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Tag: business

Posted on 15/07/2022

S’pore imports 50,000kg of frozen chicken from Indonesia in first shipment

Indonesia exported 50 tonnes of frozen chicken to Singapore on Wednesday, July 13, CNA reported. This is the first shipment of chicken by Indonesian companies sent to Singapore under a new arrangement ... ( read original story ...)

Posted on 15/07/2022

S$76mil fine for masterminds behind Singapore’s largest duty unpaid alcohol syndicate

Two men masterminded a scheme that became the largest and longest-running syndicated operation involving duty unpaid alcohol uncovered in Singapore. The total amount of taxes evaded was about S$25mil ... ( read original story ...)

Posted on 14/07/2022

Singapore expects 4 to 6 million visitors in 2022; 7.1 days stay in 1H, double vs 2019

Singapore expects to welcome between 4 and 6 million visitors in 2022 as the international travel industry continues to recover. In a statement on Thursday (14 July), the Singapore Tourism Board (STB) ... ( read original story ...)

Posted on 14/07/2022

S$28m fine for mastermind of largest duty-unpaid alcohol syndicate busted in Singapore

A 41-year-old man, who masterminded a scheme to divert an “unprecedented amount” of duty-unpaid liquor meant to be exported inland and sell it at much lower prices, was fined about $28 million on ... ( read original story ...)

Posted on 14/07/2022

Around 9 in 10 SG SMEs export to over 10 int’l markets

The average number of international destination markets in Singapore is 35. About nine in 10 or 86% of eBay-enabled small- and medium-sized enterprises (SMEs) in Singapore exported to 10 or more ... ( read original story ...)

Posted on 14/07/2022

New route: mature offshore Australian field shipping oil to Singapore

Triangle Energy has established a new export route for oil from its mature Cliff Head shallow-water oilfield in the Perth basin offshore Western Australia that has been producing for more than 15 ... ( read original story ...)

Posted on 14/07/2022

Singapore Seen Tightening More to Contain Inflation: Wrap

Singapore’s central bank, which unexpectedly tightened monetary policy Thursday, is not nearly done with tightening yet as it seeks to tame inflation, according to economists. ( read original story ...)

Posted on 14/07/2022

Tug opens in Singapore with former Head of IPG’s Reprise Karen Soo leading its first office in Asia

Global digital marketing agency Tug has opened its fifth international office in Singapore, appointing former head of IPG Mediabrand’s performance marketing agency Reprise, Karen Soo, to lead its ... ( read original story ...)

Posted on 14/07/2022

Singapore Steps Up Inflation Fight With Surprise Central Bank Tightening

Singapore's central bank tightened its monetary policy on Thursday, in an off-cycle move, saying the action would slow inflation as the city-state joins other economies scrambling to fight mounting ... ( read original story ...)

Posted on 14/07/2022

Market alert: Singapore dollar gains as MAS unexpectedly tightens policy, USD/SGD uptrend still eyed

Singapore dollar receives boost from surprise MAS policy tightening; the road ahead remains tough for SGD, but this is certainly welcome and USD/SGD testing a recently emerged rising trendline, will ... ( read original story ...)

Posted on 14/07/2022

Triangle Energy’s Cliff Head JV project loads first oil on tanker bound for Singapore along new export route

The new export route utilising the Port of Geraldton will enable the continuation of oil production in the Perth Basin for both the ... ( read original story ...)

Posted on 14/07/2022

Coronavirus update: Singapore reports 16,870 new cases, 3 more deaths

Singapore reported 16,870 new Covid-19 cases 15,978 local infections and 892 imported cases and three deaths as of Wednesday noon ... ( read original story ...)

Posted on 13/07/2022

NTU Singapore and Alibaba continue investing in local students to create solutions for the world’s most pressing challenges

To nurture R&D talents in Artificial Intelligence and other related areas, Alibaba Group and Nanyang Technological University, Singapore (NTU Singapore) announce that the Alibaba Talent Programme (ATP ... ( read original story ...)

Posted on 13/07/2022

Singapore sets up first battery storage system to improve port energy usage

Singapore has set up its first battery energy storage system (BESS) to manage peak consumption at the world's largest container transhipment hub. ( read original story ...)

Posted on 13/07/2022

Take stock of M1’s ‘transformation’ to become a major participant in the pan-Asian business market

It has been three years since the start of M1’s transformation journey, and the company thinks it is now ready for the next phase of its transformation. If you’re a Singaporean mobile phone company, ... ( read original story ...)

Posted on 13/07/2022

S’pore Starts Importing Frozen Chicken From Indonesia On 13 Jul, Helps Diversify Food Sources

Singapore begins importing chicken from Indonesia. The first batch of frozen chicken will depart from Indonesia on the evening of 13 Jul. ( read original story ...)

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