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Tag: business

Posted on 29/12/2023

Singapore fuel oil inventories up 2.6% at two-week highs

Exports out of Singapore dip 26% from last week * Imports mostly from Brazil, Japan and UAE * Inter-month price spreads weaken in recent weeks By Jeslyn Lerh SINGAPORE, Dec 28 (Reuters) - Onshore ...

Posted on 29/12/2023

Singapore’s middle distillates stocks little changed despite dip in net exports

Singapore's middle distillates stockpiles were little changed week-on-week, even as net exports of both gasoil/diesel and jet fuel/kerosene dipped for the first time in three weeks and two weeks, ...

Posted on 28/12/2023

2 teenagers among 4 people nabbed at Tuas Checkpoint for allegedly importing e-vaporisers from Johor Bahru

Four men between 16 and 24 years old have been arrested for allegedly bringing in e-vaporisers from Malaysia via the Tuas Checkpoint on Dec 21, two days after Singapore authorities ...

Posted on 28/12/2023

Four men, including two teens, detained for importing e-vaporisers

They had purchased the e-vaporisers from a shopping mall in Johor Bahru and tried to enter Singapore. Read more at straitstimes.com.

Posted on 28/12/2023

Singapore Welcomes World ID Verification Debut As Worldcoin Struggles In Red Zone

Worldcoin's efforts seem to have been paying off slowly, with its crypto WLD seeing impressive gains over the past 30 days.

Posted on 28/12/2023

Suez Canal reroutes have mixed impact on Singapore SMEs so far

AS CONFLICT in the Red Sea causes ships to be rerouted away from the Suez Canal, some imports from Europe to Singapore may face delays and higher costs, said industry observers – though it is still ...

Posted on 28/12/2023

Singapore’s F&B groups delay, scrap new outlet openings amid tough conditions

SOME food and beverage (F&B) operators in Singapore are delaying or even scrapping plans for new outlets this year-end season, in contrast to the usual flurry of openings in previous years. Read more ...

Posted on 28/12/2023

Expectations mixed on Singapore’s monetary moves in 2024, even as core inflation is set to cool

SINGAPORE is set to enter a phase of disinflation in 2024, after two years of rapid price increases in the wake of the Covid-19 pandemic. Economists are divided over how monetary policy will shape up, ...

Posted on 28/12/2023

Just-In: Sam Altman’s Worldcoin Launches Orb Verification In Singapore

Sam Altman's Worldcoin gains significant traction globally as the community unveiled Orb verification launch in Singapore.

Posted on 28/12/2023

Why Zug Is Ranked as the Top Global Crypto Hub of 2023

"CoinDesk Daily" host Jennifer Sanasie discusses the top cities ranked in CoinDesk's Crypto Hubs list this year, which evaluated places based on the ability to live freely and work smart in Web3 and ...

Posted on 28/12/2023

Cryptocurrency Hedge Funds Gearing for Strong 2024 after Last Year’s Crypto Winter

After the brutal crypto winter of 2022, crypto hedge funds saw strong recovery this year. For 2024, they seek to raise exposure to altcoins.

Posted on 27/12/2023

Bybit and Wintermute optimistic about options trading as crypto market rebounds

In the wake of the recent crypto market resurgence, Bybit and Wintermute, key players in the industry, have expressed optimism about the future of options trading.

Posted on 27/12/2023

Hong Kong takes the lead as Asia’s crypto hub in 2023— here’s why

Hong Kong has solidified its position as a burgeoning hub for cryptocurrency and Web3 innovation in a noteworthy move. It is important to know that June marked the initiation of the city’s official ...

Posted on 27/12/2023

Singapore’s Whampoa Digital, Wemade to Establish $100M Web3 Fund to Support Crypto-Asset Initiatives in Middle East

Whampoa Digital and Wemade, a Korean gaming company, have entered into a strategic partnership to collaborate on a $100 million Web3 Fund.

Posted on 27/12/2023

Deloitte’s recommendation on SG Budget 2024: Reshape SG’s tax incentives and grants regime

SINGAPORE: Deloitte’s recommendation on the Singapore Budget 2024 involves the “consideration to reshape Singapore’s tax... The post Deloitte’s recommendation on SG Budget 2024: Reshape SG’s tax incen ...

Posted on 26/12/2023

Deloitte proposes tax regime changes in its Budget 2024 wish list

SINGAPORE - Professional services firm Deloitte has called for the Government to reshape Singapore’s tax incentives and grants regime in its Budget 2024 wish list. Read more at straitstimes.com.

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