This comes as data centres worldwide are struggling to meet the demands of artificial intelligence. Read more at straitstimes.com.
Leading Singapore property developer CEO says simplicity beats complexity when it comes to design: ‘Boring is okay’
GuocoLand's Guoco Midtown mixed use development boasts occupancy rates of over 90% despite its more simple looking facade.
Singapore shares rise at Tuesday’s open; STI up 0.3%
SINGAPORE stocks began trading in positive territory on Tuesday (Nov 19). As at 9.02 am, the Straits Times Index (STI) rose 12.35 points or 0.3 per cent to 3,744.9. Across the broader market, gainers ...
Singapore may miss 2024 key exports forecast as October disappoints with 4.6% drop
Electronic exports increased 2.6 per cent year on year in October, a rebound from the 0.7 per cent decline in the previous month. Integrated circuits – also known as chips or semiconductors – which ...
A Singapore oil magnate faces prison in a major fraud case over financing trade
A Singapore oil magnate has been sentenced to 17.5 years in prison for fraud and forgery in a case that prosecutors said has tarnished the city-state’s reputation as Asia’s leading oil trading hub ...
Singapore stocks fall after Wall Street sell-off; STI down 0.3%
SINGAPORE - Equities in Singapore ended their three-day winning streak to finish Nov 18 lower, after a sell-off on Wall Street on Nov 15 as investors turned cautious amid inflation worries under a ...
CM Mohan Charan Majhi urges Singapore business leaders to explore Odisha
BHUBANESWAR: Chief Minister Mohan Charan Majhi on Sunday urged Singapore-based investors and industry leaders to strengthen strategic collaborations with Odisha which is emerging as one of the best ...
Singapore key exports disappoint with 4.6% fall in October
Electronic exports increased 2.6 per cent year on year in October, a rebound from the 0.7 per cent decline in the previous month. Integrated circuits – also known as chips or semiconductors – which ...
Data centre Reit listings may come calling for Singapore’s equity market as conditions turn favourable
THE data centre race is heating up, driven by rising interest in artificial intelligence (AI). And Singapore’s equity market could be a beneficiary, as operators look to the city-state as an enticing ...
JobStreet: Singapore workers slow to embrace AI, only 53pc willing to reskill to stay relevant
A recent JobStreet report, featured by the Singapore Business Review, highlights a concerning lag in AI adoption among Singaporean workers, with many reluctant to reskill for an AI-driven future. The ...
Woman fined $5k for failing to declare items such as branded bags, Labubu after flying back from UK
A woman was fined $5,000 for failing to declare items including branded bags and Labubu after returning to Singapore from UK. She had flown back from a London business trip and failed to truthfully ...
Singapore Keeps Tax Incentives Open as Global Minimum Tax Looms
The Singapore Parliament passed a bill aimed at allowing companies to continue to qualify for investment tax incentives as the country prepares to implement a new global minimum tax.
Crypto.com acquires Fintek Securities Pty Ltd. in punt into Australian market
Crypto.com, a Singapore-based Crypto exchange operator, has announced today the acquisition of Fintek Securities Pty Ltd. This announcement comes exactly two weeks after it announced the acquisition ...
Global crypto market tops $3 trillion on hopes of Trump-fuelled boom
The global cryptocurrency market's value has topped $3 trillion as the election of Donald Trump as U.S. president spurred bets that friendlier U.S. regulation could usher in a new boom for all corners ...
Singapore stocks extend gains on Nov 15; STI up 0.2%
There were few viable leads for investors to grasp on Nov 15 after the US Federal Reserve opted for a slow and steady approach to interest rate cuts, but local shares still managed to rise for the ...
Travellers fined nearly $3.5m for tax evasion: Branded bags, jewellery, Labubu among undeclared items
From January to October this year, 13,099 travellers were caught across Singapore's air, land and sea checkpoints for evading Goods and Services Tax (GST) payments. A total of $3,471,043 in fines was ...