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Tag: business

Posted on 14/03/2025

Nvidia chip smugglers get bail in $390M fraud case in Singapore

Among the Nvidia smugglers, two men from Singapore were given bail of $600,000 each, and the third man, who was from China, was given bail of $1 million.

Posted on 14/03/2025

Singapore-US business ties: US firms urged to partner local businesses even amid global challenges

US firms are encouraged to maximise opportunities in Southeast Asia, using Singapore as a base. Deputy Prime Minister Gan Kim Yong says local businesses can play a role in strengthening the supply ...

Posted on 13/03/2025

SingPost shareholders vote almost unanimously in favour of selling Australian logistics business

Decision leaves SingPost with ailing postal network operation, room for strategy reset. Read more at straitstimes.com.

Posted on 13/03/2025

Singapore fraud case: Three accused in Nvidia chip export scheme get bail up to S$1m

Three men linked to the export of computer servers to Malaysia that may contain Nvidia chips have been offered bail, with amounts ranging up to S$1 ...

Posted on 13/03/2025

Outlook for record Chinese second-quarter soybean imports may ease supply tightness

By Ella Cao, Mei Mei Chu and Naveen Thukral BEIJING/SINGAPORE (Reuters) - China is poised to receive record soybean imports in the second quarter, traders and analyst said, after delayed Brazilian ...

Posted on 13/03/2025

Up to S$1mil bail offered to three men charged with fraud in Singapore case linked to Nvidia chips

SINGAPORE: Bail has been offered to three men allegedly linked to computer servers exported to Malaysia that might contain Nvidia chips.

Posted on 13/03/2025

Singapore to collaborate with US businesses amid rising protectionism: DPM Gan

U.S. embassy in Singapore catheterised US-Singapore economic relations as enduring and dynamic. Read more at straitstimes.com.

Posted on 13/03/2025

AmCham Singapore launches expanded hub in Shaw Centre

SINGAPORE] The American Chamber of Commerce in Singapore (AmCham) launched its newly expanded AmChamSG Hub at Shaw Centre on Thursday (Mar 13), symbolising the strengthening of ties between the US and ...

Posted on 13/03/2025

Who is Tan Lip-Bu, the Singapore-raised tech titan tasked with steering Intel’s comeback?

Tan Lip-Bu may be one of the most powerful technology executives you've never heard of. As he steps into one of the highest-profile jobs on the planet - CEO of troubled, storied chipmaker Intel - his ...

Posted on 13/03/2025

Temasek acquires nearly 10% stake in Haldiram’s snacks business for US$1 billion

Temasek, Singapore’s state investment firm, has signed a deal to acquire nearly 10% of Haldiram’s snacks business for around US$1 billion, valuing the company at US$10 billion. The deal follows ...

Posted on 13/03/2025

Intel gets new CEO Tan Lip-Bu, a chip industry veteran who grew up in Singapore

Intel on Wednesday (Mar 12) named former board member and chip industry veteran Tan Lip-Bu as its CEO and signalled the struggling but storied chipmaker was unlikely to split up its chip-design and ...

Posted on 13/03/2025

How Much Income Tax Do You Pay in Singapore?

Singapore offers a variety of tax relief options designed to ease the financial burden on individuals. From personal tax rebates to incentives for upgrading your skills, understanding these relief ...

Posted on 13/03/2025

Crypto fans are obsessed with longevity and biohacking: Here’s why

From Vitalik Buterin to Brian Armstrong, many crypto proponents are obsessed with discovering the secret to immortality. We found out why.

Posted on 12/03/2025

Salesforce to invest $1 billion in Singapore over the next five years to stimulate AI adoption

Salesforce planned to deepen its ties with Singapore in the next five years. The company pledged $ 1 billion to the city to accelerate its digital transformation. Salesforce added that the investment ...

Posted on 12/03/2025

Singapore – When Business Partners Want Out: Managing Buyouts And Exits.

Navigating a partner’s exit from a business can be challenging, but with careful planning and execution, it can lead to positive outcomes for all parties involved. The key to success lies in ...

Posted on 12/03/2025

US tech firm Salesforce to invest US$1 billion in Singapore

US cloud software giant Salesforce said Wednesday (Mar 12) it planned to invest US$1 billion in Singapore over the next five years to boost the use of artificial intelligence agents (AI) in the ...

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