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Tag: business

Posted on 02/03/2024

MoU to improve Singapore, M’sia business ties

PETALING JAYA: The Malaysian International Chamber of Commerce and Industry (MICCI) and the Singapore International Chamber of Commerce have formalised a memorandum of understanding (MoU) to deepen ...

Posted on 02/03/2024

Boeing fined $51 million for violating Arms Export Control Act

Singapore, South Korea, Spain, Thailand, Taiwan, Ukraine and the United Kingdom. The State Department found a total of 199 violations of the Arms Export Control Act by Boeing. It said all of the ...

Posted on 02/03/2024

‘We were burning money’, says Ritual Gym co-founder after sudden closure of Singapore branches

SINGAPORE – A day after the sudden closure of all its outlets, Ritual Gym co-founder and chief executive Brad Robinson blamed the Covid-19 pandemic for its business woes. On Feb 29, members of the ...

Posted on 02/03/2024

PropertyGuru reports $1.1 million net profit in Q4 amid higher Singapore revenue

Revenue for the quarter rose 3.5 per cent to $41.5 million from $40.1 million in Q4 FY2022 Read more at straitstimes.com.

Posted on 01/03/2024

Hong Kong’s crypto licensing scheme attracts less interest than Singapore with 24 applicants day after deadline

The SFC saw a jump in last-minute applications, but the number of applicants so far falls far short of the 70 that Singapore saw after a similar regulation Crypto exchanges that have not submitted an ...

Posted on 01/03/2024

Singapore to pump $300 million in tourism as part of broader economic plan

SINGAPORE - Singapore’s tourism industry will receive a $300 million boost as part of a plan to grow the local economy and reinforce its global business hub status. Read more at straitstimes.com.

Posted on 01/03/2024

Bitmain-Backed Crypto Miner Bitfufu Finally Goes Public In SPAC Deal

The Singapore-based crypto mining platform’s debut on the Nasdaq comes as bitcoin is closing in on its all-time high of almost $69,000.

Posted on 01/03/2024

In charting energy transition, Singapore ‘mindful’ of impact on electricity cost: Tan See Leng

We are mindful of the potential impact of the energy transition on electricity prices,” says Minister for Manpower and Second Minister for Trade and Industry Tan See Leng.

Posted on 01/03/2024

Singapore exports up 16.8% in January, far higher than market expectations

Find out more about subscription packages here. SINGAPORE’S key exports in January far exceeded market expectations with a 16.8 per cent year-on-year (yoy) jump, lifted by a surge in the shipment of ...

Posted on 01/03/2024

ExxonMobil, Shell to work with Singapore on carbon capture and storage project

March 1 (Reuters) - Global energy majors Exxon Mobil (XOM.N), opens new tab and Shell (SHEL.L), opens new tab will work with Singapore to develop a cross-border carbon capture and storage (CCS) ...

Posted on 01/03/2024

Singapore puts another S$300 million towards boosting tourism sector

These include a new Sensoryscape path in Sentosa; additions to Resorts World Sentosa, such as the Singapore Oceanarium; and “a strong line-up of leisure and business events”. This year, Singapore will ...

Posted on 01/03/2024

How to earn air miles from your income tax payment in Singapore (Feb 2024)

Every year, many Singaporeans pay the mandatory income tax bill. While some may dread the financial obligation, there may be a silver lining in terms of the opportunity to earn air miles from tax ...

Posted on 01/03/2024

1,400kg of undeclared food imports from Thailand seized: SFA, ICA

Some 1.4 tonnes of illegally imported seafood, vegetables and food products from Thailand were seized by the authorities at Tuas Checkpoint during routine checks on delivery trucks. Officers from the ...

Posted on 01/03/2024

Singapore’s Sky-High Living Costs: A Comparison with Switzerland

The Most Expensive Southeast Asian Country for Living Expenses Singapore has been recognized as one of the most expensive cities to live in the world, alongside Zurich, Switzerland. Switzerland ...

Posted on 01/03/2024

Singapore shares opened on Friday with steady note—STI remains unchanged

SINGAPORE: Singapore shares opened on a steady note on Friday morning, mirroring the global trend despite the overnight upswing in international markets. The Business Times reported that The Straits ...

Posted on 01/03/2024

Crypto.com partners with BTG Pactual to foster crypto accessibility

Crypto.com, a Singapore-based cryptocurrency exchange, has forged a strategic partnership with BTG Pactual, Latin America’s largest investment bank, in a bid to broaden the accessibility of ...

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