Singapore’s government will support technology startups by doing business with them rather than having them rely on grants as the city-state pushes ahead with a plan to become a high-tech hub, a top minister said. The government wants to fuel private ... ( read original story ...)
Singapore may renegotiate EU trade deal after Brexit removes British markets
Singapore has raised the prospect of renegotiating terms on a long-awaited free trade deal with the European Union (EU) due to the impact of Brexit, a Square Mile official has revealed. Sherry Madera, the City of London Corporation's special adviser for ... ( read original story ...)
Singapore geared up to keep its spot as major port
Work is well under way to secure Singapore's future as a key port of call - most prominently ... range of large-scale infrastructure projects that will vie for transhipment business in the region. Malaysia, for instance, wants to build a giant port on ... ( read original story ...)
Singapore exports up 8.5% in July in third straight month of growth
SINGAPORE: Non-oil domestic exports (NODX) in Singapore rose by 8.5 per cent year-on-year in July, the third consecutive month of growth, according to statistics released by trade agency International Enterprise (IE) Singapore on Thursday (Aug 17). ( read original story ...)
Man jailed 17 months for smuggling duty-unpaid cigarettes to Singapore
More than 1,400 packets of duty-unpaid cigarettes hidden in a delivery truck were uncovered by Singapore Customs officers last week, with the 706 cartons hidden beneath banana leaves. A 21-year-old Indonesian man, Suryadi Memet, has been sentenced to ... ( read original story ...)
Indonesian man jailed 17 months for dealing with contraband cigarettes
said Singapore Customs in a media release. Suryadi Memet, 21, was arrested at Geylang Serai Market earlier this month, while he was waiting to collect the contraband goods from a truck that officers had trailed to the market. This happened on Aug 5 at ... ( read original story ...)
Man jailed 17 months for dealing with duty-unpaid cigarettes
More than 700 cartons of cigarettes were seized in an operation by the Singapore Customs two weeks ago, where the man was arrested. In addition to the unpaid duty, the cigarettes also evaded Goods and Services Tax (GST) amounting to $6,230. On Aug 5 ... ( read original story ...)
Singapore beckons with top business and leisure attractions
It requires strategic vision and a deft balancing act for any city to combine the roles of regional financial hub, leader in tech innovation and respected centre of higher education. But that is a feat Singapore continues to perform, while also showing the ... ( read original story ...)
The best business class on Perth-Singapore flights
Receive 100,000 Membership Rewards Bonus Points when you apply online by 2 October 2017. Receive a $400 Travel Credit each year to use towards any eligible flights, hotels, experiences or car hire. T&Cs. Minimum spend applies. Click here now. Perth enjoys ... ( read original story ...)
Singapore’s Ezion suspends shares, seeks restructuring
SINGAPORE - Singapore-based oil services company Ezion Holdings ... challenges to its cashflows that "will threaten the fundamental viability of the group's business if these challenges persist." It had total debt of about $1.4 billion as of end June. ( read original story ...)
Digital transformation drives Singapore businesses in 2017
Just last August, UOB launched BizSmart in Singapore, an integration of five cloud-based digital apps that helps SMEs cut costs by up to 60%. For instance, Xero provides direct account feeds to business owners to view operating account transactions ... ( read original story ...)
Singapore port authority hosts workshop
SINGAPORE: The OECS Region is Ideally Positioned for the Development of the Maritime Industry. The capacity of OECS port authorities to minimize trade transaction costs and spur economic growth has been strengthened following a five-day regional training ... ( read original story ...)
Home-grown pride: A look at 8 of Singapore’s oldest businesses
SINGAPORE (THE BUSINESS TIMES) - Even though Singapore has just celebrated its 52nd birthday, many of its home-grown companies have been in existence for much longer, with several being twice as old as its home country. Many of these firms have survived ... ( read original story ...)
Singapore’s exports growth slows to 2.7% in Q2
SINGAPORE: Non-oil domestic exports (NODX) grew 2.7 per cent year-on-year in the second quarter of the year, slowing from the 15.3 per cent expansion in the previous quarter, the International Enterprise (IE) Singapore said on Friday (Aug 11). The growth ... ( read original story ...)
Sustainable Singapore Movement: Less talk, more action needed
From left: NUS' Professor Leo Tan, World Green Building Council's Tai Lee Siang, Ministry of the Environment and Water Resources' Amy Khor, WWF Singapore's Elaine Tan, and Eco-Business' Jessica Cheam. Image: Ministry of the Environment and Water Resources ... ( read original story ...)
Singapore economy expects 2.5% growth
SINGAPORE: Singapore’s economy is expected to be a shade rosier this year, with growth of about 2.5%, higher than last year’s 2% expansion, Prime Minister Lee Hsien Loong said on Tuesday, in his National Day message. Still, he cautioned that urgent ... ( read original story ...)