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Tag: business

Posted on 31/12/2024

Indian conglomerate to exit $2 billion joint venture with Singapore-based company

SINGAPORE: India’s Adani Group has announced its decision to exit its consumer goods joint venture with Singapore-based Wilmar International in a deal valued at $2 billion. The divestment aligns with ...

Posted on 31/12/2024

India’s Adani group to exit consumer goods joint venture with Singapore’s Wilmar in $2 billion deal

India's Adani group is exiting its consumer goods joint venture with Singapore's Wilmar International in a $2 billion deal as it looks to bolster its infrastructure business. The divestment marks the ...

Posted on 30/12/2024

Adani group to exit consumer goods joint venture with Singapore’s Wilmar in $2 billion deal

India's Adani group will exit the consumer goods joint venture with Singapore's Wilmar International in a deal valued at $2 billion as the Indian conglomerate focuses on core infrastructure business.

Posted on 30/12/2024

Matrixport unveils new crypto structured product

Matrixport, a crypto financial services firm headquartered in Singapore, has launched a new structured product called DNT (Double No Touch), which promises higher returns when used wisely during ...

Posted on 30/12/2024

Singapore boosts maritime, aviation hub role as cargo flows shift and supply chain risks rise

told The Straits Times that efforts are being made to speed up the time taken for air-sea intermodal transshipments via Singapore in 2025, and incentivise leading logistics providers to expand their ...

Posted on 30/12/2024

Watchers expect Singapore’s ‘election Budget’ to tackle cost of living with generous handouts

Budget 2025 could tip towards addressing immediate challenges such as the cost of living, said political watchers. Read more at The Business Times.

Posted on 29/12/2024

Singapore declares former tycoon Lim Oon Kuin bankrupt after oil empire collapses

Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire.

Posted on 29/12/2024

Use current momentum to rejuvenate the Singapore bourse

SINGAPORE – Is the underperforming Singapore bourse finally about to wake up? The Singapore Exchange’s (SGX) total securities market turnover value rose 51 per cent year on year to $30.2 billion in ...

Posted on 28/12/2024

Singapore leads Hong Kong in race to be crypto hub

Singapore has overtaken Hong Kong in 2024 as a leading digital-assets hub, while its rival financial center struggles to gain momentum.

Posted on 28/12/2024

This Week In Crypto: SBF Pardon Rumors, EU Delists USDT, Ripple Donates to Trump, Singapore Industry Grows

Major crypto updates include SBF pardon rumors, EU delisting Tether, and Ripple’s $5 million donation to Trump’s inauguration.

Posted on 28/12/2024

Singapore’s central bank chief on crypto, AI and battling inflation

AS THE central bank of a leading global financial powerhouse, the Monetary Authority of Singapore’s (MAS) policy decisions can have a wide-ranging impact on the global economy and financial sector.

Posted on 28/12/2024

Budget 2025 wish list: Carving a niche for Singapore on the global stage

More support wanted to ensure growth and stability for companies, workforce and Singapore’s economy. Read more at straitstimes.com.

Posted on 28/12/2024

Fallen Crypto Tycoon Do Kwon to Be Extradited to U.S.

Do Kwon, whose TerraUSD and Luna cryptocurrencies collapsed in a $40 billion crash in 2022, should be extradited to the U.S. rather than his native South Korea, according to a dec ...

Posted on 28/12/2024

S Korean crypto-boss Do Kwon to be extradited to US

South Korean cryptocurrency entrepreneur Do Kwon will be extradited to the United States from Montenegro over the collapse of two digital tokens - TerraUSD and Luna tokens. For months, the US and ...

Posted on 28/12/2024

Singapore factory output growth speeds up in November but 2025 outlook remains cloudy

Key electronics industry likely got a boost from front-loading ahead of possible US tariff hikes. Read more at straitstimes.com.

Posted on 27/12/2024

Director of household appliances company fined S$280,000 for evading GST, falsifying documents

SINGAPORE: A director of a firm that sells household appliances has been fined S$280,000 (US$206,000) for fraudulently evading Goods and Services Tax (GST) on imported goods and falsifying documents.

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