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Category: BUSINESS

Posted on 15/04/2023

Counsellor suggests ways to boost halal product exports to Singapore

The dynamism and experience of a producing country will be advantages for Vietnamese businesses when joining the global halal market, to which Singapore is the nearest gateway, said Vietnamese Trade ...

Posted on 15/04/2023

Singapore misses GDP expectations in Q1, economy shrinks 0.7%

Singapore’s gross domestic product declined 0.7% on a quarter-over-quarter seasonally adjusted basis in the first quarter, the Ministry of Trade and Industry said in Friday’s preliminary reading.That ...

Posted on 14/04/2023

Crypto Exchange Bitrue Drained of $23M in Hack of Ether, Shiba Inu, Other Tokens

Hackers drained $23 million from a wallet belonging to Singapore-based crypto exchange Bitrue earlier today, it said in a tweet. Bitrue did not specify how the attack took place.

Posted on 14/04/2023

Singapore’s crypto lender Amber mulls potential sale of subsidiary in Japan

Crypto lender Amber Group is weighing options for its Japan unit, including a possible sale, and plans to apply for a Hong Kong licence following the city’s pivot towards creating a digital-asset hub.

Posted on 14/04/2023

Singapore still leads the way as the world’s best place to do business

Singapore has retained its position as the world’s leading business environment for the 15th consecutive year and should remain the best place to operate for the next five years, according to a ...

Posted on 14/04/2023

Singapore’s GDP growth in Q1 lower than expected

The Singaporean economy grew only 0.1% year-on-year in the first quarter of 2023, slowing from 2.1% growth in the previous quarter, according to official estimates released by the Ministry of Trade ...

Posted on 14/04/2023

Regas ship arrives for Hong Kong’s first LNG import terminal

The world's largest floating storage and regasification unit (FSRU) has arrived in Hong Kong to serve the city's first liquefied natural gas (LNG) import terminal, said CLP Power Hong Kong Ltd and ...

Posted on 14/04/2023

Singapore’s central bank warns of dim growth in 2023, but expects inflation to be significantly lower by year end

The Singapore central bank expects that China's rebound will be largely consumption driven and oriented toward its domestic services market.

Posted on 14/04/2023

Singapore economy slows more than expected in Q1

Singapore’s economy shrank more than expected in the first quarter of 2023, marking a sluggish start to the year as a slowdown in the country’s key manufacturing sector deepened, while other facets of ...

Posted on 14/04/2023

Singapore economy grows just 0.1% in Q1, worse than expected: Flash data

The economy grew by 0.1 per cent year on year, slower than the 2.1 per cent growth recorded in the previous quarter. Read more at straitstimes.com.

Posted on 14/04/2023

Singapore economy grew 0.1% in Q1, slowing from 2.1% in previous quarter: MTI advance estimates

SINGAPORE: The Singapore economy grew 0.1 per cent year-on-year in the first quarter of 2023, slowing from 2.1 per cent growth in the previous quarter, according to official estimates released on ...

Posted on 14/04/2023

Singapore GDP Contracts 0.7% In The First Quarter Of 2023

Singapore's gross domestic product declined a seasonally adjusted 0.7 percent on quarter in the first quarter of 2023, the Ministry ...

Posted on 14/04/2023

Singapore’s Q1 GDP likely slowed, complicating central bank’s task

Singapore's economy is likely to have expanded at a slower pace in the first quarter, posing a challenge for the central bank as it seeks to balance containing persistent inflation with efforts to ...

Posted on 14/04/2023

China’s March coal imports rise to three-year high

SINGAPORE, April 13 (Reuters) - China's coal imports surged in March to their highest in three years as utilities increased purchases on expectations for a demand recovery. The world's top coal ...

Posted on 13/04/2023

US District Court issues summons to crypto mogul Justin Sun in Singapore

Cryptocurrency mogul Justin Sun was on Thursday issued a summons from the United States District Court, and has been given 21 days to respond in relation to the lawsuit filed by the Securities and ...

Posted on 13/04/2023

As Justice Is Sought for Do Kwon, South Korea’s Crypto Scene Emerges From Terra Luna’s Shadow

To this day, the state of crypto regulation in Korea is not terribly friendly. Terraform Labs was based in Singapore, not Korea, but the project played a special role in Kwon’s native country. When I ...

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