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Tag: business

Posted on 08/05/2024

Singapore urged to increase renewable grid interconnection investment

Singapore should focus on increasing its investment in renewable grid interconnection to double its renewable energy imports, supporting its energy transition and bringing the cost of its electricity.

Posted on 08/05/2024

US revokes Intel, Qualcomm’s export licenses to sell to China’s Huawei, sources say

By Alexandra Alper, Fanny Potkin and David Shepardson WASHINGTON/SINGAPORE (Reuters) -The U.S. has revoked licenses that allowed companies including Intel and Qualcomm to ship chips used for laptops ...

Posted on 08/05/2024

Singapore’s DBS appoints Ping An Technology CEO as chief information officer

SINGAPORE, May 8 (Reuters) - Singapore's biggest bank DBS Group (DBSM.SI) , opens new tab said on Wednesday that it has appointed Ping An Technology's chairman and CEO Eugene Huang as its chief ...

Posted on 08/05/2024

Number of millionaires in Singapore soars by over 60%, making SG the 4th wealthiest nation in the world

SINGAPORE: Singapore has seen an unprecedented surge in its millionaire population over the past decade,... The post Number of millionaires in Singapore soars by over 60%, making SG the 4th wealthiest ...

Posted on 08/05/2024

Shell to sell Singapore refinery, petrochemical assets to Chandra Asri and Glencore

The buyer of Shell's assets on Bukom and Jurong islands would gain a foothold in Asia's main oil trading hub but would also face competition from newer refineries elsewhere - the Bukom facility opened ...

Posted on 08/05/2024

Oil giant Shell sells Singapore refinery it built on Bukom island over 60 years ago

The sale of Shell’s assets in Singapore include the refinery on Bukom island, which opened in 1961, and a plant that produces mono-ethylene glycol on Jurong island.

Posted on 08/05/2024

Singapore’s crypto trading platform QCP Capital gets approval to operate in Abu Dhabi

Singapore’s crypto trading platform QCP Capital has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) to conduct ...

Posted on 08/05/2024

Online casino guide platform finds Singapore ninth-most ‘crypto-friendly’ country globally

The platform measures “crypto-friendliness” through percentage of population holding cryptocurrencies, among others.

Posted on 08/05/2024

Shell sells Singapore assets at Pulau Bukom, Jurong Island after strategic review

SINGAPORE - Oil giant Shell has agreed to sell its energy ... The plants together represented Shell’s largest petrochemical production and export center in the Asia Pacific region. Join ST's Telegram ...

Posted on 08/05/2024

SMEs can benefit from Johor-Singapore SEZ too: Alvin Tan

Ideas mooted under the zone include a passport-free QR code system to speed up immigration clearance and a one-stop business and investment service centre in Johor to make it easier for Singapore ...

Posted on 08/05/2024

How Singapore’s average salary ranks worldwide

Living costs are considerably higher in Singapore than in the US ... Fabrice Coffrini/AFP/Getty Images Switzerland's average annual salary after tax: $78,712 (£62,352) Switzerland boasts the world's ...

Posted on 08/05/2024

Singapore studies proposals to revive its struggling stock market

SINGAPORE: Singapore studies proposals to revive its struggling stock market amidst concerns over its lagging... The post Singapore studies proposals to revive its struggling stock market appeared fir ...

Posted on 08/05/2024

Unveiling Print That Now: The Go-To Singapore Printing Company

In the bustling city-state of Singapore, where business thrives amidst innovation and competition, having a strong visual presence is key. Enter Print That Now, the premier destination for top-notch ...

Posted on 08/05/2024

Amazon To Pump $9 Bln Investment Into Singapore’s Cloud Infrastructure

(RTTNews) - Amazon.com's (AMZN) Amazon Web Services is planning to invest 12 billion Singapore dollars, equivalent to $9 billion, to develop Singapore's cloud computing infrastructure over the next ...

Posted on 07/05/2024

Singapore is world’s 4th wealthiest city, overtaking London: Report

Singapore has become one of the world’s top destinations for migrating millionaires. Read more at straitstimes.com.

Posted on 07/05/2024

Amazon pledges to invest US$9 billion to amplify its cloud investment in Singapore.

In a strategic move to bolster its presence in Southeast Asia, Amazon.com Inc has announced plans to invest a staggering US$9 billion (RM42.66 billion) into expanding its cloud computing ...

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