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Category: BUSINESS

Posted on 23/02/2024

Singapore’s Inflation Slows Unexpectedly at Start of 2024 — Update

SINGAPORE--Singapore's inflation slowed in the first month ... it should resume its path of gradual moderation over the rest of the year "as import cost pressures continue to decline and tightness in ...

Posted on 23/02/2024

South Korea and Japan beef up military export trade, showcase defence capabilities at Singapore Airshow

SINGAPORE: South Korea and Japan have been moving to beef up their military export trade, with their intentions on display at the ongoing Singapore Airshow. South Korea is looking to be among the ...

Posted on 23/02/2024

Singapore stocks fall amid disappointing earnings, STI down 1.2%

Investors here ignored Wall Street’s heroics to focus on local corporates ... and they didn’t like what they saw. Disappointing results at Genting Singapore and Venture Corp helped send the Straits ...

Posted on 23/02/2024

Singapore Core Inflation Unexpectedly Slows Despite GST Hike

Singapore’s core inflation slowed in January defying all estimates, amid smaller gains in costs of healthcare to household goods despite an increase in the goods and services tax. The core gauge, ...

Posted on 23/02/2024

Former Julius Baer Banker Joins Azura to Lead Singapore Business

Wealth manager Azura hired former Julius Baer Group Ltd. banker Vincent Ming to lead its operation in Singapore, further expanding its footprint in Asia. Ming has become chief executive officer of ...

Posted on 23/02/2024

Singapore Inflation Eases Unexpectedly To 2.9%, Lowest In 28 Months

Singapore's consumer price inflation softened unexpectedly in January to the lowest level in more than two years amid a slowdown in ...

Posted on 23/02/2024

Foreign debuts, but few defence deals at Singapore air show

SINGAPORE, Feb 23 (Reuters ... With international sanctions hobbling business and the invasion of Ukraine sapping supplies, competitors said there were opportunities to step in with some Asian ...

Posted on 22/02/2024

Multinationals Pick Singapore Over Hong Kong for Asian Headquarters

The city state hosted regional headquarters for 4,200 multinational firms in 2023, extending its lead and dwarfing the 1,336 found in Hong Kong, its main rival, according to a Bloomberg Intelligence ...

Posted on 22/02/2024

Singapore green jet fuel target ignites regional market interest, but sourcing concerns remain

said Singapore’s SAF plans creates “a lot of room” for mutual learning and support between the two countries. “If we can find a way to collaborate on the technology, research and business aspects, it ...

Posted on 22/02/2024

More multinationals are picking Singapore over Hong Kong to set up Asia hubs

Singapore and Hong Kong’s crypto goals on track despite US Bitcoin ETFs launch Hong Kong codified its position as mainland China’s finance centre by containing political protests and adhering to the ...

Posted on 22/02/2024

Naira Will Bleed If We Don’t Clamp Down On Crypto Platforms — Onanuga To CBN, EFCC

The Monetary Authority of Singapore also banned Singaporean investors from accessing ... should not be allowed to dictate the value of the Naira, not on its crypto exchange platform. “Other crypto ...

Posted on 22/02/2024

Fallen crypto mogul Do Kwon could face heavy sentence in US

Extradition decision comes 11 months after Kwon's arrest in MontenegroTerraform Labs co-founder Do Kwon, who was apprehended in Montenegro over his alleged involvement in a $40 billion cryptocurrency ...

Posted on 22/02/2024

Nvidia Q4 Earnings Boost Some Crypto; This AI-Token Is Rallying 25%

Tokens associated with artificial intelligence soared on Wednesday as technology giant Nvidia Corp (NASDAQ:NVDA) reported a smashing fourth fiscal quarter, surpassing ...

Posted on 22/02/2024

Bitcoin trails Ether as ETF hype shifts to crypto’s second-largest token

While some crypto fans view the funds as a precedent paving the way ... head of trading at OSL SG in Singapore. But Mr Von Haenisch added that he’s doubtful US Securities and Exchange chair Gary ...

Posted on 22/02/2024

Singapore shares started Thursday morning on a downward trend; STI dipped by 0.1%

SINGAPORE: Singapore shares started Thursday morning on a downward trend, echoing the losses in global markets overnight. As reported by The Business Times, at 9:01 am, the Straits Times Index (STI) ...

Posted on 22/02/2024

Commentary: As retrenchments rise in Singapore, only the paranoid will survive

Being capable, hard-working and having a long list of work achievements are no longer a guarantee for job security, says strategic communications lecturer Ian YH Tan.

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