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Category: BUSINESS

Posted on 01/08/2024

Singapore drinks container polluters-pay initiative pushed to 2026 ‘at request of beverage producers’

A scheme operator, newly-licensed and run by a consortium of producers, will have to ensure that over 1,000 return points for emptied bottles and cans are set up islandwide before the new start date.

Posted on 01/08/2024

Crypto-Friendly Sygnum Bank Posts Record Profit and $4.5 Billion in Client Assets

Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. Sygnum Bank has announced its ...

Posted on 01/08/2024

Singapore Institute of Advanced Medicine Holdings to report ‘significant’ net loss after tax for FY2024

Singapore Institute of Advanced Medicine Holdings (SAM Holdings) is expected to report a “significant” net loss after tax for the FY2024 ended June 30, marking another year of net losses. The group ...

Posted on 01/08/2024

Total employment growth in Singapore doubled in Q2: Advance estimates

SINGAPORE: Total employment growth in the second quarter of the year was more than double that of the previous quarter, according to advance labour market estimates released by the Manpower Ministry ...

Posted on 31/07/2024

‘As yet, there are no credits’: Singapore launches new alliance to source Article 6 offsets for high-emitters

Through the Singapore Carbon Market Association, the country aims to increase the supply of carbon credits that firms can use to offset taxable emissions, says government official.

Posted on 31/07/2024

Singapore signs pact with US to deepen understanding of nuclear reactors, safety

SINGAPORE: Singapore and the United States on Wednesday (July 31) inked a 30-year agreement that will allow the Republic to learn more about the latest nuclear technologies and scientific research ...

Posted on 31/07/2024

Exclusive-New US rule on foreign chip equipment exports to China to exempt some allies, sources say

The Biden administration plans to unveil a new rule next month that will expand U.S. powers to stop exports of semiconductor manufacturing equipment from some foreign countries to Chinese chipmakers, ...

Posted on 31/07/2024

Manufacturing and services firms in Singapore upbeat about second half of 2024: Surveys

This is on the back of growing demand in semiconductors, increased travel and consumer spending. Read more at straitstimes.com.

Posted on 31/07/2024

TikTok-owner ByteDance’s Singapore workers suffer mass food poisoning

An office of TikTok-owner ByteDance in Singapore was hit by a mass food poisoning incident on Tuesday, according to local authorities.

Posted on 31/07/2024

Now a Singapore brand, bubble tea chain Playmade sets its sights on the US

BUBBLE tea chain Playmade began as a franchise from Taiwan, but has since become a Singapore brand – and is now poised to expand overseas. Read more at The Business Times.

Posted on 31/07/2024

“I earn $70/day if TP fine me. I can’t afford the S$150 fine” – Netizens sympathise with Singapore taxi driver’s handwritten sign for passengers to fasten seatbelts

SINGAPORE: A photo of a Singapore taxi driver’s handwritten sign urging passengers to fasten their... The post “I earn $70/day if TP fine me. I can’t afford the S$150 fine” – Netizens sympathise with ...

Posted on 31/07/2024

‘No brainer’: Thailand to become second in Southeast Asia to tax carbon emissions

In time, Thailand's strategy could give its industries a competitive edge while reducing greenhouse gas emissions, experts say. Singapore was the first in the region to introduce a carbon tax in 2019.

Posted on 31/07/2024

Vietnam remains as the largest rice exporter to Singapore

Vietnam remained as the largest rice exporter to Singapore in the first half of 2024, accounting for 32.69% of the overall market share, according to Radio the Voice of Vietnam.

Posted on 31/07/2024

Singapore’s employment growth strengthens in Q2 despite seasonal dip in resident employment

SINGAPORE’S employment levels expanded in the second quarter at a faster rate than in Q1, despite a slight decline in overall resident employment due to seasonal factors, advance data from the ...

Posted on 31/07/2024

Singapore Approves Edible Insects Amid Food Security Push

The seaside restaurant is the first eatery to put insects on the menu after the city state’s stringent food authority this month approved for human consumption 16 species ranging from crickets to ...

Posted on 31/07/2024

The SEC has charged an a16z and Sequoia-backed crypto startup founder with fraud

The founder of once-hyped crypto startup BitClout is facing trouble. On Tuesday, the SEC charged him with fraud and other offenses.

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