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Tag: business

Posted on 04/11/2022

U.S. crude oil exports to Asia poised to hit record high

An oil tanker waits in line in the ocean outside the Port of Long Beach-Port of Los Angeles complex, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles HOUSTON/SINGAPORE (Reuters ...

Posted on 04/11/2022

Billionaire Ng Family’s Far East, Sekisui Submit Top Bid Of $226 Million For Singapore Condo Site

Far East and Sekisui plan to build two 27-story blocks of 330 units on the 10,395-square-meter site in the prime Bukit Timah residential encalve.

Posted on 04/11/2022

Business at Mediacorp actor Yao Wenlong’s JB eatery back to 80% of pre-Covid levels

Mediacorp actor Yao Wenlong, who owns pao fan speciality restaurant Sun Gourmet Kitchen (新煌亭), first opened the eatery in late 2019, months before the Covid-19 pandemic. Prior to the pandemic, the ...

Posted on 04/11/2022

Singapore launches expanded initiative for cross-border usage of digital currency

The Monetary Authority of Singapore has launched an expanded collaboration with international partners on cross-border foreign exchange settlement using wholesa ...

Posted on 04/11/2022

Singapore seafood prices edge higher after supply crunch caused by bad weather

The onset of bad weather in the region well ahead of the usual monsoon season has meant that some types of seafood, such as pomfret, prawns and red ...

Posted on 04/11/2022

Singapore suspends imports of live chicken broilers from two Malaysian farms

The Singapore Food Agency (SFA) has suspended imports of live chicken broilers from Meng Kee Poultry (M) Sdn Bhd and Sdian Hup Farming Sdn Bhd after detecting Salmonella enteritidis in samples from ...

Posted on 03/11/2022

Despite suspension of LNG import, govt decides to increase listed suppliers’ numbers

Singapore. However, it is not clear whether the government will withdraw suspension on import immediately or not. The government earlier suspended the import of LNG from international spot market in ...

Posted on 03/11/2022

PetroChina among new int’l firms for Bangladeshi LNG import

PetroChina is among the eight new international firms the Bangladeshi government has listed to purchase LNG (liquefied natural gas) from the spot market. The Bangladeshi government approved a proposal ...

Posted on 03/11/2022

Tokenised assets, stable coins central to Singapore’s crypto hub ambitions

Collaboration is key to achieving finance goals, says MAS’ Ravi Menon. Singapore touts a future as a crypto hub—not for cryptocurrency, but rather for the use and adoption of tokenised assets and ...

Posted on 03/11/2022

Singapore Digitalises Bankers Guarantees and Insurance Bonds With eGuarantee@Gov

Providing banker’s guarantees or insurance bonds to government agencies can now be done online and within one day using eGuarantee@Gov.

Posted on 03/11/2022

Singapore or HK? DBS Offers Clues to Who Is Ahead

Which is way Singapore-based DBS Group Holdings Ltd., the biggest of the city-state’s three homegrown leaders, may have an edge next year over HSBC Holdings Plc, which relies on Hong Kong for a big ...

Posted on 03/11/2022

Ant Digital Bank Expands in Singapore With Small Business Loans

Ant Group Co.’s Singapore digital wholesale bank will start offering loans to small and medium-sized businesses, as the Chinese fintech giant extends its reach in the city-state.

Posted on 03/11/2022

Wealth darling DBS channels Singapore’s success

Singapore’s status as a financial centre is thriving, and DBS Group , the city-state’s $63 billion wealth darling led by Piyush Gupta, is reaping the benefits of its home market’s success.

Posted on 03/11/2022

CNA Explains: What is low-carbon hydrogen and will it help Singapore reach net-zero?

Hydrogen could supply up to half of Singapore's needs by 2050, depending on technological developments and the development of other energy sources.

Posted on 02/11/2022

Singapore moves to digitalise bankers’ guarantees and insurance bonds

The Ministry of Finance (MOF) and the Monetary Authority of Singapore (MAS) today launched eGuarantee@Gov, a simple and secure digital process for businesses and individuals to provide a banker’s ...

Posted on 02/11/2022

Singapore’s Wong stresses ‘responsible’ fintech as crypto stance diverges from Hong Kong

The city state’s PM-in-waiting told Singapore Fintech Festival there should be ‘no doubt’ that it was ‘fully’ embracing emerging technologies. But he said a healthy level of ‘constructive paranoia’ ...

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