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Category: BUSINESS

Posted on 09/01/2024

Raising business capabilities, Singapore’s attractiveness among Budget 2024 proposals | Video

The Singapore Business Federation and professional services firm KPMG Singapore have put forward suggestions for Budget 2024 that aim to give firms an edge when it comes to going digital and green.

Posted on 09/01/2024

Shell loses £3.5bn as it seeks to quit Singapore but gas earnings soar

Shell is trying to sell the refining and chemicals hub on Singapore's Bukom (pictured) and Jurong islands after launching a strategic review last year.

Posted on 08/01/2024

Most key global crypto markets tightening consumer protection rules, says report

In 2023, 80 per cent of the 21 jurisdictions moved to tighten crypto rules, and nearly half have tightened consumer protection measures, a report by blockchain analysis firm TRM Labs said. Read more ...

Posted on 08/01/2024

ST Explains: Next steps to take after getting retrenched in Singapore

SINGAPORE - The topic of lay-offs is in the spotlight again in the first week of January, as e-commerce giant Lazada reportedly retrenched workers of all stripes from Jan 3 to Jan 5. Such exercises ...

Posted on 08/01/2024

Upbit Singapore gains MPI license from MAS for crypto expansion

In a landmark move for Singapore’s digital asset sector, Upbit Singapore has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS). This development, a ...

Posted on 08/01/2024

Singapore stocks end flat ahead of key markets’ inflation data

SINGAPORE - Singapore stocks finished flat on Jan 8, ahead of the week’s key inflation data out of China, Japan and the US. The Straits Times Index ended marginally higher by 2.72 points or 0.09 per ...

Posted on 08/01/2024

KPMG, SBF call for Budget 2024 to enhance Singapore’s tax competitiveness, promote ESG

BUDGET 2024 is a chance for Singapore to reinforce its status as a hub for business, wealth management, and sustainability-linked investments, said the Singapore Business Federation (SBF) and ...

Posted on 08/01/2024

Upbit Singapore Expands Institutional Foothold With Major Payment License From MAS

Upbit Singapore secures MAS Major Payment License, paving the way for institutional growth and global compliance leadership in digital assets.

Posted on 08/01/2024

Commentary: 3 big shifts to watch out for in Singapore’s healthcare system in 2024 as it prepares for challenges ahead

Healthier SG, Age Well SG, Cancer Drug List, a new Implant Subsidy List and more. Healthier SG and Age Well SG shift the focus from disease to health and well-being, while the two Lists clarify what s ...

Posted on 08/01/2024

Crypto exchange Upbit gets full Singapore licence

This will allow the exchange to expand its institutional business and increase the number of digital assets it lists. Read more at straitstimes.com.

Posted on 08/01/2024

Singapore firms, India’s Tamil Nadu state sign MOUs worth S$5 billion

SINGAPORE: Singapore firms and India's Tamil Nadu have concluded S$5 billion (US$3.7 billion) in planned investments at the Tamil Nadu Global Investors Meet held in Chennai. The investments will be ...

Posted on 08/01/2024

MAS Grants Full Crypto Payment License to Upbit Singapore

MAS has granted Upbit Singapore a full payment license, enabling the company to expand its operations in the digital asset market.

Posted on 08/01/2024

Fewer Singapore businesses planning forays overseas

SINGAPORE: Fewer Singapore businesses are planning to venture overseas, with large companies a tad more cautious than their small and medium-sized counterparts, a survey by the Singapore Business ...

Posted on 08/01/2024

3PL Market in Singapore to grow by USD 1.35 billion growth between 2022 – 2027| Driven by Growing import-export activity on sea lanes- Technavio

The 3PL Market in Singapore report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years.

Posted on 07/01/2024

Companies looking to offset carbon tax will have to wait some time more for worthy projects

High-quality projects that truly benefit the climate have yet to become available, although some are currently in the works. Read more at straitstimes.com.

Posted on 07/01/2024

E-commerce platforms collecting 9% import GST in advance for goods to be imported after year end

Popular e-commerce platforms Taobao and ezBuy began charging customers who purchase goods over $400 from abroad the new 9 per cent GST rate from 20 Dec itself, while Ezship began charging the higher ...

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