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Category: BUSINESS

Posted on 02/05/2025

Singapore court sets RM3.28m bail for suspect in Nvidia fraud case linked to Malaysia

Three men allegedly linked to the export of servers from Singapore to Malaysia that may have contained high-performance Nvidia chips are now out on bail, with one potentially facing more charges as ...

Posted on 02/05/2025

Singapore shares close higher ahead of GE2025; STI up 0.3%

Across the broader market, gainers outnumber losers 337 to 189. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/05/2025

NTUC to push for more business transformation and workforce training: Ng Chee Meng at May Day Rally

These enhanced services for workers come as the NTUC seeks to refresh its Job Security Council. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 01/05/2025

Singapore Gulf Bank launches clearing network for digital asset firms

Singapore Gulf Bank, a digital bank licensed by the Central Bank of Bahrain, launched a real-time currency clearing network designed to support digital asset ...

Posted on 01/05/2025

Singapore plugs tax, benefit loopholes with tighter foreign hiring rules

The cost of setting up shop would be lower than getting caught for operating illegally. A law that bars local job agencies from hiring non-Singaporeans for companies without an office in the ...

Posted on 30/04/2025

De-dollarization agendas could spike South Korea, Singapore and China’s currency usage: Goldman Sachs

Global central banks could be looking beyond the US dollar after US President Donald Trump slapped countries with tariffs, causing geopolitical risks and ...

Posted on 30/04/2025

US economy contracts for first time since 2022 on imports surge

The data highlight the scramble by companies to secure merchandise ahead of expansive tariffs, with net exports subtracting nearly 5 percentage points from GDP, the most on record.

Posted on 30/04/2025

Singapore SMEs grapple with costlier, scarcer financing

Local banks continued to dominate, originating 59% of loans via the platform. However, foreign banks have expanded their share significantly to 26%, up from 19% in 2023.

Posted on 30/04/2025

Singapore’s F&B sector falls into contraction after year of growth, but bright spots remain: OCBC

SINGAPORE] Singapore’s food and beverage (F&B) sector has softened in recent months amid market saturation and challenging macroeconomic conditions, but opportunities remain, industry players said.

Posted on 30/04/2025

Factbox-Parties in Singapore’s election and their platforms

Singapore holds a parliamentary election on May 3 that will be contested by 11 parties across the city state of 6 million people with 2.76 million registered to vote. Following are details of the key ...

Posted on 30/04/2025

Singapore investors buy 2.5 tonnes of gold bullion in Q1, the most since 2010

World Gold Council sees recession risks and geopolitical tensions continuing to drive gold demand for investment. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 30/04/2025

Singapore’s Wilmar posts higher first-quarter profit, flags tariff uncertainty

Company is one of the world’s largest food producers. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 30/04/2025

Singapore SMEs Hit by Record 8.47% Borrowing Costs and Shrinking Loan Access in 2024: Linkflow Capital Survey

New data shows sharp contraction in loan sizes, rising business cessations, and shifting lender dynamics as SMEs struggle with tighter financing conditions.

Posted on 30/04/2025

New types of players seek ‘diamonds in the rough’ by pursuing SME M&A deals in Singapore, Asean

Unlike traditional private equity firms, these niche players have an appetite for micro- to small buyouts and longer-term holds Read more at The Business Times.

Posted on 29/04/2025

Why Smart Money Is Still in Crypto (Even After the Chaos)

Photo from Unsplash.com After the recent market turbulence, a lot of investors are rethinking their portfolios, looking for assets that promise both growth and resilience to market fluctuations. Smart ...

Posted on 29/04/2025

Singapore stocks end lower amid mixed regional markets

Across the broader market, gainers outnumbered losers 259 to 214. Read more at straitstimes.com. Read more at straitstimes.com.

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