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Tag: business

Posted on 14/08/2025

Singapore key exports rise 7.1% in Q2 but full-year forecast unchanged as tariff fears simmer

The trade agency still expects growth in key exports to come in at the lower end of its 1%-3% forecast in 2025. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 13/08/2025

Singapore banks see H1 profit ease on margin, tax pressures

The big three’s profitability moderated from peal levels, noted Moody’s Ratings. Singapore’s three largest banks reported slightly lower profitability in the first half of 2025, compared to the period ...

Posted on 13/08/2025

Singapore life insurance new business premiums surge 7.7% to nearly S$3 billion in H1 2025 while claims payouts fall 42%

SINGAPORE] The life insurance industry in the Republic recorded a total of S$2.99 billion in weighted new business premiums for the first half of 2025, representing a year-on-year growth of 7.7 per ...

Posted on 13/08/2025

Singapore companies improve slightly on corporate governance; Sats retains top spot in key index

SINGAPORE] Companies listed on the Singapore Exchange have slightly improved their corporate governance practices and transparency in financial disclosures, going by an annual scorecard developed by ...

Posted on 13/08/2025

‘Business has increased by 30%’: Local drivers see improvement amid LTA enforcement against illegal ride-hailing services

As Singapore ramps up enforcement efforts against drivers providing illegal ride-hailing services within the country and across the border, local licensed drivers are reportedly seeing their business ...

Posted on 13/08/2025

Ninja Van slashes Singapore workforce by 12%

Singapore’s logistics company Ninja Van has cut its Singapore workforce by around 12%, its third round of layoff since last year.

Posted on 13/08/2025

Crypto mogul Do Kwon, known as ‘the cryptocurrency king,’ pleads guilty to fraud charges

South Korean cryptocurrency mogul Do Kwon pleaded guilty on Tuesday to two fraud charges arising from the $40 billion collapse of a cryptocurrency ecosystem that had promised investors their money was ...

Posted on 13/08/2025

Do Kwon pleads guilty to US fraud charges in $40 billion crypto collapse

Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded guilty on Tuesday to two U.S. charges of conspiracy to defraud ...

Posted on 13/08/2025

Do Kwon pleads guilty to US fraud charges in US$40 billion crypto collapse

The South Korean founder of Singapore-based Terraform Labs was behind the TerraUSD and Luna digital currencies.

Posted on 13/08/2025

Do Kwon may plead guilty in US case over $51 billion collapse of Singapore-based Terraform

Implosion of Terraform’s TerraUSD stablecoin shook the crypto world in 2022. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 13/08/2025

Crypto Venture Capital Trends In Q2 2025: Mining Firms Lead The Way

Venture capital investment in crypto & blockchain startups dropped by 59% in Q2 of 2025, with $1.976B raised across 378 deals, partly due to absence of large transactions.

Posted on 12/08/2025

Passport Portfolios: A Strategic Playbook For Mobility, Tax And Talent In 2025

In 2025, a passport is more than a travel document—it’s an operating system for wealth. The families who treat mobility as a strategic asset, integrate tax modeling before they move, and reevaluate ...

Posted on 12/08/2025

A toast to the movers and shakers behind 60 years of economic prosperity in Singapore

BT has played a crucial and enduring role in telling the country’s economic story, says Grace Fu. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 12/08/2025

Pudgy Penguins mascot set for F1 Singapore debut after Kraken win

Pudgy Penguins mascot heads to F1 Singapore after Kraken trading contest win. PENGU token gains 55.1% over 30 days with new exchange listings. Several NFT collections show strong performance across 24 ...

Posted on 12/08/2025

Economists, MTI cautious on Singapore’s H2 growth despite full-year forecast upgrade

SINGAPORE] Private-sector economists and the Ministry of Trade and Industry (MTI) warned that the second half of 2025 will remain challenging, even as the official full-year growth forecast was ...

Posted on 12/08/2025

Singapore’s Wilmar International’s first-half profit drops

(Reuters) -Singaporean food conglomerate Wilmar International reported a 3.7% fall in its first-half core net profit on Tuesday, hurt by the weaker performance of its feed and industrial products ...

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