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Tag: business

Posted on 15/01/2025

Singapore inflation expected to continue easing in 2025

Inflation is expected to continue easing this year, after dropping consistently last year. Both core and headline inflation are expected to come in between 1.5 per cent and 2.5 per cent in 2025.

Posted on 15/01/2025

Why The Cost Of Living In Singapore Is So High

While Singapore is small and has no natural resources, Singaporeans are relatively rich and have grown accustomed to a high quality of life.

Posted on 14/01/2025

Crypto bank Sygnum achieves unicorn status with new funding round that gives it a valuation of $1 billion

Sygnum, a crypto bank based in Switzerland and Singapore, has raised $58 million, giving the privately-held company a valuation of $1 billion. The round was led by Bitcoin-focused investment firm ...

Posted on 14/01/2025

Singapore could end up as ‘collateral damage’ under Trump 2.0 tariffs: Chan Heng Chee

Unpredictable nature of Donald Trump will make 2025 a volatile year, say two Singapore veteran diplomats. Read more at straitstimes.com.

Posted on 14/01/2025

Singapore shares bleed red ink; STI falls 0.1%

SINGAPORE - Shares in Singapore were in the red on Jan 14, amid a mixed regional showing. The benchmark Straits Times Index (STI) declined 0.1 per cent or 2.93 points to 3,788.77. The STI was led by ...

Posted on 14/01/2025

Iron Ore Advances After Record China Imports Boost Demand Hopes

Iron ore surged back above the $100-a-ton threshold after data showed China’s annual imports of the steel-making ingredient reached a record and its trade surplus soared. Most Read from BloombergThese ...

Posted on 14/01/2025

Singapore family offices exceed 2,000 in 2024

THE number of single family offices (SFOs) in Singapore continued to grow last year, to exceed 2,000 by the end of 2024. Read more at The Business Times.

Posted on 14/01/2025

Top crypto casinos in Singapore in 2025: Tried and tested

Browse no further for the best online crypto casinos in Singapore. Each casino on our list promises big bonuses, speedy payouts, and a premium range of slots ...

Posted on 13/01/2025

Polymarket Blacklisted in Singapore—Global Crackdown Incoming?

Singapore has blocked access to the crypto-betting platform Polymarket. Users accessing the platform face a $10,000 fine or up to six months in jail. France, ...

Posted on 13/01/2025

Singapore stocks fall amid regional rout; STI down 0.3%

The Straits Times Index (STI) fell 0.3 per cent or 9.86 points to 3,791.70 points. Across the broader market, losers beat gainers 349 to 193, with 949.7 million securities worth $1 billion having ...

Posted on 13/01/2025

ST Explains: What caused the prolonged deluge in Singapore?

A monsoon surge has been dumping rain over the island since Jan 10, with the occasional strong wind gusts. Read more at straitstimes.com.

Posted on 13/01/2025

Singapore’s personal accident and health insurance market to skyrocket 38% by 2029, sparking shift to private health plans

SINGAPORE: According to research from GlobalData published by the Singapore Business Review, the city-state’s accident and health (PA&H) insurance market is set for substantial expansion, with ...

Posted on 13/01/2025

Singapore blocks access to crypto prediction platform Polymarket

Singapore’s gambling regulator has blocked access to Polymarket, a controversial crypto predictions platform, marking another hurdle for the platform amid increasing regulatory scrutiny. The Gambling ...

Posted on 13/01/2025

TSMC ends contract with Singapore-based company over alleged Huawei ties

TSMC has ceased its relationship with Singapore-based PowerAIR after a client review raised concerns about potential violations of U.S. export controls, reports the South China Morning Post, citing ...

Posted on 13/01/2025

Polymarket has been banned in Singapore, declared an illegal gambling site

Singapore has officially banned Polymarket, labeling it an illegal gambling platform. The government’s decision came down on January 12, cutting off access to the crypto-based prediction market. The ...

Posted on 12/01/2025

Cancelled activities, business closures, dancing in the rain – Singapore contends with non-stop rain

SINGAPORE - The weekend plans of many were scuppered by incessant rain that began early on Jan 10 and continued well into Jan 11 - including travel plans. More than 50 Singapore Airlines flights over ...

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