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Tag: business

Posted on 23/09/2022

CNA Explains: How the Russia-Ukraine war drove up LNG prices and what this means for Singapore

As the war in Ukraine drags on, LNG prices will remain elevated, say analysts. How will Singapore be affected and are there viable energy alternatives? ( read original story ...)

Posted on 23/09/2022

Hong Kong replaced by Singapore as Asia’s top finance centre

Hong Kong has lost its crown as Asia's premier finance centre to Singapore in a global ranking list where New York and London maintained their number one and two spots. Singapore jumped three places t ... ( read original story ...)

Posted on 22/09/2022

Businesses fleeing to Singapore from Hong Kong dealing with soaring inflation costs in city state

With inflation soaring to the highest level in 14 years, expenses are rising at a faster pace in Singapore than in its financial rival, where price increases have been more modest. ( read original story ...)

Posted on 22/09/2022

Singapore’s Rising Costs of Running a Business Outpace Hong Kong

Singapore looks like an attractive location for firms wanting to exit Hong Kong, but they may find a move to the city-state hits their bottom line more than expected. ( read original story ...)

Posted on 21/09/2022

Asia LNG prices stabilise as China expands imports of cheap Russian supply

SINGAPORE - Prices of liquefied natural gas (LNG) are levelling out in Asia thanks to a move by China to buy less on the global market and more from Russian sellers desperate to strike deals on the ... ( read original story ...)

Posted on 21/09/2022

No loss here: Singapore transport service sees an ‘increase’ in business despite 1-star reviews

But who cares about free things when business is on the rise? A wheelchair transport service said it is receiving more business despite the backlash for snarkily telling off a customer recently. Vimo ... ( read original story ...)

Posted on 20/09/2022

Singapore ‘Fort Knox’ sold to Chinese crypto billionaire Wu Jihan

Le Freeport is a private, maximum-security vault for fine art, precious gems and stashes of gold and silver. Read more at straitstimes.com. ( read original story ...)

Posted on 20/09/2022

India to pitch green hydrogen, renewable financing to Singapore’s Deputy PM

Joint public and private partnerships between the two nations along with research and development in the upcoming green hydrogen sector would be explored ... ( read original story ...)

Posted on 20/09/2022

Singapore aims to start drink container return scheme in 2024, targets 80 per cent collection rate

The city-state is mulling a 10 to 20 cent fee that will be refunded when consumers return drink cans and plastic bottles for recycling. Collection points will be set up near supermarkets, town halls ... ( read original story ...)

Posted on 20/09/2022

Singapore e-commerce giant Shopee cuts jobs in China as lay-offs spread from Indonesia, Latin America

The operator of Southeast Asia’s largest e-commerce platform laid off a number of employees in China on Monday, as its parent Sea Limited trims its global payroll following steep losses. ( read original story ...)

Posted on 20/09/2022

Singapore’s most outstanding architecture professionals under 40

This year’s list includes architects who helped improve healthcare spaces. As the world continues to be battered by environmental and health challenges, Singapore’s architecture professionals also ... ( read original story ...)

Posted on 20/09/2022

Singapore Customs raids largest complex of car importers and dealerships

Carros Centre in Sungei Kadut is a 2.3 million sq ft multi-storey complex housing car importers and used car dealerships. Read more at straitstimes.com. ( read original story ...)

Posted on 19/09/2022

Singapore allows import of Argentina’s pork products

Argentina had succeeded in opening the Singapore market for its pork and pork products, resulting in the authorisation of three meat packing plants in the former. ( read original story ...)

Posted on 19/09/2022

Shopee axes more Singapore staff, says it will give ‘appropriate compensation’

SINGAPORE - Employees affected by e-commerce platform Shopee's latest round of job cuts will be given "appropriate compensation packages" in line with market norms, the firm said in a joint statement ... ( read original story ...)

Posted on 19/09/2022

Amid geopolitical tensions, Singapore firms take no sides

Survey finds many local businesses are dependent on both the US and Chinese economies doing well. Read more at straitstimes.com. ( read original story ...)

Posted on 19/09/2022

The Big Read: Fans, businesses primed and eager for F1’s post-pandemic comeback – what’s at stake for Singapore?

SINGAPORE: After being prevented from travelling to Singapore for two years due to pandemic-forced border closures, Malaysian Chin Yi Yun decided to celebrate her recent freedom to travel with a big ... ( read original story ...)

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