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Category: BUSINESS

Posted on 03/08/2020

StanChart gets to double footprint in Singapore as first significantly rooted foreign bank; MAS enhances scheme

SINGAPORE - The Monetary Authority of Singapore (MAS) on Monday (Aug 3) named Standard Chartered Bank (Singapore) the first Significantly Rooted Foreign Bank (SRFB) here, allowing it to operate up to ... ( read original story ...)

Posted on 03/08/2020

Coronavirus: Many small-medium enterprises in Singapore still struggling to survive

While some owners have begun frantically diversifying business offerings to find new sources of revenue, others have taken on odd jobs.. Read more at straitstimes.com. ( read original story ...)

Posted on 03/08/2020

China Wealth Manager Hywin Plans Foray Into Singapore

Hywin Wealth Management Co. is weighing an expansion into Singapore to follow its Chinese clients and tap the surge of wealthy individuals in Southeast Asia. ( read original story ...)

Posted on 02/08/2020

Singapore’s Koi first in line for LJ Hooker recapitalisation

Singaporean fund manager Koi Structured Credit is the favourite to take the keys to Australian real estate group LJ Hooker after securing the support of administrator KPMG. ( read original story ...)

Posted on 31/07/2020

Garden city: why Singapore has gone bananas for home farming

According to the Agri-Food and Veterinary Authority of Singapore (AVA), Singapore currently imports more than 90 percent of her food supply. In 2016, less than one percent of land in the island state ... ( read original story ...)

Posted on 31/07/2020

Singapore Exchange CEO: Asia’s strength lies in mutual growth and support

Hong Kong and Singapore are important and major financial hubs in Asia, and every link needs to be strong for the region to "prosper," says Singapore Exchange CEO Loh Boon Chye. ( read original story ...)

Posted on 31/07/2020

Market Report: Hong Kong’s Loss Could be Singapore’s Gain, Say Locals

As protests and legal changes continue to dog Hong Kong, Singapore is attempting to gain a bigger slice of the Asian legal business market. ( read original story ...)

Posted on 31/07/2020

Singapore Names 2020 Book Award Finalists, Adds Digital Categories

Those who know Singapore understand that the culture has an unusually engaged book business for a population of 5.6 million people, close to the size of Denmark and the city of Atlanta. At times, some ... ( read original story ...)

Posted on 30/07/2020

Singapore fuel oil inventories steady, exports to Saudi hit fresh record

Singapore's residual fuel oil inventories were steady in the week to July 29 despite a jump in net import volumes, official data showed on Thursday. Onshore fuel oil stocks rose 87,000 barrels, or ... ( read original story ...)

Posted on 30/07/2020

Singapore-based Volopay wants to be the “Brex of Southeast Asia”

Small- to medium-sized companies that do a lot of international business have to deal with two big headaches: high foreign exchange fees and corporate expense tracking. Volopay, a Singapore-based ... ( read original story ...)

Posted on 30/07/2020

UPDATE 1-Australia fast-tracks ambitious $16 bln solar power export project

Australia decided this week to fast track approvals for a A$22 billion ($16 billion) project to supply solar power to Singapore via the world's longest subsea high voltage cable, a move to boost ... ( read original story ...)

Posted on 30/07/2020

Singapore’s business sentiments for next 6 months remain subdued: survey

Singapore's Economic Development Board (EDB) and Department of Statistics (DOS) on Thursday released survey reports about business expectations showing pessimistic views for the remaining year. The ... ( read original story ...)

Posted on 30/07/2020

Diginex launches new Singapore cryptoexchange ahead of Nasdaq listing

Nasdaq-hopeful Diginex launched a new cryptocurrency exchange focused on derivative products in Singapore on Thursday, where it has applied for a licence. ( read original story ...)

Posted on 29/07/2020

Singapore ramps up volume of exports to Azerbaijan

Over the reporting period, the share of Singapore in the total volume of Azerbaijan's import grew from 0.23 percent to 0.34 percent of the total volume. In total, foreign trade operations between ... ( read original story ...)

Posted on 29/07/2020

The Johor-Singapore Causeway opens for business, slowly

Up for discussion this week: The world’s busiest land border crossing flickers back to life as Singapore and Malaysia agree on terms for ... Up for discussion this week: The world’s busiest land ... ( read original story ...)

Posted on 29/07/2020

$10k fine for woman who failed to alert the authorities about company’s business with N. Korea

SINGAPORE - A Singapore-based company unlawfully supplied luxury items worth more than $6 million to North Korea, and its shipping manager failed to alert the authorities about these transactions.. ( read original story ...)

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