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Tag: business

Posted on 04/09/2024

Stock market today: Wall Street slumps following weak manufacturing data; Dow drops 500 points

U.S. stocks are slumping Tuesday following a disappointingly weak start to a week full of updates on the economy. The S&P 500 was 1.3% lower in morning trading, coming off a winning week that had carried it to the cusp of its all-time high .

Posted on 04/09/2024

Singapore’s tax revenue up 17%, with over S$80 billion collected

SINGAPORE: Singapore collected S$80.3 billion (US$61.4 billion) in tax revenue for the 2023/2024 financial year, a 17 per cent increase from the previous year. This increase re ...

Posted on 04/09/2024

Singapore sees tax revenue surge to S$80.3b, up 17pc year-on-year

Property tax made up 7.4 per cent of the revenue collection, totalling S$5.9 billion. Stamp duty collection decreased by S$0.1 billion to S$5.8 billion, reflecting a lower volume ...

Posted on 04/09/2024

Singapore’s CapitaLand aims to more than double India funds under management by 2028 to $11.3 bn

Singapore's CapitaLand Investment said on September 4 it aims to more than double its funds under management in India by 2028 from S$7.4 billion ($5.66 billion) as of June 30. This will contribute to ...

Posted on 04/09/2024

Singapore needs better workspaces to make burnt out citizens happy

The city-state requires more than a well-stocked pantry to deal with extreme exhaustion. The price of success is nowhere more evident than in Singapore, where people work long hours to enjoy one of ...

Posted on 04/09/2024

Indian PM Modi to start 2-day Singapore visit on Wednesday

Indian Prime Minister Narendra Modi will meet with Singapore counterpart Lawrence Wong during a two-day visit to the city-state starting on Wednesday, Singapore's government said.

Posted on 04/09/2024

India’s PM Modi to make fifth official visit to Singapore

Duriong his two-day visit, a trip made at the invitation of Singapore Prime Minister Lawrence Wong, Mr Modi will receive an official welcome at the Parliament House and call on President Tharman ...

Posted on 04/09/2024

India’s Modi expected to usher in new era of bilateral agreements in Singapore visit

The Indian prime minister had also visited Italy, Russia, Ukraine, Poland and Brunei in the last three months since his reelection.

Posted on 04/09/2024

JLL: Changes in land betterment charges reflect “underlying weaknesses” in the Singapore property market

SINGAPORE: Recent changes to Singapore’s land betterment charges (LBC) have reflected “underlying weaknesses” in the property market, according to property consultancy company JLL. The Singapore Land ...

Posted on 03/09/2024

OKX Secures Comprehensive Crypto License in Singapore

Crypto exchange OKX has officially received a full operational license in Singapore, marking a significant expansion of its capabilities to facilitate cryptocurrency trading and cross-border financial ...

Posted on 03/09/2024

Oil prices fall as demand concerns overshadow Libyan export halt

By Colleen Howe and Emily Chow SINGAPORE (Reuters) -Brent oil prices fell on Tuesday as sluggish economic growth in China, the world's biggest crude importer, increased worries about demand that ...

Posted on 03/09/2024

Some money changers in Singapore see business boom despite strengthening ringgit

Haleem said it hasn't affected his business much as there is still a need for them to carry cash. In February, the ringgit plunged to a 26-year-low at RM3.573 against the Singapore dollar. To revive ...

Posted on 03/09/2024

OKX earns Singapore crypto license, names former regulator as new CEO

OKX SG receives MPI license from Singapore's MAS, appoints Gracie Lin as CEO to lead digital payment token and cross-border services.

Posted on 02/09/2024

Henley Crypto Adoption Index 2024: Singapore Leads Global Crypto Adoption, UAE and Hong Kong Follow

A new report from investment immigration consulting firm Henley & Partners reveals that Singapore is the global leader in cryptocurrency adoption. The report, part of the Henley Crypto Adoption Index ...

Posted on 02/09/2024

Why You Should Buy Gold Bars and Consider a Singapore Safe Deposit Box for Storage

When you are concerned with purchasing gold, you may be confused on why it is advisable to invest in gold bars. Also, gold bars have been considered a ...

Posted on 02/09/2024

OKX Singapore gets major payment institution licence and taps former Grab executive as CEO

The licence will allow OKX to offer digital payment token and cross-border money transfer services. Read more at straitstimes.com.

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