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Tag: business

Posted on 16/07/2025

Singapore slips to A3 risk rating amidst deepening tariff threats

Singapore’s macroeconomic outlook has become less favourable. Singapore’s country risk rating has been downgraded from A2 to A3, according to the latest July 2025 Risk Review from Coface. Coface noted ...

Posted on 16/07/2025

Chinese traveller calls SQ Business Class ‘last century’ over seat issue, gets schooled on XHS

A traveller’s complaint about Singapore Airlines’ ‘last century’ Business Class on Xiaohongshu sparked debate. The passenger criticised ageing seats and AirAsia-like meals, while netizens explained ...

Posted on 16/07/2025

LAS VEGAS SANDS BREAKS GROUND ON NEW ULTRA-LUXURY DEVELOPMENT IN SINGAPORE

SINGAPORE, July 15, 2025 /PRNewswire/ — Las Vegas Sands (NYSE: LVS) marked a momentous milestone on Tuesday evening with the groundbreaking of its new US$8 billion ultra-luxurious resort and ...

Posted on 15/07/2025

Crypto Banking Startup Dakota Raises $12.5M for Global Stablecoin Push

The startup, which lets businesses send and receive U.S. dollars globally via stablecoin rails, is expanding to over 100 countries with the funding.

Posted on 15/07/2025

Singapore named world’s most expensive city for the rich, beating Hong Kong, London

Singapore has been ranked the most expensive city in the world for high-net-worth individuals (HNWIs) to live well for the third consecutive year, once again surpassing London and Hong Kong.

Posted on 15/07/2025

House Plans “Crypto Week” With Three Digital Asset Bills

The House’s decision to dedicate a whole week to cryptocurrency legislation demonstrates the growing recognition of digital assets’ importance in the financial ecosystem. While specific details about ...

Posted on 15/07/2025

Singapore GDP seen at 2.0% in 2025, but tariffs may halve growth

RHB analysts, however, caution that much of the recent growth appears front-loaded due to early export orders. Singapore’s economy is projected to grow 2.0% in 2025, according to RHB Bank’s latest ...

Posted on 15/07/2025

Singapore’s economy continues to expand in 2Q

SINGAPORE: Singapore's economy continues to grow in the second quarter of 2025 (2Q25), skirting a technical recession despite persistent global trade headwinds and US tariff uncertainty weighing on ...

Posted on 14/07/2025

Bitcoin climbs to record $123,000 as US to debate crypto rules

Bitcoin surpassed $120,000 for the first time on Monday, marking a milestone for the world's largest cryptocurrency as investors bet on long-sought policy wins for the industry this week.

Posted on 14/07/2025

Singapore’s economy sees surprise expansion in Q2 despite US tariff uncertainty: Advance estimate

The economy grew 4.3 per cent year on year in the second quarter of 2025. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 14/07/2025

Chemical Export Boom? India Poised to Overtake China, Singapore in US Market

India has the potential to boost its GDP by 0.3% by increasing chemical exports to the US. A State Bank of India report suggests India could capture market share from China and Singapore, particularly ...

Posted on 14/07/2025

Singapore shares hit new high; STI up 0.5%

Across the broader market, advancers beat decliners 315 to 191. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 14/07/2025

Singapore IPO revival hopes rise as NTT’s Reit debut gains

This listing is hugely important,” said Pol de Win, head of global sales and origination with bourse operator Singapore Exchange (SGX). “The IPO market has been challenging ...

Posted on 14/07/2025

Three Singapore gencos to study carbon capture and storage to decarbonise power sector

SINGAPORE] Three power generation companies (gencos) in Singapore will be conducting site-specific carbon capture and storage (CCS) feasibility studies for the power sector, targeted for completion in ...

Posted on 14/07/2025

India can capture China and Singapore’s share in chemical exports to US, add 0.3% to GDP: SBI Report

India has a significant opportunity to increase its chemical exports to the United States if it manages to negotiate for less than 25 per cent tariffs, according to a recent report by the State Bank ...

Posted on 14/07/2025

Should capital gains tax replace seller’s stamp duty on homes?

Taxing only profitable property transactions may be more equitable than Seller's Stamp Duty. Read more at The Business Times.

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