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Category: BUSINESS

Posted on 31/07/2025

Asia steps up US WTI oil imports as Middle East prices rise, sources say

Asia is expected to step up imports of U.S. West Texas Intermediate crude in the fourth quarter after Middle East oil prices strengthened and opened the arbitrage window, trade sources said.

Posted on 31/07/2025

Giants Protocol: Advancing real-world asset tokenization with AI-driven infrastructure, invested by Singapore’s Sovereign Wealth Fund since day one

Giant Protocol builds AI-powered investment infrastructure with real-world asset tokenization, backed by Singapore’s Sovereign Wealth Fund.

Posted on 30/07/2025

BYD the top-selling car brand in first half of 2025; parallel-import registrations continue to slide

Toyota is in second place, with a 14.4% market share. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 30/07/2025

Singapore keeps monetary policy unchanged as trade tensions ease

Singapore's central bank kept its monetary settings unchanged on Wednesday, dashing some expectations for a loosening of policy, after second quarter economic growth surprised to the upside and global ...

Posted on 30/07/2025

Singapore full-year growth to come in firmer than expected on H1 front-loading: MAS

SINGAPORE] Full-year growth for 2025 may be firmer than previously forecast, with the economy’s output likely to be close to potential, the Monetary Authority of Singapore (MAS) said on Wednesday (Jul ...

Posted on 30/07/2025

Singapore economy expected to slow in 2nd half of 2025; retail, F&B likely to feel impact: MAS

The effect of global headwinds could spill over into domestic oriented sectors such as retail and food and beverage, which have experienced sluggish or negative growth in the first six months of the ...

Posted on 30/07/2025

Singapore’s employment growth speeds up in Q2, but sectoral softening to continue

SINGAPORE] Employment growth sped up in the second quarter of 2025, driven by both resident and non-resident employment, with the Ministry of Manpower (MOM) describing the labour market as resilient.

Posted on 30/07/2025

No clarity yet on baseline or pharmaceutical tariffs with US: DPM Gan

The US government did not negotiate its tariffs on Singapore and did not want to commit on whether the 10 per cent baseline tax could rise or fall in the future, said Deputy Prime Minister Gan Kim ...

Posted on 30/07/2025

Unclear if US will keep Singapore tariff rate at 10%; no pharma talks on latest trip: Gan Kim Yong

SINGAPORE] There is “significant uncertainty” over whether the US may lower – or even raise – the baseline tariff of 10 per cent for Singapore, said Deputy Prime Minister and Minister for Trade and ...

Posted on 30/07/2025

Unclear if US will keep Singapore tariff rate at 10%; no talks on pharma, semicon exports during his trip: Gan Kim Yong

SINGAPORE] There is “significant uncertainty” over whether the US may lower – or even raise – the baseline tariff of 10 per cent for Singapore, said Deputy Prime Minister and Minister for Trade and ...

Posted on 30/07/2025

Singapore Tourism Board signs pact with IndiGo to boost tourism and travel

Singapore Tourism Board partners with IndiGo to boost Indian tourism, offering extensive air connectivity and tailored business class services.

Posted on 29/07/2025

Singapore ranks among world’s top five cities for tax efficiency, wealth preservation, and future readiness

In the newly released Wealth Report 2025: The Taxed Generation by global mobility platform Multipolitan, Singapore is the only city worldwide to secure a top-five position across all three of the firm ...

Posted on 29/07/2025

US ‘non-committal’ on whether level of tariffs with Singapore will stay at 10 per cent: DPM Gan

Deputy Prime Minister Gan Kim Yong was speaking in his first public engagement after returning from a trip to the US to meet with the Trump administration and business leaders.

Posted on 29/07/2025

Singapore ‘boring’ but ‘stable’ and ‘predictable’, says PM Wong

While PM Wong stands firm that “staying open” is “an essential lifeline” for Singapore, he notes that “house rules” must be set and Singapore “must always be a home” for Singaporeans.

Posted on 29/07/2025

Singapore needs to ‘think harder’ on ways to integrate AI into work: PM Wong

Prime Minister Lawrence Wong also said Singapore wants to be part of a global network of cosmopolitan cities that stand out in a fragmented world.

Posted on 29/07/2025

Singapore Airlines Sees Sharp Profit Drop As Air India Woes Hit Bottom Line

Singapore Airlines holds a 25.1% stake in Air India, which has been facing financial and operational troubles. The decline in profit was due to losses from associated firms and lower interest income.

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