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Category: BUSINESS

Posted on 29/05/2025

Singapore fuel oil stockpiles at four-week highs

Fuel oil imports into onshore tanks fell 18% from the previous week to 686,000 tons, with most imports hailing from Russia ...

Posted on 29/05/2025

Asia’s jet fuel exports to US West Coast to hit 1-year high in May

The surge in imports comes at the start of the American summer travel season, potentially impacting travel costs and highlighting the vulnerabilities of US West Coast supply ...

Posted on 29/05/2025

Asia jet fuel exports to US West Coast to hit 1-year high in May

Asia's jet fuel exports to the U.S. West Coast are expected to hit at least a one-year high in May, according to shiptracking data and three trade sources, as refinery outages in California boosted ...

Posted on 29/05/2025

Singapore stocks rise after US court blocks Trump’s tariffs; STI up 0.1%

Across the broader market, advancers outpace decliners 309 to 170. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 29/05/2025

MPs must separate business and politics, be wary of conflicts of interest: PM Wong

SINGAPORE] Members of Parliament (MPs) must separate business and politics, and be shrewd in assessing the motives of those who seek to get close to them, said Prime Minister Lawrence Wong in a ...

Posted on 29/05/2025

Singapore leads in crypto adoption with 28% ownership rate: report

Singapore has taken the lead in global cryptocurrency adoption, with 28% of its population now owning digital assets—more than any other country surveyed in Gem ...

Posted on 28/05/2025

Singapore households’ debt up, but assets growth more than keeps pace

While falling interest rates may help, one observer says to look out for difficulties such as bad debts. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 28/05/2025

Singapore’s real wages rise at faster rate of 3.2% in 2024; more firms give salary bumps: MOM

SINGAPORE] Real wage growth in Singapore rose at a faster pace of 3.2 per cent in 2024 as nominal wage growth outpaced inflation, data from the Ministry of Manpower (MOM) showed on Wednesday (May 28).

Posted on 28/05/2025

Singapore advances to 4th in global start-up ecosystem rankings

Singapore has advanced to the fourth position in the global start-up ecosystem rankings for 2025, up from fifth place in 2024. The new ranking places Singapore behind Israel, Britain, and the U.S.

Posted on 28/05/2025

UK outpaces global crypto ownership growth in 2025: Gemini report

The United Kingdom is leading the world in increasing cryptocurrency ownership among its population in 2025, outpacing economies including the United States, according to a new study by Gemini. Gemini ...

Posted on 28/05/2025

Nearly One in Four Globally Now Own Crypto, According to Gemini’s 2025 State of Crypto Report

Nearly two in five crypto owners in the US are invested in crypto ETFs: Following the approval of spot crypto ETFs in early 2024, adoption has increased, with 39% of crypto investors in the US owning ...

Posted on 27/05/2025

Global Crypto Ownership Increased in 2025, Led by the UK, Gemini Survey Reveals

Crypto adoption by consumers increased in 2025, with the U.K. at the forefront, Gemini said in its '2025 Global State of Crypto' report on Tuesday.

Posted on 27/05/2025

Asian ports reported to be congested; average waiting time in Singapore is up to 1.5 days

SINGAPORE] Port congestion has been reported at Asian ports, with Singapore being one of those affected: The waiting time for a berth at the world’s top transhipment hub is said to be between 12 and ...

Posted on 27/05/2025

Singapore shares rise as US delays tariffs on European Union; STI up 0.5%

SINGAPORE] Shares on the Singapore bourse ended higher on Tuesday (May 27), after the US extended the deadline for tariff negotiations with the European Union (EU) to Jul 9. Read more at The Business ...

Posted on 27/05/2025

Singapore Airlines turbulence investigation not yet complete, ministry says

Singapore authorities said on Tuesday that an investigation into a Singapore Airlines flight last year that hit turbulence, injuring dozens of people and killing one, was still awaiting analysis of ...

Posted on 27/05/2025

Vietnam to export renewable energy to Malaysia, Singapore

As an ASEAN member, Vietnam is advancing its strategic vision to become the region's renewable energy hub, with strong commitments to clean energy development, emissions reduction, and meeting ...

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