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Category: BUSINESS

Posted on 08/09/2023

Singapore to start importing eggs from Türkiye

This brings the number of countries and regions accredited to export chicken eggs to Singapore to 19, says the Singapore Food Agency.

Posted on 08/09/2023

Singapore asks banks to probe ties with money laundering suspects

SINGAPORE’S central bank has directed financial institutions to review any relationships with individuals tied to a money laundering scandal involving over S$1.8 billion of assets. Read more at The ...

Posted on 08/09/2023

Norway’s US$1.4 trillion wealth fund shutters Shanghai office as Singapore takes over as its Asia hub

NORWAY’S US$1.4 trillion sovereign wealth fund has started winding down its office in Shanghai as Singapore takes over as its hub in Asia. Read more at The Business Times.

Posted on 07/09/2023

30 companies, 6 business leaders honoured at 18th Singapore Corporate Awards

TOP companies received accolades at the Singapore Corporate Awards (SCA) 2023 on Thursday (Sep 7) for their work in corporate governance and sustaining shareholder returns. Read more at The Business ...

Posted on 07/09/2023

Trudeau in Singapore promoting trade, business: ‘Canada is a hot spot for us’

Trudeau held four meetings on Thursday with business leaders in the region and is expected to meet with Singapore Prime Minister Lee Hsien Loong on Friday.

Posted on 07/09/2023

Singapore could be affected by increasing rice prices

In a report, Lavanya Venkateswaran, Senior ASEAN Economist at OCBC, said the price increases in rice will also have implications on Indonesia, Malaysia, Philippines and Thailand, with the Philippines ...

Posted on 07/09/2023

WSJ removes ‘erroneous republication’ of outdated article, which claimed S’pore banned import of Japanese food products

The Wall Street Journal (WSJ) has removed an article and podcast titled "More Countries Ban Import of Japanese Food" from its website, claiming that it was wrongly republished.

Posted on 07/09/2023

Aussie billionaire revives bid to sell solar power to Singapore

Sun Cable will apply later this month to Singapore’s Energy Market Authority for an energy import conditional licence. Read more at straitstimes.com.

Posted on 07/09/2023

Singapore Is Most Crypto-Friendly Destination, Report Says

Singapore is the world's most crypto-friendly place with flexible tax laws, high levels of adoption and offers of citizenship to foreigners.

Posted on 06/09/2023

Singapore tax collection up 13.1% to S$68.6 billion in FY2023, reflects post-Covid recovery

SINGAPORE’S tax revenue for financial year 2023 rose 13. ... Senior Employment Credit and Small Business Recovery Grant. Iras also noted that it rolled out several initiatives in the past year to make ...

Posted on 06/09/2023

CDL sees opportunities for more overseas expansion as it marks 60 years in business

SINGAPORE - Property giant City Developments Limited (CDL ... student accommodation and workers dormitories, to grow its core business of developing residential and mixed-use developments as well as ...

Posted on 06/09/2023

Singapore’s limited textile recycling sector drives more interest to resell, export unwanted clothes

The country does not have enough infrastructure or facilities to support a large-scale recycling industry, some companies said.

Posted on 06/09/2023

Singapore emerges as top crypto hub; Switzerland, UAE follow suit

India does not find mention in Henley & Partners’s crypto index because of regulatory uncertainty as crypto is not currently recognised as legal tender here ...

Posted on 06/09/2023

Singapore’s tax revenue up 13.1% following economic recovery after end of COVID-19 pandemic

SINGAPORE: A total of S$68.6 billion (US$50.3 billion) in tax revenue was collected for the 2022/23 financial year in Singapore, a 13.1 per cent increase from the previous year.

Posted on 06/09/2023

6 women in Singapore lose over $100k after falling for investment scam by same ‘Hong Kong man’

Lily (not her real name) thought that she had met someone special — a man from Hong Kong who chatted her up on WhatsApp. But the woman, along with five others from Singapore aged 30 to 60, lost over ...

Posted on 06/09/2023

India importing Russian oil is a ‘win-win’ for the world economy, says India’s No. 1 oil company

India's imports of Russian crude is a win-win for the global economy, said Oil and Natural Gas Corporation Ltd (ONGC), India's No. 1 oil company.

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