Category: BUSINESS

Sesto, a Singapore-based industrial robotics business, announced a $5.7 million funding round this week, with TRIVE, WTI GmbH, and SEEDS Capital (Enterprise Singapore’s venture capital arm) ... ( read original story ...)

The DTDi provides a 200 percent tax deduction on qualifying market expansion and investment development expenses. This is subject to approval from Enterprise Singapore (ESG) or the Singapore Tourism ... ( read original story ...)

The Ministry of Marine Affairs and Fisheries (KKP) has ensured that state electricity firm PT PLN's agenda to provide renewable electricity to Singapore ... ( read original story ...)

SINGAPORE: Workers in Singapore who refuse to be inoculated against Covid-19 may risk losing their jobs as new restrictions on office access take effect. From today, a prior concession that allowed ... ( read original story ...)

Citigroup has agreed to sell its consumer business in four South-East Asian markets to United Overseas Bank (UOB) for about S$5 billion ($3.7 billion), bringing the US bank closer to its goal of ... ( read original story ...)

The crude palm oil (CPO) futures on Bursa Malaysia Derivatives is expected to trade lower on the new benchmark month, April 2022, next week due to export weakness, dealers said. ( read original story ...)

Asia-Pacific stocks dropped on Friday as the recent rally in U.S. stocks broke momentum with the Nasdaq snapping a three-day winning streak. ( read original story ...)

Citigroup has agreed to sell its consumer business in four Southeast Asian markets to United Overseas Bank (UOB) for about S$5 billion ($3.7 billion), bringing the U.S. bank closer to its goal of ... ( read original story ...)

Citigroup has agreed to sell its consumer business in four Southeast Asian markets to United Overseas Bank (UOB) for about S$5 billion ($3.7 billion), bringing the U.S. bank closer to its goal of ... ( read original story ...)

In the context of inflation being at its highest level in almost a decade, the Singaporean government has devised a multi-pronged strategy to minimise inflationary pressures on businesses and ... ( read original story ...)

China's annual crude oil imports slid 5.4per cent in 2021, dropping for the first time since 2001, as Beijing clamped down on the refining sector to curb excess domestic fuel production while refiners ... ( read original story ...)

Canberra has moved to ease Covid-induced labour shortages that tripped up domestic supply chains, but Asian importers are starting to feel the squeeze. ( read original story ...)

United Overseas Bank—controlled by billionaire Wee Cho Yaw—has agreed to acquire Citigroup’s consumer banking business across Indonesia, Malaysia, Thailand and Vietnam as the Singapore lender ... ( read original story ...)

Some 50 years from now, there may no longer be carparks in every building. After a person alights at his destination, his car would travel on its own to an out-of-the-way storage hub, where it can ... ( read original story ...)

Citigroup has agreed to sell its consumer business in four Southeast Asian markets to United Overseas Bank (UOB) for S$4.915 billion ($3.65 billion), bringing the U.S. bank closer to its goal of ... ( read original story ...)

Chinese oil companies are focusing on the strengthening Asian market amid weak demand at home, aiming to boost jet fuel exports above 1 million mt in January, while cutting gasoil outflows due to ... ( read original story ...)