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Tag: business

Posted on 28/09/2023

Singapore’s middle distillates stocks hit over 6-mth high on jet fuel imports

Middle distillates inventories at key storage hub Singapore hit a more than six-month high as the city-state turned net importer of jet fuel/kerosene despite an increase in gasoil outflows to the West ...

Posted on 28/09/2023

Singapore to raise water price by 50 cents per cubic m by 2025

Water will soon cost consumers an additional 50 cents per cubic m, starting with a 20-cent increase in April 2024 and a 30-cent rise in April 2025.

Posted on 28/09/2023

Yield on latest Singapore 6-month T-bill jumps to 4.07%

T-bill is a jump from the cut-off yield of 3.7 per cent for the previous 6-month tenor, and the first time that yields have crossed the 4 per cent mark since January. Read more at straitstimes.com.

Posted on 28/09/2023

Tether Addresses Alleged Singapore TOS Change, Dismisses Cake DeFi CEO’s Claim As FUD

The CEO of Cake DeFi claimed Tether had restricted certain Singapore-based customers from redeeming the stablecoin due to altered terms of service, though this policy change had been in effect since ...

Posted on 27/09/2023

Singapore to raise water prices by 18% over two phases in 2024 and 2025

Most households will pay 20 cents more for every 1,000 litres of water next year and another 30 cents more in 2025.

Posted on 27/09/2023

Debunking Brexit myth, UK exports to Singapore expand by a fifth in past year

Singapore accounts for 40 per cent of Britain’s total trade with South-east Asia. Read more at straitstimes.com.

Posted on 27/09/2023

Mazars in Singapore appoints new leaders

The consulting firm has announced a range of new appointments in Singapore to support capital market participation.

Posted on 27/09/2023

Singapore’s core inflation dips to 3.4% in August, easing monetary policy pressure

The Monetary Authority of Singapore (MAS) reported on Monday that the country's core inflation rate for August fell to 3.4%, marking a slight decrease compared to the same period last year. The figure ...

Posted on 27/09/2023

Singapore: iStudio Partners with Triple-A to Accept Crypto Payments

iStudio, an Apple Premium Reseller in Singapore, has recently partnered with Triple-A, a crypto payment gateway sanctioned by the Monetary Authority of Singapore (MAS) to allow customers to make ...

Posted on 27/09/2023

‘Who doesn’t love a good burger’: Is there still room for more burger chains in Singapore?

While the fast-food landscape in Singapore seems to be approaching saturation, the appetite for burger speciality stores remains strong, says an F&B expert.

Posted on 27/09/2023

MERMEC Honored in Singapore at ICCS Business Awards 2023

SINGAPORE, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Now in its 14th year, the ICCS Business Awards annually selects Italian excellence in investment and innovation in the Asian city-state and the ASEAN ...

Posted on 26/09/2023

Tether Debunks FUD On Singapore Terms of Services Changes

Tether, the company behind the widely-used stablecoin USDT, has clarified its position on its terms of service for Singapore-based entities. The clarification comes after Dr. Julian Hosp, CEO of Cake ...

Posted on 26/09/2023

iStudio joins hands with Triple-A to allow crypto payments at its stores

SINGAPORE - In a sign that digital asset players are starting to make their way into the mainstream market here, Singapore’s biggest Apple products reseller will allow customers to make payments with ...

Posted on 26/09/2023

Singapore factory output slumps 12.1% in August, worse than expected

The key electronics industry was the worst performer with production plunging 20 per cent year on year. Read more at straitstimes.com.

Posted on 26/09/2023

3 reasons why demand for Singapore’s prime freehold strata offices should endure

Singapore’s growing pool of family offices and UHNWIs is one. According to JLL, the fast sell-out at record prices of all 15 strata-office floors in the newly launched freehold project, Solitaire on ...

Posted on 26/09/2023

Grab discontinues investment offerings AutoInvest and Earn+, says business not commercially viable in long run

As we will no longer be investing to scale GrabInvest, we have concluded that the business will not be commercially viable in the long run,” a Grab spokesperson tells CNA.

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