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Category: BUSINESS

Posted on 21/10/2025

Singapore tax on overseas digital services kicks in tomorrow

Singapore consumers will be charged a goods and services tax (GST) on overseas digital services from January 1, 2020, expanding the tariff beyond locally procured products. This will impact a wide ...

Posted on 21/10/2025

Singapore’s Non-Oil Exports Surge 6.9% in September, Driven by Electronics Boom

Singapores non-oil domestic exports (NODX) jumped 6.9% in September 2025 compared to the same month last year, marking a surprising rebound led by strong electronics shipments, according to data ...

Posted on 21/10/2025

CNA938 Rewind – Inside the $15B Cambodia crypto scam that pulled in Singapore firms

The US Treasury sanctioned three Singaporeans and 17 Singapore-registered entities for allegedly aiding a massive Cambodia-based crypto scam network tied to Prince Holding Group. The sanctions, ...

Posted on 20/10/2025

Singapore approves 1 GW hydropower import project from Malaysia

Singapore has conditionally approved a 1 GW hydropower import project from Malaysia’s Sarawak state, with first deliveries expected around 2035.

Posted on 20/10/2025

Singapore Greenlights New Plans to Import Malaysian Clean Power

Singapore gave conditional approval to import low-carbon electricity from a 1-gigawatt project planned in Malaysia’s Sarawak state, while also agreeing to explore a new 2-gigawatt cross-border link ...

Posted on 20/10/2025

Singapore and Thailand join global probe into Cambodian real estate tycoon accused of RM63b crypto fraud

Singapore and Thailand have launched investigations into a Cambodian real estate conglomerate following sweeping fraud and money laundering ...

Posted on 18/10/2025

Singapore ties to multi-billion dollar scam case in spotlight (update)

Chen Zhi, the chairman of Prince Holding Group, heads what US prosecutors say is one of the largest transnational criminal organisations in Asia.

Posted on 18/10/2025

Trafigura Acquires Warehousing Firm Grafton’s Singapore Business

Trafigura Group has acquired a metals warehousing firm with sizable operations in Singapore, as a mountain of surplus inventory in the Asian logistics hub opens up lucrative trading opportunities.

Posted on 18/10/2025

HMI Medical’s group CEO Chin Wei Jia named EY Entrepreneur of the Year 2025 Singapore

Chin will represent Singapore in Monaco at the annual EY World Entrepreneur Of The Year (WEOY) awards in June 2026.

Posted on 17/10/2025

Singapore shares fall, tracking retreat in regional markets; STI down 0.6%

Singapore's Straits Times Index fell 0.6% on Oct 17, mirroring declines across major regional markets despite a rebound in non-oil domestic exports. Read more at straitstimes.com. Read more at ...

Posted on 17/10/2025

Sembcorp granted conditional approval by EMA to import renewable energy from Sarawak to Singapore

The project, which is Singapore’s first large-scale 24/7 power import initiative, is likely to begin operations in 2035.

Posted on 17/10/2025

Singapore greenlights conditional approval to import 1GW of low-carbon power from Sarawak under new energy pact

Singapore has granted conditional approval for the import of 1 gigawatt (GW) of low-carbon electricity from Sarawak — a move hailed as a milestone ...

Posted on 17/10/2025

Singapore grants conditional approval to import Sarawak hydropower; companies studying new 2GW energy link with Malaysia

The deals contribute to Singapore’s plans to import 6 GW of clean power by 2035 Read more at The Business Times.

Posted on 17/10/2025

Sembcorp Secures Approval for Singapore’s First 24/7 Renewable Energy Import

Sembcorp Utilities, a subsidiary of Sembcorp Industries, along with Sarawak Energy Berhad, has received conditional approval from Singapore’s Energy Market Authority to import 1GW of renewable energy ...

Posted on 17/10/2025

Sembcorp unit wins conditional approval to import 1 GW of hydropower from Sarawak

Expected to start commercial operations around 2035, the project contributes to Singapore’s plans to import 6 GW of clean power by 2035 Read more at The Business Times.

Posted on 17/10/2025

Singapore’s key exports surge 6.9pc in surprise rebound on electronics boom

Singapore’s non-oil domestic exports rose 6.9 per cent in September from the same month a year earlier, government data showed today, led by a sharp rise ...

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