This comes on the back of Sembcorp agreeing to import 50MW of renewable energy from Tenaga of Malaysia to Singapore issued with Renewable Energy Certificates (RECs) using existing infrastructure. The ...
Economists Raise Singapore’s 2024 Growth Forecast, Central Bank Survey Shows
Experts surveyed by Singapore’s central bank have raised their 2024 economic growth forecast for the city-state, coming after third-quarter data showed the economy expanded at the fastest in nearly ...
Economists see Singapore economy slowing to 2.6% in 2025 from 3.6% in 2024: MAS survey
Geopolitical tensions, including from higher tariffs, jumps to top downside risks to Singapore’s economy. Read more at straitstimes.com.
Charge+ acquires 140 EV chargers from 3 companies ceasing commercial charging services in Singapore
Charge+ has acquired 140 public and shared EV chargers from three other companies in Singapore that have ceased offering commercial charging services. Read more at The Business Times.
Manufacturing leads Singapore’s GDP growth with 11% YoY rise in Q3
GDP is expected to drop in 2025. Singapore’s gross domestic product (GDP) grew by 5.4% year-on-year (YoY) in Q3 2024, driven primarily by the manufacturing sector, Oxford Economics reported. The ...
Singapore semiconductor sector troubled by widening US curbs
New US export restrictions on semiconductors are unlikely to mar Singapore’s standing as a resilient manufacturing hub, but firms here could still take a hit from brewing trade tensions and technology ...
Crypto.com taps Deutsche Bank for Asia-Pacific markets
Cryptocurrency exchange Crypto.com has announced a new partnership with Deutsche Bank to provide corporate banking services across Asian-Pacific markets, covering regions such as Singapore, Australia, ...
Crypto.com picks Deutsche Bank as corporate banking partner for APAC region
Cryptocurrency exchange Crypto.com has partnered with Deutsche Bank to become its corporate banking partner for Singapore, Australia, and Hong Kong. In an announcement today, the exchange said the ...
WazirX parent Zettai files application in Singapore High Court to present recovery scheme
The application filed on December 6 outlined a structured roadmap for recovery, and if approved, will include initial distributions of available liquid assets within 10 Business Days (as defined in ...
Will Singapore Realise Its Tokenisation Dreams?
Singapore has embarked on a journey to embrace tokenisation, driven by a desire to position itself as a leader in the digital asset space.
Singapore Is Pushing to Become A Tokenised Nation
Singapore has embarked on a journey to embrace tokenisation, driven by a desire to position itself as a leader in the digital asset space.
Crypto volatility picks up as Trump-fueled rally starts to fray
A BOUT of selling buffeted crypto as the optimism sparked by president-elect Donald Trump’s embrace of the sector begins to cool. Read more at The Business Times.
Crypto crash wipes out $1.7 billion in leveraged positions, Bitcoin plunges toward $94,000
Crypto market crash results in $1.7B in liquidations. Bitcoin plunges to $94K amid market-wide selloff and quantum computing concerns.
China Nov copper imports hit one-year high
China's copper imports rose in November to a one-year high, customs data showed on Tuesday, fuelled by shipments from Africa and purchases to restock domestic inventories.
Bitcoin Wavers, Smaller Tokens Sink as Frothy Crypto Rally Frays
A bout of selling buffeted crypto as the optimism sparked by President-elect Donald Trump’s embrace of the sector begins to cool.
Singapore’s financials and real estate employers take cautious stance on hiring: survey
EMPLOYERS, especially those in the financials and real estate sector, are choosing to stay cautiously optimistic as Singapore’s economy gains momentum. Read more at The Business Times.