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Tag: business

Posted on 03/11/2025

Singapore factory activity slips in October as firms take stock of risks ahead

Singapore's manufacturing output slowed in October amidst global risks, while the electronics sector continued its expansion. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 03/11/2025

Singapore drivers turn to long-term rentals and leasing as car prices spiral

Reduced upfront expenditure and increased convenience are driving an uptick, say rental companies and industry observers Read more at The Business Times.

Posted on 03/11/2025

Stronger Singdollar makes ‘long Singapore property, short overseas property’ strategy compelling

DBS’ Singapore 2040 report is bullish on the Republic. It sees the economy doubling, the Straits Times Index reaching nearly 10,000 points and the Singapore currency possibly achieving parity with the ...

Posted on 03/11/2025

Singapore’s CapitaLand and Mapletree Mull Merger, DJ Reports

Two Singapore property asset managers are mulling a merger that could create one of Asia’s largest real estate firms with more than $150 billion under management, Dow Jones reported on Monday.

Posted on 02/11/2025

Singapore, South Korea upgrade ties to strategic partnership

Such partnerships provide ‘stable, predictable framework’ for businesses, says PM Wong Read more at The Business Times.

Posted on 02/11/2025

Singapore Freezes $150 Million in Assets Amid Major Bitcoin Scandal

In a significant financial crackdown, Singapore has frozen assets worth $150 million linked to a vast cryptocurrency scandal involving prominent businessman Che ...

Posted on 01/11/2025

US Treasury Secretary praises Singapore’s digital asset adoption at APEC

US Treasury Secretary Scott Bessent praised Singapore’s leadership in stablecoin and digital asset adoption during a meeting with Prime Minister Lawrence Wong on Friday, according to an official ...

Posted on 31/10/2025

Singapore registry adds 94 ships in September, bucks declining trend since 2016, as US and China tussle over port fees

Shipowners reflagging their fleet to the Republic in an attempt to navigate geopolitical tensions Read more at The Business Times.

Posted on 31/10/2025

New York court backs Singapore liquidators with extended freeze on Multichain assets

A New York federal judge extended a $63 million asset freeze to assist Singapore liquidators in Multichain’s ongoing liquidation case.

Posted on 31/10/2025

Singapore shares fall amid mixed regional trading; STI down 0.2%

Singapore stocks ended lower with the Straits Times Index down 0.2%, as key regional indexes showed mixed performance. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 31/10/2025

Hong Kong pulls ahead of Singapore in race to attract crypto-treasuries: blockchain expert

Hong Kong’s push to regulate crypto platforms is paying off, with Web3 firms shifting headquarters from Singapore, says Gu Ronghui.

Posted on 31/10/2025

New York Court Extends Asset Freeze to Aid Singapore’s Multichain Liquidation

A U.S. court is now handling claims tied to $63 million in frozen Multichain USDC as New York and Singapore coordinate.

Posted on 31/10/2025

Japanese semicon photomask maker Tekscend breaks ground on new Singapore plant, set to create 60 jobs

New plant will be fully operation end-2026 or early 2027; aims to serve customers in Singapore, Malaysia and India Read more at The Business Times.

Posted on 31/10/2025

Singapore bakery chain Twelve Cupcakes, co-founded by former beauty queen Jaime Teo, shutters after 14 years

Twelve Cupcakes, a pastry chain co-founded by 2001 Miss Universe Singapore winner Jaime Teo, has shut down operations in Singapore after 14 years.

Posted on 31/10/2025

Chain bakery Twelve Cupcakes’s sweet journey in Singapore ends in bitter collapse after 14 years

SINGAPORE, Oct 31 — Singapore’s once-popular bakery cafe chain Twelve Cupcakes has gone into provisional liquidation, closing all 20 outlets and laying off around 80 employees without notice. The ...

Posted on 31/10/2025

US, Singapore Courts Team Up to Protect Multichain’s Missing Crypto

"Technology has essentially erased the relevancy in most instances of geographical borders in business transactions," said Alan Rosenberg, a partner at Markowitz Ringel Trusty + Hartog who is an ...

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