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Tag: business

Posted on 02/06/2025

High-tech equipment maker VDL ETG opens new facility in Singapore

SINGAPORE] VDL Enabling Technologies Group (VDL ETG), a Dutch contract manufacturer for high-tech capital equipment, opened a new building in Jurong on Monday (June 2), and plans to invest S$100 ...

Posted on 02/06/2025

Singapore shares fall after Trump vows to double steel tariffs; STI down 0.1%

Local telco Singtel is the most actively traded counter by volume. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/06/2025

Singapore MAS Crypto Crackdown: Firms Must Stop Serving Overseas Clients by June 30

The MAS has given crypto firms just four weeks to register for a license to offer cross-border services. Service providers pushed back, calling the timeline ...

Posted on 01/06/2025

Singapore remains India’s top FDI source for 7th consecutive year

Singapore has maintained its position as India's leading source of foreign direct investment (FDI) for the seventh consecutive year, with inflows reaching $15 billion in 2024-25.

Posted on 01/06/2025

Foreign traveller, 55, caught making inaccurate declaration when moving S$399,965 into S’pore

On May 23, 2025, a 55-year-old male foreign traveller was detected making an inaccurate declaration when moving cash consisting of S$399,965 and MYR1,621 into Singapore. The cash is suspected to be ...

Posted on 01/06/2025

Over 170 travellers nabbed for evading GST, smuggling large sums of cash in island-wide operation

More than 170 travellers were caught across Singapore's land, air, and sea checkpoints for smuggling cash and evading tax payments on imported goods in a week-long multi-agency enforcement operation.

Posted on 01/06/2025

S-Reits with Singapore office assets post resilient Q1 2025 amid positive rent reversions and high occupancy

SINGAPORE] Singapore-listed office real estate investment trusts (S-Reits) reported a broadly resilient performance in the first quarter of 2025, underpinned by positive rental reversions, stable ...

Posted on 01/06/2025

Singapore retains top spot as India’s largest FDI source for seventh straight fiscal

The total FDI, which includes equity inflows, reinvested earnings and other capital, grew by 14 per cent to USD 81.04 billion during the last financial year ...

Posted on 31/05/2025

Nearly 200 travellers fined for not declaring large cash amounts, evading GST and taxes on tobacco

Authorities conducted enhanced checks across land, air, and sea checkpoints during an operation in May. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 31/05/2025

Singapore: 1.2 Ton Illegally Imported Fresh, Processed Produce Seized at Tuas Checkpoint

The Singapore Food Agency (SFA) and Immigration & Checkpoints Authority (ICA) jointly conducted an operation on May 28 and 29 on delivery trucks.

Posted on 31/05/2025

1.2 tonnes of illegally imported fresh and processed produce seized at Tuas Checkpoint

About 1.2 tonnes of fresh and processed produce illegally imported from Malaysia were seized at Tuas Checkpoint. On May 28 and 29, a joint operation by the Singapore Food Agency (SFA) and Immigration ...

Posted on 31/05/2025

EMA grants conditional licence to RGE, TotalEnergies’ Indonesian solar project to import electricity to Singapore

SINGAPORE] The Energy Market Authority (EMA) on Friday (May 30) granted a conditional licence to Singa Renewables, a joint venture (JV) between RGE and TotalEnergies, to import 1 gigawatt (GW) of ...

Posted on 30/05/2025

Singapore taps TotalEnergies-RGE JV for subsea link to import clean power from Indonesia

SINGAPORE (Reuters) -A Singapore government-appointed company will develop a subsea interconnector with Singa Renewables, a joint venture between Royal Golden Eagle (RGE) and France's TotalEnergies ...

Posted on 30/05/2025

Singapore Clears 1GW of Solar Imports from Indonesia

Singapore took a step toward importing up to 1 gigawatt of solar power from Indonesia, part of the tiny city-state’s efforts to shore up energy security via cross-border links.

Posted on 30/05/2025

EMA grants conditional licence to RGE, TotalEnergies’ Indonesian solar project for electricity import to Singapore

SINGAPORE] The Energy Market Authority (EMA) on Friday (May 30) granted a conditional licence to Singa Renewables, a joint venture between RGE and TotalEnergies, to import 1 gigawatt (GW) of ...

Posted on 30/05/2025

Asean grid makes headway with plans for new electricity interconnector from Indonesia to S’pore

S'pore has also appointed a new government-linked company to oversee the development of interconnections. Read more at straitstimes.com. Read more at straitstimes.com.

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