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Category: BUSINESS

Posted on 03/09/2025

Economists raise Singapore’s 2025 growth outlook to 2.4% on stronger manufacturing, exports

SINGAPORE] Private-sector economists have turned a shade more optimistic about Singapore’s full-year growth, in the most recent quarterly survey of professional forecasters by the city-state’s central ...

Posted on 03/09/2025

Man fined $60,000 for illegally importing over 150 replica guns and accessories

A man has been fined $60,000 for purchasing imitation firearms through Chinese e-commerce platform Taobao, then illegally importing the goods for sale online here. Ng Jie Sheng, 44, pleaded guilty to ...

Posted on 03/09/2025

Paving Pathways: India and Singapore’s Strategic Strides

India and Singapore are set to enhance their strategic partnership by signing five pivotal agreements. Singapore PM Lawrence Wong's visit aims to explore economic collaborations, focusing on sectors ...

Posted on 03/09/2025

Singapore factory activity inches back to ‘limbo state’ while electronics PMI picks up pace

SINGAPORE] Overall factory activity in the city-state inched back to neutral in August, in parallel with the general improvement seen in the region. Read more at The Business Times.

Posted on 02/09/2025

Singapore’s Crypto.com Signs Partnership with Trump Media

Singapore-based Crypto.com has signed a strategic partnership with Trump Media and Technology Group Corp. (TMTG), operator of Truth Social, Truth+, and ...

Posted on 02/09/2025

Crypto.com To Offer Sports Prediction Market

Crypto.com, the Singapore-based cryptocurrency exchange, is partnering with fantasy sports company Underdog to offer sports prediction markets in 16 U.S. states. Crypto.com said it plans to focus on ...

Posted on 02/09/2025

Singapore’s Bukom refinery exports rare naphtha cargo, sources say

Singapore's Bukom refinery has exported its first naphtha cargo in years following a longer-than-expected outage at its cracker, according to three sources with knowledge of the matter and shipping ...

Posted on 02/09/2025

Singapore stocks close higher as STI briefly reaches 4,300; index up 0.5%

SINGAPORE] Stocks on the local bourse closed higher on Tuesday (Sep 2) as the Straits Times Index (STI) briefly traded above 4,300 points for the first time. The new threshold was supported by Singtel ...

Posted on 02/09/2025

Deepening investor protection in Singapore

SINGAPORE] Over the past decade, Singapore has improved its legal and regulatory framework for investor protection. These regulatory reforms have led to meaningful enhancements in disclosure ...

Posted on 02/09/2025

Crypto Wallet BasedApp to End Visa Card Services in Singapore

Crypto wallet provider BasedApp announced that it has discontinued its Visa Card product and related services in Singapore.

Posted on 02/09/2025

Binance Hires Former Crypto.com Executive to Head APAC: Compliance Game Changer

Binance appoints former Crypto.com SB Seker as APAC head to support compliance and expansion in the developing crypto markets in Asia-Pacific.

Posted on 02/09/2025

26 companies, 6 individuals honoured at Singapore Corporate Awards 2025

DBS takes top honours in large-cap category for companies with a market capitalisation above $1 billion. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 01/09/2025

Asia’s pledge to boost US farm imports may redraw trade flows

Southeast Asian nations are set to reshape global grains and oilseed trade flows through U.S. trade deals that include raising agriculture purchases, with increased American shipments displacing ...

Posted on 31/08/2025

This Week In Crypto Asia: Japan’s SBI Group Dominates With Landmark Partnerships, Philippines Considers 10,000 BTC Reserve

This week, the crypto Asia landscape was all about partnerships ... and a tokenisation-related project with the Singapore-based Startale. SBI’s collaboration with Startale entails a trading platform ...

Posted on 31/08/2025

Top 10 Income Tax Mistakes Foreign Investors Should Avoid in Singapore (2025)

One of the most frequent and expensive mistakes foreign investors make is missing Singapore’s strict tax filing deadlines. IRAS imposes a 5% penalty on unpaid taxes when payments are not received by ...

Posted on 31/08/2025

Singapore’s climate reporting delay is ‘fuel for the sustainability deprioritisation fire’ in Asia, say experts

Once an early mover on ISSB adoption, the city-state has pushed back disclosures for smaller listed firms by up to five years. Regulators cite economic uncertainty, but market watchers warn the move ...

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