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Category: BUSINESS

Posted on 15/02/2024

Singapore’s Job Market Displays Positive Growth Trends and Hiring Sentiment for 2024: Reeracoen Survey

A recent survey by Reeracoen, a leading provider of human resource services in Singapore, provides insightful revelations about employers' hiring motivations and workforce plans across 30 industries ...

Posted on 15/02/2024

Singapore wrongly charged taxpayers US$5.5 million in GST last 5 years, will have to refund fees

The Ministry of Finance said that the errors were discovered in November when it found inconsistencies in the application of GST on certain government fees.

Posted on 15/02/2024

Crypto market value climbs back above US$2 trillion in broad rally

SINGAPORE - Bitcoin hovered around US$52,000 (S$70,115) after a broad cryptocurrency rally that saw Ether, the second-biggest token, advance back to where it was before the TerraUSD stablecoin ...

Posted on 15/02/2024

Singapore key exports shrank 13.1% in 2023 on weak electronics, petrochemical demand

SINGAPORE - Non-oil domestic exports (Nodx) shrank by 13.1 per cent in 2023 amid weak demand worldwide for electronics and petrochemicals - two of Singapore’s key exports. Read more at ...

Posted on 15/02/2024

Singapore economy grew 1.1% in 2023: Data

Singapore's economy grew less than expected due to geopolitical risks and weaker global demand for exports. Slower growth in 2022 and 2021 followed a ...

Posted on 15/02/2024

Singapore maintains 2024 GDP forecast at 1-3% after economy grew 1.1% last year

SINGAPORE: Singapore has maintained its growth forecast for 2024 at a range of 1 to 3 per cent, as data on Thursday (Feb 15) showed the economy growing slightly slower than expected last year. The ...

Posted on 15/02/2024

Ex-CEO loses lawsuit against hawker after failed S$350,000 investment in prawn noodle business

Mr Tan Cheng Soon Don sued his hawker friend, Mr Teo Aik Hua of Zion Road Big Prawn Noodle, after their joint venture failed.

Posted on 14/02/2024

This gaming startup tries to show ‘AI + crypto’ is not a fad

Before the world became fixated on artificial intelligence, thanks to generative AI's advances, cryptocurrency was the darling of many investors. So when ...

Posted on 14/02/2024

Singapore wrongly charged taxpayers US$5.5 million in GST last 5 years, will now have to refund fees

The Ministry of Finance said that the errors were discovered in November when it found inconsistencies in the application of GST on certain government fees.

Posted on 14/02/2024

Singapore and Hong Kong’s crypto goals on track despite challenge from US Bitcoin ETFs

The move by the SEC to approve the first US-listed ETF tracking Bitcoin is seen as a watershed moment in the crypto industry.

Posted on 14/02/2024

Singapore stocks fall after US inflation dashes Fed rate-cut hopes; STI down 0.1%

Singapore Airlines extended Tuesday’s spectacular gains, ending S$0.05 or 0.7 per cent higher at S$7.14 on Wednesday. The airline will give its third-quarter business update for the year ending March ...

Posted on 14/02/2024

Singapore is third-best country to build multi-generational wealth, says report

SINGAPORE – A global ranking of the best places for families looking to relocate and seek opportunities for the next generation has placed Singapore in third place behind Switzerland at No. 1 and the ...

Posted on 14/02/2024

Singapore government to refund taxpayers wrongly charged with GST for fees paid to six agencies

From March, the Singapore government will be refunding individual and business taxpayers who were wrongly charged with the Goods and Services Tax (GST) for certain government fees paid to six agencies ...

Posted on 14/02/2024

In Singapore, six govt agencies to refund about S$7.5m in GST wrongly charged on regulatory fees for at least last five years

Six government agencies will be refunding about S$7.5 million in Goods and Services Tax (GST) that had been wrongly charged on certain regulatory fees.

Posted on 14/02/2024

International Energy Agency to open first regional office in Singapore

The International Energy Agency can assist the Association of Southeast Asian Nations (ASEAN) with its plans for a regional power grid, says one analyst.

Posted on 14/02/2024

Crypto Has an Unrealized Opportunity in Asia

Practical retail use of crypto in developing markets is converging with institution adoption, BitGo Director Abel Seow writes.

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