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Category: BUSINESS

Posted on 22/02/2023

UPDATE 1-Singapore’s Wilmar annual profit jumps on oilseeds, grains segment strength

Singapore-listed agribusiness Wilmar International Ltd reported a 27% rise in its full-year net profit on Tuesday, underpinned by its oilseeds and grains business and overall robust performances ...

Posted on 21/02/2023

Singapore’s office sector still a landlord’s market

The office rental index surged by 11.7% in 2022. The office rental index increased by 5.1% q-o-q in Q4 2022, following the 2.1% q-o-q growth in Q3 2022, according to a Knight Frank report. Overall, ...

Posted on 21/02/2023

India expands national payment network to Singapore: What’s in it for crypto?

The digital rupee pilot project has logged 770,000 transactions involving eight banks. Five cities are already participating in the experiment, with nine more cities possibly joining the trial soon.

Posted on 21/02/2023

2 arrested, 1,600 cartons of duty-unpaid cigarettes seized by Singapore Customs

The total duty evaded was over $216,000, while the goods and services tax evaded was more than $18,600. Read more at straitstimes.com.

Posted on 21/02/2023

Singapore Budget 2023 Summary: 5 Highlights You Must Know

Keen to read up on the Singapore Budget 2023? Our summary highlights how the government intends to lead Singapore's economy in a post-pandemic environment.

Posted on 21/02/2023

Fifth generation needs to make use of their privilege to help others: Singapore construction firm

The Yong family, which is behind one of Singapore's largest construction firms ... Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, ...

Posted on 21/02/2023

Singapore urges China to restore flights, connections to pre-Covid-19 levels

BEIJING (The Straits Times/Asia News Network): Now that both Singapore and China have emerged from the shadows of Covid-19, priorities are to quickly restore life, business and exchanges to what they ...

Posted on 21/02/2023

Genting Singapore second-half profit more than doubles to $255.7m as travel rebounds

Gaming revenue more than doubled to $753.7 million for the operator of Resorts World Sentosa. Read more at straitstimes.com.

Posted on 21/02/2023

Next generation must never take eyes off the bottom line, says Singapore construction firm

Kim Yong, chairman of Woh Hup, one of the oldest and largest construction companies in Singapore, says its next generation ... time snapshot *Data is delayed at least 15 minutes. Global Business and ...

Posted on 21/02/2023

Singapore’s FM Vivian Balakrishnan meets Chinese leaders, both countries reaffirm strong ties

"They agreed on the importance of doubling down on efforts to promote post-pandemic recovery, including through the full resumption of air connectivity and the increase of business and people flows ...

Posted on 21/02/2023

Bumpy road ahead as exports disappoint

The mixed trade data for Jan 2023 has signalled a bumpy road ahead for exporters and the Malaysian economy in general.

Posted on 20/02/2023

Winklevoss twin says US crypto could be left behind by Asia when the next bull run explodes

The service offered customers returns of up to 21% if they agreed to lock in their crypto for use on the blockchain. The SEC's newly tough approach contrasts with that of watchdogs in Asian places ...

Posted on 20/02/2023

Singapore Buy Now Pay Later Market Report 2023: BNPL Payments are Expected to Grow by 20.6% to Reach $1,270.4 Million in 2023 – Forecast to 2028

The "Singapore Buy Now Pay Later Business and Investment Opportunities Databook - 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics - Q1 2023 ...

Posted on 20/02/2023

Singapore stocks track Wall Street losses; STI down 0.6%

SINGAPORE - Local shares bucked regional trends on Monday (Feb 20), as expectations of further rate hikes by the US Federal Reserve weighed on investor sentiment. Read more at straitstimes.com.

Posted on 19/02/2023

Singapore’s Changi Airport shops busier as travellers return; retail sales hit RM3.65bil in 2022

More than nine in 10 stores at Changi Airport’s four terminals are now open for business as the airport gears up for more passengers to pass through and shop at its premises.

Posted on 19/02/2023

From pig farmers’ son to owning $1m Bentley: Gold trader in Singapore charged with cheating

On March 6, 2013, more than 180 people at Hong Lim Park signed a petition to be submitted to the Prime Minister's Office.They were investors in a gold trading company called The Gold Guarantee (TGG), ...

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