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Tag: business

Posted on 06/03/2025

Singapore semicon companies, including startups, can tap new S$500m national fab facility by 2027

Singapore semiconductor companies, including startups, will be able to tap the new S$500 million national fabrication facility announced in Budget 2025. Read more at The Business Times.

Posted on 06/03/2025

Singapore to start S$200 million long-term investment fund for enterprises with longer, complex growth trajectories

SINGAPORE will set up a new S$200 million fund for investing in enterprises with longer or more complex growth trajectories “that require more time to fully realise their potential”, said Minister for ...

Posted on 06/03/2025

Nomura hires Ong Kin Yok as Malaysia, Singapore MD, team head for international wealth

Japan's Nomura Holdings has appointed Ong Kin Yok as managing director and team head for Malaysia and Singapore of its international wealth management business, according to an internal memo seen by ...

Posted on 06/03/2025

Singapore Minister Warns Public Against Crypto as Fraud Cases Surge

Singapore’s Minister of State for Home Affairs warns against crypto investments, citing a 70% rise in fraud losses to $1.1 billion in 2024.

Posted on 06/03/2025

Crypto Fraudsters Can be Fined, Jailed and Now Also ‘Caned’ by Authorities

The government is exploring this option to deter financial crimes and protect citizens from falling victim to crypto fraud.

Posted on 06/03/2025

Singapore to get new regulations to tackle online sale of non-compliant mobility devices

REGULATIONS against online marketplace platforms and retailers selling non-compliant active mobility devices will be introduced here, said Senior Parliamentary Secretary for Transport Baey Yam Keng on ...

Posted on 05/03/2025

Man to face charges over illegally importing 154 replica guns without a permit

The police first received information on sales of replica guns on an e-commerce platform in May 2023. Read more at straitstimes.com.

Posted on 05/03/2025

Man to be charged for suspected involvement in importing 154 replica guns without permit

SINGAPORE: A 44-year-old man will be charged in court for his suspected involvement in importing 154 replica guns into Singapore without a permit, the police said on Wednesday (Mar 5). On May 11, 2023 ...

Posted on 05/03/2025

Malaysia, Singapore & the US to continue working closely on trade involving US-sanctioned chips

"While Malaysia maintains a neutral position on unilateral sanctions, companies operating in Malaysia are advised to be aware of other countries' unilateral export controls which apply to their ...

Posted on 05/03/2025

Singapore offers S$40,000 incentive for electric heavy vehicles; co-funds up to S$30,000 for chargers

Both the incentive and charger grant will run for three years, from 2026 till 2028 Read more at The Business Times.

Posted on 05/03/2025

Singapore rejects separate COE category for private-hire cars, but will further support taxi fleet growth

Taxi fleets may buy or sell their vehicles as used passenger cars; more regulations for larger ride-hail operators Read more at The Business Times.

Posted on 05/03/2025

Singapore shares mirror Asian indices on March 5; STI up 0.2%

It wasn’t much of a boost but the Straits Times Index (STI) did manage to eke out a 0.2 per cent rise on Mar 5 to close up 7.64 points at 3,898.40 with gainers thumping decliners 338 to 205 on trade ...

Posted on 05/03/2025

Alvin Tan: Singapore rejects crypto for SWFs investments over speculation, volatility

During Parliamentary sitting on 5 March, Minister of State for Trade and Industry and MAS Board Member Alvin Tan reaffirmed that cryptocurrencies are unsuitable for Singapore’s sovereign wealth funds ...

Posted on 05/03/2025

Singapore’s ‘30 by 30’ food security goal currently under review, confirms government

The republic is reviewing its strategy to better tackle productivity, cost and demand challenges, said a senior minister of state. To date, food self-production remains below 10 per cent.

Posted on 05/03/2025

Singapore’s private sector returns to growth in February: S&P Global

SINGAPORE -- Business conditions in Singapore's private sector improved in February after a sluggish start of the year, with the seasonally adjusted Purchasing Manager's Index (PMI) rising to 51.0 ...

Posted on 05/03/2025

Inaugural expo held in Singapore as business travel in the region takes off

The pickup in travel this year is not just confined to tourism. Business travel — both commercial and private — is also set for growth. The inaugural Business Aviation Asia Forum and Expo is underway ...

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