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Tag: business

Posted on 17/12/2024

Singapore Leading World in Crypto Adoption, With 40% of Investors Holding Digital Assets: Report

The richest country in Southeast Asia has reportedly become the global leader in crypto adoption. Citing data from consultancy Henley & Partners, Bloomberg reports that Singapore is beating all other ...

Posted on 17/12/2024

iFAST Singapore launches China desk to capture booming offshore wealth, targeting global investors with China ties

SINGAPORE: iFAST Singapore, through its wealth advisory division iFAST Global Markets (iGM) Singapore, has introduced a dedicated China Desk to address the offshore wealth management and investment ...

Posted on 16/12/2024

Singaporean man said to be part of crypto scam gang arrested in Thailand

He is suspected of opening digital wallets to receive scam proceeds for the gang. Read more at straitstimes.com.

Posted on 16/12/2024

Singaporean allegedly linked to crypto scam gang arrested in Thailand

A Singaporean man has been arrested in Thailand for his suspected involvement in cryptocurrency scam activities that cheated would-be investors of more than 22.4 million baht (S$887,000). He was part ...

Posted on 16/12/2024

Singapore looks to its neighbours to import low-carbon energy, but obstacles remain

Singapore has begun low-carbon electricity imports from Malaysia – but regional cooperation and cost-sharing are still an issue.

Posted on 16/12/2024

Singapore business confidence remains mixed for Q1 2025

despite a moderate rise in the Singapore Commercial Credit Bureau’s (SCCB) Business Optimism Index (BOI). Based on data released on Monday (Dec 16), the BOI climbed for a sixth consecutive quarter to ...

Posted on 16/12/2024

Singapore, Vietnam firms in talks for new undersea cables

HANOI: Singaporean asset manager Keppel and Vietnamese conglomerate Sovico Group are discussing plans for new undersea fibre-optic cables that would boost the region’s data centre industry, people ...

Posted on 15/12/2024

Not just tariffs: Trump 2.0 could bring some trade deals for South-east Asia too

Countries in the region could benefit from Trump’s pro-growth and transactional inclinations. Read more at straitstimes.com.

Posted on 15/12/2024

Singapore Envoy Finds His ‘Rs 169 With Tax’ Chai ‘Tasteless’, This Is What Chaayos Founder Says As Post Goes Viral

Singapore High Commissioner to India Simon Wong just had an "impossible" tea experience in Gurugram. Looking for "best chai" in a locality he was visiting for work, his Google Search had led him to a ...

Posted on 14/12/2024

Singapore’s Bitcoin gamble sees huge rewards amid monster bull run

Bitcoin crossing the $100,000 mark is a global headline, but nowhere is it more celebrated than in Singapore. The city-state, known for its wealth and tech-forward mindset, has been years ahead of the ...

Posted on 14/12/2024

Allianz scraps proposed acquisition of Singapore’s Income Insurance: Source

The move would have lifted Allianz to fourth-largest composite insurer in Asia, from ninth Read more at straitstimes.com.

Posted on 14/12/2024

Delay in Johor-Singapore SEZ deal sparks uncertainty for SMEs’ growth and investment plans

Dr Cai Dailu, a senior lecturer at NUS Business School’s Department of Strategy and Policy, said the delay could impact how SMEs approach the agreement. He explained that uncertainty over the signing ...

Posted on 14/12/2024

Global investors flock back to Singapore’s commercial property market

Lower rates look set to boost transactions as investors deploy the dry powder amassed over the past 2 to 3 years. Read more at straitstimes.com.

Posted on 14/12/2024

Singapore industrial rents to rise by up to 3% this year

The growth is a lot slower than last year’s 10.5% increase. Notwithstanding the challenges confronting businesses and the global economy, a Savills report said Singapore’s economic growth is likely to ...

Posted on 13/12/2024

Three arrested for evading over $870,000 in cigarette duties and taxes

Three men were arrested on Dec 10 for evading over $870,000 in cigarette duties and taxes, following a Singapore Customs operation. Some 7,383 cartons and 7,031 packets of such cigarettes were seized, ...

Posted on 13/12/2024

Singapore shares end flat amid mixed Asia markets as investors digest China’s monetary easing plans

SINGAPORE stocks closed unchanged on Friday (Dec 13), as China pledged further monetary easing to brace itself for more trade tensions with the United States. The benchmark Straits Times Index (STI) ...

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