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Tag: business

Posted on 27/06/2023

Singapore’s first B Corp brews coffee with sweet impact

Childhood lessons spurred social entrepreneur Pamela Chng to start a business that benefits society. Read more at straitstimes.com.

Posted on 27/06/2023

Economists flag risk of technical recession for Singapore as manufacturing contracts further in May

ECONOMISTS warned of a heightened risk of a technical recession in the first half of 2023, as factory output contracted by 10.8 per cent on year in May, worse than Bloomberg’s median forecast of a 7.3 ...

Posted on 27/06/2023

Not that Vertex: Singapore-backed Vertex Ventures HC raises $200M third fund

No connection with Boston-based drugmaker Vertex Pharmaceuticals Inc., Vertex Ventures HC is one of six independent funds under the umbrella of Vertex Holdings, a VC investment holding company whose ...

Posted on 26/06/2023

Crypto Tycoon Jihan Wu’s Mining Platform Bitdeer Gains 122% On Buybacks

Bitdeer Technologies Group, the Singapore-based crypto mining platform controlled by mogul Jihan Wu, saw its shares surge 122% over the past month as the company announced a share buyback amid ...

Posted on 26/06/2023

Singapore shares slightly down as traders take stock of global macro woes

Decliners beat out advancers 252 to 226, with daily turnover coming in at 1.2 billion securities worth $858 million.  Read more at straitstimes.com.

Posted on 26/06/2023

Singapore to be first South-east Asia market for Volkswagen’s electric vehicles

SINGAPORE is the first market in South-east Asia where German carmaker Volkswagen will launch its electric vehicles (EVs), with eight models to be offered here by 2024. Read more at The Business Times ...

Posted on 26/06/2023

Singapore GDP could slow to 0.4% in 2023, below official outlook: ICAEW, Oxford Economics

SINGAPORE’S economic growth could slow “significantly” to 0.4 per cent this year, even as it escapes a technical recession, the Institute of Chartered Accountants in England and Wales (ICAEW) said on ...

Posted on 25/06/2023

Singapore durian lovers rejoice as prices plunge on surplus; Malaysian fruits plenty in the market

Singaporeans love durians. And this year, the spiky and pungent fruit is in such abundance that it can be found in claw machines, giving enthusiasts a chance to catch one for just a dollar.

Posted on 25/06/2023

Singapore, Sichuan companies sign 6 MOUs as bilateral trade hits record US$2.7 billion in 2022

SINGAPORE - Singapore and Sichuan companies signed six new memoranda of understanding (MOUs) at a trade and investment meeting in Chengdu on Sunday. These collaborations signal Singapore companies’ ...

Posted on 25/06/2023

After gay sex ban repeal, Singapore LGBTQ campaigners look to tackle conservative family values

Pink Dot rally attracted a record political attendance, but further policy change in the short run appears unlikely. Advocates across Asia are grappling with traditional values on sex and social ...

Posted on 25/06/2023

PwC parachutes in Singapore-based partner Kevin Burrowes as new CEO to fix Australian mess

Singapore-based PwC veteran Kevin Burrowes is a safe pair of hands who is being parachuted into its Australian headquarters to help steer the firm out of a controversy that has rocked its local ...

Posted on 25/06/2023

The Singapore president should be truly independent

Toh Han Shih discusses the growing debate among prominent figures, including Ho Ching and presidential hopefuls, about the role and independence of the Singapore President ahead of the forthcoming ...

Posted on 25/06/2023

PwC brings in Singapore based executive Kevin Burrowes to take over troubled Australian office

Accounting firm PwC Australia has brought in Singapore based veteran Kevin Burrowes to take over its embattled Australian business as it moves to stem the fallout from the scandal over leaking ...

Posted on 24/06/2023

RPT-Singapore to unveil improved family office tax incentives – minister

Singapore's central bank will announce improved tax incentives in July to recognise the charitable contributions of family offices - companies that manage wealthy families' assets, a senior minister ...

Posted on 24/06/2023

Singapore to unveil improved family office tax incentives – minister

SINGAPORE, June 23 (Reuters) - Singapore's central bank will announce improved tax incentives in July to recognize the charitable contributions of family offices - companies that manage wealthy ...

Posted on 23/06/2023

Crypto startup Pillow, backed by Accel and Quona, to discontinue all services

Singapore-headquartered Pillow plans to discontinue all its services and app in the coming weeks, it warned customers Friday, citing regulatory uncertainty that has claimed countless other crypto startups in recent quarters. Pillow allowed customers to ...

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