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Category: BUSINESS

Posted on 20/07/2024

Open for business: Chinese firms are Singapore-bound but will they stay?

After the pandemic, many multinationals saw the need to diversify their supply chains and businesses, said business professor Lawrence Loh, and the Singapore government saw that gap and rolled out the ...

Posted on 20/07/2024

Singapore houses more than half of family offices from Asia challenging London as a family office hub

SINGAPORE: Singapore is catching up as a competitor to London in the family office sector.... The post Singapore houses more than half of family offices from Asia challenging London as a family office ...

Posted on 20/07/2024

Singapore’s June exports fall steeper than forecast

Singapore's non-oil domestic exports fell 8.7% in June from the same month a year earlier, data showed on Wednesday, weighed down mainly by falls in non-electronic products.

Posted on 20/07/2024

WEEX’s Bold Move in Crypto Trading: Insights from VP Andrew Weiner

BlockBeats recently had the opportunity to speak with Andrew Weiner, the new Vice President of WEEX English Market. With a rich experience in the cryptocurrency sector, Andrew shared his journey, the ...

Posted on 19/07/2024

An Introduction to Doing Business in Singapore 2024 – New Publication from Dezan Shira & Associates

"An Introduction to Doing Business in Singapore 2024" covers market entry, tax, HR & payroll, and audit & compliance considerations.

Posted on 19/07/2024

Top 11 Frequently Asked Questions (FAQs) about T-Bills in Singapore [2024]

Since last year, you find everyone monitoring the Treasury Bills (T-Bills) monthly like clockwork. It’s the time of the month where many will park their cash on a short-term security to earn better ...

Posted on 19/07/2024

Company and 2 directors fined over illegal import of meat products from China

Long Yue Teng Trading Pte Ltd was fined $29,000 on July 18 for the possession of illegally imported meat products intended for sale and the unauthorised disposal of detained items. Read more at stomp.

Posted on 19/07/2024

Hyundai launches second made-in-Singapore electric car, expands charging options

Separately, Hyundai is expanding charging options for owners of its EVs. An agreement has been signed for SP Mobility to be the second provider of destination charging – that is, charging outside the ...

Posted on 19/07/2024

Singapore sends rescue teams to help crew of oil tankers on fire

Two oil tankers have caught fire about 55 km (34 miles) northeast of the Singaporean island of Pedra Branca, the Maritime and Port Authority of Singapore (MPA) said on Friday.

Posted on 19/07/2024

Who is Guo Wengui and why is Singapore blocking social media accounts linked to him?

The exiled billionaire teamed up with Donald Trump’s former adviser Steve Bannon to set up a political movement aiming to overthrow China's Communist Party.

Posted on 19/07/2024

Singapore orders social media sites to block 95 accounts, in first such use of foreign interference law

FIVE social media platforms have been directed by the authorities to block a network of 95 accounts that published coordinated posts spreading allegations that Singapore is being controlled by China.

Posted on 19/07/2024

Pundi X unveils new AI-powered crypto payments solution for merchants

Pundi X Pay for merchants is a solution that allows customers to pay at physical stores via an AI-powered omni QR code layer ...

Posted on 18/07/2024

Singapore fintech startup draws $4.5 million in latest funding round

SINGAPORE: Singapore-based fintech startup PEXX has successfully raised $4.5 million in a seed funding round. The funding round was led by TNB Aura and saw participation from venture capital firm ...

Posted on 18/07/2024

Singapore’s economy grows by 2.7% in Q1 2024

SINGAPORE: Singapore’s economy experienced a 2.7% growth ... remained in expansionary territory as of May, indicating positive business sentiment. The services sector played a significant role in the ...

Posted on 18/07/2024

Germany’s longstanding popularity with Singapore companies gets new boost

marketing and business matching in Europe, as well as facilitating projects and discussions and securing leads. This was up from 190 in 2022 and 150 in pre-Covid 2019. On average, the number of ...

Posted on 18/07/2024

Singapore’s Umami Bioworks in US cell-based pet-treats venture

Singapore-based cultivated-seafood business Umami Bioworks has inked a deal with US firm Friends & Family Pet Food Co. (FnF) to create lab-grown fish treats for cats. Claiming a world first for such a ...

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