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Category: BUSINESS

Posted on 04/08/2023

Presidential hopeful Ng Kok Song submits forms, stresses importance of Singapore’s reserves

Presidential hopeful Ng Kok Song has submitted his application for a certificate of eligibility to contest the upcoming presidential election.

Posted on 04/08/2023

Singapore’s competition watchdog looking into Grab’s proposed takeover of Trans-Cab: Alvin Tan

SINGAPORE’S competition watchdog is looking into Grab’s proposed takeover of Trans-Cab, Minister of State for Trade and Industry Alvin Tan told Parliament on Thursday (Aug 3). Read more at The ...

Posted on 03/08/2023

The gist: New tax for large private water suppliers, tapping technology for safer roads

SINGAPORE - From taxing large private water suppliers to tapping technology for better road safety outcomes, MPs discussed a wide range of issues in Parliament on Thursday. Read more at ...

Posted on 03/08/2023

6 Best Crypto Exchanges And Trading Platforms Singapore

Our testing team has compared and reviewed 25 exchanges and this is our top list of the best crypto exchanges in Singapore.

Posted on 03/08/2023

Importers see cost of goods fall with stronger Singapore dollar

Thanks to a stronger Singapore dollar, importers here now have more purchasing power when buying goods from overseas.

Posted on 03/08/2023

Singapore worked with UK authorities on fraud case involving ex-F1 CEO Bernie Ecclestone: DPM Wong

SINGAPORE: Singapore worked closely with authorities in the United Kingdom on their investigation and prosecution of former F1 CEO Bernie Ecclestone, Deputy Prime Minister Lawre ...

Posted on 03/08/2023

Australia’s upcoming global minimum tax is intended to stop offshore tax evasion. There are doubts it will work

In 2016, reportedly half of US corporate profits were stashed in seven countries with low tax rates: Bermuda, the Cayman Islands, Ireland, Luxembourg, the Netherlands, Singapore and Switzerland. In ...

Posted on 02/08/2023

Singapore’s core inflation would have peaked at 7.2% if not for MAS’ policy moves: Alvin Tan

HAD the Monetary Authority of Singapore (MAS) not moved to tighten monetary policy since October 2021, core inflation would have reached 7.2 per cent year on year at its peak. This is 1.9 percentage ...

Posted on 02/08/2023

Car, COE, road tax, insurance, petrol, maintenance — Singaporeans answer the question: “How expensive (owning) cars in Singapore?”

SINGAPORE: A recent video wherein Singaporeans were asked to answer “How expensive are cars in Singapore?” got over 177,000 views in less than a day. One respondent’s answer included a variety of ...

Posted on 01/08/2023

Singapore business groups warn of ‘complexities’, more traffic jams if firms banned from ferrying workers on back of lorries

SINGAPORE: Any move to eliminate the transportation of workers on the backs of lorries for safety reasons involves "real, practical and operational complexities", a tot ...

Posted on 01/08/2023

Singapore stocks end flat amid mixed regional trading

Across the broader market, gainers outnumbered losers 317 to 290 after 1.3 billion securities changed hands. Read more at straitstimes.com.

Posted on 01/08/2023

Not so simple: Business groups push back on calls to ban transporting workers in lorries

More than 20 business associations on Tuesday (Aug 1) issued a joint statement calling on the Government to take "careful consideration" when looking at possible regulatory changes to transporting ...

Posted on 01/08/2023

Singapore to play host to ‘The Business Show’ 2023: A premier global gathering of business minds

Singapore is set to host the globally acclaimed 'The Business Show' Singapore 2023, a dynamic two-day event that fosters business innovation, adaptation, and networking. Featuring over 300 exhibitors ...

Posted on 01/08/2023

Global and Singapore fintech funding in 1H2023 dropped, but payments and AI remain resilient sectors: KPMG

In Singapore, 84 deals in mergers and acquisitions (M&A), private equity (PE), and venture capital (VC) accounted for the US$934 million raised, a drop from the 117 deals in 2H2022. However, the ...

Posted on 01/08/2023

Manufacturing firms optimistic about business in the remaining months of 2023

Across industries, firms in the transport engineering cluster expressed the highest optimism. Manufacturing firms in Singapore are more optimistic about their business conditions in the next six ...

Posted on 01/08/2023

Royal Caribbean cruise passenger who ‘could not swim’ goes overboard in Singapore Strait

A Royal Caribbean cruise passenger who reportedly "could not swim" fell overboard into the Singapore Strait Monday as the vessel was headed to Singapore.

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