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Tag: business

Posted on 04/04/2023

Singapore seen tightening monetary policy in April with inflation still high: Reuters poll

MAS to tighten its Singdollar policy, perhaps for the last time in the current cycle in April. Read more at straitstimes.com.

Posted on 04/04/2023

McDonald’s Singapore says no direct impact from US layoffs

The fast-food giant’s restaurants in Singapore are owned and operated by franchise holder Hanbaobao. Read more at straitstimes.com.

Posted on 04/04/2023

Singapore is top Asian city in Smart City Index, ranks seventh worldwide

Singapore is the smartest Asian city and the seventh smartest in the world, according to the 2023 Smart City Index.

Posted on 04/04/2023

Singapore Seen Tightening Monetary Policy as Inflation Remains Elevated

Eleven out of the 17 analysts polled by Reuters expect the Monetary Authority of Singapore (MAS) would tighten its policy, perhaps for the last time in the current cycle in April, citing the need to ...

Posted on 04/04/2023

Eggs from Indonesia approved for import; country is Singapore’s 18th source

Around two-thirds of Singapore’s eggs are imported, with the vast majority coming from Malaysia. Read more at straitstimes.com.

Posted on 03/04/2023

Over 40% Singaporeans Own Crypto:Survey Shows

The survey shows 43% of the 1,500 Singaporean respondents own some cryptocurrency. In comparison, last year’s research showed that the figure was around 40%, whereas the adoption levels were 43% in ...

Posted on 03/04/2023

Hong Kong’s crypto comeback should make the U.S. uneasy

Hong Kong's pivot back to crypto comes as the U.S. risks overplaying its hand when it comes to global financial regulation.

Posted on 03/04/2023

Singapore can benefit as StanChart records ‘really good net new money inflows’: CEO

Singapore is a “magnet for wealthy people from everywhere, including from China”, says StanChart group CEO Bill Winters. Read more at straitstimes.com.

Posted on 03/04/2023

American extradited to Singapore, charged over S$18 million fraud investment scheme

SINGAPORE: A 50-year-old man was extradited from the United States to Singapore and charged on Monday (Apr 3) over an S$18 million (S$13.5 million) fraud investment scheme. Michael Philip Atkins, a US ...

Posted on 03/04/2023

Singapore stocks rise as markets leave banking woes behind; STI up 0.7%

SINGAPORE - The Straits Times Index (STI) rose 0.7 per cent or 22.18 points to close at 3,281.08 points on Monday, amid buoyant trading across Asia. Read more at straitstimes.com.

Posted on 03/04/2023

Singapore to start importing eggs from Indonesia

This brings the number of countries and regions accredited to export chicken eggs to Singapore to 18, up from 12 in 2019, said the Singapore Food Agency.

Posted on 03/04/2023

How the banking industry is primed to shape the future of crypto in Singapore

Bitcoin was made to replace banks, yet today, banks hold the keys to blockchain technology and unlocking its potential.

Posted on 03/04/2023

CGTN: China, Singapore upgrade relations for higher-quality cooperation

Singaporean Prime Minister Lee Hsien Loong described bilateral relations as "very good" in an interview with China Media Group two weeks ago, before embarking on his official visit to China.

Posted on 03/04/2023

Will crypto benefit from the banking turmoil?

Ms Grace Chong, board member of the Association of Crypto Currency Enterprises and Start-ups Singapore, said that how well crypto performs during market and regulatory challenges will be a key test of ...

Posted on 03/04/2023

MGen unit plans to export RE from Indonesia to Singapore

MGEN RENEWABLE ENERGY, INC. (MGreen) is planning to build a renewable energy (RE) plant in Indonesia to export and supply renewables to Singapore. “We are right now looking into hopefully exporting ...

Posted on 02/04/2023

Asiatic Group plans rights issue, mulls new energy-saving business as existing power generating ventures under strain

Asiatic Group (Holdings), under Tan (seen here in a from 2007), remains focused on its fire protection business as it seeks out new business / Photo: Asiatic Group (Holdings) is tapping shareholders ...

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