LUXIEE, a Singapore-based start-up, has secured a round of financing of up to SGD $5 million from a family office that is locally headquartered. The funds will enable the e-commerce platform ... ( read original story ...)
Singapore’s Wealth Creation: Strong GDP Rebound Expected Amid Record-High Budget Deficit
The GDP growth of the city-state this year is forecast to surpass pre-pandemic levels, despite its government recording the largest budget deficit in the sovereign state’s history last year. ( read original story ...)
Better-than-expected Q2 GDP lifts hopes of faster Singapore growth though Delta variant threat lingers
The bulk of growth came from manufacturing, which expanded by 17.7 per cent year on year.. Read more at straitstimes.com. ( read original story ...)
Singapore clocked a massive $24 billion in real-estate sales in the first half of 2021 — twice as much as NYC
Singapore's real-estate market has remained hot in the pandemic thanks to its "safe haven" reputation and low tax rates. ( read original story ...)
Fixed asset investment commitments in Singapore rise to $3.6 billion in Q2: MTI
SINGAPORE - Fixed asset investment (FAI) commitments in Singapore rose to $3.6 billion in the April-June period, up 28.6 per cent from $2.8 billion in the first quarter, according to the Ministry of ... ( read original story ...)
Singapore ups trade forecasts again as Q2 non-oil exports surge 10.1%
Forecasts raised for 3rd time this year, on the back of strong Q2 growth in sectors such as electronics and petrochemicals.. Read more at straitstimes.com. ( read original story ...)
Singapore Q2 GDP Spikes 14.7% On Year
Singapore's gross domestic product expanded 14.7 percent on year in the second quarter of 2021, the Ministry of Trade and Industry ... ( read original story ...)
In Singapore, 40 per cent of water supply comes from recycled sewage
The city state uses a system that transforms sewage into water so clean it is fit for human consumption while reducing ocean pollution. ( read original story ...)
Sri Lanka’s Hambantota port inks deal to assemble, export yachts
Sri Lanka Hambantota International Port HIP signed a 58-million-US dollar deal with Maldivian company Sea Horse Y ... ( read original story ...)
Singapore’s MM2 Asia Ready to Launch Spin-Off IPO if Cinema Sale Fails
Singaporean entertainment mini-conglomerate MM2 Asia says that it is continuing to look at a spin-off IPO of its cinema exhibition business, even though it has signed a term sheet with a potential ... ( read original story ...)
Plant-based egg? Food tech startup Hoow Foods wants to help S’pore rely less on egg imports
Hegg Foods makes healthier, more environmentally-friendly plant-based eggs to aid Singapore's "30 by 30" goals. Homegrown food tech company Hoow Foods announced last week (August 3) that it has ... ( read original story ...)
Singapore’s fintech industry sees 3-year record of 72 deals worth $833m in H1
Singapore's financial technology (fintech) industry saw a three-year high in deals transacted in the first half of this year, thanks to corporates speeding up their digital transformation. The sector ... ( read original story ...)
They put Singapore on the world map despite the pandemic: A promising young footballer, designer, and a business-savvy trio
Designer Alexandra Beggs; entrepreneurs Mohamed Afiq (top), Ng Jun Kai (centre), and Nathaniel Yim (bottom); and footballer Yasmin Namira are doing Singapore proud with their international ... ( read original story ...)
WeWork launches growth initiative for startups in Singapore
Startups can get up to 50% off on membership fees at its Growth Campus locations plus complimentary access to WeWork’s virtual accelerator platform. ( read original story ...)
Tolos Launches 2 Day Frozen Shipping Service in Singapore
Tolos started the 2-day frozen shipping service from Korea to Singapore. The B2C, B2B customers are increasing after the service launch. ( read original story ...)
8 Business Owners Who Received The Singapore National Day Award In 2021
The National Day Awards are actual medals. The post 8 Business Owners Who Received The Singapore National Day Award In 2021 appeared first on DollarsAndSense Business. ( read original story ...)