SINGAPORE - Local business sentiment continues an upward trajectory, hitting a one-year high in the second quarter of 2024. Data from the Singapore Commercial Credit Bureau (SCCB) released on March 11 ...
Vopak, Air Liquide to jointly develop Singapore ammonia and hydrogen infrastructure
Tank storage firm Vopak said on Monday that it has signed an agreement with industrial gas company Air Liquide to develop and operate infrastructure for ammonia import, cracking and hydrogen ...
Music tourism as Singapore’s new growth driver
With the trade recovery yet to fully take off, Singapore is busy making music tourism its new growth driver. British rock band Coldplay performed in January, while American pop star Taylor Swift ...
As Swiftonomics sweeps through Singapore, small businesses say concerts a boon and a bane for them
SINGAPORE: Swiftonomics has swept through Singapore after the American pop star performed six sold-out shows here, but for small businesses, the spoils are not equally shared. While many have thrived ...
Taylor Swift Tour prompts economists to upgrade Singapore GDP forecast
"We expect renewed weakness in the first half as slower global growth curtails activity in Singapore’s export-oriented economy,” said Shivaan Tandon, economist at Capital Economics. "But growth should ...
The corporate tax contribution in sustaining Singapore’s social compact
A closer look at the announcements shows that a lot more parties are impacted.. The Overseas Humanitarian Assistance Tax Deduction Scheme, for example, will be piloted for four years from 2025. This ...
Singapore’s TreeDots trims tech, R&D staff
SINGAPORE-BASED TreeDots, an online marketplace that lets users purchase surplus produce at lower prices, has laid off some of its employees, two sources with knowledge of the matter told Tech in Asia ...
How Asian women are challenging bias to carve out entrepreneurial success, from Singapore to India
Funding woes, work-life balance and prejudice remain hurdles for women entrepreneurs, who say having supportive business partners and spouses can be half the battle won.
Too many gyms in Singapore? Operators juggle rising competition, costs and fitness fads
SINGAPORE: In a span of three years ... Gym operators CNA spoke to said COVID-19 was a big factor impacting their business, on top of other challenges like rising costs and competition in the fitness ...
Traditional Banks vs. Business Accounts: Which One Fits Your Business Best in Singapore?
Choosing between a business account and a traditional bank is a key decision for any business in Singapore’s bustling market. This choice can greatly influence how your business handles money and ...
55 per cent of employees at 1,400 Single Family Offices in Singapore are above 40
There were around 1,400 Single Family Offices (SFOs) that have been awarded tax incentives in Singapore as of 31 December 2023, said Deputy Prime Minister and Minister of Finance, and Monetary ...
Singtel Australian unit’s appeal in tax case dismissed by court again
STAI then became a unit under SAI in 2002, issuing loans and later paying interest to SAI, which is a tax resident in Singapore. Both entities are entirely owned by Singtel. The loan agreements put in ...
Singapore GDP forecast gets a bump from Taylor Swift’s Eras Tour concerts
Analysts estimated the shows would add 0.2 percentage points of GDP to the city state’s economy in the first quarter.
CORRECTED-Singapore fuel oil stockpiles ease to near 3-month low on rising exports
(Corrects to read "1.86 million tons" (not "1.86 tons") in last paragraph) By Cassandra Yap SINGAPORE, March 7 (Reuters) - Singapore's onshore fuel oil stockpiles dropped for a second straight week to ...
Singapore’s weekly middle distillates stocks slip 2% despite China arrivals
Singapore's middle distillates stockpiles fell almost 2% from last week as gains in jet fuel/kerosene net exports offset declines in diesel/gasoil net exports, official data showed on Thursday.
Singapore shares started strong this Friday—STI increased by 0.5%
SINGAPORE: Singapore shares started strong this Friday, riding the wave of optimism sweeping through global markets. The Business Times reports that The Straits Times Index (STI) saw a 0.5% increase, ...