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Category: BUSINESS

Posted on 13/03/2024

Singapore shares surged on Wednesday—STI up 0.2%

SINGAPORE: Singapore shares surged Wednesday morning, reflecting the upbeat sentiment from the US and European markets after the Federal Reserve released its latest inflation data. The Business Times ...

Posted on 13/03/2024

Economists Upgrade Singapore 2024 Growth Forecast, Survey Shows

SINGAPORE (Reuters) - Economists have upgraded Singapore's 2024 growth forecast, according to a survey by the country's central bank published on Wednesday, with better-than-expected external growth ...

Posted on 13/03/2024

The green balancing act: How Singapore SMEs can navigate sustainability and costs

SMEs continue to face challenges in becoming more sustainable, such as lack of resources and manpower, reveals survey. Read more at The Business Times.

Posted on 12/03/2024

How Singapore overtook China as Nigeria’s top trading partner

Singapore has overtaken China as Nigeria's top import partner for the first time in at least 16 years, a BusinessDay analysis of ...

Posted on 12/03/2024

Singapore to Clamp Down on Corporate-Service Providers After Money Laundering Scandal

Singapore is planning to tighten its rules governing corporate-service providers, following a spate of money-laundering cases involving foreign nationals in the city state.

Posted on 12/03/2024

Singapore stocks rise 0.1% on Tuesday ahead of US inflation data

SINGAPORE stocks closed slightly higher on Tuesday (Mar 12) amid mixed trading in regional markets as investors awaited the release of US inflation data. Read more at The Business Times.

Posted on 12/03/2024

Daily Cuts – Why are more people in Singapore going bankrupt?

Singapore bankruptcy applications hit an 18-year high last year - what's behind the surge? Joel Chua and Susan Ng find out more from the co-author of the commentary: Why are more people in Singapore ...

Posted on 12/03/2024

Bitcoin Hovers Near All-Time Peak as Crypto Draws Record Inflows

The original cryptocurrency reached an all-time peak of almost $72,881 on Monday and was trading at $72,165 as of 11:25 a.m. in Singapore on Tuesday. A record $2.7 billion flowed into crypto assets ...

Posted on 12/03/2024

Singapore Central Bank Raises Caution over AI’s Role in Monetary Policy

Edward S Robinson, the deputy managing director for economic policy and chief economist at Singapore's Monetary Authority, issued a clarion call regarding the role of artificial intelligence (AI) in ...

Posted on 12/03/2024

BW Group’s LR1 tanker collides with BPCL’s import mooring near India’s West coast

In a recent maritime incident near India's west coast, the Singapore-flagged Long Range 1 (LR1) tanker belonging to BW Group, named the Hafnia Seine, collided with Bharat Petroleum Corp. Ltd.'s (BPCL) ...

Posted on 12/03/2024

Singapore business confidence hits one-year high for Q2 2024

Commercial credit bureau data showed that the Business Optimism Index rose for the 3rd consecutive quarter in Q2. Read more at straitstimes.com.

Posted on 11/03/2024

Best Crypto & Bitcoin Casinos in Singapore to Play in 2024

Crypto casinos in Singapore boast a mind-boggling number of online slots. From classic fruit machines with familiar symbols to feature-rich video slots with immersive storylines and bonus rounds, ...

Posted on 11/03/2024

Hong Kong’s exhibition centre nears pre-Covid numbers as trade fairs return from Singapore and new crypto event signs on

The number of events in the second half of 2023 hit 84 per cent of the pre-pandemic level, and the outlook is promising, top executive says A number of big trade fairs returned from pandemic hiatus, ...

Posted on 11/03/2024

Singapore Tourism Market Sets Ambitious US$ 39.9 Billion Revenue Goal with 4% CAGR by 2032 | FMI

The global Singapore tourism market is expected to garner a revenue of US$ 27 billion in 2022, reaching US$ 39.9 billion by 2032, growing at a CAGR of 4% during the projection period (2022 to 2032).

Posted on 11/03/2024

Singapore’s Swiftonomics: Some businesses swiftly grew in sales, while others swiftly dropped in sales

SINGAPORE: Taylor Swift’s arrival in Singapore has stirred excitement among fans and economic ripples, even prompting economists to upgrade Singapore’s GDP forecasts. However, TODAY reported that ...

Posted on 11/03/2024

Singapore business confidence hits one-year high in Q2 2024: SCCB

SINGAPORE - Local business sentiment continues an upward trajectory, hitting a one-year high in the second quarter of 2024. Data from the Singapore Commercial Credit Bureau (SCCB) released on March 11 ...

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