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Tag: business

Posted on 28/02/2023

Modern services get boost to create 100,000 jobs, as Singapore strengthens its business hub status

SINGAPORE’S “modern services” will get a boost under the new Services 2030 strategy that aims to create over 100,000 jobs, following similar visions outlined last year for manufacturing and trade.

Posted on 28/02/2023

Singapore to grant first conditional approval for proposals to import low-carbon electricity ‘soon’

More than 20 proposals have been received under the Energy Market Authority’s requests for proposals, said Second Minister for Trade and Industry Tan See Leng.

Posted on 28/02/2023

How Singapore artiste Benjamin Kheng went from freelancer to business owner

Benjamin Kheng shared that he had to place his ego and pride aside – what did he really need to do? How are his finances now? Find out.

Posted on 28/02/2023

Singapore Plans to Force Clashing Neighbors to Seek Mediation

Neighbors who quarrel over noise may soon be forced to sit down and talk things through in Singapore, after authorities unveiled plans to make mediation mandatory before cases can go to court. Those ...

Posted on 28/02/2023

Committee of Supply 2023 debate, Day 3: Sharael Taha on costs of doing business in Singapore

As the National Productivity Fund gets a S$4 billion top-up and an expanded scope, how will the Government ensure that the money is effectively used by businesses to drive real productivity ...

Posted on 28/02/2023

Singapore Airlines To Get 25.1 Per Cent Stake In Air India Group: Report

Singapore Airlines' deal with Tata Sons (Tata) will inject a further SGD 360 million (USD 267 million) into Air India. It will give SIA a 25.1 per cent stake in the enlarged Air India group.

Posted on 28/02/2023

Singapore Airlines To Receive 25.1% Stake In Enlarged Air India Group

The deal will provide Singapore Airlines with a 25.1% stake in the enlarged Air India group following its takeover by Tata and merger with Vistara Airlines ...

Posted on 28/02/2023

Business receipts of service industries rise 10.9% YoY in Q422

Recreation & Personal Services had the highest growth in revenue amongst industries. Business receipts of the service industries, excluding Wholesale Trade, Retail Trade, Accommodation and Food ...

Posted on 28/02/2023

Singapore banks continue to see double-digit increases in profits – can this be sustained?

One analyst expects the growth in earnings to be “less significant” than last year due to growing funding and operating costs.

Posted on 28/02/2023

Private trustees take over bankruptcy cases in Singapore

Legal experts said this change will speed up bankruptcy cases, but warn of negative implications. Starting September, Singapore will heavily reduce the use of public resources in private debt recovery ...

Posted on 28/02/2023

Crypto Lender Vauld Gets Further Extension for Restructuring Plan

Vauld now has until March 24 to present its restructuring plan. Its existing legal protection from its creditors expires on Feb. 28.

Posted on 28/02/2023

Singapore looks to region for renewable imports, Sun Cable out for now

Singapore’s plans to import 4GW of renewable energy by 2035 are on track – but Sun Cable is no longer part of those discussions.

Posted on 26/02/2023

Chip industry doubles down on Singapore as production hub

Big Western chipmakers and related suppliers are moving to increase production in Singapore as they work to meet growth in demand in the medium to long term and spread their supply chain risks. French ...

Posted on 26/02/2023

Got FOMO? Unregulated crypto firms have you just where they want you

Crypto companies are getting away with the kind of advertising and marketing that more traditional forms of financial products can't. The practise is largely unregulated, meaning firms who have ...

Posted on 25/02/2023

Two major crypto exchanges failed to block sanctioned Russians

Two of the world’s largest crypto exchanges failed to take steps to prevent sanctioned Russian banks from using their platforms, according to a report from the blockchain analytics firm Inca Digital ...

Posted on 25/02/2023

Change lies ahead for haphazard crypto regulation

Regulators have been slow to act on cryptocurrency, and they’ve often missed the mark. Hopefully, their approach will evolve in the years ahead.

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