UOB Group’s Senior Economist Alvin Liew comments on the revised Q2 GDP figures in Singapore. “Singapore’s final 2Q 2022 GDP was revised lower sequentially to a contraction of 0.2% q/q SA (versus ... ( read original story ...)
Steps To Set Up A New Business In Singapore
You have done 9 to 5 jobs for years, gathered some money, and now it is time to set up a business. Singapore is a great option to consider for starting a business thanks to its favourable tax ... ( read original story ...)
Singapore fund scheme lures investors as scrutiny of offshore tax havens grows
We’ll send you a myFT Daily Digest email rounding up the latest Singapore news every morning. Singapore is welcoming more than a dozen investment funds every month under a new scheme designed to lure ... ( read original story ...)
Singapore’s Next Big Challenge Is Already Here
To listen to Singapore’s leader, the Bank of England nailed it. The UK central bank’s warning of a tough new era that sent shockwaves through the world of monetary economics resonated in the ... ( read original story ...)
Singapore’s Olam posts rise in first-half profit
Commodity trader Olam Group Ltd OLAG.SI on Friday posted a 1.8% rise in net profit for the first half of fiscal 2022, driven by a strong performance in its Olam Agri business. " Olam Agri is poised to ... ( read original story ...)
Gov’t edges up expected growth for exports, merchandise trade
This is whilst rising oil prices and high global semiconductor demand continue. Enterprise Singapore increased its projection for non-oil domestic exports (NODX) and total merchandise trade in 2022, ... ( read original story ...)
Singapore Thrived by Seeing the World Henry Kissinger’s Way
The fact that Singapore survived and thrived is less a miracle of free market economics than a triumph of selfish geopolitics as Henry Kissinger’s latest book, Leadership: Six S ... ( read original story ...)
Report names dozens of Singapore firms involved in arms supply to Myanmar military
Justice for Myanmar says 38 companies in Singapore are linked to 78 Myanmar-based companies brokering for the military. ( read original story ...)
Preparing for Singapore’s GST changes
The first major change is that beginning January 1, 2023, Singapore’s GST rate will increase from 7% to 8%. Then in January 2024, it will increase again from 8% to 9%. The duty de minimis, however, ... ( read original story ...)
New Grab HQ in Singapore will house merchant centre to help small firms grow online
SINGAPORE - Super app Grab officially opened its new nine-storey headquarters on Thursday (Aug 11), as the company celebrated its 10th anniversary. The 42,000 square metre office space at One-North ... ( read original story ...)
‘We don’t always get it right’: Grab Singapore’s managing director on meeting consumer expectations
Ahead of Grab's 10th anniversary, Yee Wee Tang spoke to CNA in an exclusive interview about the company’s plans for Singapore, how he sees high expectations from users, and why he stands by the ... ( read original story ...)
Singapore life insurance contracts by 1.9% YoY in H1 2022
New business premiums hit $2.63b. Singapore’s life insurance industry contracted by 1.9% year-on-year (YoY) in terms of new business premiums to $2.63b in the first half of the year, according to the ... ( read original story ...)
Grab launches GrabScholar and GrabMerchant Center, officially opens Grab HQ @ Singapore
Meanwhile, GrabMerchantCentre will be established to provide 1-on-1 business consultation services for its small and medium enterprises (SME) merchant-partners. Located at Grab HQ @ Singapore, the ... ( read original story ...)
Indian companies swap dollar for Asian currencies to import Russian coal
Indian companies are using Asian currencies more often to pay for Russian coal imports, according to customs documents and industry sources, avoiding the US dollar and cutting the risk of breaching ... ( read original story ...)
Business mogul Peter Lim files police reports against alleged impersonators giving fake stock trading tips
SINGAPORE — Billionaire Peter Lim, 69, has filed two police reports about people impersonating him online in recent months, after encountering alleged scammers who used his image on finance chat ... ( read original story ...)
Singapore’s OTS Holdings Plans to Export New SPAM-Style Canned Vegan Meat to Over 40 Countries
OTS Holdings recently announced the launch of a new SPAM-style canned meat product developed by the company's plant-based brand ANEW. ( read original story ...)