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Category: BUSINESS

Posted on 26/06/2025

HSBC sees ‘huge opportunities’ for Singapore businesses in India’s fast-changing economy

SINGAPORE] Companies based in Singapore are well-positioned to seize “huge opportunities” in India’s rapidly evolving economy, said two senior HSBC executives in a recent interview with The Business ...

Posted on 25/06/2025

Singapore VC Granite Asia leads $60 million funding round for AI ‘data foundry’ Centific to fund global expansion

The “AI data foundry” Centific closed a $60 million Series A funding round led by the Singapore-based venture fund Granite Asia, as the U.S.-based startup explores an ambitious expansion to Asia. AI ...

Posted on 25/06/2025

Singapore tightens rules on crypto startups, Dubai rolls out the red carpet; what investors must know before they jump in

Singapore is tightening its grip on digital asset firms. They must get licenses for overseas operations or leave foreign markets by June 2025. Many companies are now looking at Dubai and Hong Kong as ...

Posted on 25/06/2025

Singapore manufacturing to remain resilient despite US reshoring and tariffs, notes RHB

Amid tariff uncertainty and heightened Middle East tension, the analysts also believe that Singapore government securities, as a ‘safe haven’, will continue to benefit from high demand from investors.

Posted on 25/06/2025

Singapore’s long term wealth creation set to boost local stocks, says Morgan Stanley

Morgan Stanley predicts that Singapore's stock market capitalisation will double by 2030. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 25/06/2025

Singapore crypto crackdown set to spark moves to Hong Kong and Dubai

Hong Kong and Dubai are expected to be the main beneficiaries of a crackdown in Singapore on crypto exchanges, with unlicensed players being forced to close or move their operations by the end of the ...

Posted on 25/06/2025

Marubeni boosts power role in Singapore by raising Senoko stake

Marubeni has raised its stake in Senoko Energy to 50%, after acquiring shares in the Singaporean power generator’s holding company.

Posted on 25/06/2025

Singapore-based engineers help golfers around the world improve their swing

SINGAPORE] From Japanese golfers to US baseball teams, athletes around the world are improving their game with the help of data trackers developed in Singapore. Read more at The Business Times.

Posted on 25/06/2025

What Makes Singapore a Tax Haven? – Investopedia

Startups in Singapore can take advantage of a tax exemption of up to S$125,000 on the first S$200,000 of income for their first three consecutive years of business.

Posted on 24/06/2025

Hacked Crypto Exchange WazirX Gets More Time to Restructure After Court Ruling

The exchange's crypto operations are reportedly moving to Panama as part of its restructuring, ahead of Singapore’s June 30 deadline.

Posted on 24/06/2025

WazirX News: Singapore Court Grants Moratorium Extension

The Singapore court extends the exchange's moratorium and grants permission to submit more arguments for its restructuring plan.

Posted on 24/06/2025

46-Year-Old Woman Arrested for Importing, Selling Counterfeit Products in Singapore

The Singapore Police Force said that goods with an estimated street value of more than S$2,700 were seized during the operation.

Posted on 24/06/2025

Singapore forms government coalition with UK, Kenya to grow carbon markets

SINGAPORE] Singapore, the United Kingdom and Kenya have formed a government-led coalition aimed at growing carbon markets. Read more at The Business Times.

Posted on 24/06/2025

RHB unchanged on 2025 inflation outlook despite global developments

Singapore’s headline CPI eased to 0.8% y-o-y, in-line with Bloomberg consensus and RHB’s projections, while core CPI ticked down to 0.6% y-o-y.

Posted on 24/06/2025

Singapore shares rise on Israel-Iran ceasefire and Wall St rally; STI up 0.7%

Elsewhere in Asia, key indexes largely closed higher. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 24/06/2025

ST Explains: How do volatile oil prices affect Singapore consumers?

They could drive up transport and electricity costs, and increase overall inflation. Read more at straitstimes.com. Read more at straitstimes.com.

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