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Tag: business

Posted on 13/05/2024

XREX Singapore Gets MAS Greenlight for Crypto Payments License

XREX Singapore has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS).

Posted on 13/05/2024

Singapore stocks started on a lower note on Monday—STI slipped 0.1%

SINGAPORE: Singapore stocks started on a lower note on Monday despite some modest gains on... The post Singapore stocks started on a lower note on Monday—STI slipped 0.1% appeared first on The Indepen ...

Posted on 13/05/2024

Singapore’s GenAI Paradox: Business Boom vs. Public Skepticism

A fascinating paradox is unfolding in the heart of Singapore's tech-savvy landscape. Businesses are diving headfirst into the GenAI pool, lauding its transformative potential. Meanwhile, the general ...

Posted on 13/05/2024

Cordlife to cancel private placement; MOH highlights importance of having Singapore-based directors

AGM will decide if three local directors will be replaced amid a shareholder tussle. Read more at straitstimes.com.

Posted on 13/05/2024

Rex diversifies business for longer-term growth but banks on oil and gas for short-term value

Diversifying into other areas offering growth might pay dividends in the future. Read more at straitstimes.com.

Posted on 13/05/2024

Pro-XRP Lawyer Draws Differences In Japan and US Crypto Regulation

Pro-XRP lawyer John Deaton has drawn differences in the crypto regulation measures between Japan and the United States ...

Posted on 12/05/2024

Deloitte, KPMG in Singapore to raise starting salaries for some accounting roles

TWO of the biggest professional services firms in Singapore, Deloitte and KPMG, will be raising their starting salaries for certain accounting functions, in line with recommendations by an industry ...

Posted on 12/05/2024

Chandra Asri’s purchase of Shell Singapore refinery brings scale, risk

The value of the deal was not disclosed but Jefferies estimated sale proceeds of US$300m - US$500m Read more at straitstimes.com.

Posted on 12/05/2024

Handing over Singapore in good order: The legacy of Lee Hsien Loong

Singapore’s third Prime Minister Lee Hsien Loong’s tenure has left its mark on the political and societal landscape of Singapore, with a pivot towards a softer, more collaborative approach to ...

Posted on 12/05/2024

Singapore maps 2040 tourism vision while keeping global trends in sight

Singapore’s tourism leadership has unveiled its vision for the industry across the next two decades while highlighting a global landscape fraught with intensive competition for the tourism dollar and ...

Posted on 11/05/2024

Three Arrested For Evading Over SGD 700,000 In Taxes; Vehicles, More Than 6,400 Cartons Of Duty-Unpaid Cigarettes Seized By Customs

Singapore Customs conducted operations at Serangoon North Avenue 4 and Gul Circle as part of its ongoing efforts to detect and deter tax and duty evasion, an official news release said. During the ...

Posted on 11/05/2024

Russia reaches record level of oil product exports to Singapore – Reuters

Russia has increased its exports of oil products to Singapore to a record level this year. It is expected that this tendency will continue in the future, Reuters reports. Reuters states that Singapore ...

Posted on 11/05/2024

Singapore has ‘moved very far towards better social safety nets’ over last 20 years, says PM Lee

In his 20-year tenure, the government has made a “very considerable” effort with policies such as ComCare for the needy and Workfare which focuses on low-wage workers, says Prime Minister Lee Hsien ...

Posted on 11/05/2024

From Singapore to Malaysia, in Asia’s work-from-home tug of war, have Gen Z got the upper hand?

From Singapore and Malaysia to Indonesia and the Philippine's traffic-clogged capitals, young professionals are demanding a better work-life balance The change is also set to benefit the 'Sandwich ...

Posted on 11/05/2024

Genting Singapore nearly doubles Q1 net profit to $247.4m on CNY tourism spending

RWS generated more revenue on increased visitorship and tourism as Chinese visa regulations were eased Read more at straitstimes.com.

Posted on 10/05/2024

Genting Singapore nearly doubles Q1 net profit to S$247.4 million on CNY tourism spending

RESORTS World Sentosa (RWS) operator Genting Singapore on Friday (May 10) reported a net profit of S$247.4 million for the first quarter ended March, an increase of 91.5 per cent from S$129.2 million in the previous corresponding period.

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