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Category: BUSINESS

Posted on 03/02/2023

Singapore Manufacturing Activity Contracted for Fifth Straight Month in January

Singapore's manufacturing activity improved slightly in January but remained in contraction, mainly owing to slower contraction ...

Posted on 03/02/2023

GIC-Backed Chainalysis Cuts Jobs in Latest Crypto Layoffs

Chainalysis Inc., a company that specializes in tracking crypto transactions and the entities behind them, said it’s made layoffs affecting less than 5% of staff.

Posted on 02/02/2023

BUCE to first offer goods from Singapore company for sale

This refers to the sale of high-tech industrial equipment at the import substitution site of the Belarusian Universal Commodity Exchange ...

Posted on 02/02/2023

Singapore PMI inches up in January but remains in contraction for 5th straight month

SINGAPORE’S overall factory activity improved modestly in January but remained in contraction territory for the fifth straight month, lagging behind regional peers. Read more at The Business Times.

Posted on 02/02/2023

S’pore Will Import 100MW Electricity From M’sia, Can Power 144,000 4-Room HDB Flats

YTB PowerSeraya and TNB Genco will team up to import 100MW electricity from Malaysia to Singapore, in a first.

Posted on 02/02/2023

TNB Genco, YTL PowerSeraya imports 100MW electricity to Singapore

The imported electricity will be supplied to Singapore commercially for the first time. TNB Power Generation Sdn Bhd, a subsidiary of Tenaga Nasional Berhad, and YTL PowerSeraya Pte. Limited have ...

Posted on 02/02/2023

‘I’m so exhausted’: Tenants face hard choices as rents surge in Singapore

Singapore's buoyant rental market shows no signs of slowing down, with rents rising further in the last quarter of 2022.

Posted on 02/02/2023

Chainalysis to cut jobs in latest crypto layoffs

Chainalysis, a company that specialises in tracking crypto transactions and the entities behind them, said it has made layoffs affecting less than 5 per cent of staff. The company, whose backers ...

Posted on 02/02/2023

New career conversion programme to re-skill 280 PMETs for Singapore’s furniture industry

A NEW scheme aims to re-skill up to 280 mid-career professionals, managers, executives and technicians (PMETs) for jobs in Singapore’s furniture industry, with salary support provided to employers.

Posted on 02/02/2023

Bitcoin jumps to highest since August in post-Fed crypto rally

BITCOIN hit the highest since August as investors interpreted Federal Reserve chair Jerome Powell’s comments about progress on inflation as a sign that a less harsh monetary policy backdrop lies ahead ...

Posted on 02/02/2023

Crypto Red Packets: A New Spin On A Thousand Year-Old Lunar New Year Custom

A new generation is celebrating Lunar New Year with crypto red packets Elastos is holding a competition and giving away Lunar New Year r ...

Posted on 02/02/2023

$28k in fines for two food importers over illegal import and sale of seafood and vegetables

One firm sold oysters from Canada before SFA was able to inspect, examine and certify the items. Read more at straitstimes.com.

Posted on 01/02/2023

ABB’s electric-vehicle charging business gets new investors including Singapore’s GIC

ABB’s electric-vehicle charging business has raised additional funds from minority investors including Porsche and General Atlantic in a second and final round before listing the division. Read more ...

Posted on 01/02/2023

Retail pop-up in New York to break into US market among efforts by Enterprise Singapore

A group of homegrown lifestyle brands are well on the way to cracking the tough United States market after a four-month retail pop-up staged in New York last year by Enterprise Singapore (EnterpriseSG ...

Posted on 01/02/2023

Firms to add S$17.8bn of value, 23,800 skilled jobs with Enterprise Singapore in 2022

SINGAPORE - Some 18,100 Singapore-owned enterprises worked with Enterprise Singapore (EnterpriseSG) to deepen their capabilities in productivity, innovation, and internationalisation in 2022. Read ...

Posted on 01/02/2023

Services sector’s business outlook dims for Q123

Sixteen (16%) per cent of firms foresee deteriorating business conditions. Firms in the services industry have become less positive about their business conditions in the first quarter of the year.

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