15/09/2024

MCM Pacific PTE Ltd: GST AAR Ruling on Zero-Rated Supply for Export

In conclusion, the AAR ruled that MCM Pacific’s procurement and export plans from Lanco Kondapalli Power Ltd would not be classified under zero-rated supplies as per the IGST Act. Therefore, the ...

Posted on 15/09/2024

Ride-hailing app Tada integrates TON crypto payments for Singapore rides

The TON Foundation announced a collaboration with Tada, a ride-hailing application in Singapore that will allow users to book rides and pay with crypto. With the collaboration, Tada launched a ...

Posted on 15/09/2024

They Can’t Arrest Us All in Singapore” says Mutant Labs Core Team Member

In a bizarre twist of events, Winter, a core member of the Mutant Labs team, has called for a protest in Singapore. Winter, whose X (formerly Twitter) profile picture is a screaming cat, refers to ...

Posted on 15/09/2024

ST Explains: S’pore announced more ambitious clean import targets. What would this mean for our energy transition?

SINGAPORE – The Republic recently announced it would increase its electricity import goal from 4GW to 6GW by 2035 after giving the green light to import 1.4GW of additional solar power from Indonesia.

Posted on 15/09/2024

S’pore consumers unlikely to see big hike in electricity prices from clean imports: Observers

The clean power will mostly be purchased by companies looking to slash their emissions, they said. Read more at straitstimes.com.

Posted on 15/09/2024

Planning a trip to Singapore? Here are 5 things you should leave behind

Singapore is known for its strict adherence to customs and laws. Travellers should be aware of items banned in the country, including chewing gum, e-cigarettes, drugs, sharp objects, and living fish ...

Posted on 15/09/2024

Singapore ranks as the 2nd leading source of global cross-border capital in 2024

Following Singapore, the top ten sources of cross-border capital from the Asia Pacific region are Hong Kong (fourth), Japan (eighth), and China (tenth) ...

Posted on 14/09/2024

Singapore Customs issues scam alert on ‘parcel clearance’ fraud SMS and phishing link

Singapore Customs would like to alert the public about a circulating Scam SMS. The SMS FALSELY claims to be from Singapore Customs by identifying itself as ‘S.G. Customs’. We do NOT use ‘SGCustoms’ ...

Posted on 14/09/2024

SMS impersonation scam alert: Singapore Customs warns the public about SMS from “S.G. Customs” sent out by scammers

For verification or concerns about SMS messages claiming to be from Singapore Customs, the public is advised to contact the agency directly at customs_feedback@customs.gov.sg. More information about ...

Posted on 14/09/2024

Singapore Customs warns public against falling for impersonation SMS scam

The agency said it does not ask recipients for their details in messages in exchange for their goods. Read more at straitstimes.com.

Posted on 13/09/2024

WazirX Hack: Bleak Outlook if Singapore Moratorium is Rejected

WazirX faced a $230M hack and sought a Singapore court moratorium. If denied, restructuring delays could leave users in prolonged uncertainty.

Posted on 13/09/2024

Singapore wholesaler fined $3,000 for illegal meat imports from China

Wholesaler Sinoh Trading Pte. Ltd has been fined SGD4,000 (US$3,000) for importing 400 kilograms of meat from China without permits.Its sales manager Zhang Lu was also fined SGD4,000 for failing to ...

Posted on 13/09/2024

Singapore Rejects Bid for New Business District Over Low Price

Singapore rejected a bid by a group of top property firms to develop a new business district in the island’s west, after judging the price offered by it to be unattractive.

Posted on 13/09/2024

Wholesaler and sales manager fined $4k each over illegal import of meat from China

Wholesaler Sinoh Trading Pte. Ltd was fined $4,000 on Sept 11 for illegally importing meat products into Singapore without a valid permit. Read more at stomp.straitstimes.com ...

Posted on 13/09/2024

Singapore economy expected to grow by 2.6% – higher than previous forecasts

The upward revision in the country's economic outlook for the year is driven by better-than-expected performance across key sectors in Q2.

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