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Tag: business

Posted on 20/09/2024

S’pore doubles clean electricity imports through regional grid; more power to come from Malaysia

SINGAPORE - Singapore will be doubling its clean electricity imports via a regional power grid, after an extension of the multilateral deal – which enabled Singapore to import hydropower from Laos via ...

Posted on 20/09/2024

Business meets boxing: The rise of white-collar fights in Singapore

More companies are sponsoring fighters and purchasing ringside tables to support their employees. Read more at straitstimes.com.

Posted on 20/09/2024

Singapore shares decline despite regional rally; STI down 0.2%

The mood change did not inflict much damage, however, with the Straits Times Index (STI) down just 0.2 per cent or 8.42 points to 3,624.76 on Sept 20 with gainers edging out losers 294 to 274 on ...

Posted on 20/09/2024

More than 8 in 10 business leaders report sustainability skills gap in their organisations

SINGAPORE: More than eight in 10 business leaders said their companies face a gap in sustainability skills and expertise, according to the NTUC LearningHub’s Sustainability for Business Resilience ...

Posted on 20/09/2024

Singapore’s tax revenue expected to rise at slower pace in FY24/25, say tax experts

AFTER rising 17 per cent to a new high in the last fiscal year, Singapore’s tax revenue is expected to increase further this year – but more slowly, say tax specialists. Harvey Koenig, partner, ...

Posted on 20/09/2024

SocGen’s Crypto Unit Takes Euro Stablecoin to Solana After Flopping on Ethereum

SINGAPORE – SG Forge, a subsidiary of Societe Generale, will roll out euro stablecoin EUR CoinVertible (EURCV) on the Solana blockchain, the French financial services firm said Friday. SG Forge ...

Posted on 20/09/2024

Does Singapore’s economic future rest on the secretive moves of elite family offices?

Moreover, many family offices are championing environmental, social, and governance (ESG) initiatives alongside philanthropic endeavors. These efforts not only uplift the community but also steer the ...

Posted on 20/09/2024

Singapore-based crypto firm Terraform Labs approved for bankruptcy wind-down

Investors, including Singaporeans, lost an estimated US$40 billion when its TerraUSD and Luna tokens collapsed in 2022. Read more at straitstimes.com.

Posted on 20/09/2024

Custodian Arrangement Is the Core Requirement for Obtaining MPI License, Says OKX Singapore CEO

In a recent interview, Grace Lin, the new CEO of OKX Singapore, discussed how the exchange obtained its recently acquired MPI license.

Posted on 19/09/2024

Customs Officers Find Smuggled Sports Car Worth RM531,960 In Shopping Mall Parking Lot

China Press reported that the management of a shopping mall in Petaling Jaya, Selangor notified JKDM after noticing the white luxury sports car parked in their lot for three months. Nadzri said they ...

Posted on 19/09/2024

Singapore’s middle distillates stocks dip for third week amid robust net exports

Singapore's middle distillates inventories fell for a third straight week, tracking the strength in gasoil/diesel net exports, official data showed on Thursday. Stocks of diesel/gasoil and jet ...

Posted on 19/09/2024

Singapore News | Today’s Latest Stories | Reuters

Singapore's GenZero to work with Rwanda on carbon offset projects ... reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to ...

Posted on 19/09/2024

Impact of carbon tax hike on Singapore companies

SINGAPORE: Close to 40% of companies in Singapore experienced “minimal impact” from the hike in carbon tax, according to a survey conducted by the Sustainable Energy Association of Singapore (Seas).

Posted on 19/09/2024

Company director to be jailed 42 weeks for false declarations on unexported liquor in Singapore

However, instead of being delivered to the ships as declared, the liquor was diverted inland without payment of duties and GST owed, Singapore Customs said on Thursday (Sept 19). Alfred James was ...

Posted on 19/09/2024

Singapore stocks rise to 2007-level highs, cheered by US rate cut; STI up 1.1%

Of the 30 counters on the local benchmark index, just three end flat while 27 are in the black Read more at straitstimes.com.

Posted on 19/09/2024

Singapore’s Princeton Digital Group unveils $1 billion programme to expand data centre capacity to 230 MW in Mumbai and Chennai

Princeton Digital Group invests $1 billion in India, expanding data center capacity to 230 MW, part of $5 billion Asia program.

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