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Tag: business

Posted on 05/11/2025

Crypto hit by bitcoin whales dumping US$45b in bets

The original cryptocurrency fell as much as 7.4% to dip below the US$100,000 mark for the first time since June.

Posted on 05/11/2025

APEC gathering opens door for expansion of Korean food exports: minister

Last week's Asia-Pacific Economic Cooperation (APEC) gathering in South Korea served as an opportunity to further boost the country's exports of various agro-livestock products, such as beef and pork, ...

Posted on 05/11/2025

Newly launched iEdge Singapore Next 50 Index posts 18% return in H2 to date

Average daily turnover for these stocks hits S$165 million from Jun 30 to Nov 4 Read more at The Business Times.

Posted on 05/11/2025

Singapore rejects 3% of 1,300 family office applications in past 3 years, minister says

Singapore has blocked 3% out of 1,300 applications filed in the past three years to set up tax-exempt wealth management vehicles for rich families, an official said on Wednesday, responding to ...

Posted on 05/11/2025

Crypto’s retail era rattled with ETFs facing US$89,600 pain point

After billions poured into the easy-to-access exchange-traded funds this year, helping push bitcoin to a record high, the token is suddenly down more than 20% from its recent peak. While most ETF ...

Posted on 05/11/2025

Sunseap founder’s firm teams up with Chinese nuclear giant on Indonesian solar import project

Frank Phuan’s Equator Renewables Asia is set to import clean power from the Riau Islands into Singapore Read more at The Business Times.

Posted on 05/11/2025

Crypto’s retail era rattled with ETFs facing $89,600 pain point

Average cost basis for US Bitcoin ETFs is $89,613 (11% below current price), marking breakeven point. Recent drop aligns with April technical zone where BTC reversed off 2025 low amid prolonged sellin ...

Posted on 05/11/2025

Singapore does not seek for Singdollar to be reserve currency: MAS’ Chia Der Jiun

[SINGAPORE] The Monetary Authority of Singapore (MAS) does not seek for the Singapore dollar to become a reserve currency, said its managing director Chia Der Jiun. The Singdollar lacks important ...

Posted on 05/11/2025

Singapore receives interest from Malaysian firms to export renewable energy through second interconnector

For the city-state to achieve its net-zero carbon emissions target by 2050, the Asean Power Grid’s success is crucial Read more at The Business Times.

Posted on 05/11/2025

BDO quit role supporting Singapore family office linked to scam empire

Two employees resigned as company secretaries to group accused of being part of international fraud last month ...

Posted on 04/11/2025

Singapore Gulf Bank Partners With Fireblocks for Digital Asset Infrastructure

Singapore Gulf Bank (SGB), a licensed digital wholesale bank regulated by the Central Bank of Bahrain, announced it has partnered with Fireblocks to support its digital asset infrastructure for ...

Posted on 04/11/2025

Singapore aims for workplace fairness law to kick in end-2027, from previous estimate of ‘2026 to 2027’

The government will step up education and outreach efforts in the meantime, said Manpower Minister Tan See Leng Read more at The Business Times.

Posted on 03/11/2025

Singapore factory activity slips in October as firms take stock of risks ahead

Singapore's manufacturing output slowed in October amidst global risks, while the electronics sector continued its expansion. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 03/11/2025

Singapore drivers turn to long-term rentals and leasing as car prices spiral

Reduced upfront expenditure and increased convenience are driving an uptick, say rental companies and industry observers Read more at The Business Times.

Posted on 03/11/2025

Stronger Singdollar makes ‘long Singapore property, short overseas property’ strategy compelling

DBS’ Singapore 2040 report is bullish on the Republic. It sees the economy doubling, the Straits Times Index reaching nearly 10,000 points and the Singapore currency possibly achieving parity with the ...

Posted on 03/11/2025

Singapore’s CapitaLand and Mapletree Mull Merger, DJ Reports

Two Singapore property asset managers are mulling a merger that could create one of Asia’s largest real estate firms with more than $150 billion under management, Dow Jones reported on Monday.

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