The unit business cost – that is, the business cost of producing a unit of output – has risen for the manufacturing and services sectors in Singapore, though businesses have remained profitable. This ... ( read original story ...)
A guide to Singapore’s new ONE Pass: Eligibility, safeguards, and purpose
To avoid potential abuse of the work pass, the Manpower Ministry will implement safeguards in two levels: vetting all applications, and engaging with pass holders to assess their eligibility for pass ... ( read original story ...)
S’pore business sentiment moderates further for Q4
SINGAPORE - Local business sentiment continued to decline for the third consecutive quarter as the outlook for the services and wholesale sectors deteriorated slightly in the fourth quarter of 2022. ( read original story ...)
Gazprom Singapore pays ‘meagre’ penalty for defaulted LNG deliveries to India
Gazprom Marketing and Trading Singapore (GMTS), under a long-term 20-year contract, was to supply 2.5 million tonne of LNG to state-owned GAIL (India) Ltd. this year ... ( read original story ...)
Singapore’s New Work Visa For Skilled Workers Will Be Monitored: Minister
Singapore will put in place safeguards to ensure that a new work pass for top talent recruitment from around the world is not abused, Manpower Minister Tan See Leng assured Parliament on Monday. ( read original story ...)
Singapore hoping special work visa will draw global ‘rainmakers’
The regional financial hub announced new rules two weeks ago to draw expatriates earning at least $21,452 a month, offering them 5-year visas that would automatically allow their spouses to work also ... ( read original story ...)
Singapore to ensure new work pass for talent recruitment is not abused: Manpower Minister Tan See Leng
The new work pass will allow high-earners and high-achievers to live in Singapore without having to secure a job first. ( read original story ...)
41-year-old woman, caught for illegally importing food, gets 4 weeks’ jail for threatening SFA officer with false molest accusations
SINGAPORE - A woman was on Monday (Sept 12) sentenced to four weeks' jail for threatening a public servant with false molest accusations, and fined $5,000 for illegally importing food products and ... ( read original story ...)
Woman, 41, fined and sentenced to 4 weeks’ jail for illegally importing food, accusing SFA officer of molest
SINGAPORE — After she was caught illegally importing salted duck eggs and meat products, a 41-year-old woman threatened to accuse a government officer of molest if he did not comply with her demands. ( read original story ...)
Stocks of Singapore’s banking trio are doing well with rise in interest rates, says SGX strategist
Geoff Howie of the Singapore Exchange says DBS, UOB and OCBC are making up 40% of the index. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ... ( read original story ...)
Get a taste of home-cooked African food in Singapore
Sometime last year, the word “fufu” entered my vocabulary when British actor Idris Elba appeared in a video inviting people to bid on a date night with him for charity. “We can order whatever your ... ( read original story ...)
Tech equipment reseller in SG narrowly avoids losing more than S$100,000 in business email scam
A tech equipment reseller company came close to losing more than S$100,000 (RM321,584) worth of laptops to a scam. ( read original story ...)
F&B businesses changing business models amid rising costs | Video
More F&B firms are pivoting to delivery or takeaway concepts, as cost pressures continue to bite. However, the Restaurant Association of Singapore says the dominant business model will not change, as ... ( read original story ...)
Masks are off, business is back, but Friday nights no longer the same for some F&B outlets in Singapore’s CBD
The masks are off and the crowds are back, but for some food-and-beverage (F&B) players in the Central Business District (CBD), the return to normalcy ... ( read original story ...)
Irish beef and lamb to hit shelves in Singapore as Ireland looks to become strong food trade partner
Ducks sourced from Ireland are widely available at many restaurants across Singapore, but the next product from the island nation to find its way on supermarket shelves and dining tables here could be ... ( read original story ...)
Indonesia can save $98 billion on fuel import bill in 2050 if it sticks to net-zero pledges
SINGAPORE - Indonesia can significantly lower the costs of fuel imports if it sticks to its net-zero pledges that include a comprehensive clean energy transition plan, noted an International Energy ... ( read original story ...)