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Category: BUSINESS

Posted on 10/11/2023

Singapore-based crypto mining platform Bitdeer partners Nvidia to launch AI cloud service solutions

This will provide its customers with access to Nvidia’s AI supercomputing to accelerate the development of generative AI.

Posted on 10/11/2023

PM Lee: Johor-Singapore Special Economic Zone is “substantial and promising project”

SINGAPORE: A joint special economic zone between Singapore and the state of Johor (JS-SEZ) is in its planning stages, with the signing of a memorandum of understanding (MOU) eyed by the beginning of ...

Posted on 09/11/2023

Singapore’s Grab Hits Adjusted Profit, Decade After Founding

Grab Holdings Ltd. posted its first-ever profit on adjusted basis, a milestone for the decade-old Southeast Asian ride-hailing and food delivery company trying to convince investors of its earnings ...

Posted on 09/11/2023

Over 4,600 cases of duty and GST evasion at Singapore land checkpoints in first 10 months of 2023

Nearly S$14,200 in duties and GST was recovered and over S$1.4 million (US$1.03 million) in penalties was imposed.

Posted on 09/11/2023

Singapore to Amend Free Trade Zones Act, Strengthening Powers to Tackle Illegal Trade

Singapore Parliament has proposed a bill to amend the 1966 Free Trade Zones (FTZ) Act and make related changes to the 1960 Customs Act.

Posted on 09/11/2023

Singapore-generated carbon credits can’t be used to offset tax: MSE

Find out more about subscription packages here. CARBON credits generated from projects in Singapore will not be allowed to offset emissions under the country’s carbon tax regime, the Ministry of ...

Posted on 09/11/2023

Singapore’s middle distillates near 10 mln barrels as net exports decline further

Singapore's middle distillates inventories rose 5.7% from last week to almost 10 million barrels, as net exports of both jet fuel/kerosene and gasoil declined further, official data showed on Thursday ...

Posted on 09/11/2023

Significant investment Bill is part of Singapore’s security strategy in turbulent world: Gan Kim Yong

Finally, Singapore must seek new areas for cooperation, to deepen collaboration and strengthen the city-state’s relevance as a global business hub. Gan named sustainability and the digital economy as ...

Posted on 09/11/2023

Singapore’s Mortgage Tech Startup LXA Secures US$10 Million Seed Funding

LXA, a Singapore-based technology startup specialising in mortgage solutions, has raised US$10 million in a seed funding round led by New Enterprise Associates (NEA). The round also included ...

Posted on 09/11/2023

S’pore to import low-carbon electricity from Vietnam to help meet renewable imports target

SINGAPORE – From 2033, Singapore will import 1.2 gigawatts (GW) of low-carbon electricity – primarily generated by wind power – from Vietnam, which will help fulfil the Republic’s target ...

Posted on 09/11/2023

CapitaLand Investment 9-month revenue drops 3% on weaker real estate business

SINGAPORE - Real estate investment manager CapitaLand Investment ... The dip in revenue was due to an 8 per cent decline in revenue of its real estate business to $1.4 billion. This was partially ...

Posted on 09/11/2023

Tiger Brokers (Singapore) Takes Home “Best Retail Broker” Title at SIAS Investors’ Choice Awards 2023

Client assets are also held and kept in ringfenced custody accounts and held in trust by an appointed trustee, separated from Tiger Brokers (Singapore)'s own business capital. The firm also strictly ...

Posted on 09/11/2023

Singapore retains its crown as Asia’s most talent-competitive country

Globally, Singapore ranked second in talent competitiveness. Singapore is still the most talent-competitive country in Asia, according to Insead’s Global Talent Competitiveness Index 2023. Globally, ...

Posted on 09/11/2023

Singapore in a phase where ‘we have to do more together’: PM Lee

SINGAPORE must now “do more together” to help those who fall behind, compared to the “very rigorous” approach of earlier years, Prime Minister Lee Hsien Loong said on the first day of the Bloomberg ...

Posted on 09/11/2023

China Unlikely to Launch ‘D-Day’ on Taiwan, Singapore PM Says

Singapore’s leader downplayed the likelihood of an imminent conflict over Taiwan, saying China isn’t “trigger happy” about taking over the self-governing island it has long viewed as its ...

Posted on 08/11/2023

Singapore explores cooperation, investment opportunities in Lang Son

Singaporean Ambassador to Vietnam Jaya Ratnam paid a working trip to Lang Son on November 8 to explore cooperation and investment opportunities in the Northern border province.

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