Nodx growth slowed to 3% last year from 12.1% in 2021, with Q4 shipments dropping by a sharp 14%. Read more at straitstimes.com.
Singapore’s DBS says exposure to Adani group is ‘tightly managed’
SINGAPORE: DBS Group has a tightly managed exposure to India's Adani group of companies, the chief executive of Southeast Asia's largest bank said on Monday (Feb 13). DBS was among a group of banks ...
Live news: Singapore GDP grows less than expected as global slowdown bites
Singapore has been raising interest rates as it battles inflation ... Barclays, which reports on Wednesday, is a bit of a different story. Its UK business should benefit from rate rises, but it is ...
Singapore’s imports and exports grew last year, 2023 trade growth expected to moderate
Top NODX to Singapore’s top markets grew in 2022, except for China, Hong Kong and Thailand. The biggest contributors to the NODX increase were the US, European Union countries and Malaysia. Oil ...
Singapore keeps forecast for 2023 trade and export growth at ‘-2 to 0%’
Trade with most major partners will slow except China and Japan Singapore’s trade and non-oil domestic export (Nodx) for 2023 is seen to slow, following a strong recovery from the pandemic recorded in ...
Singapore plans to upgrade electricity grid amid rising energy demand, increasing use of renewables
With plans to increase the amount of low-carbon electricity imports to 4 gigawatts by 2035 and produce at least 2 gigawatts of solar power by 2030 – from more than 300 megawatt-peak as at the end of ...
Long Weekend | 36 Hours in Singapore: The Lion City that keeps reinventing
If there’s one thing I’ve learnt about Singapore, she’s like a rockstar or a champion sportsperson who never stops reinventing. I’ve lost track of the number of times I’ve visited the Lion City. From ...
Crypto tax rate comparison of different countries
Capital gains of cryptocurrency are not currently taxed. In Singapore, cryptocurrency transactions are subject to tax similar to other forms of income. Trading Crypto, mining Crypto and buying goods ...
A year after the ‘Crypto Bowl,’ crypto ads are gone from the big game
The dramatic turnaround hearkens back to 2000, when dot-com companies such as Pets.com ran Super Bowl ads, only to go out of business within a year or two.
Malaysia still important source of chicken, says Singapore minister
Republic's trade and industry minister Gan Kim Yong says, however, other countries will continue to supply live chickens, including Indonesia.
Commentary: A ‘single clearance’ customs at Causeway? Stop talking and get it done
In other words, travellers will only need to clear customs once - either in Singapore or Malaysia. Under Mr Fazli’s proposal, Singapore’s immigration officers will be stationed in Johor to clear ...
Year after ‘Crypto Bowl,’ crypto ads vanish from big game
Some marketing experts dubbed it the “Crypto Bowl.”A year later, the industry has been humbled by a massive downturn in crypto prices, as well as the bankruptcy of several well-known companies. The ...
Sarawak agrees to export energy to Singapore in return for investment, says Abang Jo
Sarawak will export the maximum ceiling of 1,000 megawatt of energy to Singapore in return for investment, Premier Tan Sri Abang Johari Openg said tonight. He said he was in Singapore with Prime ...
Premier: Sarawak agrees to export energy to Singapore in return for investment
Sarawak will export the maximum ceiling of 1,000 megawatt of energy to Singapore in return for investment, Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said tonight. He said he was in Singapo ...
FTX claimants bite into new crypto venture by founders of failed Three Arrows Capital
The new platform, deemed highly risky and ridiculed on social media, is set up by 3AC co-founders Kyle Davies and Zhu Su, both of whom are Singapore citizens. They have joined co-founders of ...
Prime Minister attends Vietnam – Singapore business forum
Vietnam encourages partners and investors to engage in digital transformation, green transition, circular economy, innovation, and hi-tech and low-emission development in the country. Prime Minister ...