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Category: BUSINESS

Posted on 04/07/2023

91 more Singapore-based companies allegedly sending supplies to Myanmar military

While investigations are ongoing, Singapore has no intention of blocking "legitimate trade" with Myanmar, says Foreign Affairs Minister Vivian Balakrishnan.

Posted on 03/07/2023

Singapore’s DBS faces succession dilemma: who can replace ‘all-star’ banker Piyush Gupta?

Piyush Gupta has built DBS into Singapore’s largest listed company, and Southeast Asia’s largest bank by assets. That very success is creating an elephant in the room.

Posted on 03/07/2023

Indonesian LNG makes up less than 1% of Singapore’s natural gas imports: MTI

LIQUEFIED natural gas (LNG) from Indonesia made up less than 1 per cent of Singapore’s annual natural gas imports on average between 2020 and 2022, Minister for Trade and Industry Gan Kim Yong said in ...

Posted on 03/07/2023

Singapore Regulator Bans Crypto Exchanges from Lending, Staking for Retail Investors

Singapore is enforcing new crypto consumer protection measures as the city-state continues applying regulation to its burgeoning crypto industry, according to a report by Bloomberg. Chief among the ...

Posted on 03/07/2023

Singapore to have new measures to ringfence customers’ crypto assets: MAS

Digital asset firms licensed in Singapore not only have to segregate customers’ assets from their own, but hold them in a trust, the regulator said, following a public consultation on proposed rules ...

Posted on 02/07/2023

Singapore home to more than half of Asia’s family offices: Report

Some 9 per cent of the world’s family offices are located in Asia, of which 59 per cent are in Singapore, said the report. Read more at straitstimes.com.

Posted on 30/06/2023

Singapore electricity tariffs to increase by 1.2% from July to September 2023

SINGAPORE — Consumers are set to pay more for electricity bills for the period of 1 July to 30 September 2023 as electricity tariffs are set to increase by an average of 1.2 per cent, or 0.31 cent per ...

Posted on 30/06/2023

Higher electricity bills from July to September as Singapore increases tariff by 1.2%

Consumers in Singapore will pay more for electricity in the July-September quarter, with the tariff increasing by an average of 1.2 per cent from the previous quarter.

Posted on 30/06/2023

Cost Guide to Starting Your Own Business in Singapore

Entrepreneurship in Singapore can be costly and complex. Here’s a guide on how to be an entrepreneur and how much is required to start ...

Posted on 30/06/2023

Singapore exports rocket, trade deficit turns surplus

Cambodian goods exports to Singapore reached $343.413 million in the first five months of 2023, up 508.3 per cent year-on-year from $56.451 million and up 1,313 per cent half-on-half from $24.31 ...

Posted on 30/06/2023

Singapore accountancy body launches S$1m programme for local, foreign students to attract talent

UNDERGRADUATES from Singapore and beyond can get a glimpse of the Republic’s accounting sector under a new S$1 million programme by the Institute of Singapore Chartered Accountants (Isca). Read more ...

Posted on 30/06/2023

Healthcare, sustainability among key markets as more Singapore firms invest in Sichuan

Singapore was the southwestern Chinese province’s largest foreign investor last year, with about S$5.7 billion invested across some 730 projects.

Posted on 30/06/2023

Johor quarantine services foil another bid to smuggle rice from Singapore at Second Link

The Malaysian Quarantine and Inspection Service Department (Maqis) foiled an attempt to smuggle in 10 tonnes of rice worth RM50,000 from ...

Posted on 30/06/2023

Say goodbye to Q2 and the crypto hacks, scams and rug pulls that came with it

According to a new report, only $4.9M was recovered of the $204.3M the crypto industry lost to hacks, scams and rug pulls in Q2.

Posted on 30/06/2023

S’pore exports rocket, trade deficit turns surplus

Cambodian goods exports to Singapore reached $343.413 million in the first five months of 2023, up 508.3 per cent year-on-year from $56.451 million and up 1,313 per cent half-on-half from $24.31 ...

Posted on 29/06/2023

Attempt to smuggle 10 tonnes of rice into Singapore foiled

An attempt to smuggled 10 tonnes of rice via the Sultan Abu Bakar Komplex (KSAB) Customs, Immigration and Quarantine (CIQ) has been foiled by the Malaysian Quarantine and Inspection Services ...

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