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Tag: business

Posted on 06/01/2023

Singapore’s fashion scene is taking off, and some players are heading overseas

SINGAPORE fashion brands are gaining popularity among local consumers, with some consumers attracted to the green credentials of several of these homegrown labels, and others seeking a piece of home ...

Posted on 06/01/2023

Olam Agri picks banks for $1.34 billion Singapore listing

The IPO of the agribusiness unit could raise as much as US$1 billion (S$1.34 billion), sources said. Read more at straitstimes.com.

Posted on 06/01/2023

Sim Wong Hoo’s Creative legacy shows small country can make world-class products, say Singapore tech players

Creative Technology’s founder Sim Wong Hoo put Singapore on the global map for technology innovations and showed that success was possible despite ...

Posted on 06/01/2023

More retailers in Singapore absorbing GST increase to help consumers ‘tide through inflation period’

Now that the year has turned, some retailers have switched from getting consumers to buy big-ticket items before the Goods and Service Tax (GST) go up to absorbing the tax increase for customers or ...

Posted on 06/01/2023

Singapore’s retail sales grew 6.2% year-on-year in November 2022

DOS of Singapore announced that the country's retail sales grew by 6.2 per cent year on year in November 2022, following the about 10.3 per cent year-on-year increase recorded in the previous month ...

Posted on 05/01/2023

Singapore food waste start-up UglyFood closes down

SINGAPORE: UglyFood, the local start-up with a stated mission to reduce food waste, is closing down close to seven years after its launch. The online grocer said it was winding up as it was "unable to ...

Posted on 05/01/2023

Singapore shares rise on Thursday; STI up 1.1%

SINGAPORE shares were pulled into positive territory on Thursday (Jan 5) following overnight gains from major markets in the US and Europe. Read more at The Business Times.

Posted on 05/01/2023

Singapore likely to achieve balanced budget in current government term despite Covid deficit

THE Singapore government is expected to balance its budget for the current term, set to end by 2025, despite a record S$51.6 billion overall budget deficit in financial year 2020 when the Covid-19 ...

Posted on 05/01/2023

Bloomberg TV seeks an on-air reporter/producer in Singapore

Bloomberg TV is seeking an On-air reporter/Producer based in our Singapore bureau. You’ll be reporting on markets as well as a range of other topics including business, economics and politics. You’ll ...

Posted on 05/01/2023

Singapore-based crypto firm hit by Dec 26 hack, more than $10 million lost

Thousands of users reported having their funds stolen from their BitKeep wallets. Read more at straitstimes.com.

Posted on 05/01/2023

Singapore grants FBO license to Converge unit

Converge ICT Solutions Inc. may now provide international connectivity services in Singapore, as the Infocomm Media Development Authority (IMDA) granted a Facilities-Based Operations (FBO) Licence to ...

Posted on 04/01/2023

Govt to import 100,000 MT of rice from India and Singapore

The government will import 100,000 metric tons (MT) of rice from the international market. The Cabinet Committee on Government Purchase, in a meeting with Finance Minister AHM Mustafa Kamal in the ...

Posted on 04/01/2023

Singapore-based crypto firm hit by Boxing Day hack, more than S$10mil lost

More than US$8mil (S$10mil or RM32.86mil) was stolen from a Singapore-based crypto wallet provider last Monday after a hacker manipulated files enabling users to download the wallets on their phones.

Posted on 04/01/2023

3 men arrested, over 4,000 cartons of duty-unpaid cigarettes seized by Singapore Customs

SINGAPORE – Three men were arrested and more than 4,000 cartons of duty-unpaid cigarettes were seized by Singapore Customs in an operation on Dec 30. The total duty evaded was more than $387,000, ...

Posted on 04/01/2023

Singapore GDP grew 3.8% in 2022; further weakness ahead amid global headwinds

SINGAPORE’S economy expanded 3.8 per cent year on year in 2022, with growth in the services sector helping to offset sluggish performance in the manufacturing sector, according to advance estimates ...

Posted on 04/01/2023

How Safe Is It To Store Crypto on Exchanges? What To Know Amid FTX Collapse

Undoubtedly, cryptocurrency is not the safest investment to make. Aside from extreme volatility risks and loose regulations, there are thousands of tokens with questionable use cases. Although not ...

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