Since last year, you find everyone monitoring the Treasury Bills (T-Bills) monthly like clockwork. It’s the time of the month where many will park their cash on a short-term security to earn better ...
Company and 2 directors fined over illegal import of meat products from China
Long Yue Teng Trading Pte Ltd was fined $29,000 on July 18 for the possession of illegally imported meat products intended for sale and the unauthorised disposal of detained items. Read more at stomp.
Hyundai launches second made-in-Singapore electric car, expands charging options
Separately, Hyundai is expanding charging options for owners of its EVs. An agreement has been signed for SP Mobility to be the second provider of destination charging – that is, charging outside the ...
Singapore sends rescue teams to help crew of oil tankers on fire
Two oil tankers have caught fire about 55 km (34 miles) northeast of the Singaporean island of Pedra Branca, the Maritime and Port Authority of Singapore (MPA) said on Friday.
Who is Guo Wengui and why is Singapore blocking social media accounts linked to him?
The exiled billionaire teamed up with Donald Trump’s former adviser Steve Bannon to set up a political movement aiming to overthrow China's Communist Party.
Singapore orders social media sites to block 95 accounts, in first such use of foreign interference law
FIVE social media platforms have been directed by the authorities to block a network of 95 accounts that published coordinated posts spreading allegations that Singapore is being controlled by China.
Pundi X unveils new AI-powered crypto payments solution for merchants
Pundi X Pay for merchants is a solution that allows customers to pay at physical stores via an AI-powered omni QR code layer ...
Singapore fintech startup draws $4.5 million in latest funding round
SINGAPORE: Singapore-based fintech startup PEXX has successfully raised $4.5 million in a seed funding round. The funding round was led by TNB Aura and saw participation from venture capital firm ...
Singapore’s economy grows by 2.7% in Q1 2024
SINGAPORE: Singapore’s economy experienced a 2.7% growth ... remained in expansionary territory as of May, indicating positive business sentiment. The services sector played a significant role in the ...
Germany’s longstanding popularity with Singapore companies gets new boost
marketing and business matching in Europe, as well as facilitating projects and discussions and securing leads. This was up from 190 in 2022 and 150 in pre-Covid 2019. On average, the number of ...
Singapore’s Umami Bioworks in US cell-based pet-treats venture
Singapore-based cultivated-seafood business Umami Bioworks has inked a deal with US firm Friends & Family Pet Food Co. (FnF) to create lab-grown fish treats for cats. Claiming a world first for such a ...
More Singapore businesses aware of and benefited from free trade agreements in 2023: SBF
according to the Singapore Business Federation’s Free Trade Agreement Survey 2023. The survey was conducted between October and December 2023. More than 800 businesses across industries in Singapore ...
Singapore continues to see strong growth in wealth inflows; MAS working to reduce wait time
SINGAPORE continues to see strong growth momentum for wealth inflows, even as financial institutions stepped up onboarding processes in the wake of the S$3 billion money laundering case uncovered last ...
Singapore sees growth in assets management, debt market last year
SINGAPORE, July 18 (Xinhua) -- Singapore's asset management volume reached 5.41 trillion Singapore dollars (4 trillion U.S. dollars) by 2023, a 10 percent growth from the previous year, according to ...
These Return Metrics Don’t Make Genting Singapore (SGX:G13) Look Too Strong
And from a first read, things don't look too good at Genting Singapore (SGX:G13), so let's see why. If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. Analysts use ...
Bitcoin L2s help crypto miners in Asia supplement income with staking
Bitcoin L2s remain crucial to the Asian crypto ecosystem, offering miners new revenue streams after the most recent halving. One crypto narrative that has garnered significant traction across the ...