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Category: BUSINESS

Posted on 30/05/2025

Singapore taps TotalEnergies-RGE JV for subsea link to import clean power from Indonesia

SINGAPORE (Reuters) -A Singapore government-appointed company will develop a subsea interconnector with Singa Renewables, a joint venture between Royal Golden Eagle (RGE) and France's TotalEnergies ...

Posted on 30/05/2025

Singapore Clears 1GW of Solar Imports from Indonesia

Singapore took a step toward importing up to 1 gigawatt of solar power from Indonesia, part of the tiny city-state’s efforts to shore up energy security via cross-border links.

Posted on 30/05/2025

EMA grants conditional licence to RGE, TotalEnergies’ Indonesian solar project for electricity import to Singapore

SINGAPORE] The Energy Market Authority (EMA) on Friday (May 30) granted a conditional licence to Singa Renewables, a joint venture between RGE and TotalEnergies, to import 1 gigawatt (GW) of ...

Posted on 30/05/2025

Asean grid makes headway with plans for new electricity interconnector from Indonesia to S’pore

S'pore has also appointed a new government-linked company to oversee the development of interconnections. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 30/05/2025

India’s May diesel exports to Southeast Asia seen at multi-year highs on higher margins

India's diesel exports to Southeast Asia for May are expected to be the highest in at least four years, according to shiptrackers and three trade sources, as traders eyed higher profits in Asia and as ...

Posted on 30/05/2025

Singapore stocks fall as Trump tariffs resumes for now; STI retreats 0.6%

SINGAPORE] Local equities ended Friday (May 30) lower, after an appeals court in the United States paused a ruling that blocked President Donald Trump’s sweeping tariffs. Read more at The Business ...

Posted on 30/05/2025

India’s May diesel exports to SE Asia hit multi-year high on higher margins

India's diesel exports to Southeast Asia for May are set to hit the highest in at least four years, according to shiptrackers and three trade sources, as traders eyed higher profits in Asia while ...

Posted on 30/05/2025

Singapore farms innovate and collaborate amid profitability struggles

From making ready-to-eat meals to marketing a wider variety of vegetables to hotel groups, Singapore’s farms are getting creative to survive.

Posted on 30/05/2025

Carbon-tax paying firms can carry over unused offsets to 2025 due to limited carbon credit supply

This means they can offset up to 10 per cent of their taxable emissions using carbon credits in 2025. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 30/05/2025

Singapore ranks fourth in global startup index

Singapore has advanced to the fourth position in the global start-up ecosystem rankings for 2025, up from fifth place in 2024. The new ranking places Singapore behind Israel, Britain, and the U.S.

Posted on 30/05/2025

Singapore leads global crypto job opportunities per capita

Singapore leads the world in cryptocurrency job opportunities per capita, according to LegalBison's study. The research, which analysed Glassdoor listings, found Singapore offers 68.68 crypto roles ...

Posted on 30/05/2025

Singapore’s STI, Asia markets rise after US court blocks Trump’s reciprocal tariffs

SINGAPORE] Singapore stocks rose on Thursday (May 29) morning, after a US trade court on Wednesday (May 28) blocked US President Donald Trump’s “Liberation Day” tariffs from going into effect. Read ...

Posted on 29/05/2025

Singapore fuel oil stockpiles at four-week highs

Fuel oil imports into onshore tanks fell 18% from the previous week to 686,000 tons, with most imports hailing from Russia ...

Posted on 29/05/2025

Asia’s jet fuel exports to US West Coast to hit 1-year high in May

The surge in imports comes at the start of the American summer travel season, potentially impacting travel costs and highlighting the vulnerabilities of US West Coast supply ...

Posted on 29/05/2025

Asia jet fuel exports to US West Coast to hit 1-year high in May

Asia's jet fuel exports to the U.S. West Coast are expected to hit at least a one-year high in May, according to shiptracking data and three trade sources, as refinery outages in California boosted ...

Posted on 29/05/2025

Singapore stocks rise after US court blocks Trump’s tariffs; STI up 0.1%

Across the broader market, advancers outpace decliners 309 to 170. Read more at straitstimes.com. Read more at straitstimes.com.

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