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Category: BUSINESS

Posted on 04/03/2023

Changes to Global Investor Programme will help attract ‘high-quality’ investors to Singapore, experts say

The tweaks to the programme are also intended to ensure that investments are directed to support local businesses and create jobs, observers told CNA.

Posted on 03/03/2023

Bitcoin sinks to 2-week low as Silvergate fallout hurts crypto

The crypto industry is absorbing the fallout of the troubles at crypto-friendly US bank Silvergate Capital. Read more at straitstimes.com.

Posted on 03/03/2023

Binance unit plans bid for Singapore crypto license

Binance's custody unit Ceffu said on Thursday it is planning to apply for a permit to offer payment services in Singapore, as the crypto exchange makes another attempt to function in the ...

Posted on 03/03/2023

Binance revives Singapore crypto permit bid a year after quitting the trading market

Binance is reapplying for a license to offer cryptocurrency services in Singapore, switching from serving retail to corporate clients, a year after quitting the trading market. Nikkei Asia in a story ...

Posted on 03/03/2023

Bitcoin Slides With Wider Crypto Markets Amid Silvergate Fallout

Bitcoin dropped to the lowest level in about two weeks, part of a wider retreat in crypto markets as investors digested the unraveling of a key payments network.

Posted on 03/03/2023

Singapore posts worst export drop in a decade

Singapore’s non-oil domestic exports plunged 25% year on year in January - the largest drop in the last decade, according to data of the Singaporean government.

Posted on 03/03/2023

Singapore: Retail sales unexpectedly contract in January

A downside surprise in January retail sales highlights a challenging year ahead for Singapore Retail sales posted a surprise contraction in January, a significant downside surprise as the market ...

Posted on 03/03/2023

Singapore non-oil exports miss forecasts, slipping 25% in January

SINGAPORE – Singapore’s key exports slumped for the fourth straight month in January, according to data from Enterprise Singapore (EnterpriseSG) on Friday, on rapidly cooling demand from some ...

Posted on 03/03/2023

Singapore Manufacturing Activity Improved in February

Singapore's manufacturing activity improved in February, snapping five straight months of contraction, according to the ...

Posted on 03/03/2023

Singapore’s Non-Oil Domestic Exports Fall for Fourth Straight Month

SINGAPORE--Singapore's non-oil domestic exports fell in January for a fourth consecutive month, with shipments of both electronics and non-electronics declining in most of its top 10 markets.

Posted on 03/03/2023

Singapore: Non-oil domestic exports slide in January year on year, but tick up in monthly terms

Non-oil domestic exports (NODX) plummeted 25.0% on an annual basis in January, following December’s 20.6% plunge. January’s figure marked the worst contraction since February 2013, and was driven by ...

Posted on 03/03/2023

Partners of Singapore shoe recycling project apologise for ‘lapse’ leading to export of footwear for sale

SINGAPORE: The partners of a Singapore shoe ... "The project partners do not condone any unauthorised removal or export of shoes collected through this programme," they said, adding that further ...

Posted on 03/03/2023

Hidden AirTags crucial in Singapore recycling failure investigation

AirTags have been used to investigate whether a program by the Singapore government and chemical producer Dow really recycled sneakers, but instead found most were exported to another country.

Posted on 03/03/2023

ASMI does not foresee any problems with tightened export restrictions

For the time being, ASMI does not foresee any problems when export restrictions to China are tightened. That's what CEO Benjamin Loh of the Dutch supplier ...

Posted on 03/03/2023

RPT-Kuwait’s Al Zour to ramp up oil products exports from record levels in Jan

Kuwait is set to ramp up refined oil product exports from its new Al Zour refinery in the second half of 2023 to plug Russian shortfalls in Europe and meet growing demand in Asia and Africa, industry ...

Posted on 03/03/2023

Singapore makes it costlier for foreign businessmen to attain Permanent Residency under GIP

Read more about Singapore makes it costlier for foreign businessmen to attain Permanent Residency under GIP on Devdiscourse ...

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