This is on the back of growing demand in semiconductors, increased travel and consumer spending. Read more at straitstimes.com.
TikTok-owner ByteDance’s Singapore workers suffer mass food poisoning
An office of TikTok-owner ByteDance in Singapore was hit by a mass food poisoning incident on Tuesday, according to local authorities.
Now a Singapore brand, bubble tea chain Playmade sets its sights on the US
BUBBLE tea chain Playmade began as a franchise from Taiwan, but has since become a Singapore brand – and is now poised to expand overseas. Read more at The Business Times.
Singapore Manufacturers, Services Firms Signal Cautiously Positive Outlook
Singapore's manufacturers and services providers are cautiously upbeat about the outlook for their sectors for the rest of the year, survey data showed, in a positive sign of the city-state's economic ...
Singapore, US ink deal to study how nuclear technology can support climate and energy needs
No decision has been made on the deployment of nuclear energy in Singapore, officials reiterated.
Singapore startup Beep raises US$3.3 million in pre-series A investment round
BEEP, a Singapore-based Internet of Things startup, on Wednesday (Jul 31) announced the close of its US$3.3 million pre-series A investment round. Read more at The Business Times.
GXS Bank Eyes March 2027 Profitability, Targets US$3B Deposits and US$2B Loans
GXS Bank, a digital bank backed by Grab Holdings and Singtel, aims to achieve profitability by March 2027, according to Muthukrishnan Ramaswami, GXS’ Group CEO. Grab holds a 60% stake in GXS, while ...
India’s July diesel, jet fuel exports to Singapore, Australia set to hit 2-1/2-year high
India's diesel and jet fuel shipments to Singapore and Australia are set to hit the highest levels in 2-1/2 years in July as sellers looked east with demand tepid from Europe, according to industry ...
Singapore stocks kick off on Wednesday—STI rose by 0.3%
In the broader market, 53 stocks were up while 37 were down, with 21.9 million securities valued at S$37.3 million traded ...
“I earn $70/day if TP fine me. I can’t afford the S$150 fine” – Netizens sympathise with Singapore taxi driver’s handwritten sign for passengers to fasten seatbelts
SINGAPORE: A photo of a Singapore taxi driver’s handwritten sign urging passengers to fasten their... The post “I earn $70/day if TP fine me. I can’t afford the S$150 fine” – Netizens sympathise with ...
‘No brainer’: Thailand to become second in Southeast Asia to tax carbon emissions
In time, Thailand's strategy could give its industries a competitive edge while reducing greenhouse gas emissions, experts say. Singapore was the first in the region to introduce a carbon tax in 2019.
Vietnam remains as the largest rice exporter to Singapore
Vietnam remained as the largest rice exporter to Singapore in the first half of 2024, accounting for 32.69% of the overall market share, according to Radio the Voice of Vietnam.
Singapore’s employment growth strengthens in Q2 despite seasonal dip in resident employment
SINGAPORE’S employment levels expanded in the second quarter at a faster rate than in Q1, despite a slight decline in overall resident employment due to seasonal factors, advance data from the ...
Digital bank GXS, set up by Grab and Singtel, targets profit by 2027
GXS Bank, a digital bank backed by Grab Holdings and Singapore Telecommunications, plans to swing to a profit by March 2027 in part by doubling its loan book every six months. The two-year-old ...
Charles Wong Departs as GXS Bank CEO After Four-Year Tenure
Charles Wong, who has served as CEO of GXS Bank for four years, will step down from the role, transitioning to an advisory position.
Singapore Approves Edible Insects Amid Food Security Push
The seaside restaurant is the first eatery to put insects on the menu after the city state’s stringent food authority this month approved for human consumption 16 species ranging from crickets to ...