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Tag: business

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 ...

Posted on 26/03/2025

Jardine’s DFI says S$125 million sale of Singapore food business not price-sensitive, but investors disagree

SINGAPORE] Supermarket and retail store operator DFI Retail Group on Monday (Mar 24) explained why it did not announce the divestment of its Singapore food business on the Singapore Exchange (SGX).

Posted on 26/03/2025

Singapore Focuses on Growth with New Tax Incentives for Investors

Opinion: Crowe's Sivakumar Saravan says multinational enterprises should assess the range of opportunities offered by the new corporate tax measures in Singapore's 2025 budget.

Posted on 26/03/2025

1.3% dip in Singapore factory output despite high growth expectations

SINGAPORE - Factory production in Singapore fell in February, breaking a seven-month rising streak, after the biomedical and electronics clusters contracted year-on-year. Total output decreased 1.3 ...

Posted on 26/03/2025

Singapore Manufacturing Output Falls Sharply in February Amid Weak Biomedical Demand

Singapores manufacturing sector unexpectedly contracted in February, with output falling 1.3% year-on-year, defying forecasts of a 7% increase, according to data from the Singapore Economic ...

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