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Category: BUSINESS

Posted on 09/01/2023

Why isn’t Singapore imposing Covid-19 tests for travellers from China?

SINGAPORE - China resumed outbound leisure travel from Sunday (Jan 8), and removed quarantine requirements for returning travellers.In reaction, some countries are conducting polymerase chain reaction ...

Posted on 09/01/2023

Ministerial statement: Ong Ye Kung on Singapore’s response to the current global COVID-19 situation

The Government is “acutely aware” of public concerns surrounding potential COVID-19 risks posed by China’s reopening on 8 January, said Health Minister Ong Ye Kung. In a ministerial statement to ...

Posted on 09/01/2023

Singapore’s Covid-19 measures have kept cases from China low; changes to travel volume to be ‘carefully’ calibrated

SINGAPORE’S Covid-19 measures have already kept imported infections and severe cases from China low despite the latter’s current wave, said Health Minister Ong Ye Kung in Parliament on Monday (Jan 9), ...

Posted on 09/01/2023

Crypto exchange Huobi to lay off 20pc of staff

SINGAPORE: Crypto exchange Huobi plans to lay off about 20% of its staff, the company told Reuters on Friday. “The planned layoff ratio is about 20%, but it is not implemented now. With the current ...

Posted on 09/01/2023

Hong Kong’s reopening is likely to push GDP growth above Singapore’s

AFTER a near-certain contraction last year for the third time since 2019, Hong Kong’s economy is coming back stronger this year and may even grow faster than rival financial hub Singapore for the ...

Posted on 08/01/2023

Singapore looks to ‘GST discounts’, cash handouts to ease pain of sales tax hike that’s set ‘to bite’

Economists warn middle-income earners are likely to be hit hardest by the increase, even with Finance Minister Lawrence Wong’s promise of a ‘Valentine’s Day’ present for citizens in this year’s budget ...

Posted on 08/01/2023

Singapore Takes Big Measures to Protect Crypto Holders

Singapore is imposing new digital currency rules that will require it to have 1.25:1 in collateral against risk assets like crypto.

Posted on 08/01/2023

Govt to import 1 lakh tonnes of rice from India, Singapore

The Cabinet Committee on Public Purchase today approved proposals for importing one lakh tonnes of rice through open tenders..The proposals include import of 50,000 tonnes of non-boiled rice worth Tk ...

Posted on 07/01/2023

Business missions, leisure travel between Singapore and China poised to take off as curbs ease

In anticipation of travel restrictions relaxing, connectivity between the two countries has gradually been re-established. Read more at straitstimes.com.

Posted on 07/01/2023

Food caterers in Singapore adopt new ways to help meet festive season demand

Orders have risen 20 per cent through Christmas and Chinese New Year, compared to the same period before the COVID-19 pandemic.

Posted on 07/01/2023

Singapore exports fall again in Nov; 14.6% drop is more than expected

SINGAPORE’S non-oil domestic exports (NODX) contracted by 14.6 per cent on the year in November from a high year-ago base, going by Enterprise Singapore (EnterpriseSG) data on Friday (Dec 16). This ...

Posted on 07/01/2023

Exclusive: China Energy places order to import Australian coal

China Energy Investment Corp has placed an order to import Australian coal, three sources familiar with the matter said on Friday, in one of the first deals since Beijing eased an unofficial ban ...

Posted on 07/01/2023

More becoming property agents in Singapore as booming market beckons

SINGAPORE - Mr Zach Lin decided to become a full-time property agent after he got laid off from his tech sales job last November, as he felt it was the right time to tap his knowledge in real estate ...

Posted on 07/01/2023

Rising interest rates and returns for Singapore Savings Bonds: Should you start investing in it?

With the increased attention towards personal assets, people are looking to strengthen their portfolios by investing in low-risk bonds. Learn more about Singapore Savings Bond (SSB), a bond with a ...

Posted on 07/01/2023

Hiring plans in Singapore dip for first quarter

Hiring intentions in Singapore slightly declined for the first quarter of 2023, according to a new report, but many employers are still planning to increase headcounts and hike salaries to attract ...

Posted on 06/01/2023

Singapore: High Street seems to be losing momentum – UOB

Alvin Liew, Economist at UOB Group, comments on the November’s contraction of Retail Sales. Key Takeaways “After two months of sequential increases, Singapore’s retail sales ...

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