All Cold Storage and Giant supermarket outlets in Singapore will be sold to Malaysian retail group, Macrovalue, in an acquisition deal worth $125 million. The Singapore-listed DFI Retail Group, which ...
Singapore to double down on trade, international cooperation, amid maritime sector headwinds: SM Lee
SINGAPORE] Rather than turn away from trade and partnerships, Singapore must double down and stay open by supporting international cooperation, strengthening itself as a regional and global hub, and ...
Confidence among small businesses in Singapore rises
Business sentiment among small businesses in Singapore reached a five-year high in 2024, with a positive outlook expected to continue into 2025. Cybersecurity health improved. Sharp decline in ...
China’s fuel oil imports rise as traders rush deliveries amid tax policy changes
China's fuel oil imports rose 6.8% in the first two months of 2025 from the same period last year, data showed on Thursday, as traders rushed to deliver the shipments booked ahead of an increase in ...
Singapore businesses struggle to reskill workforce amid AI transformation
SINGAPORE: Singapore businesses are facing a pressing challenge—not a lack of talent, but the ability to reskill employees quickly enough to keep pace with ev ...
Rain check: Monsoon soaks Singapore, disrupts travel, business and leisure
A relentless monsoon surge has drenched Singapore since Wednesday, bringing widespread disruptions to businesses, outdoor activities, and travel. According to The Straits Times (ST), the heavy ...
State of independence: How Singapore grew into a global maritime powerhouse
Singapore will mark 60 years of independence on 9 August, a journey that has transformed it from a colonial trading port into a global economic powerhouse. This evolution is also mirrored in the ...
Two men fined more than S$1mil each for skirting duties on 15,820 bottles of alcohol
SINGAPORE: Two men schemed to avoid the payment of duties on alcohol meant for export by removing some bottles from shipping containers and replacing them with cheaper beer.
Singapore oil trader jailed for facilitating commercial fuel export to North Korea
The oil broker, Justin Low Eng Yeow, later agreed to help procure gasoil, a type of commercial fuel, for another client in a deal that Kwek Kee Seng, the ship agent, had brokered. Both Low, 56, and ...
Three-quarters of senior execs in Singapore flag worries about financial crime risks in 2025: Report
Cyber-security threats and the use of AI will fuel the next wave of financial crime, said survey. Read more at straitstimes.com.
Singapore demands urgent action from businesses on climate transition, driven by politics, economics, and nature
SINGAPORE: As the world faces increasingly severe climate disruptions and the inevitability of stringent carbon regulations, businesses are being urged to proac ...
Three quarters of senior executives in Singapore flag worries about financial crime risks in 2025: Report
Cybersecurity threats and the use of AI will fuel the next wave of financial crime. Read more at straitstimes.com.
China’s Jan, Feb fuel oil imports slump as taxes, costs slow demand
China's fuel oil imports rose 6.8% in the first two months of 2025 from the same period last year, data showed on Thursday, as traders rushed to deliver the shipments booked ahead of an increase in ...
‘Serious flight risk’: David Yong from Netflix’s Super Rich In Korea fails in third bid to leave Singapore
David Yong applied for a third time to leave the country on business matters after his lawyers submitted evidence on the whereabouts of his Cambodian passport.
3 brands & 20+ outlets: How Singapore’s Yoga Movement plans to build a global fitness empire
They didn’t have any “extravagant biz plan,” but now, Yoga Movement’s founders run 3 brands and over 20 outlets in Singapore.
Singapore’s capital market research scene trapped in ‘chicken-and-egg’ situation: DBS’ Han Kwee Juan
SINGAPORE] Capital markets in Singapore might be sluggish due partly to a lack of research capabilities – but market activity itself is needed to support such research, said Han Kwee Juan, group ...