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Category: BUSINESS

Posted on 06/02/2024

Singapore passes Bill to strengthen laws against financing of weapons of mass destruction

The tightening of controls over proliferation financing covers several business activities, namely dealing in precious stones and metals, moneylending, pawnbroking and providing legal services.

Posted on 06/02/2024

Innovation Island: Singapore Is Poised To Be The World’s Next Wealth Capital

Singapore's rise is underpinned by its strategic geographical location and business-friendly regulatory environment, along with its emerging role as a new focal point for Asian finance and world-class ...

Posted on 06/02/2024

Singapore banks’ profits set to peak as rates boost fades

DBS will kick off the earnings season on Feb 7, followed by UOB on Feb 22 and OCBC on Feb 28. Read more at straitstimes.com.

Posted on 06/02/2024

Singapore AI fintech investment surges in H2 despite global funding winter: KPMG

FUNDING for artificial intelligence (AI) technologies in Singapore’s fintech sector surged 77 per cent in the second half of 2023, despite a global decline in fintech investments amid economic ...

Posted on 06/02/2024

China declines comment on Singapore’s foreign interference case, says it’s another country’s internal affairs

In response to a query from The Straits Times, a Chinese Foreign Ministry spokesperson said on Feb 5 that Mr Chan, as president of the Hong Kong Singapore Business Association, has contributed to the ...

Posted on 06/02/2024

SRS contributions are great for tax savings but may not be for everyone

Find out more about subscription packages here. TAX season is almost upon us, with tax filing season typically beginning on Mar 1. While Singapore’s personal income tax rate is generally considered to ...

Posted on 06/02/2024

Red Sea attacks have led to ‘some delays’ in Singapore’s imports from Europe: Gan Kim Yong

SINGAPORE: Attacks on vessels and tankers in the Rea Sea have caused "some delays" in Singapore's imports from Europe, Trade and Industry Minister Gan Kim Yong said on Monday (Feb 5). These imports ...

Posted on 05/02/2024

‘He has given a lot to Singapore’: Business leaders, staff pay tribute to Wee Cho Yaw

Deputy Prime Minister Lawrence Wong, the founder of Neo Group and Jumbo Group's CEO were among the attendees at the wake.

Posted on 05/02/2024

Singapore to review Formula One deal, audit 2022 race following S. Iswaran probe

Iswaran resigned last month after being charged with corruption, including allegedly obtaining tickets to musicals and soccer matches in the UK. He denies the charges.

Posted on 05/02/2024

Singapore To Review F1 Deal With Hotel Tycoon’s Firm Amid Graft Probe

The Singapore government will review the terms of the Formula ... Ong and Iswaran were arrested in July but no formal charges have been brought against the business tycoon, who was granted bail.

Posted on 05/02/2024

Partnerships between landlords, flexible office providers will kill off traditional lease business model, says Singaporean co-working space operator TWP

The days of independent co-working companies taking tonnes and tonnes of leases are basically over,' says founder of The Work Project TWP has secured the backing of Dexus, an Australian real estate ...

Posted on 05/02/2024

Singapore Retail Sales Fall 0.4%

Singapore's retail sales decreased in December after rebounding in the previous month, preliminary data from the Department of ...

Posted on 05/02/2024

Singapore invokes foreign interference law against naturalised citizen

Singapore has designated a 59-year-old businessman as a "politically significant person" under a law on foreign interference that is being used for the first time. The man, Chan Man Ping Philip, is a ...

Posted on 05/02/2024

Crypto boss ‘was the brains behind £1.3million fraud’ as British businessman is named by judge in Singapore as mastermind of Ponzi fraud said to have left victims ‘financially …

While in Singapore, he also set up another crypto trading platform called Finxflo, which he said employed more than 80 financiers in Europe, Asia and the US. Mr Gillingham was interviewed by CNN and ...

Posted on 05/02/2024

Best Crypto to Buy Now February 4 – Render, Huobi Token, Mina

Best crypto to buy now’ is one of the most searched cryptocurrency-related terms in Google, and each day InsideBitcoins lists some options.

Posted on 04/02/2024

Singapore arbitrator lets Zee go to India tribunal to enforce Sony merger deal -Zee

NEW DELHI, Feb 4 (Reuters) - A Singapore arbitrator agreed to let Zee Entertainment ... Aditya Kalra is the Company News Editor for Reuters in India, overseeing business coverage and reporting stories ...

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