Business leaders, experts said if cut-offs are raised too high it will be perceived by multinationals as a tax on foreign talent.. Read more at straitstimes.com. ( read original story ...)
VEGOILS-Palm extends falls on lower EU imports, cheaper rivals
Malaysian palm oil futures fell for a third straight session on Wednesday, tracking weakness in rival Chicago and Dalian oils and weighed down by lower European Union imports. The benchmark palm oil ... ( read original story ...)
Exports for a good cause: Singapore firm eyes overseas beverage and sauce boom to aid charity at home
Singapore-based company U-Group Holdings is eyeing exports of its instant beverages and sauces in Central Asia and ASEAN, following its launch in China and Uzbekistan last year, with profits used to ... ( read original story ...)
Economists Expect Singapore’s Economy to Grow Quicker This Year, MAS Survey Shows
Singapore's economy is likely to expand at a faster pace this year than previously expected, as quicker growth in ... ( read original story ...)
Singapore-built new Waikato dairy plant will take on previous ally Open Country
Singapore's Olam International will be milking lessons learned at a New Zealand dairy exporter's board table when it opens a new dairy factory in the Waikato. The company, via its newly incorporated ... ( read original story ...)
$400 billion target: India seeks to double UAE exports, raise bar for US and UK
The commerce and industry ministry has set country-wise goals targeting a 32% rise on-year in exports to the US at $68.33 billion, 110% increase at $35.02 billion to the UAE and 49% growth over FY21 ... ( read original story ...)
Singapore Billionaire Brothers Win Mixed-Use Site With $766 Million Bid As Housing Market Heats Up
Far East Organization and Sino Group—both controlled by billionaire brothers Robert and Philip Ng—won the auction for a hotly contested mixed-use commercial and residential site in western Singapore. ( read original story ...)
Singapore GRMs improve, but they are not enough
Benchmark Singapore gross refining margins (GRMs) have increased in August. GRM is the margin refiners earn from turning every barrel of crude oil into fuel products. “Singapore GRM is at a 22-month ... ( read original story ...)
Singapore Airlines pivots further into e-commerce with Kris+ app and bookings site Pelago
S'pore's national carrier has doubled down on e-commerce to stay ahead amid a battered aviation outlook, via a digi wallet and bookings site. The iconic Singapore Girl greeting us at the passenger ... ( read original story ...)
mm2 to sell cinema business including Cathay for S$84.8M to cope with Covid-19 financial woes
Asia is selling their cinema business under Cathay to Kingsmead Properties for S$84.8 million amid financial woes caused by Covid-19. Cinema operator mm2 Asia, under the Cathay brand, is in talks with ... ( read original story ...)
Singapore has a new richest person with US$20 billion fortune
Forrest Li, Sea Ltd.’s billionaire co-founder, chairman and CEO, has become Singapore’s richest person as shares of his company surged. ( read original story ...)
New startup founded by Temasek acquires Singapore AI firm
Aicadium, a tech firm based in Singapore and the founded by Temasek, today announced the acquisition of BasisAI, a provider of scalable and responsible AI software. Specific details about the deal ... ( read original story ...)
Singapore’s Got a New Richest Person With a $19 Billion Fortune
Forrest Li, Sea Ltd.’s billionaire co-founder, chairman and chief executive officer, has become Singapore’s richest person as shares of his company surged. Li, who was born in China and later became a ... ( read original story ...)
Singapore Good Design 2021 First Ever Virtual Exhibition
Singapore’s multidisciplinary design chamber, the Design Business Chamber Singapore (DBCS), is set to showcase the designs of its annual ... ( read original story ...)
From mushroom leather to detecting cancer: Five Singapore outfits win for their IP
SINGAPORE - In spite of the Covid-19 pandemic, companies have been tapping their intellectual property (IP) to grow, with many using Singapore as a base to manage their intangible assets.. Read more ... ( read original story ...)
Singapore PM vows moves to ‘defuse resentments over foreigners’
Singapore Prime Minister Lee Hsien Loong pledged to tighten restrictions on foreign workers, tackling an issue that has stirred anger in the traditionally ... ( read original story ...)