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Category: BUSINESS

Posted on 22/03/2023

Singapore stocks extend gains on Wednesday, with STI up 1.5%

All 30 STI constituents registered gains; Mapletree Pan Asia Commercial Trust is the biggest winner among the blue chips. Read more at straitstimes.com.

Posted on 22/03/2023

Crypto Firms Turn To Swiss Banks After Silvergate Capital, Signature Bank Collapse

noting that the bank's location in Switzerland and Singapore is attractive to companies. Castley further revealed that interests are "mainly coming from investors, asset managers and blockchain ...

Posted on 22/03/2023

From Singapore to Seoul, Asia’s rising art capitals vie for Hong Kong’s crown

Singapore has advantages for galleries and collectors alike. The country's low taxes may not be as favorable as those in Hong Kong, which enjoys tariff-free imports on art, but it is still relatively ...

Posted on 22/03/2023

‘Isn’t it a rare and precious experience?’ South Korean show’s hosts cross Singapore-Malaysia land borders for 1st time

What most Singaporeans consider a tedious process was surprisingly met with fascination by the hosts of a South Korean travel show.On an episode of Battle Trip Season 2 posted on KBS World TV's ...

Posted on 22/03/2023

‘Inundated with requests’: Digital currency firms look to Swiss banks after crypto-friendly lenders fail

Crypto firms are scrambling to find institutions to bank with after the collapse of Signature Bank and Silvergate Capital.

Posted on 22/03/2023

First Mover Asia: Crypto VC Funding Was Resilient in the Bear Market; It’s Now Powering Through This Mini-Bull Cycle

A Crypto Rank team of analysts wrote that “despite the inherent volatility of the cryptocurrency market, venture capitalists…continue to pour significant investments into the industry.” ...

Posted on 22/03/2023

Singapore’s Keppel Energy facilitates renewable power imports from Cambodia, Laos, Indonesia

Keppel Energy has been authorized by the Energy Market Authority of Singapore to import 1 GW of renewable power from Cambodia. The wholly-owned subsidiary of Keppel Corporation had just signed a ...

Posted on 22/03/2023

Traveling to Asia for work? This city is its most expensive business destination

A business trip now costs an average of $520 a day in Hong Kong, and Singapore follows closely behind at $515.

Posted on 22/03/2023

New markets, expanding overseas key for most Singapore SMEs

SINGAPORE: Over 60% of small and medium enterprises (SMEs) in Singapore say their key business priorities in 2023 are to explore new markets and to expand overseas, a survey has found. This is ...

Posted on 22/03/2023

Crypto.com app lists Shiba Inu rival Floki Inu, here’s what to expect from FLOKI price

Crypto.com users can buy Floki Inu with USD, GBP, EUR and 20 other fiat currencies on the exchange’s mobile application. The new development boosts the Shiba Inu and Dogecoin rival’s reach by 80 ...

Posted on 22/03/2023

EMA gives conditional nod to project importing 1GW of clean energy from Cambodia to Singapore

Image: Sembcorp Industries. The Energy Market Authority (EMA) has granted conditional approval for the transfer of 1GW of clean energy from Cambodia to Singapore as part of the latter’s ongoing energy ...

Posted on 22/03/2023

Zaqy Mohamad on Singapore’s COVID-19 response

Singapore can be heartened by how its people had shown resilience, adaptability and unity throughout the pandemic, said Senior Minister of State for Defence and Manpower Zaqy Mohamad. He said ...

Posted on 21/03/2023

Singapore strengthens drug laws by amending definitions of what’s illegal

SINGAPORE - Any substance that is abused for a high will be ... by criminalising the trafficking, manufacture, import, export, possession and consumption of such substances. The amendments also ...

Posted on 21/03/2023

Singapore: NODX moderated the decline in February – UOB

Senior Economist at UOB Group Alvin Liew reviews the latest performance of the non-oil domestic exports (NODX) in Singapore. “Singapore’s non-oil domestic exports (NODX) continued to fall, albeit less ...

Posted on 21/03/2023

Singapore stocks rebound on Tuesday as banking fears fade; STI up 1.1%

SINGAPORE – The Straits Times Index (STI ... Kospi Composite Index and the FTSE Bursa Malaysia KLCI up between 0.3 per cent and 1.4 per cent. THE BUSINESS TIMES Join ST's Telegram channel and get the ...

Posted on 21/03/2023

Member LogChain to offer 24-month customs license to BritCham members, supporting the import and export of goods in Singapore

Following on from the recent tripartite agreement between members LogChain, Hurricane Commerce and TMX Global, focused on cross-border trade and digitalising supply chain and logistics, LogChain have ...

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