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Category: BUSINESS

Posted on 08/08/2025

Trump tariffs kick in today. How will Singapore, South-east Asia be affected? Here’s what you need to know

SINGAPORE] A few rounds of tariff rates have been announced this year, as US President Donald Trump set initial baseline rates and countries scrambled to reach new deals. Read more at The Business ...

Posted on 08/08/2025

Crypto Weekly: ether’s moment and Hong Kong’s stablecoin fever

From why ether is a cryptocurrency of choice right now to Hong Kong's stablecoin frenzy, Ciara Lee rounds up the big crypto stories of the week.

Posted on 08/08/2025

Indian Government Clamps Down on Crypto Traders With 44,000 Tax Notices

India’s Income Tax Department has issued over 44,000 notices to crypto traders for failing to report digital asset income. Authorities uncovered $75 million in unreported ...

Posted on 07/08/2025

Singapore Airlines shifts import cargo handling from dnata to Swissport at AMS

Earlier this week, The STAT Trade Times had reported the serious operational challenges at dnata’s new $70-million, fully automated, 61,000 m² cargo facility at the Amsterdam Schiphol Airport.

Posted on 07/08/2025

Singapore’s largest banks deliver a mixed report card on profits amid looming rate cuts and U.S. tariffs threats

DBS's quarterly profit grew by 1% yet the bank acknowledged "external uncertainties." Profit at fellow banks UOB and OCBC fell.

Posted on 07/08/2025

Singapore’s bank DBS second-quarter net profit rises 1%, beats forecast

DBS Group , Singapore's biggest bank, on Thursday posted a 1% rise in net profit in the second quarter from a year earlier on the back of higher total income.

Posted on 07/08/2025

As Singapore’s cinemas fade to black, is this the end of the road?

SINGAPORE] The exit of indie player The Projector from Cineleisure, coming on top of Cathay Cineplexes’ recent rental woes, has heightened fears that the local cinema industry is at a crossroads. Read ...

Posted on 06/08/2025

Foresight Ventures Named “Crypto VC of the Year” at the FinanceFeeds Awards 2025

Foresight Ventures, a global investment firm focused on digital assets and Web3 infrastructure, has been awarded “Crypto VC of the Year 2025” by the ...

Posted on 06/08/2025

Father-son duo in dock over RM595m GST fraud in Singapore

S INGAPORE — A father and son have been charged in Singapore over their alleged roles in a massive Goods and Services Tax (GST) “missing trader fraud” scheme involving about S$181 million (RM595 ...

Posted on 06/08/2025

CFTC seeks to allow spot crypto trading on registered exchanges

The U.S. Commodity Futures Trading Commission (CFTC) said on Monday it would launch an initiative to allow for trading of spot crypto asset contracts listed on a futures exchange registered with the ...

Posted on 06/08/2025

SG60: How Singapore’s SMEs are shaping a sustainable future for Asean

THE Singapore story is one of pragmatism, adaptability and entrepreneurial spirit, and nowhere is this better reflected than among the small and medium-sized enterprises (SMEs) that constitute more ...

Posted on 06/08/2025

Small public companies snap up ether in new crypto gold rush, even as risks linger

Some companies are favoring ether over bitcoin as an inflation hedge as the cryptocurrency hits a sweet spot between affordability and credibility.

Posted on 05/08/2025

‘Time is now’ for US to lead global crypto race, says CCI chief

The SEC and CFTC turf war over crypto ends with the White House digital assets report, and the US is sprinting to claim the lead in the crypto race.

Posted on 05/08/2025

I-T officials investigating Jane Street for tax treaty breach; Singapore link under scrutiny: Report

Indian tax authorities are investigating Jane Street for potential tax treaty violations, suspecting the firm routed profits from Indian derivative trades through Singapore entities. This inquiry ...

Posted on 05/08/2025

India’s tax department investigating Jane Street over possible tax treaty misuse, sources say

India's tax authorities are investigating whether Jane Street violated tax laws by booking profits via its Singapore entities on its derivative trades in the Indian market, three sources briefed on ...

Posted on 05/08/2025

Jane Street under I-T dept scanner for potential tax violation via Singapore entities

India's tax authorities investigate US trading firm Jane Street for potential tax law violations and price manipulation allegations.

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