China is now India's top import source with USD 56.29 billion in shipments from April to September this fiscal. The US is the leading export destination, with goods worth USD 40.38 billion. Imports ...
China emerges as India’s top import source during Apr-Sep 2024: Commerce min data
China has emerged as India's top import source with $ 56.29 billion worth of inbound shipments during the April-September period of this fiscal, according to the commerce ministry data. During the ...
Singapore oil tycoon OK Lim faces 20-year sentence for fraud
Singapore oil tycoon Lim Oon Kuin is facing 20 years in prison for deceiving lender HSBC in one of Singapore’s biggest trading scandals in the energy sector.
Daily Cuts – End of an era: Fine dining in Singapore meets its demise
As an increasing number of fine dining restaurants in Singapore shut for good, Andrea Heng and Hairianto Diman speak to Annette Tan, food writer, to examine the factors that led to their demise and ask an industry observer what the future holds for the city’s F&B landscape.
Singapore-based ONE Championship lays off ‘a few dozen’ employees
ONE says the layoffs are part of its "overall strategic plan to bring the company to profitability in the coming months".
Electric scooter startup Gogoro expands to Singapore as it tries to rely less on its home base of Taiwan
The global expansion comes at a tricky time for the startup, which just lost its CEO amid a Taiwanese probe into subsidy compliance.
Singapore Entertainment Firm Neon Is Said to Pick Banks for IPO
Immersive entertainment group Neon has picked financial advisers for its potential initial public offering in Singapore, according to people with knowledge of the matter.
Jail for Singaporean man whose bank accounts received scam proceeds after sharing details with online women
SINGAPORE: Shortly after his wife died, a man shared details of his bank accounts with people he met online who claimed to be women, only to find out that some of the accounts were later used to ...
Singapore’s Temasek seeks CCI approval to invest in this cloud kitchen platform
Temasek, through Jongsong Investments, is eyeing a major investment in Rebel Foods, aiming to raise $100-$200 million and likely obtaining a 20-25% stake.
Singapore stocks track regional losses on Oct 16; STI down 0.1%
Gainers outnumber losers 288 to 233, as 1.5 billion securities worth $1.2 billion change hands. Read more at straitstimes.com.
Google to pilot new Android anti-scam features in Singapore
SINGAPORE: Two new Android anti-scam features designed to combat mobile scams will be piloted in Singapore, Google announced on Wednesday (Oct 16). Users will be able to block messages from unknown ...
Singapore leaves major Games medal incentives to private sector while government focuses on ‘broader’ sporting base: Edwin Tong
SINGAPORE: The government leaves the cash incentives for major Games medals to the private sector, as it wants to focus on funding and supporting a “broader base” such as athlete development, said Minister for Culture, Community and Youth Edwin Tong ...
Jail for man whose bank accounts received scam proceeds after sharing details with online women
Christopher Moh, 66, continued to share his bank account details despite receiving two warnings from the authorities. Read more at straitstimes.com.
Hoax bomb threats to Indian airlines force emergency landing in Canada and fighter jets to scramble in Singapore
Twin bomb threats hit Indian airliners on opposite sides of the globe on Tuesday, forcing an emergency landing in the Arctic and fighter jets to scramble in Asia – the latest in a series of similar ...
Cycle & Carriage, Gogoro launch battery-swop electric scooters and stations in Singapore
CYCLE & Carriage Singapore (C&C) and Gogoro have officially launched battery-swop electric scooters and charging stations in Singapore on Wednesday (Oct 16). Three electric scooter models were unveiled at the new Gogoro showroom located within the C&C ...
Singapore emerges as world’s 2nd most expensive data centre market
Singapore emerged as the second most expensive market to build a data centre in the world in 2024, costing firms $18.09 (US$13.80) per watt (W).