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Tag: business

Posted on 01/11/2023

Sarawak gets nod for undersea power cable project to Singapore

Sarawak premier Abang Johari Openg says the cables, which will pass through Indonesian territory, will enable Sarawak to export up to 1,000MW of electricity.

Posted on 31/10/2023

Singapore Partner with Japan, Switzerland, UK Regulators for Joint Crypto Pilots

Singapores central bank is reportedly planning to establish crypto-related cooperation with Japan and some European nations. Thus, it has teamed up with the monetary authorities in Switzerland, Japan, ...

Posted on 31/10/2023

Taxation of Foreign Sourced Income in Singapore Effective January 2024

Singapore will begin taxing foreign-sourced disposable gains from January 1, 2024, with Parliament approving the amendments to the country’s Income Tax Act.

Posted on 31/10/2023

Exclusive: China’s CNOOC, two chemical firms looking at Shell Singapore assets – sources

At least three Chinese companies including state giant China National Offshore Oil Company (CNOOC) are evaluating Shell's Singapore assets and considering non-binding bids in coming weeks for the city ...

Posted on 31/10/2023

Singapore defense minister calls on China to take the lead in reducing regional tensions

Singapore's defense minister has urged China as a dominant power in Asia to take the lead in reducing tensions in the region, warning that a military conflict like the one in Ukraine or the ...

Posted on 31/10/2023

Singapore startups to get a leg up in India, Australia expansions

SINGAPORE’S tech startups that are keen to enter markets in India and Australia can now tap Enterprise Singapore’s (EnterpriseSG) new Global Innovation Alliance (GIA) nodes in Mumbai, Melbourne and ...

Posted on 31/10/2023

Singapore manufacturing, services business outlook slightly more optimistic for next 6 months

Find out more about subscription packages here. SINGAPORE’S manufacturers and services firms are slightly more positive about business conditions in the next six months, separate quarterly surveys ...

Posted on 31/10/2023

Singapore’s luxury property market grinds to a halt amid massive money laundering probe

Singapore’s luxury housing deals are drying up as one of the nation’s largest-ever money-laundering scandals weighs on the market.

Posted on 31/10/2023

Singapore’s $110,000-a-Month Mansion Market Grinds to Halt

Singapore’s luxury housing deals are drying up as one of the nation’s largest-ever money laundering scandals weighs on the market.Most Read from BloombergIsrael Latest: Netanyahu Vows to Stay On; ...

Posted on 31/10/2023

Is Singapore rushing to stay ahead in digital asset hub race with spate of new licences?

prompting observations from some in the industry that Singapore is moving to stay ahead of the competition in the crypto hub race. Market players noted that the full licences and in-principle ...

Posted on 31/10/2023

Is Singapore on the path towards stronger IP annual growth?

In September, manufacturing output grew 10.7% MoM. With improving global trade winds and a gradual recovery in China-centric numbers, an expert believes Singapore's manufacturing momentum will ...

Posted on 31/10/2023

Singapore retail rental and price indices rise for second consecutive quarter in Q3

Retail rental and price indices grew 0.5% and 0.6% in Q3, respectively. The recent URA statistics showed the Singapore retail property market recovery continues to gain traction. URA’s islandwide ...

Posted on 31/10/2023

Singapore office rental index jumps 4.9% in Q3

Rents have now grown by 12.8% in the first nine months of the year. Singapore’s office rental index increased by another 4.9% q-o-q in Q3 2023, following the 2.3% q-o-q growth in Q2 2023. According to ...

Posted on 30/10/2023

Singapore MAS Announces Collaboration With Japan, UK On Crypto Policies, Accounting Decisions

The island country shared details about Project Guardian, which saw the MAS partner with numerous financial institutions to launch pilots on "asset tokenization in fixed income, foreign exchange, and ...

Posted on 30/10/2023

Singapore plans joint crypto pilots with Japan, Switzerland and UK

The Monetary Authority of Singapore, the country’s central bank and financial regulator, is planning to start crypto-related cooperation with Japan, Switzerland and the United Kingdom.

Posted on 30/10/2023

Malaysia, Singapore in agreement to improve business development fund financing

PETALING JAYA: Malaysia and Singapore had signed a “side letter” to improve the provisions of the Malaysia-Singapore Business Development Fund (MSBDF) agreement for third countries.

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