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Category: BUSINESS

Posted on 03/08/2022

Food importer and its director fined $30,000 each for importing 6 tonnes of prawns illegally

SINGAPORE - A food importer and its sole director were each fined $30,000 after the firmimported about 6 tonnesof cooked prawns without a valid permit. Read more at straitstimes.com. ( read original story ...)

Posted on 03/08/2022

“How Are we Going to Survive?” – SMU President Calls For Cultivated Meat as Singapore’s Supply Chain Disruptions Continue

SMU president calls for cell-cultured meat and dairy solutions as supply chain disruptions in Singapore continue. ( read original story ...)

Posted on 02/08/2022

Malaysia chicken breeders in the dark about whether exports will resume but cheer signs of market recovery

Following remarks in parliament that there is now an oversupply of chicken, breeders are optimistic that exports to countries like Singapore will be reinstated soon. ( read original story ...)

Posted on 02/08/2022

Ex-Sri Lankan president not getting privileges in Singapore, minister says

Singapore's foreign minister said on Monday former Sri Lankan President Gotabaya Rajapaksa was not being accorded any privileges or immunity in Singapore. Rajapaksa landed in Singapore on July 14, a ... ( read original story ...)

Posted on 02/08/2022

RECKITT REDOUBLES COMMITMENT TO ENDING INFANT FORMULA SHORTAGE BY SCALING UP AIR FREIGHT IMPORTS

Reckitt's Mead Johnson increases August delivery, significantly larger than July Operation Fly Formula shipmentPARSIPPANY, N.J., Aug. 1, 2022 ... ( read original story ...)

Posted on 02/08/2022

Singapore among 20 cities targeted to reduce and repurpose food waste

Food supply chain shocks and spiralling prices have left about 828 million people worldwide going hungry this year, a report calling for urgent action has found. Read more at straitstimes.com. ( read original story ...)

Posted on 02/08/2022

Singapore is the street-food capital of the world, drawing tourists and locals alike. A war and the pandemic are putting it at risk.

"I know some of my customers will grumble about it, but I may have to shut down my business if I don't raise prices," Lie Kam Fatt told Insider. ( read original story ...)

Posted on 01/08/2022

Daily round-up, Aug 1: 60 per cent of Singapore residents have had COVID-19; vaccination boosters for children; Malaysia lifts chicken export ban

Let's get you caught up on the day's top stories. 60% of Singapore residents have caught COVID-19, but this doesn't mean we have herd immunity: Ong Ye Kung On record, th ... ( read original story ...)

Posted on 01/08/2022

Singapore grants Vauld parent three-month creditor protection

The Singapore High Court granted the parent of troubled crypto lender Vauld a three-month protection from creditors, giving the company breathing room as it seeks to sell itself to rival Nexo. Nov. 7 ... ( read original story ...)

Posted on 01/08/2022

60% of Singapore residents have caught COVID-19, but this doesn’t mean there is herd immunity: Ong Ye Kung

Many scientists around the world do not think herd immunity is achievable because the coronavirus will continue to mutate, escape the protection of vaccines and infect people, Mr Ong said. ( read original story ...)

Posted on 01/08/2022

How high do business sectors expect their revenue to jump in Q3?

One sector expects its operating receipts to increase by 55%. Most business sectors in Singapore believe their operations and revenue will be better in July, August, and September, data from the ... ( read original story ...)

Posted on 01/08/2022

Celebrating Singapore’s birthday: Shopee connects local sellers with more customers

The e-commerce platform’s 8.8 National Day Sale and Support Local National Day Giveaway help Singapore businesses thrive online while offering customers more value. ( read original story ...)

Posted on 01/08/2022

Importing low-carbon energy could push electricity prices up: EMA | Video

With Singapore aiming to import about a third of its low-carbon energy, the Energy Market Authority warns that additional costs from this move could actually push the price of electricity higher. ( read original story ...)

Posted on 31/07/2022

World’s ‘Brandy King’ Andrew Tan on his childhood dream, how to build a global business & listing Emperador Inc. in Singapore

International media and Singapore-based The Straits Times have described self-made real estate and liquor billionaire Dr. Andrew Tan’s Emperador Inc. as “the world’s largest brandy maker” and the ... ( read original story ...)

Posted on 30/07/2022

At least 93 victims lost RM181 million to business e-mail compromise scams from Jan to March 2022, says Singapore police

In the first three months of 2022, around 93 victims lost at least S$56.2 million (RM181 million) to business e-mail compromise (BEC) scams, said the police on Friday (July 29). ( read original story ...)

Posted on 30/07/2022

Asia Minute: Singapore takes a new approach to solve a chicken shortage

Consumers around the world have faced shortages of various products over the last two years. For several reasons, this summer in Singapore, there’s been a shortage of chicken. And that’s led to some ... ( read original story ...)

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