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Tag: business

Posted on 29/09/2023

Singapore stocks track Wall Street gains on Friday, STI up 0.3%

Across the broader market, gainers outnumbered losers 379 to 229, after 1.5 billion securities worth $968 million changed hands. Read more at straitstimes.com.

Posted on 29/09/2023

Singapore’s electricity tariffs to increase by 3.7pc from October to December; U-Save rebates to help defray costs

Electricity tariffs are set to increase by an average of 3.7 per cent, or about 0.98 cents per kWh before goods and services tax (GST), for the period ...

Posted on 29/09/2023

Singapore household electricity, gas bills to rise as tariffs go up in Q4

HOUSEHOLD electricity and gas bills are set to rise in the fourth quarter of 2023, following an increase in tariffs announced by state energy suppliers on Friday (Sep 29). Read more at The Business ...

Posted on 29/09/2023

Singapore’s GIC ditched Vista stake after founder’s tax scandal

Singaporean sovereign wealth fund GIC, one of the world’s most influential investors, sold its stake in a Vista Equity Partners fund after the buyout firm’s founder was embroiled in a tax scandal, ...

Posted on 29/09/2023

Woman charged with forging letters from Prime Minister’s Office to get money from HDB, Customs

SINGAPORE: A 55-year-old woman was charged on Friday (Sep 29) with two counts of forging documents purportedly from the Prime Minister's Office (PMO), in order to get money from government agencies.

Posted on 29/09/2023

Singapore fuel exports to Mexico hit record in Q3 on limited US supply

Record volumes of refined products were shipped from Singapore to Mexico in the third quarter on lower U.S. exports to the Latin American country caused by peak summer demand and slow shipping through ...

Posted on 29/09/2023

Europe’s Crypto Industry Wants Staking Clarity as Regulations Loom

Crypto staking has so far escaped specific regulation in Europe – but many in the industry wonder if it’s helpful to maintain a regulatory gray area.There’s a dilemma for the sector here. Setting ...

Posted on 28/09/2023

Crypto.com to become preferred exchange for PayPal USD

Singapore-based exchange Crypto.com has teamed up with PayPal and Paxos to become a preferred platform for PayPal USD (PYUSD).

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 ...

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