SINGAPORE: Three Chinese nationals - aged between 21 and 28 - were caught smuggling duty-unpaid cigarettes inside soft toys.
Singapore’s job market thrives – Will 2025 see soaring wages or economic headwinds?
As Singapore gears up for 2025, the combination of a resilient job market and favourable economic indicators signals a promising future for both employers and employees alike. Likewise, as businesses ...
Singapore’s industrial production defies predictions with almost 10% growth
SINGAPORE: Singapore’s industrial production sustained a 9.8% year-on-year increase in September, defying predictions of a 7.2% decline, according to a report from UOB. The continued growth reflects a ...
Singapore corals showing signs of recovery amid global coral bleaching event
SINGAPORE - Amid warnings of the largest recorded global bleaching event, Singapore’s corals are showing signs of recovery as sea surface temperatures began to fall, with about 20 per cent to 30 per ...
Punjab-origin man in Singapore jailed for criminal breach of trust on corporate card
Raul Randhawa, 44, was a risk and controls officer with an insurance firm with a monthly salary of more than SGD 11,000 ( ₹7 lakh approximately).
Singapore’s non-oil domestic exports grow 2.7% in September
September's non-oil domestic exports grew by 2.7 per cent on-year. This was below expectations as market analysts had forecast double-digit growth. It is also a significant drop from the 10.7 per cent ...
Gemini Gains Preliminary Approval for Crypto Services in Singapore
Gemini, a prominent cryptocurrency exchange, has taken a significant step forward in expanding its global footprint by securing preliminary approval from the Monetary Authority of Singapore (MAS) to ...
Singapore’s Wilmar third-quarter profit slumps 36% on weak China, sugar segment
Singapore-listed Wilmar International reported a 35.7% fall in third-quarter core net profit on Wednesday, weighed down by weaker China and sugar division operations.
Singapore’s ex central banker Ravi Menon aims to spearhead global fintech growth with new non-profit
Singapore's longest serving central banker, Ravi Menon, will head a new non-profit to drive fintech innovation and growth globally, the Monetary Authority of Singapore (MAS) said on Wednesday.
How Singapore’s SMBs and AI sustain a robust digital economy
With the digital economy contributing 17.7% of Singapore's GDP, smaller businesses and artificial intelligence are predicted to play key roles in fueling growth.
Singapore’s digital economy thrives, representing 17.7% of GDP
SINGAPORE: The digital economy in Singapore has demonstrated remarkable growth, contributing 17.7% to the nation’s GDP last year, amounting to S$113 billion.
Singapore’s central bank sets up not-for-profit global fintech network
Singapore's central bank has set up a new not-for-profit platform to work with economies around the world on financial technology. The Global Finance and Technology Network will offer expert advisory ...
Goodwill Entertainment launches IPO at 20 cents per share
Goodwill Entertainment has launched its initial public offering on the Catalist board of the Singapore Exchange S68 The entertainment company has issued 60 million shares at 20 cents apiece. Of the 60 ...
HSBC will primarily cut senior roles in overhaul of management structure: CEO
The cuts will take place swiftly, with the outcome of the restructuring to be disclosed in February 2025. Read more at straitstimes.com.
Jail for man who used corporate credit card to make nearly $30k in unauthorised transactions
Raul Randhawa, who tendered his resignation in October 2023, has made full restitution. Read more at straitstimes.com.
Indian-origin man spends nearly Rs 19 lakhs with corporate credit card, jailed in Singapore
An Indian-origin Singaporean was sentenced to four months of imprisonment on Wednesday after he pleaded guilty to one count of criminal breach of trust by using a corporate credit card for personal ...