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Tag: business

Posted on 13/12/2022

2 men arrested, over 4,600 cartons of duty-unpaid cigarettes seized by Singapore Customs

The total evaded duty amounted to about $397,160, while evaded GST was $31,610. Read more at straitstimes.com.

Posted on 13/12/2022

Singapore seen as gateway to ASEAN as Pakistan seeks to diversify trade

Pakistan has seen economic fallout stemming from the Russia-Ukraine war and the COVID-19 pandemic, as well as devastating floods that submerged a third of the country this year.

Posted on 13/12/2022

Singapore: Jail for ex-manager at Pokka who unlawfully supplied RM4.5 million worth of drinks to North Korea

A former channel manager at beverage firm Pokka International who unlawfully supplied nearly S$1.3 million (RM4.5 million) worth of drinks to North Korea was jailed for five weeks on Monday.

Posted on 13/12/2022

Singapore Airlines Will Ban Emotional Support Animals From April

The flag carrier generally does not allow pets in aircraft cabins, except for assistance and emotional support dogs.

Posted on 12/12/2022

Temasek-backed crypto firm Amber Group making ‘dynamic headcount adjustments’ across global offices

SINGAPORE: Temasek-backed crypto firm Amber Group has "made adjustments dynamically" to its headcount and team compositions across global offices, with its Singapore headquarters "open and operating ...

Posted on 12/12/2022

S Korea says crypto-fugitive Do Kwon is in Serbia

South Korean authorities say they believe Do Kwon, the failed cryptocurrency boss behind the $40bn (£32.7bn) collapse of the terraUSD and Luna tokens, is hiding in Serbia. The Seoul Southern District ...

Posted on 12/12/2022

Singapore, Hong Kong, Thailand to benefit aplenty after China reopening

Hong Kong, Thailand and Singapore will likely be the biggest beneficiaries as China drops its Covid restrictions and reopens its economy, driving up demand for imports and overseas travel, according ...

Posted on 12/12/2022

RPT-China’s December refined oil exports may hit record near 7 mln T

China may close the year with record shipments of key transportation fuels in December as refiners rush to use their export quotas and maximize overseas profits to compensate for tepid domestic fuel ...

Posted on 12/12/2022

Singapore acquisition opens new doors for Japanese staffing group Persol

Japanese staffing company Persol Holdings aims to build on an acquisition in Singapore to grow its business of supplying front-line workers for restaurants, warehouses and other businesses. This ...

Posted on 11/12/2022

Singapore and Pakistan eyeing increase in exports of food and agricultural products

Pakistan and Singapore are looking forward to increasing exports in food and agricultural products, said the foreign ministers of both countries.

Posted on 10/12/2022

In Singapore, Temasek Holdings-funded crypto startup Amber Group ‘adjusting’ headcount but ‘not at risk of insolvency’

Amber Group, a cryptocurrency startup backed by state investment firm Temasek Holdings, is scaling back its growth plans and “adjusting” its ...

Posted on 10/12/2022

Temasek Holdings-funded crypto startup Amber Group ‘adjusting’ headcount but ‘not at risk of insolvency’

Amber Group, a cryptocurrency startup backed by state investment firm Temasek Holdings, is scaling back its growth plans and "adjusting" its headcount, but it is not at risk of insolvency, the company ...

Posted on 10/12/2022

Crypto.com Releases Data to Assure Clients It Holds One-to-One Reserves

Mazars released the study for Crypto.com on Friday. Earlier this week, Mazars also said that Binance, the world’s biggest crypto exchange, held enough Bitcoin needed to cover customer deposi “It is ...

Posted on 10/12/2022

Chelsea reportedly loses $25 million crypto sponsorship deal as FTX’s collapse hammers other platforms

Crypto lender Amber's is dropping the soccer club in a cost-cutting push, Bloomberg reported, as FTX's collapse sends digital asset companies reeling.

Posted on 10/12/2022

Rush for Singapore government securities means it now takes 20 business days to open a CDP account

Account applications exceeded 19,000 in November – a 60 per cent increase from August. Read more at straitstimes.com.

Posted on 10/12/2022

Singapore welcomes back travellers and business events

Singapore welcomed back travellers with no quarantine and testing requirements. All international MICE travellers are now being invited back to the Southeast Asian economic powerhouse, the perfect ...

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