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Category: BUSINESS

Posted on 25/09/2024

Singapore stocks extend losses despite a broader market rally; STI down 1.1%

The Straits Times Index (STI) declined 1.1 per cent or 39.47 points to 3,583.27, although gainers beat losers 302 to 289 on trade of 1.4 billion securities worth $1.4 billion. Mapletree Pan Asia ...

Posted on 25/09/2024

Singapore’s apex business chamber leads delegation to 21st China-Asean Expo in Nanning

SINGAPORE is continuing its efforts to bolster trade and investment ties with China and Asean countries, with the Singapore Business Federation (SBF) leading a delegation to the China-Asean Expo in ...

Posted on 25/09/2024

Tax incentives in the Forest City Special Financial Zone could position Johor as a thriving financial hub

Kenanga Research noted that the tax incentives were highly competitive, especially compared to Singapore's corporate tax rate of 17% ...

Posted on 25/09/2024

Singapore places fourth in world financial centres ranking, ahead of San Francisco, Shanghai

New York and London took the top two spots respectively in the latest Global Financial Centres Index released Sept 23. Hong Kong ranked third, reclaiming the position of Asia’s top financial centre ...

Posted on 25/09/2024

Lady of Crypto will be ‘all out of crypto’ by September 2025: X Hall of Flame

Hodling isnt the game plan for crypto influencer Lady of Crypto she plans to cash out her entire crypto portfolio next year. I intend to be all out of crypto, maybe [by] September 100% out, Lady of ...

Posted on 24/09/2024

Gracie Lin Joins OKX as Head of Singapore Crypto Exchange

The dynamic world of cryptocurrency is ever-evolving, and major players in the field continue to make strategic hires to strengthen ...

Posted on 24/09/2024

21 Singapore companies on inaugural list of Asean’s 30 top tech start-ups

The NextGen Tech 30 list is a collaboration involving government and private organisations. Read more at straitstimes.com.

Posted on 24/09/2024

Crypto-Native Travel Agency Launches Solana-Based Tokens and Rewards

Travala, a cryptocurrency-focused online travel ticketing service, has expanded its payment options to include major tokens operating on the Solana blockchain. This move was announced by Travala CEO Juan Otero at the Solana Breakpoint conference in Singapore on September 21.

Posted on 24/09/2024

Sygnum Unit Receives Liechtenstein License as a Crypto Asset Service Provider

The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area.

Posted on 24/09/2024

Commentary: Singapore’s climate action has been graded ‘highly insufficient’, but is that too harsh?

An independent climate report card rates Singapore’s efforts as “highly insufficient” when measured against the Paris Agreement temperature limit. There’s room to continue leading regional climate ...

Posted on 24/09/2024

Singapore opens its first ministerial graft trial in nearly half a century

Singapore’s first minister corruption trial in nearly half a century has begun, with former Transport Minister S ...

Posted on 24/09/2024

Singapore key exports jump 10.7% in August, extending July surge

SINGAPORE’S key exports in August continued the previous month’s rally on the back of a surge in electronics shipments, albeit at a slower pace than analysts were expecting. Read more at The Business ...

Posted on 24/09/2024

New office will be set up to streamline approval processes, cut red tape for Singapore SMEs

SINGAPORE – Small and medium-sized enterprises (SMEs) facing long-drawn or complicated governmental procedures can soon approach a new office for help to streamline approval processes and cut red tape ...

Posted on 24/09/2024

Proposed Amendments to Singapore’s Income Tax Act

Singapore’s Ministry of Finance initiated a public consultation on the draft Income Tax (Amendment) Bill 2024, which proposes several important changes to the Income Tax Act 1947 (ITA). These ...

Posted on 24/09/2024

Jail for man over tax fraud that caused Iras to lose more than $2m

SINGAPORE - He took part in a case of fraud involving a syndicate that exploited the Goods and Services Tax (GST) system, causing a loss of over $2 million to the Inland Revenue Authority of Singapore ...

Posted on 24/09/2024

Crypto Marketing Expert Emphasizes Importance of Skepticism in Cryptocurrency Promotion

Amanda Cassatt, founder of Web3 marketing firm Serotonin, emphasizes the necessity of skepticism and thorough personal research for investors navigating the burgeoning cryptocurrency market. Speaking at Token2049 in Singapore,

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