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Category: BUSINESS

Posted on 06/06/2024

Why Singapore could be the ‘tipping point’ for ASEAN renewable and grid development

Heavily reliant on gas, the country is still on track for its 2035 net-zero target, but could be more ambitious to hit its 2050 goal by 2045. TALKS about regional grid interconnection amongst ...

Posted on 06/06/2024

Fitch: Singapore is unlikely to attract large data centre investments, as Malaysia has drawn most of it over the past years

Despite Singapore's efforts, many major foreign investors appear more drawn to neighbouring markets like Malaysia ...

Posted on 06/06/2024

Rise in identity cybersecurity breaches in Singapore is due to multi-cloud and artificial intelligence

SINGAPORE: According to CyberArk, the increase in identity cybersecurity breaches in Singapore is mainly due to the widespread use of multi-cloud and artificial intelligence (AI), which creates many ...

Posted on 05/06/2024

China’s Tiger Brokers eyes Singapore’s rich to drive growth

The firm is hoping to double its revenue in Singapore over the next one to two years as it taps the “sophisticated and rich".

Posted on 05/06/2024

US Reclaims Crypto Crown on Bitcoin ETFs, Trump Rise in Polls

(Bloomberg) -- The US is reclaiming its position as the undisputed top dog of cryptocurrency markets. From a crop of record-shattering Bitcoin ETFs to more accommodating regulators, swelling political ...

Posted on 05/06/2024

Polkadot Blockchain Academy Launches Fifth Cohort in Singapore to Nurture Developer Talent

Polkadot Blockchain Academy (PBA) has announced the launch of its highly anticipated fifth cohort in Singapore, commencing on May 20, 2024. A leading institution in blockchain education, PBA aims to ...

Posted on 05/06/2024

Singapore stocks in the red after lacklustre retail sales; STI retreats 0.3%

A lacklustre month of takings at the till was the culprit: Singapore’s retail sales fell 1.2 per cent year on year in April, below the forecast 1.9 per cent gain in a Bloomberg poll of private-sector ...

Posted on 05/06/2024

Chinese tech giant Tencent moves into Singapore tower to consolidate office space in city state

“We are excited to continue our business in Singapore.” Tencent’s move reflects the cautious mood in an office market showing early signs of weakness because of rising lay-offs in sectors like ...

Posted on 05/06/2024

Singapore hotel rates and other indicators fall in April from Taylor Swift-driven highs in March

April international visitor arrivals slipped to 1.36 million, following the high in March. Read more at straitstimes.com.

Posted on 05/06/2024

Purchase body approves import of LNG cargo, 6000 MT of lentil

The government will import a cargo of liquefied natural gas (LNG) from Singapore.The Cabinet Committee on Government Purchase (CCGP) in a meeting on Tuesday approved a proposal of state-owned ...

Posted on 04/06/2024

Singapore stocks edge lower amid mixed showing in region

ST Engineering came in at the bottom of the index, dropping 2.4% or $0.10 to $4.04 Read more at straitstimes.com.

Posted on 04/06/2024

Completion of Google’s fourth data centre in Singapore brings total investment to S$6.7B

SINGAPORE: The completion of Google’s fourth data centre in Singapore brings its total investment in the country to US$5 billion (S$6.7 billion). This marks a substantial increase from the US$850 ...

Posted on 04/06/2024

HSBC to open 3 wealth centres in Singapore by Q1 2025; pivot branches to wealth

HSBC plans to open three wealth centres in Singapore by the first quarter of 2025, as part of its strategy to build its international and wealth propositions. Read more at The Business Times.

Posted on 04/06/2024

Govt to consider tax incentives for halal industry investments in JS-SEZ

The government will discuss tax incentives for businesses investing in the halal industry within the Johor-Singapore Special Economic Zone (JS-SEZ), says Datuk Seri Dr Ahmad Zahid Hamidi. Read full st ...

Posted on 04/06/2024

Ukrainian president berates China at Singapore security conference

The presence of Zelensky condemning China and touting for support for the war against Russia is a sharp warning the brutal conflict is rapidly developing into a wider war not just in Europe, but ...

Posted on 04/06/2024

Singapore unlikely to draw large-scale data centre investments despite added capacity: Report

Momentum for data-centre investment also growing rapidly in other markets like Johor and Batam. Read more at straitstimes.com.

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