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Category: BUSINESS

Posted on 27/10/2022

Credit Suisse to cut 9,000 jobs, some in Singapore, after posting $5.7b Q3 loss

The bank intends to raise capital worth 4 billion Swiss francs through the issuance of new shares to qualified investors. Read more at straitstimes.com. ( read original story ...)

Posted on 27/10/2022

Below-trend growth for Singapore economy in 2023 amid deteriorating global outlook: MAS

Inflation-growth dynamics of the global economy have turned less favourable in the past few months, says the macroeconomic review. ( read original story ...)

Posted on 27/10/2022

Singapore Economy Likely to Grow at Below-Trend Pace in 2023, MAS Says

Singapore's economic growth in 2023 is likely to be at a below-trend pace amid weaker external demand, the Monetary Authority ... ( read original story ...)

Posted on 27/10/2022

At 305m high, super penthouse on 8 Shenton Way will be the tallest residence in Singapore

It is set to dethrone Wallich Residence in the 283.7m Guoco Tower as the highest here. Read more at straitstimes.com. ( read original story ...)

Posted on 27/10/2022

Singapore Mulls Tighter Restrictions on Crypto Trading

The Monetary Authority of Singapore says that trading cryptocurrencies is “highly risky and not suitable for the general public.” ... ( read original story ...)

Posted on 27/10/2022

Singapore says crypto ban not feasible, proposes risk mitigation measures

Monetary Authority of Singapore the Singaporean central bank has published papers proposing regulatory measures to reduce the risk of consumer harm from tradin ... ( read original story ...)

Posted on 26/10/2022

Hong Kong-based professional services firms ramp up in Singapore as they eye lucrative Southeast Asian market

Professional services companies are expanding their presence in Singapore as they seek to gain a bigger share of the growing Southeast Asian market, with some eyeing the medical tourism sector. Hong ... ( read original story ...)

Posted on 26/10/2022

Singapore seeks to boost regional electricity imports by 2035

Singapore will import more electricity from the region and is on track to reach its import targets of up to 4 gigawatts (GW) of electricity by 2035, a minister said on Wednesday. ( read original story ...)

Posted on 26/10/2022

Low-carbon hydrogen to fuel Singapore’s energy needs

Delivering the Singapore Energy Lecture at the start of the Singapore International Energy Week, Deputy Prime Minister Lawrence Wong said that low-carbon hydrogen is being seen as an increasingly ... ( read original story ...)

Posted on 26/10/2022

Flush with cash, Singapore Airlines to spend $2.7 billion redeeming convertible bond

Singapore Airlines planes sit on the tarmac at Changi Airport in Singapore November 16, 2021. REUTERS/Caroline Chia/Files ... ( read original story ...)

Posted on 26/10/2022

New deal paves way for clean energy exports to Singapore

Cambodia and Singapore are slated to set up a joint technical working group “soon” to look into the work and procedures involved in a proposed transmission line that will carry clean energy by ... ( read original story ...)

Posted on 25/10/2022

Low-carbon hydrogen could supply Singapore’s energy needs by 2050

Low-carbon hydrogen is regarded as an increasingly promising solution to fight climate change and boost energy security. Read more at straitstimes.com. ( read original story ...)

Posted on 25/10/2022

Taiwan celeb shares ‘unpleasant experience’ at Singapore airport over GST payment for bag

SINGAPORE: The Singapore Customs on Tuesday (Oct 25) said it assesses "the specifics of each case", in response to a Taiwanese celebrity's claims that he was stopped at Changi Airport and asked to pay ... ( read original story ...)

Posted on 25/10/2022

CAP questions safety of eggs following Singapore import ban

KUALA LUMPUR: The Consumers Association of Penang (CAP) has questioned the safety of eggs following the import ban by Singapore on Teo Seng Capital Bhd recently. Its president, Mohideen Abdul Kader, ... ( read original story ...)

Posted on 25/10/2022

Singapore Inflation Remains Stable As Expected

Singapore's consumer price inflation held steady in September to remain at its highest level in more than fourteen years, data ... ( read original story ...)

Posted on 25/10/2022

Singapore’s fourth egg farm to begin operations in 2024

SINGAPORE: Singapore's fourth egg farm will begin operations in 2024 as part of an integrated production facility. Local operator ISE Foods Holdings (IFH) announced this on Tuesday (Oct 25) after ... ( read original story ...)

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