New plant will be fully operation end-2026 or early 2027; aims to serve customers in Singapore, Malaysia and India Read more at The Business Times.
Singapore bakery chain Twelve Cupcakes, co-founded by former beauty queen Jaime Teo, shutters after 14 years
Twelve Cupcakes, a pastry chain co-founded by 2001 Miss Universe Singapore winner Jaime Teo, has shut down operations in Singapore after 14 years.
Chain bakery Twelve Cupcakes’s sweet journey in Singapore ends in bitter collapse after 14 years
SINGAPORE, Oct 31 — Singapore’s once-popular bakery cafe chain Twelve Cupcakes has gone into provisional liquidation, closing all 20 outlets and laying off around 80 employees without notice. The ...
US, Singapore Courts Team Up to Protect Multichain’s Missing Crypto
"Technology has essentially erased the relevancy in most instances of geographical borders in business transactions," said Alan Rosenberg, a partner at Markowitz Ringel Trusty + Hartog who is an ...
Singapore sets up world’s first non-profit to centralise purchase of sustainable aviation fuel
SAFCo will procure, manage and allocate the fuel at Changi Airport and Seletar Airport Read more at The Business Times.
Thai police arrest mastermind behind $14 million crypto Ponzi scheme
Thai authorities have arrested Liang Ai-Bing for running a huge cryptocurrency Ponzi scheme together with four other suspects.
Prysmian to complete in 2026 study on Sarawak-Singapore power export project
SINGAPORE: Cable supplier Prysmian expects to complete next year the front-end engineering design study for a project to export hydropower from Sarawak in Malaysia to Singapore, a company official ...
Singapore’s last traditional Teochew mansion reopens to public as heritage space, lifestyle hub
SINGAPORE] The last traditional Teochew mansion in Singapore will reopen to the public from Nov 1, for the first time in over 140 years. Read more at The Business Times.
Singapore total employment jumped by 24,800 in Q3; resident employment growth expected to lag: MOM
[SINGAPORE] Total employment in Singapore rose by 24,800 in the third quarter, led by strong growth in the manufacturing and construction sectors, according to advance estimates released by the ...
Singapore and Vietnam sign agreement on stable sustainable rice trade
GYEONGJU, South Korea: Singapore and Vietnam on Thursday (Oct 30) signed an agreement that will see Vietnam support the unimpeded export of a mutually agreed quantity of rice to Singapore on agreed ...
Singapore court grants GNC rights to Ron Sim’s LAC store leases
The ruling was based on findings that LAC had wrongfully terminated its agreements with US-based GNC. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore faces pressure to reveal carbon tax concessions to oil giants
Carbon tax concessions granted to global oil giants may undermine incentives to shift to cleaner energy, environmentalists fear. So conservation groups in Singapore are ...
Best Tax-Free Countries for Crypto Investors in 2025
Overview: Countries like Germany, Singapore, and the UAE offer favorable or zero-tax rules on crypto gains, making them top choices for investors. In some ...
Singapore court grants GNC rights to Ron Sim’s LAC store leases, awards US$18.9 million damages in franchise dispute
Court finds LAC wrongfully terminated its agreement after preparing to rebrand the US health supplement retailer’s 54 stores here; LAC is appealing decision Read more at The Business Times.
SG woman, 27, faces charges for evading over S$370K income tax
Chong is charged with making false entries in her individual income tax returns for 2021 and 2022. This resulted in a tax undercharged amounting to $371,859. Aside from this, she also allegedly ...
Singapore firm director who filed fraudulent tax claims of over S$1.4mil jailed, ordered to pay $1.9mil in penalties
SINGAPORE: For more than seven years, the director of multiple companies submitted fraudulent tax claims amounting to over S$1.4 million for her firms.