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Tag: business

Posted on 07/01/2025

Singapore Dollar Likely to Weaken on Potentially Higher U.S. Tariffs

The Singapore dollar could weaken to 1.3800 per U.S. dollar in 1Q on potentially higher U.S. tariffs, MUFG Bank said.

Posted on 07/01/2025

Global firms set to leverage dual-region power play in Johor-Singapore Special Economic Zone

MULTINATIONAL corporations (MNCs) already thriving in both Singapore and Johor are reaping the rewards of Malaysia’s plentiful land, lower costs, and prime location for manufacturing, warehousing and ...

Posted on 07/01/2025

Terminated KL-Singapore high-speed rail project can happen only with ‘full participation’ from private sector: Anwar

MALAYSIA is waiting for some “promising and positive” contributions by the private sector as it seeks to revive the terminated high-speed rail project linking Kuala Lumpur and Singapore, said Prime ...

Posted on 07/01/2025

Singapore and Malaysia to finalise deal creating vast economic zone

Malaysia Prime Minister Anwar Ibrahim and Singapore Prime Minister Lawrence Wong will officiate a ceremony on Tuesday for the economic zone in Malaysia's southern state of Johor ...

Posted on 07/01/2025

New Bill introduced to consolidate, strengthen Singapore govt’s powers to maintain racial harmony

SINGAPORE: A new Bill that seeks to consolidate and strengthen the Government’s powers to maintain racial harmony in Singapore was introduced in Parliament on Tueday (Jan 7).

Posted on 07/01/2025

Appetite for Bitcoin in Singapore and beyond surges after 2024’s launch of such ETFs, US election

Investor interest in the world’s largest cryptocurrency Bitcoin in Singapore and elsewhere rose last year, driven by factors such as the introduction of such exchange-traded funds (ETFs) in the ...

Posted on 07/01/2025

Meralco bags deal to build 600-MW gas plant in Singapore

PacificLight Power Pte Ltd., a subsidiary of Meralco PowerGen Corp. (MGen), won the contract to develop a new 600-megawatt (MW) gas-fired facility in Singapore, helping to solidify its position in ...

Posted on 07/01/2025

SingPost appoints former Singapore CEO Neo Su Yin as group COO

Her appointment came after the sacking of three top executives. Singapore Post appointed former Singapore CEO Neo Su Yin as the group chief operations officer (COO). Neo ended her tenure as SingPost ...

Posted on 07/01/2025

What is Singapore’s biggest export, and how does it compare globally?

From oil to eggs, click or scroll through this gallery and join us to discover the most lucrative exports in 45 key nations, as revealed in the latest data from World's Top Exports. All dollar amounts ...

Posted on 06/01/2025

Undertaker gets jail, fine and S$340,000 penalty for tax offences in fourth such case

Tee Siew Gim is the fourth undertaker to be prosecuted for tax offences since IRAS started investigating the funeral industry in 2019.

Posted on 06/01/2025

Vietnam police crack down on crypto mining scam, recover 4 billion dong

Over 200 victims lost billions in a cryptocurrency mining scam in Vietnam, with authorities uncovering a sophisticated scheme led by four suspects.

Posted on 06/01/2025

Global crackdowns target crypto scams and AI deepfake fraud

A week into 2025, police authorities from various jurisdictions have independently apprehended fraudsters running varied cryptocurrency-related schemes targeting hundreds of potential victims. On Jan.

Posted on 06/01/2025

Singapore shares close higher on Monday; STI up 0.5%

SINGAPORE - Singapore stocks ended higher on Jan 6 despite declines across the region amid the Federal Reserve’s hawkish stance. The Straits Times Index rose 0.5 per cent or 20.01 points to 3,821.84.

Posted on 06/01/2025

Budget 2025: Singapore’s manufacturing sector is at a “significant turning point”: SMF

SINGAPORE - The manufacturing sector is at a “significant turning point”, and Budget 2025 should help enhance Singapore’s competitiveness in the global arena. The Singapore Manufacturing Federation’s ...

Posted on 06/01/2025

200 deceived by crypto mining scam in Vietnam via Singapore website

Over 200 people have fallen victim to a crypto mining scam in southern Vietnam by submitting VND4 billion (US$157,300) to a fraudulent platform.

Posted on 06/01/2025

Singapore Private Sector Slows In December – S&P Global

The private sector in Singapore continued to expand in December, albeit at a slower pace, the latest survey from S&P Global revealed ...

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