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Posted on 31/12/2024

Vietnam’s GDP predicted to surpass Singapore’s in 2029

Vietnam’s GDP is forecast to hit $450 billion in 2024, placing it 34th globally, according to the UK-based Centre for Economics and Business Research (CEBR).

Posted on 31/12/2024

Singapore Introduces Criminal Penalties for SIM Card Misuse in Anti-Scam Push

Under the new regulations, individuals can be held legally responsible if they have reasonable grounds to believe their SIM cards would be used to commit or facilitate crimes. Violations can result in ...

Posted on 31/12/2024

Singapore to increase minimum salary requirement for foreign workers in 2025

Singapore is increasing the qualifying salary for S Pass applications, requiring foreigners to meet a higher threshold for work visas.

Posted on 31/12/2024

Singapore Only Charts 4 IPOs This Yr, Setting 10Yr+ Low

Only four IPOs were listed in Singapore in the whole year of 2024, setting an all-time low of more than a decade and raising about US$31 million, the Financial Times reported. The number of listed ...

Posted on 31/12/2024

Singapore shares retreat at Tuesday’s open; STI down 0.4%

SINGAPORE stocks started trading in negative territory on Tuesday (Dec 31) morning, mirroring overnight losses in global markets. Read more at The Business Times.

Posted on 31/12/2024

In Singapore, tougher laws target SIM card scams, jail time for offenders

From January 1, individuals who misuse SIM cards for criminal activities in Singapore face tougher penalties, including up to three years in jail or a fine of up to S$10,000 (RM32,815). The Straits ...

Posted on 31/12/2024

Starting a start-up: Will 2025 be a year of growth for Singapore’s start-up scene?

The funding landscape is poised to be buoyant, with expected rate cuts and investments targeting South-east Asia. Read more at straitstimes.com.

Posted on 31/12/2024

When the heat races ahead, sports enthusiasts need stronger safeguards to keep pace

Singapore is expected to experience an increase in ambient heat and humidity in the near future. Read more at straitstimes.com.

Posted on 31/12/2024

Budget 2025 wish list: Singapore businesses seek simpler tax processes

This includes simpler filing methods and more readily available tax advising services. Read more at straitstimes.com.

Posted on 31/12/2024

Singapore’s stock market may hinge on reforms in 2025, but outlook for some sectors look bright

ANALYSTS expect Singapore stocks to outperform and see significant upside in 2025, but there is a caveat: This is likely to happen only if market reforms are put in place to raise their relative ...

Posted on 31/12/2024

Singapore quantum tech startup seeks funding for AI integration

They're offering a real-time quantum controller designed to act as a translator between conventional computing systems and quantum computers ...

Posted on 31/12/2024

Singapore Declares Former Tycoon Lim Oon Kuin Bankrupt Following Oil Empire Collapse

Former oil tycoon Lim Oon Kuin has been declared bankrupt in Singapore following the collapse of his oil empire, Hin Leong Trading.

Posted on 31/12/2024

Indian conglomerate to exit $2 billion joint venture with Singapore-based company

SINGAPORE: India’s Adani Group has announced its decision to exit its consumer goods joint venture with Singapore-based Wilmar International in a deal valued at $2 billion. The divestment aligns with ...

Posted on 31/12/2024

China-Singapore Free Trade Agreement Further Upgrade Protocol to come into force

Further Upgrade Protocol will enter into force on Dec. 31, 2024, China's Ministry of Commerce said on Monday.In alignment with high-standa ...

Posted on 31/12/2024

China to upgrade FTA with Singapore, implement FTA with Maldives, in show of commitment to free trade

China's Ministry of Commerce (MOFCOM) announced on Monday that the China-Singapore Free Trade Agreement (FTA) Further Upgrade Protocol will come into effect on Tuesday. Also on Monday, Wang Wentao, ...

Posted on 31/12/2024

OCBC to offload full 33.33% stake in Hong Kong Life Insurance

"OCBC to offload full 33.33% stake in Hong Kong Life Insurance " was originally created and published by Life Insurance International, a GlobalData owned brand.

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