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Tag: business

Posted on 26/02/2024

Singapore middle distillates stocks fall as diesel/gasoil net exports rise

Singapore's middle distillates stockpiles slipped week-on-week as net exports of diesel/gasoil rose, official data showed on Thursday.Inventories of diesel/gasoil and jet fuel/kerosene at key oil ...

Posted on 26/02/2024

Singapore shares begin week in the red amid profit-taking; STI down 0.4%

Across the broader market, decliners outnumbered advancers 325 to 241, with 1.8 billion securities traded. Read more at straitstimes.com.

Posted on 26/02/2024

Hotels, flights booked out as ‘Swift effect’ hits Singapore

The "Swift effect" is about to hit Southeast Asia but Singapore has left some of its neighbours seeing red while it profits from a Taylor-made tourism boom as the star's only stop in the region.

Posted on 26/02/2024

Experts warn of delays to Indonesian electricity exports to Singapore

Experts have warned that Indonesia could face delays in realizing its exports with consequences weighing more on itself rather than its counterparts in Singapore. “From the start, I saw this would be ...

Posted on 26/02/2024

Taylor Swift’s six shows estimated to boost Singapore’s economy by up to S$500 million

Find out more about subscription packages here. POP star Taylor Swift’s six concerts in March could boost Singapore’s economy by up to S$500 million in tourism receipts, according to economists’ ...

Posted on 25/02/2024

Rats in Singapore: 2 can become 2 million in 2 years if there is no intervention

Rats regularly make headlines here, with rodent infestations presenting a complex problem which needs a multi-faceted approach. Read more at straitstimes.com.

Posted on 25/02/2024

Vietnam becomes Singapore’s 10th largest trading partner

Vietnam became the 10th largest trading partner of Singapore in January, with two-way trade turnover reaching over SGD2.9 billion (US$2.16 billion), up 18.08% over the same period last year, according ...

Posted on 25/02/2024

Coinbase: Over Half of Finance-Savvy Singaporeans Own Crypto and View it as Future of Finance

More than half of finance-savvy Singaporeans have embraced cryptocurrency and consider it the future of finance.

Posted on 25/02/2024

Singapore probes remittance firm on suspected fraudulent trading

Singapore-based remittance firm Samlit Moneychanger Pte. is being investigated for offences including suspected fraudulent trading, marking the most significant development yet in a fund-freeze ...

Posted on 24/02/2024

Geography, convenience, and political stability: Why music stars like Taylor Swift come to Singapore

SINGAPORE - Concerts are big business, and experts say Singapore is solidifying its position in the global entertainment space, especially off the back of two sold-out six-concert runs helmed by ...

Posted on 24/02/2024

Budget boost for firms to help Singapore stay competitive even after global tax kicks in

The refundable investment credit will support high-value manufacturing, innovation, R&D and more. Read more at straitstimes.com.

Posted on 24/02/2024

Singapore Budget cuts costs for businesses, keeps focus on long-term economic goals

Building the capabilities of businesses and staff remains an ongoing effort, said roundtable experts. Read more at straitstimes.com.

Posted on 24/02/2024

Singapore SMEs need MNC contracts to escape ‘the small size trap’

Leaving it to market forces will not lead to flourishing courtships between MNEs and local SMEs. Read more at straitstimes.com.

Posted on 24/02/2024

Singapore investigates money changer over suspected fraudulent trading

Samlit’s director and compliance manager have been placed under investigation as the scandal-hit the company seeks to discontinue its business.

Posted on 23/02/2024

Singapore’s core inflation falls to 3.1% in January on smaller food and services price hikes

Core inflation is, however, expected to pick up in February, reflecting the effects of Chinese New Year spending.

Posted on 23/02/2024

Singapore core inflation eases to 3.1% in January, but February data may pick up on CNY effect

SINGAPORE (The Straits Times/ANN): Consumer prices have eased ... They added: “Thereafter, core inflation should resume a gradual moderating trend over the rest of the year as import cost pressures ...

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