In 2016, reportedly half of US corporate profits were stashed in seven countries with low tax rates: Bermuda, the Cayman Islands, Ireland, Luxembourg, the Netherlands, Singapore and Switzerland. In ...
Singapore’s core inflation would have peaked at 7.2% if not for MAS’ policy moves: Alvin Tan
HAD the Monetary Authority of Singapore (MAS) not moved to tighten monetary policy since October 2021, core inflation would have reached 7.2 per cent year on year at its peak. This is 1.9 percentage ...
Car, COE, road tax, insurance, petrol, maintenance — Singaporeans answer the question: “How expensive (owning) cars in Singapore?”
SINGAPORE: A recent video wherein Singaporeans were asked to answer “How expensive are cars in Singapore?” got over 177,000 views in less than a day. One respondent’s answer included a variety of ...
Singapore business groups warn of ‘complexities’, more traffic jams if firms banned from ferrying workers on back of lorries
SINGAPORE: Any move to eliminate the transportation of workers on the backs of lorries for safety reasons involves "real, practical and operational complexities", a tot ...
Singapore stocks end flat amid mixed regional trading
Across the broader market, gainers outnumbered losers 317 to 290 after 1.3 billion securities changed hands. Read more at straitstimes.com.
Not so simple: Business groups push back on calls to ban transporting workers in lorries
More than 20 business associations on Tuesday (Aug 1) issued a joint statement calling on the Government to take "careful consideration" when looking at possible regulatory changes to transporting ...
Singapore to play host to ‘The Business Show’ 2023: A premier global gathering of business minds
Singapore is set to host the globally acclaimed 'The Business Show' Singapore 2023, a dynamic two-day event that fosters business innovation, adaptation, and networking. Featuring over 300 exhibitors ...
Global and Singapore fintech funding in 1H2023 dropped, but payments and AI remain resilient sectors: KPMG
In Singapore, 84 deals in mergers and acquisitions (M&A), private equity (PE), and venture capital (VC) accounted for the US$934 million raised, a drop from the 117 deals in 2H2022. However, the ...
Manufacturing firms optimistic about business in the remaining months of 2023
Across industries, firms in the transport engineering cluster expressed the highest optimism. Manufacturing firms in Singapore are more optimistic about their business conditions in the next six ...
Royal Caribbean cruise passenger who ‘could not swim’ goes overboard in Singapore Strait
A Royal Caribbean cruise passenger who reportedly "could not swim" fell overboard into the Singapore Strait Monday as the vessel was headed to Singapore.
Singapore tech workers face volatile share price, tax burden with stock options
AS SHARE prices of tech companies rallied over the last decade, generous stock grants and options dished out by companies led to windfalls for many employees. But with the recent slump in tech stocks, ...
Singapore manufacturing, services business outlook slightly more upbeat for next 6 months
SINGAPORE’S manufacturers and services firms have become more positive about business conditions in the next six months, based on separate quarterly surveys on Monday (Jul 31). Read more at The ...
Singapore stocks gain in line with region
Across the broader market, gainers outnumbered losers 357 to 271 after 1.6 billion securities worth $1.3 billion were traded. Read more at straitstimes.com.
Crypto token of key DeFi exchange Curve Finance sinks after exploit
Curve Finance’s CRV token has shed about 15 per cent since the problem emerged and was trading at approximately 63 US cents as of 9.30 am in Singapore on Monday.
9 in 10 Singapore consumers shop at local businesses, but only half consciously feel importance in doing so
While Gen Z-ers are less emotionally tied to local businesses, they’re more willing to pay a premium for local products.
Singapore carbon exchange CIX sticks with Cambodian project amid human rights review
SINGAPORE-based carbon exchange Climate Impact X (CIX) is keeping credits from a suspended Cambodian project in its flagship contract, as a standards body reviews the project over human rights ...