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Tag: business

Posted on 06/05/2025

Singapore stocks end higher on Monday; STI up 0.2%

SINGAPORE] Stocks in Singapore ended higher on Monday (May 5), tracking Friday’s gains on Wall Street. Read more at The Business Times.

Posted on 06/05/2025

Enterprise Singapore launches new one-stop Sustainability Hub website for SMEs

SINGAPORE] Enterprise Singapore (EnterpriseSG) launched the new SME Sustainability Hub on Tuesday (May 6), a website that aims to help small and medium-sized enterprises (SMEs) access information on ...

Posted on 06/05/2025

Credit Suisse to pay $658 million in US tax evasion case involving Singapore accounts

Swiss bank maintained accounts in Singapore on behalf of US taxpayers using offshore accounts to evade taxes. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/05/2025

Why a US-listed video game firm is paying a premium for a Singapore-based tech products distributor

SINGAPORE] For over 30 years, one little-known wholesaler and distributor of technology products – including IT accessories, gaming components and smart technology – steadily built up its distribution ...

Posted on 06/05/2025

Singapore entities will be able to list product carbon data aligned with global methodology

SINGAPORE] Businesses and organisations in Singapore can now list product carbon footprints based on global standards with the Singapore Emission Factors Registry. Read more at The Business Times.

Posted on 06/05/2025

Singapore dollar closes in on 10-year high as Trump tariff turmoil saps US dollar dominance

Singdollar was trading at 1.2964 per US dollar at 9.30 am local time on May 6, up 4.6 per cent to date in 2025. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/05/2025

Trump’s crypto ventures complicate path for stablecoin legislation as Democrats revolt

Democrats are putting up new resistance to crypto legislation prioritized by the Trump administration as some object to the involvement of the Trump family in that industry as well as a host of other ...

Posted on 05/05/2025

Singapore-Pacific Alliance free trade agreement enters into force for Republic, Chile and Peru

The five-country FTA will enter into force for Colombo and Mexico when they complete the process. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 05/05/2025

Singapore retail sales bounce back in March, rising by 1.1%

The total retail sales value that month was $4.3 billion. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 05/05/2025

Singapore stocks end higher, with STI up 0.2%

Top gainer is DFI Retail Group at US$2.71; the biggest decliner is Yangzijiang Shipbuilding at $2.11 Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 05/05/2025

Grab appoints Alejandro Osorio as new managing director for Singapore

SINGAPORE] Ride-hail and delivery giant Grab announced on Monday (May 5) that Alejandro Osorio has been appointed as managing director (MD) of Grab Singapore. Read more at The Business Times.

Posted on 05/05/2025

Gates Foundation to open office in Singapore – its 12th worldwide

SINGAPORE] The Gates Foundation – one of the world’s largest private philanthropic organisations – will be opening an office in Singapore, said Bill Gates on Monday (May 5). Read more at The Business ...

Posted on 05/05/2025

Singapore’s PAP Victory a Boon for Local Assets, Analysts Say

Singapore’s stocks and currency are expected to get a boost after the ruling party secured a convincing victory in Saturday’s election, according to analysts.

Posted on 05/05/2025

Can New Delhi stop Islamabad from circumventing trade ban? Pakistan sending goods to India via UAE, Singapore

Pakistan is also trying to export goods to India via Sri Lanka and Indonesia by relabelling the packages. Indian customs department has begund monitoring and identifying goods that have undergone orig ...

Posted on 05/05/2025

Industry alliance launches in Singapore to spur Asia’s green jet fuel uptake

Despite ramped-up production, regional demand for sustainable aviation fuel has lagged. A new initiative by Temasek-owned GenZero aims to rally Asian players to close the gap through the use of a ...

Posted on 05/05/2025

Singapore dollar surges to 1.29 to US dollar amid Asia currency rally

Singdollar was up 0.6 per cent to 1.2920 per US dollar as at 12.07am local time. Read more at straitstimes.com. Read more at straitstimes.com.

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