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Category: BUSINESS

Posted on 13/02/2023

Live news: Singapore GDP grows less than expected as global slowdown bites

Singapore has been raising interest rates as it battles inflation ... Barclays, which reports on Wednesday, is a bit of a different story. Its UK business should benefit from rate rises, but it is ...

Posted on 13/02/2023

Singapore’s imports and exports grew last year, 2023 trade growth expected to moderate

Top NODX to Singapore’s top markets grew in 2022, except for China, Hong Kong and Thailand. The biggest contributors to the NODX increase were the US, European Union countries and Malaysia. Oil ...

Posted on 13/02/2023

Singapore keeps forecast for 2023 trade and export growth at ‘-2 to 0%’

Trade with most major partners will slow except China and Japan Singapore’s trade and non-oil domestic export (Nodx) for 2023 is seen to slow, following a strong recovery from the pandemic recorded in ...

Posted on 13/02/2023

Singapore plans to upgrade electricity grid amid rising energy demand, increasing use of renewables

With plans to increase the amount of low-carbon electricity imports to 4 gigawatts by 2035 and produce at least 2 gigawatts of solar power by 2030 – from more than 300 megawatt-peak as at the end of ...

Posted on 13/02/2023

Long Weekend | 36 Hours in Singapore: The Lion City that keeps reinventing

If there’s one thing I’ve learnt about Singapore, she’s like a rockstar or a champion sportsperson who never stops reinventing. I’ve lost track of the number of times I’ve visited the Lion City. From ...

Posted on 12/02/2023

Crypto tax rate comparison of different countries

Capital gains of cryptocurrency are not currently taxed. In Singapore, cryptocurrency transactions are subject to tax similar to other forms of income. Trading Crypto, mining Crypto and buying goods ...

Posted on 12/02/2023

A year after the ‘Crypto Bowl,’ crypto ads are gone from the big game

The dramatic turnaround hearkens back to 2000, when dot-com companies such as Pets.com ran Super Bowl ads, only to go out of business within a year or two.

Posted on 12/02/2023

Malaysia still important source of chicken, says Singapore minister

Republic's trade and industry minister Gan Kim Yong says, however, other countries will continue to supply live chickens, including Indonesia.

Posted on 11/02/2023

Commentary: A ‘single clearance’ customs at Causeway? Stop talking and get it done

In other words, travellers will only need to clear customs once - either in Singapore or Malaysia. Under Mr Fazli’s proposal, Singapore’s immigration officers will be stationed in Johor to clear ...

Posted on 11/02/2023

Year after ‘Crypto Bowl,’ crypto ads vanish from big game

Some marketing experts dubbed it the “Crypto Bowl.”A year later, the industry has been humbled by a massive downturn in crypto prices, as well as the bankruptcy of several well-known companies. The ...

Posted on 11/02/2023

Sarawak agrees to export energy to Singapore in return for investment, says Abang Jo

Sarawak will export the maximum ceiling of 1,000 megawatt of energy to Singapore in return for investment, Premier Tan Sri Abang Johari Openg said tonight. He said he was in Singapore with Prime ...

Posted on 11/02/2023

Premier: Sarawak agrees to export energy to Singapore in return for investment

Sarawak will export the maximum ceiling of 1,000 megawatt of energy to Singapore in return for investment, Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said tonight. He said he was in Singapo ...

Posted on 10/02/2023

FTX claimants bite into new crypto venture by founders of failed Three Arrows Capital

The new platform, deemed highly risky and ridiculed on social media, is set up by 3AC co-founders Kyle Davies and Zhu Su, both of whom are Singapore citizens. They have joined co-founders of ...

Posted on 10/02/2023

Prime Minister attends Vietnam – Singapore business forum

Vietnam encourages partners and investors to engage in digital transformation, green transition, circular economy, innovation, and hi-tech and low-emission development in the country. Prime Minister ...

Posted on 10/02/2023

Vietnam in talks with Sembcorp to build power line linking to Singapore

Sembcorp Utilities and a unit of Vietnam’s state oil firm PetroVietnam on Friday also reached an agreement to develop offshore wind projects to export electricity to Singapore, the government said in ...

Posted on 10/02/2023

The 12 best restaurants for business lunch in Singapore right now

From barbecue to regional Chinese to a members club with a view, these are the places to eat well while talking deals.

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