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Category: BUSINESS

Posted on 22/05/2025

New ministerial role for energy carved out in Singapore cabinet reshuffle

New ministerial role for energy carved out in Singapore cabinet reshuffle. PM Lawrence Wong appoints second minister of trade and industry Dr Tan See Leng to new position.

Posted on 22/05/2025

Manufacturing-led export strategies still make sense

The traditional development model thrived on exports, enabling countries like South Korea to tap vast global demand and escape the limitations of small domestic markets. It boosted efficiency and, by ...

Posted on 22/05/2025

Some Singapore firms could go on ‘life support mode’ amid crippling US tariffs, says SME association

The Association of Small and Medium Enterprises is calling for more government support to help SMEs enter new markets and integrate into a bigger supply chain network.

Posted on 22/05/2025

CNA938 Rewind – How Singapore’s sentiments towards crypto have changed

Crypto ownership in Singapore trended downward despite the market rally in 2024, with 29% reporting owning crypto down from 40%. Bitcoin and Ethereum continue to be the most popular crypto assets ...

Posted on 22/05/2025

CNA938 Rewind – Singapore’s new cabinet sends strong signals on political direction

Prime Minister Lawrence Wong announced his first full Cabinet lineup on Wednesday (May 21), which includes three coordinating ministers and Mr Gan Kim Yong as the sole deputy prime minister. It also ...

Posted on 22/05/2025

Singapore maintains previously lowered full year GDP forecast at 0 – 2% on ‘significant uncertainty’ ahead

Singapore's economy grew by 3.9% in the first quarter, with support from front-loading activities ahead of US tariffs ...

Posted on 22/05/2025

Singapore’s First-Quarter GDP Growth Revised Up, Outlook Still Uncertain

Manufacturing, which contributes a significant portion to Singapore's GDP, grew 4.0% on the year during the quarter. On a quarter-over-quarter seasonally adjusted basis, the economy shrank by 0.6% in ...

Posted on 22/05/2025

Changes to Singapore stock market: Investors may need more help to spot red flags, say observers

No public queries on unusual trading activities among proposals by SGX regulator. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 22/05/2025

Singapore takes fourth spot in global startup ranking

SINGAPORE: Singapore climbed to fourth place in a global startup ecosystem ranking this year, up from fifth in 2024. According to the 2025 Global Startup Ecosystem Index by research platform ...

Posted on 22/05/2025

Singapore Airlines and Qatar Airways post strong profits

This week, the 2024–2025 fiscal year results has spotlighted the diverging fortunes of two of aviation’s most globally renowned carriers: Singapore Airlines and Qatar ...

Posted on 21/05/2025

Sharp drop in crypto ownership in Singapore in 2025 as investors sell off: Poll

Only 29 per cent of 1,500 Singapore residents polled owned crypto in 2025, a sharp drop from 40 per cent in 2024. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 21/05/2025

Cross-Chain Pioneer XY Finance Launches SuperIntent, the World’s First Omnichain AI Crypto Super App

XY Finance, a veteran in cross-chain infrastructure, officially introduced the launch of SuperIntent, the world’s first Omnichain AI Crypto Super App. Designed to simplify the complexities of DeFi, ...

Posted on 21/05/2025

Singapore’s frozen chicken supply unlikely to be affected by Brazil bird flu outbreak

The Singapore Meat Traders' Association said there might be slight delays to frozen chicken imports. It cited the rush by importers around the world to find alternative sources, following a bird flu ...

Posted on 21/05/2025

No poultry or poultry products imported from Brazil farm hit by bird flu outbreak, say S’pore authorities

Singapore does not import poultry or poultry products from the farm hit by the highly contagious bird flu in Brazil.

Posted on 21/05/2025

Singaporean faces new charges in US over US$263mil crypto theft

Singaporean Malone Lam, already facing charges in the United States over a cryptocurrency theft, is now accused of heading a 13-member crime ring that allegedly stole hundreds of millions of dollars ...

Posted on 20/05/2025

India’s Supreme Court slams crypto delay as ultra-rich flee to real estate

India’s top court slams crypto delays, calling unregulated Bitcoin a hawala risk. Ultra-rich shift funds from crypto into luxury property.

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