Category: BUSINESS

Indian firms pumped in USD 2.06 billion in Singapore in December ... USD 1.19 billion were through issuance of guarantee by Indian companies in their overseas business holdings. While USD 481.76 million came in the form of loan, USD 812.91 million of ... ( read original story ...)

Rental company Avis, which does about five times more business during this period, said all its 300 short-term rental vehicles have been booked for the festive season. Those still planning to rent a car to ferry their families around during the festive ... ( read original story ...)

while consolidating loss-making and unprofitable outlets within Singapore. This thus reinforces the appeal of malls with a central marketing team.” An owner at one of the newly-launched strata-titled malls said she ended up running a food business ... ( read original story ...)

"We're hearing from candidates and employers on the ground that Singapore is becoming a less attractive place to do business because of the quota system", said Holliday. Meanwhile, the new quota system is not the only challenge Singapore's employment ... ( read original story ...)

Time for some serious luxury: Business Class on Singapore Airlines A380. So how good is it? Watch this review to find out. This flight review video is Episode 3 of my series The 4 Classes of Singapore Airlines. Check them all out by clicking on my channel ... ( read original story ...)

Singapore house prices are approaching their trough. A report from Bloomberg said Cushman & Wakefield Inc. expects the slide in the city-state’s home prices to end this year as foreign investors turned off by Hong Kong’s move to increase the stamp duty ... ( read original story ...)

Firms are advised to use the new framework starting January 2018. The Monetary Authority of Singapore (MAS) announced today that registered business trusts will adopt a new Singapore financial reporting framework that is identical to the International ... ( read original story ...)

SINGAPORE: A company director was fined S$1.4 million on Friday (Jan 20) for importing 118,000 bottles of soju, a rice-based liquor popular in South Korea, without paying duty and taxes on them, Singapore customs authorities said. Singaporean David So ... ( read original story ...)

SINGAPORE - A company director of So Fei International Trading Pte Ltd was sentenced to 18 months' jail and a fine of $1.4 million for importing duty-unpaid soju. According to a statement on Friday (Jan 20) by Singapore Customs, 48-year-old David So ... ( read original story ...)

SINGAPORE: Singapore may benefit from Hong Kong’s recent increase in stamp duty for overseas property buyers. According to Cushman & Wakefield, Singapore’s three-year slump in house prices could end this year as foreign investors in Hong Kong are ... ( read original story ...)

Weak business sentiment lowers spending on display ads. The growth in Singapore Press Holdings' earnings is largely dependent on its media business, which is highly affected by the city-state's economic prosperity of Singapore. According to UOB KayHian ... ( read original story ...)

Singapore boasts an agreeable business establishment and operation environment and promotes access to the burgeoning ASEAN region while featuring significant international linkages. Owing to its relationship with China, Hong Kong presents valuable ... ( read original story ...)

Singapore's exchange rate-centred monetary policy was implemented ... lowering corporate tax rates and other steps to reduce the cost of doing business. In severe downturns, expansionary fiscal policy has been used (such as in 2009). ( read original story ...)

Jens Sturzenegger, a former branch manager at Falcon Private Bank in Singapore, became the first foreigner convicted in the city's probes linked to a Malaysian state investment fund. Sturzenegger, 42, pleaded guilty to six charges, including failing to ... ( read original story ...)

SINGAPORE: Singapore's exports in December jumped for a second month thanks to solid shipments to China in a tentative sign of recovery for the external sector, but analysts were cautious about the outlook amid protectionist concerns stoked by incoming U.S ... ( read original story ...)

SINGAPORE: Exports in Singapore rose further last month, extending a rebound from November, according to figures released by International Enterprise (IE) Singapore on Tuesday (Jan 17). Non-oil domestic exports (NODX) expanded 9.4 per cent in December ... ( read original story ...)