HSBC said on Monday it had agreed to acquire Axa’s insurance assets in Singapore for $575 million as it scales up its insurance business. “The proposed acquisition, which is subject to regulatory ... ( read original story ...)
Business Insight: What do I need to know about establishing a non-profit in Singapore?
Produced by SilverKris for HC Consultancy* Singapore is known around the world as a business powerhouse, home to international institutions, MNCs and a thriving start-up scene. But the Little Red Dot ... ( read original story ...)
Singapore’s Olam picks London to float ingredients arm
LONDON: Olam International, the Singapore-based agricultural trading house, said on Friday (Aug 13) that it plans to list its food ingredients business on the London stock market next year. Tapping ... ( read original story ...)
2 men arrested by S’pore Customs, 673 bottles of contraband liquor, equipment seized
SINGAPORE - Two Chinese nationals were arrested by Singapore Customs, following an operation on Aug 6 that seized more than 670 bottles and 30 jerry cans of illegally produced liquor.. Read more at ... ( read original story ...)
Know These 6 Crucial Things Before You Set Up A New Business In Singapore
Starting a new business can be both exciting and nerve-wracking. There’s a lot of preparation that needs to be done so that everything goes well. Setting up a business in Singapore is no different. ( read original story ...)
Singapore’s richest tycoons ranked by Forbes see fortunes rise 25 per cent in a year as coronavirus boosts tech start-ups
The combined net worth of Singapore’s 50 richest people jumped to US$208 billion as of July 26, up from US$167 billion a year ago, the 2021 Forbes’ Singapore Rich List revealed. ( read original story ...)
Singapore to deepen investments in Nigeria, others
Singapore is looking at deepening its economic ties with Nigeria and other West African countries as its enterprises promise to increase ... ( read original story ...)
Singapore’s 50 Richest On Forbes List See Collective Wealth Rise 25%
Amid a rebounding stock market and economy, 36 tycoons on the 2021 Forbes’ Singapore Rich List saw their fortunes rise. This year the list has 42 fortunes worth US$1 billion or more. ( read original story ...)
Singapore-based World’s First Online Diamond Marketplace LUXIEE Secures Finance Facility of Up to SGD5 Million
LUXIEE, a Singapore-based start-up, has secured a round of financing of up to SGD $5 million from a family office that is locally headquartered. The funds will enable the e-commerce platform ... ( read original story ...)
Singapore’s Wealth Creation: Strong GDP Rebound Expected Amid Record-High Budget Deficit
The GDP growth of the city-state this year is forecast to surpass pre-pandemic levels, despite its government recording the largest budget deficit in the sovereign state’s history last year. ( read original story ...)
Better-than-expected Q2 GDP lifts hopes of faster Singapore growth though Delta variant threat lingers
The bulk of growth came from manufacturing, which expanded by 17.7 per cent year on year.. Read more at straitstimes.com. ( read original story ...)
Singapore clocked a massive $24 billion in real-estate sales in the first half of 2021 — twice as much as NYC
Singapore's real-estate market has remained hot in the pandemic thanks to its "safe haven" reputation and low tax rates. ( read original story ...)
Fixed asset investment commitments in Singapore rise to $3.6 billion in Q2: MTI
SINGAPORE - Fixed asset investment (FAI) commitments in Singapore rose to $3.6 billion in the April-June period, up 28.6 per cent from $2.8 billion in the first quarter, according to the Ministry of ... ( read original story ...)
Singapore ups trade forecasts again as Q2 non-oil exports surge 10.1%
Forecasts raised for 3rd time this year, on the back of strong Q2 growth in sectors such as electronics and petrochemicals.. Read more at straitstimes.com. ( read original story ...)
Singapore Q2 GDP Spikes 14.7% On Year
Singapore's gross domestic product expanded 14.7 percent on year in the second quarter of 2021, the Ministry of Trade and Industry ... ( read original story ...)
In Singapore, 40 per cent of water supply comes from recycled sewage
The city state uses a system that transforms sewage into water so clean it is fit for human consumption while reducing ocean pollution. ( read original story ...)