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Posted on 15/10/2024

Singapore SMEs continued to expand in Q3, except for ICT: OCBC

SINGAPORE - Singapore’s small and medium-sized enterprises (SMEs) extended their growth momentum for a second consecutive quarter, according to the latest OCBC SME Index released on Oct 15.

Posted on 15/10/2024

Dyson layoffs: Singapore needs to find balance between protecting workers, business flexibility, says MOM

In some other countries, unions and employers have a more confrontational relationship, and that makes a country less attractive for companies to invest in, said Senior Minister of State for Manpower ...

Posted on 15/10/2024

Son of Singapore’s Founding PM Lee Says Plans to Demolish Family Home

SINGAPORE (Reuters) - The youngest child of Singapore's founding Prime Minister Lee Kuan Yew said on Tuesday he would apply to demolish the statesman's home in line with his wishes, following the ...

Posted on 15/10/2024

Singapore Seeks to Jail OK Lim for 20 Years for Cheating HSBC

Singapore’s former oil tycoon Lim Oon Kuin will be sentenced on November 18 for cheating and forgery in a trading scandal that will go into the history books as one of the biggest in the global energy ...

Posted on 15/10/2024

Sunway bolsters presence in Singapore with latest land buy

Sunway Bhd’s latest acquisition will beef up its presence in the Singapore property market after it secured another piece of land in the city-state. ( read original story ...)

Posted on 15/10/2024

AGC seeks 20 years for OK Lim’s jail term, defence asks for 7 years

LIM Oon Kuin, founder of liquidated oil trader Hin Leong Trading, could be staring at a jail term of 20 years for his three cheating and forgery charges, if prosecution succeeds in persuading the ...

Posted on 15/10/2024

Prosecutors seek 20 years’ jail for Hin Leong oil tycoon OK Lim, 82

Lim Oon Kuin, once lauded as a successful businessman in Singapore's oil trading industry, was plunged into legal troubles after the sudden collapse of Hin Leong Trading in 2020 amid fraud allegations ...

Posted on 15/10/2024

Singapore SMEs extend expansionary momentum in Q3, buoyed by broad-based growth: OCBC

SINGAPORE’S small and medium-sized enterprises (SMEs) extended their growth momentum for a second consecutive quarter in Q3, according to the latest OCBC SME Index released on Tuesday (Oct 15). Read ...

Posted on 15/10/2024

India less export-oriented, would be relatively unaffected by potential US tariff hikes: Fitch

Fitch said higher trade barriers in the wake of the US elections could pose additional challenges for issuers across multiple credit sectors in Asia-Pacific (APAC).

Posted on 15/10/2024

Chevron Singapore gives customers a smarter, more rewarding way to refuel with the launch of the refreshed CaltexGO mobile app

Chevron Singapore, which operates the retail brand Caltex, has announced the launch of the refreshed CaltexGO mobile app, designed to enhance customer convenience and ...

Posted on 15/10/2024

Rainfall recorded over western Singapore on Oct 14 among the highest in over 40 years

The amount corresponds to 80 per cent of Singapore’s average monthly rainfall in October. Read more at straitstimes.com.

Posted on 15/10/2024

Singapore’s CPF Special Account closure for older workers to take place from second half of January

The closure of the CPF Special Account (SA) for members aged 55 and above will take place from the second half of January 2025 onwards, after changes to the CPF Act were passed in Parliament on Oct 14.

Posted on 15/10/2024

Singapore to invest $107m for Active Ageing Centre infrastructure upgrades

The funding will support over 100 existing AACs. Singapore’s Ministry of Health will invest $107m (S$140m) from FY2025 to FY2027 to enhance and expand Active Ageing Centres (AACs) across the country, ...

Posted on 15/10/2024

Singapore still attractive investment location, drew $5.4 billion in first-half commitments: Gan Kim Yong

The minister was responding to a question about MNCs relocating, downsizing, or retrenching workers in Singapore. Read more at straitstimes.com.

Posted on 15/10/2024

Minimum 15% tax on multinational enterprises will sustain Singapore’s edge: Indranee

CHANGES to Singapore’s tax regime will help to sustain the Republic’s economic competitiveness and provide better support to companies and individuals, while ensuring it stays aligned with ...

Posted on 15/10/2024

Indranee Rajah on Bills to sustain Singapore’s economic competitiveness

Bill and Multinational Enterprise (Minimum Tax) Bill will sustain Singapore’s economic competitiveness and provide better support to businesses and individuals, said Second Minister for Finance ...

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