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Tag: business

Posted on 25/05/2023

Singapore cuts 2023 trade forecasts after Q1 exports slump worse than expected

SINGAPORE (The Straits Times/Asia News Network): Singapore cut its 2023 growth forecasts for key non-oil domestic exports (Nodx) and total merchandise trade, which includes oil, amid a sharp downturn ...

Posted on 25/05/2023

Singapore economy beats estimates but govt warns of global risks

Singapore's economy posted better-than-expected results in the first quarter of 2023, official data showed Thursday, but the government warned that the global outlook remains gloomy. It warned, ...

Posted on 25/05/2023

How Is Cryptocurrency Taxation Managed Effectively in Singapore?

Positioned as a global leader in the financial sector, Singapore has demonstrated an encouraging approach towards cryptocurrencies, solidifying its status as a crypto-friendly nation. The significance ...

Posted on 24/05/2023

Logistics firm fined $18,500 for illegally importing about 500kg of meat and seafood

The firm, ACD Logistics, was only licensed to import processed food and food appliances. Read more at straitstimes.com.

Posted on 24/05/2023

Singapore is most attractive market for doing business: report

The Lion City will have the best business environment over the next five years. Singapore is still the world’s best business environment with a score of 8.70 in the second quarter of 2023, a recent ...

Posted on 24/05/2023

Stalin Woos Singapore, Investors, Bills TN As Favourble Investment Destination

M K Stalin met on Wednesday with top officials of various companies in Singapore and invited them to invest in Tamil Nadu, touting its conducive business environment.

Posted on 24/05/2023

Singapore has the best business environment while Denmark comes in third

The Economist Intelligence Unit (EIU) has predicted that Singapore, Canada, and Denmark will have the best business environments in the next five years. The EIU is an organization that analyses ...

Posted on 24/05/2023

Trent sets up 50:50 JV with Singapore’s apparel maker MAS Amity

Trent and MAS Amity, have subscribed equally to 5 lakh equity shares of the new entity at a face value of Rs 10 each, amounting to a total of Rs 50 lakh, Trent said in the exchange filing.

Posted on 24/05/2023

Singapore’s core inflation remains unchanged at 5% in April

SINGAPORE: Singapore’s core inflation held steady at 5 per cent year-on-year in April, with lower inflation for electricity and gas, food as well as retail and other goods. The lower inflation in ...

Posted on 23/05/2023

Singapore stocks rise amid improving sentiment

Across the broader market, gainers beat losers 278 to 254 after 1.3 billion shares worth $909.9 million were traded. Read more at straitstimes.com.

Posted on 23/05/2023

Singapore Inflation Rises Slightly To 5.7%

Singapore's consumer price inflation increased somewhat in April after easing to a 9-month low in March amid increased costs for ...

Posted on 23/05/2023

Singapore and Kazakhstan sign 4 agreements during President Halimah Yacob’s state visit

The services and investment agreement will make business ventures more seamless, and provides Singapore investors with stability and predictability via investment protection disciplines.

Posted on 23/05/2023

Crypto Hedge Fund Plans to Raise Up to $27M for Bitcoin-Focused Fund

Singapore-based crypto hedge fund BXB Capital is planning to launch a bitcoin-focused fund in July 2023, according to Fortune. With the new fund, BXB adopted a different approach as it looks to raise ...

Posted on 23/05/2023

Hong Kong? Singapore? Tokyo? Seoul? Dubai? The race is on for the Web3 hub of Asia | Part 1

As U.S. regulators file lawsuits against cryptocurrency platforms, prompting some digital asset companies to seek more favorable jurisdictions, a fleet of cities in Asia are putting out the welcome ...

Posted on 22/05/2023

Singapore’s DBS expects yearly earnings to beat $7.5 bln in medium term

Singapore's biggest bank DBS Group on Monday said it expects to lift annual earnings to more than S$10 billion ($7.55 billion) within the next three to five years, after it posted a record ...

Posted on 22/05/2023

Singapore tourist arrivals climb, continue to surpass one million in April

In the year to date, Singapore has recorded some 4.04 million visitor arrivals, against the 12 million to 14 million arrivals that STB expects to hit in the full year. THE BUSINESS TIMES Join ST's ...

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