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Category: BUSINESS

Posted on 13/02/2024

Singapore’s Budget 2024 likely to encourage upskilling: reports

The upcoming Budget 2024 is expected to focus on boosting the workforce's productivity by introducing a range of initiatives to encourage upskilling in digitalisation, artificial intelligence, and ...

Posted on 13/02/2024

Singapore lost nearly 40% of its biodiversity in past 200 years, not as much as was believed: Study

The latest study found that overall extinction rate was nearly half that of a previous estimate. Read more at straitstimes.com.

Posted on 12/02/2024

Million-dollar car sales fall in 2023 for second year in a row in Singapore

Nearly 300 cars with price tags of at least US$1 million were registered in Singapore in 2023, marking a drop in registrations for two consecutive years after five years of growth.

Posted on 12/02/2024

Global Housing Lessons: The Challenge of Applying Singapore’s Housing Model to the Toronto Real Estate Market

Toronto, celebrated for its diversity and ability to attract global talent, currently faces a housing affordability cris ...

Posted on 12/02/2024

BUCE accredited first broker in Singapore

The first brokerage company from Singapore, Vooking Pro Pte. Ltd., has been accredited at the Belarusian Universal Commodity Exchange.

Posted on 12/02/2024

Wee Cho Yaw’s business legacy may live on longer in property than in banking

BUSINESS leaders, politicians and friends paid tribute to Wee Cho Yaw, who died earlier this month at the age of 95. The late businessman was one of Singapore’s richest persons, an active community ...

Posted on 12/02/2024

Man who evaded taxes on over 1,800 imported vehicles gets S$6 million fine

An investigation into M’Exclusive was launched after the car importer was suspected of under-declaring the values of motor vehicles for assessment of duty and GST payable, Singapore Customs ...

Posted on 11/02/2024

Commentary: Visa waiver deal puts Singapore in good stead to attract the coveted Chinese tourist

Could a new visa exemption arrangement give Singapore the boost to attract more tourists from China? A beleaguered Chinese economy means that Singapore must look beyond its pre-pandemic edge and play ...

Posted on 10/02/2024

EDX Markets set to establish a foothold in Singapore

EDX Markets, a promising crypto exchange supported by major Wall Street players, is gearing up to expand its presence and attract institutional investors. CEO Jamil Nazarali recently revealed plans to ...

Posted on 09/02/2024

Mark Zuckerberg’s Meta To Vacate 7 Floors Of Singapore Office Amid Global Layoffs: Report

What Happened: Meta Platforms, the parent company of Facebook, Instagram and WhatsApp will not be renewing its lease for seven floors of office space at South Beach Tower in Singapore, reported ...

Posted on 09/02/2024

Man helped Thai sex work syndicate operating in Singapore transfer S$75,000 overseas, gets jail

Mangmeesri Chanwit's bank account was used to transmit over S$75,000 to Thailand, and he received about S$5,000 in total for his help.

Posted on 09/02/2024

Security Firm Issues Warning About WordPress Crypto Widgets

The Cyber Security Agency of Singapore warns of hackers using price ticker and coins list plugins to extract sensitive data via SQL Injection.

Posted on 09/02/2024

BT Explains: How might Singapore stay competitive with tax changes under BEPS 2.0?

SINGAPORE is implementing a minimum effective tax rate of 15 per cent for multinational enterprise (MNE) groups from January 2025, in line with global tax changes. But this means the Republic will no ...

Posted on 08/02/2024

Singapore middle distillates stocks dip but remain above 7 mln bbls

Singapore's middle distillates stockpiles slipped slightly week-on-week as net exports of both diesel/gasoil and jet fuel/gasoil posted robust gains, official data showed on Thursday.

Posted on 08/02/2024

I moved from San Francisco to Singapore. It’s so much cleaner and safer, and I can’t imagine returning home.

Nick Burns moved from San Francisco to Singapore. He met his wife, enjoys the spicy food, and gets to travel to places like Bali on the weekends.

Posted on 08/02/2024

Singapore shoppers scoop up Lunar New year bargains in Malaysia as city state’s dollar rides high: ‘it’s like a bonus’

As the cost of living back home soars, Singaporeans are taking advantage of their local dollar’s unprecedented strength. And the Malaysian ringgit isn’t the only Asian currency at a record low against ...

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