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Category: BUSINESS

Posted on 30/09/2025

Singapore, the UK, and Switzerland are the top destinations for the world’s superrich to send their money, HSBC says

An HSBC report finds 59% of entrepreneurs plan to move wealth abroad this year, led by Singapore, the UK, and Switzerland, as China retreats.

Posted on 30/09/2025

Singapore companies stand to gain from new global digital resource platform: Josephine Teo

The digital gateway aims to benefit policymakers from other countries and multilateral organisations Read more at The Business Times.

Posted on 29/09/2025

Singapore and UAE rise as global crypto adoption leaders

Singapore and the United Arab Emirates (UAE) have emerged as the world’s leaders in cryptocurrency adoption, with both nations showing record ownership levels, rapid growth, and strong regulatory ...

Posted on 29/09/2025

Economic Buzz: Singapore import prices continues to fall

Singapore's import prices continued to fall in August but the pace of decrease softened, the Department of Statistics showed Monday.

Posted on 29/09/2025

Singapore shares buoyed by regional sentiment and domestic policy support; STI up 0.1%

Across the broader market, gainers beat decliners 355 to 244 amid a high trading volume. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 29/09/2025

Singapore beats out the UK and Switzerland to be world’s top destination for entrepreneurial wealth: HSBC

Singapore entrepreneurs stand out for their spending, with 61% spending on luxury travel, 59% on high-end fashion and jewellery and 56% on cars.

Posted on 29/09/2025

Singapore the top global hub for entrepreneurial wealth and relocation: HSBC

The bank polled 3,000 entrepreneurs across 15 markets in its Global Entrepreneurial Wealth Report for 2025 Read more at The Business Times.

Posted on 29/09/2025

Reliance Power to Sell Several Indonesian Subsidiaries to Singapore-Based Biotruster for USD 12 Mn

Reliance Power on Monday said it will sell 100 per cent stake in several Indonesian step-down subsidiaries to Singapore-based Biotruster Pte Ltd for around USD 12 million.

Posted on 29/09/2025

U.S. Pharma Tariff a ‘Significant Concern’ to Singapore, Says Top Official

The U.S. tariff on pharmaceuticals is of "significant concern" to Singapore, said a top trade official of the city-state, which exports billions of dollars of the products to the U.S. However, a ...

Posted on 29/09/2025

Singapore green bond proceeds of S$2.8 billion allocated to Jurong Regional Line, Cross Island Line capital expenditure: MOF

The remaining S$3.6 billion of proceeds are expected to be fully allocated to the JRL and the CRL by the end of FY2026 Read more at The Business Times.

Posted on 29/09/2025

Singapore and UAE Top Global Crypto Adoption Rankings

Singapore and UAE lead global crypto adoption, with rising ownership and strong search interest highlighting a worldwide digital shift.

Posted on 28/09/2025

Singapore, UAE are the ‘most crypto-obsessed’ countries: Report

Singapore and the UAE lead the world in crypto adoption and interest, according to ApeX Protocol, with high ownership rates and surging engagement metrics.

Posted on 28/09/2025

Nailed by tariffs, caught in confusion: Singapore’s furniture firms brace for impact

One key ambiguity is whether the new tariffs are on top of existing reciprocal tariff rates, or if only the higher rate applies Read more at The Business Times.

Posted on 28/09/2025

Singapore races to shield pharma exports from US tariffs

Pharmaceutical companies in Singapore are seeking clarification on whether they would qualify for an exemption from steep tariffs imposed by the United States on their goods, Singapore’s Deputy Prime ...

Posted on 28/09/2025

“Night Of Speed” Set To Ignite Singapore: Crypto Exchange Zoomex Partners With Haas F1 Team For A Cross-Industry Celebration At TOKEN2049

When high-speed racing meets high-performance trading, a groundbreaking cross-industry celebration is set to unfold in Singapore. Zoomex Tap the Future Night will light up the evening during TOKEN2049 ...

Posted on 27/09/2025

Singapore Pharma Exports Face US$3.1 Billion Threat from New US Tariffs

Pharmaceutical companies in Singapore are urgently seeking clarification on potential exemptions from steep new United States tariffs.

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