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Category: BUSINESS

Posted on 21/09/2024

Foreign firms hire 60% of high-earning Singapore residents: report

Foreign-owned firms in Singapore provide jobs for around 60% of residents earning a monthly income of above SGD12,500 (US$9,700), according to a recent report.They make up around 20% of firms in ...

Posted on 21/09/2024

Anthony Scaramucci says he is ‘working alongside’ Kamala Harris on her campaign’s crypto policies

"I believe that we are making progress, and I think it's going in the right direction," Scaramucci said at the annual TOKEN2049 event in Singapore.

Posted on 21/09/2024

Singapore Post: A Buy But With A Questionable Strategy

Singapore Post, a post and e-commerce logistics provider, has potential upside with a projected 27% increase. Click here to read my analysis of SPSTY stock.

Posted on 20/09/2024

Death penalty support rises in Singapore amid crime concerns; Singapore crowned world’s strongest passport: Singapore live news

Yahoo Singapore is featuring a curated selection of some of the biggest, most important, and fascinating news that's making waves online.

Posted on 20/09/2024

’99-to-1′ stamp duty tax avoidance case: Mum and son charged with giving false info to Iras

A mother-and-son duo is facing charges for giving false and misleading information to the Inland Revenue Authority of Singapore (Iras) during its audit of cases of the so-called "99-to-1" arrangement ...

Posted on 20/09/2024

Malaysia dangles tax breaks to lure Asia’s rich to Forest City to revive China-backed project

Malaysia is offering zero per cent tax to attract wealthy Asians into setting up family offices in the troubled Chinese-led mega project Malaysia on Friday said it will offer a zero per cent tax rate ...

Posted on 20/09/2024

Singapore doubles renewable electricity imports through regional power project, with added supply from Malaysia

Singapore currently imports up to 100 megawatts (MW) of renewable energy from Laos through a cross-border initiative called the Lao PDR-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP) ...

Posted on 20/09/2024

S’pore doubles clean electricity imports through regional grid; more power to come from Malaysia

SINGAPORE - Singapore will be doubling its clean electricity imports via a regional power grid, after an extension of the multilateral deal – which enabled Singapore to import hydropower from Laos via ...

Posted on 20/09/2024

Business meets boxing: The rise of white-collar fights in Singapore

More companies are sponsoring fighters and purchasing ringside tables to support their employees. Read more at straitstimes.com.

Posted on 20/09/2024

Singapore shares decline despite regional rally; STI down 0.2%

The mood change did not inflict much damage, however, with the Straits Times Index (STI) down just 0.2 per cent or 8.42 points to 3,624.76 on Sept 20 with gainers edging out losers 294 to 274 on ...

Posted on 20/09/2024

More than 8 in 10 business leaders report sustainability skills gap in their organisations

SINGAPORE: More than eight in 10 business leaders said their companies face a gap in sustainability skills and expertise, according to the NTUC LearningHub’s Sustainability for Business Resilience ...

Posted on 20/09/2024

Singapore’s tax revenue expected to rise at slower pace in FY24/25, say tax experts

AFTER rising 17 per cent to a new high in the last fiscal year, Singapore’s tax revenue is expected to increase further this year – but more slowly, say tax specialists. Harvey Koenig, partner, ...

Posted on 20/09/2024

SocGen’s Crypto Unit Takes Euro Stablecoin to Solana After Flopping on Ethereum

SINGAPORE – SG Forge, a subsidiary of Societe Generale, will roll out euro stablecoin EUR CoinVertible (EURCV) on the Solana blockchain, the French financial services firm said Friday. SG Forge ...

Posted on 20/09/2024

Does Singapore’s economic future rest on the secretive moves of elite family offices?

Moreover, many family offices are championing environmental, social, and governance (ESG) initiatives alongside philanthropic endeavors. These efforts not only uplift the community but also steer the ...

Posted on 20/09/2024

Singapore-based crypto firm Terraform Labs approved for bankruptcy wind-down

Investors, including Singaporeans, lost an estimated US$40 billion when its TerraUSD and Luna tokens collapsed in 2022. Read more at straitstimes.com.

Posted on 20/09/2024

Custodian Arrangement Is the Core Requirement for Obtaining MPI License, Says OKX Singapore CEO

In a recent interview, Grace Lin, the new CEO of OKX Singapore, discussed how the exchange obtained its recently acquired MPI license.

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