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Tag: business

Posted on 28/03/2025

No change in electricity, gas tariffs for Singapore households from April to June 2025

The electricity and gas tariffs remain at 28.12 cents per kWh, and 22.72 cents per kWh respectively. Read more at straitstimes.com.

Posted on 28/03/2025

Singapore business leaders show cautious approach to climate and catastrophic risk, report reveals

SINGAPORE: Climate risks may be growing, but only 22% of business leaders in Singapore see them as a major concern, according to the 2025 Risk & Resilience: ...

Posted on 28/03/2025

SingPost completes sale of Australian logistics business for about S$845M

SINGAPORE: Singapore Post (SingPost) has completed the sale of its Australian logistics business, Freight Management Holdings (FMH), to Australia-based private ...

Posted on 28/03/2025

SingPost up 7.7% after divestment of Australian logistics business

SINGAPORE] Shares of Singapore Post (SingPost) surged on Friday (Mar 28) morning, one day after the company announced the completion of the sale of its Australian logistics business. Read more at The ...

Posted on 28/03/2025

Why Singaporean Muslim fashion brand Naezily has shut down its business for good after 5 yrs

Singaporean Muslim fashion brand Naezily will be closing for good. The brand's founder, Miza Nazili Ghazali, announced the news on Instagram.

Posted on 28/03/2025

Woman fined S$18,000 for evading GST on luxury goods after sharing about Europe haul online

The woman shared details of her overseas purchases on social media, including methods to evade GST payment. (Images: Singapore Customs) SINGAPORE: A 27-year-old woman was fined S$18,000 (US$13,400) on ...

Posted on 28/03/2025

Navigating uncertainty: How your new business can adapt and grow with the right support

Singtel and GXS Bank bring together the best of connectivity and financial support to help small and medium-sized enterprises (SMBs) scale efficiently. As Singapore’s leading telecommunications ...

Posted on 28/03/2025

10 Ways to Reduce Your Personal Income Tax in Singapore for YA 2026

You know when you get the dreaded SMS from IRAS that it’s time to pay your dues. Yup, the tax man has come to collect. While we can’t avoid ...

Posted on 28/03/2025

Johor-Singapore Special Economic Zone dangles more investor perks

Malaysian official reveals more benefits on sidelines of Korea-Asean Business Forum in Seoul, as UOB bank rolls out support for Korean firms eyeing the region.

Posted on 28/03/2025

Why did this Malaysian supermarket mogul buy Singapore’s Cold Storage, Giant stores? Climate is key factor

Macrovalue co-founder Andrew Lim, who has been lurking in the shadows of Malaysia’s retail sector, has turned into a serious player in the brutal low-margin supermarket business with a cross-Causeway ...

Posted on 28/03/2025

Singapore reigns as top business travel hub in Asia in 2024

Top business travel hub status isn’t just about location—see how Singapore rose to the top and what it means for travel across Asia in 2024.

Posted on 27/03/2025

$18k fine for woman who evaded GST on luxury goods, gave tips online for others to do the same

SINGAPORE – After evading paying goods and services tax at Changi Airport for luxury items she bought in Europe, a woman went on social media to teach others how to do the same. On March 27, Cloey Tan ...

Posted on 27/03/2025

S$18,000 fine for Singaporean woman who evaded GST on luxury goods, gave tips online for others to do the same

SINGAPORE: After evading paying goods and services tax at Changi Airport for luxury items she bought in Europe, a woman went on social media to teach others how to do the same.

Posted on 27/03/2025

Singapore banks flagged for financing Harita’s coal-powered nickel smelters; OCBC tops list of financiers

SINGAPORE] The three local banks in Singapore have been flagged by an environmental advocacy group for financing coal-powered nickel smelters and refineries run by Indonesia’s Harita Group. Read more ...

Posted on 27/03/2025

The continuing search for sustainable sand alternatives an imperative for Singapore

SINGAPORE] Indonesia’s sea sand exports could grow this year, after the country in 2023 lifted a 20-year ban. The move has been described as a “boon” for major sand importer Singapore. But with the ...

Posted on 26/03/2025

Singapore stocks track Wall Street gains with STI up 0.2%

Key indices in the region closed higher. Hong Kong’s Hang Seng Index gained 0.6 per cent, Japan’s Nikkei 225 was up 0.7 per cent, South Korea’s Kospi rose 1.1 per cent, and the FTSE Bursa Malaysia ...

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