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Category: BUSINESS

Posted on 03/02/2025

Singapore factory activity cools in January, amid region-wide slowdown

SINGAPORE’S overall factory activity dipped marginally in January, mirroring a regional slowdown for the manufacturing sector. Read more at The Business Times.

Posted on 03/02/2025

2 arrested for drug, GST-related offences after seizure of duty-unpaid cigarettes at Petir Road

The man and woman were arrested on Jan 23 at Petir Road following a Singapore Customs operation. Read more at straitstimes.com.

Posted on 03/02/2025

Monochrome Brings First Aussie Bitcoin, Ethereum ETFs to Singapore Market

Singapore is opening its doors to Australian crypto ETFs as institutions eye a regulated entry into a turbulent crypto market.

Posted on 03/02/2025

Ether, memecoins plunge as traders shed risk after Trump tariffs

Ether, the second-largest digital asset by market value, fell as much as 26.53% to US$2,135 on Monday morning, the token’s largest intra-day decline in percentage terms since May 2021.

Posted on 03/02/2025

2 suspects arrested for evading more than S$450,000 in duty and GST

Singapore Customs conducted an operation at Petir Road on Jan 23, seizing 4,228 cartons of contraband cigarettes and two vans.

Posted on 03/02/2025

Woman who stole $5.6m worth of crypto gets 6 weeks’ jail for disobeying civil court order

The six-week jail term arose out of a High Court civil case that the company, ByBit Fintech, filed against Ho to recover the stolen cryptocurrency. From June 2022, Ho used the stolen monies to live a ...

Posted on 03/02/2025

Bitcoin slides below $100,000 as tariffs rattle markets

Cryptocurrency prices slid as the spectre of a global trade war put investors on edge and pushed them out of risky assets.

Posted on 03/02/2025

Singapore in rough spot if Trump’s tariffs escalate into trade war: analysts

SINGAPORE may have to brace itself for serious economic fallouts and double down on trade pacts if the US’ sweeping new tariffs – on imports from China, Canada and Mexico – pave the way for a major ...

Posted on 03/02/2025

Nvidia expected to abide by US curbs, S’pore laws, says MTI in reply to queries on DeepSeek’s chips

S'pore has come under the spotlight in a US probe into whether the AI firm circumvented curbs. Read more at straitstimes.com.

Posted on 03/02/2025

Singapore Budget 2025: Game-changing reforms set to transform workforce, cut costs, and propel sustainability into the future

Innovation and research and development (R&D) are integral to Singapore’s reputation as a global innovation hub. In 2025, the government is expected to further fuel this momentum with increased ...

Posted on 02/02/2025

Singapore-based office S-Reits report stronger operational performance

ACCORDING to data from JLL, leasing activities in quality office developments in Singapore improved in the fourth quarter of 2024. Rental and capital values are expected to stay stable in the first ...

Posted on 01/02/2025

Singapore says U.S. firms should comply with export controls following DeepSeek chip questions

Questions have been raised over the provenance of the semiconductors used to build DeepSeek's AI model, given U.S. export restrictions.

Posted on 01/02/2025

Singapore to Keep Working Closely With US Amid DeepSeek Concerns

Singapore said its customs and law enforcement departments will continue to work closely with US counterparts amid concerns China AI firm DeepSeek obtained Nvidia Corp. chips through intermediaries on ...

Posted on 01/02/2025

Nvidia expected to abide by US export curbs and Singapore laws, says ministry

SINGAPORE: Singapore expects Nvidia to comply with United States export controls and Singapore’s laws, the Ministry of Trade and Industry (MTI) has said in response to queries about Chinese start-up ...

Posted on 01/02/2025

US probe into S’pore shows frustration over inadequacy of chip curbs on China

Since 2022, the US has progressively expanded the types of chips that cannot be sold to China and the geographical scope of the trade restrictions to cover more countries, in an attempt to slow down ...

Posted on 31/01/2025

US looking into whether DeepSeek bought Nvidia chips from Singapore companies: report

THE US is looking into whether Chinese artificial intelligence (AI) company DeepSeek got around US export restrictions by buying Nvidia chips through companies in Singapore, Bloomberg reported on ...

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