Now that the year has turned, some retailers have switched from getting consumers to buy big-ticket items before the Goods and Service Tax (GST) go up to absorbing the tax increase for customers or ...
Singapore’s retail sales grew 6.2% year-on-year in November 2022
DOS of Singapore announced that the country's retail sales grew by 6.2 per cent year on year in November 2022, following the about 10.3 per cent year-on-year increase recorded in the previous month ...
Singapore food waste start-up UglyFood closes down
SINGAPORE: UglyFood, the local start-up with a stated mission to reduce food waste, is closing down close to seven years after its launch. The online grocer said it was winding up as it was "unable to ...
Singapore shares rise on Thursday; STI up 1.1%
SINGAPORE shares were pulled into positive territory on Thursday (Jan 5) following overnight gains from major markets in the US and Europe. Read more at The Business Times.
Singapore likely to achieve balanced budget in current government term despite Covid deficit
THE Singapore government is expected to balance its budget for the current term, set to end by 2025, despite a record S$51.6 billion overall budget deficit in financial year 2020 when the Covid-19 ...
Bloomberg TV seeks an on-air reporter/producer in Singapore
Bloomberg TV is seeking an On-air reporter/Producer based in our Singapore bureau. You’ll be reporting on markets as well as a range of other topics including business, economics and politics. You’ll ...
Singapore-based crypto firm hit by Dec 26 hack, more than $10 million lost
Thousands of users reported having their funds stolen from their BitKeep wallets. Read more at straitstimes.com.
Singapore grants FBO license to Converge unit
Converge ICT Solutions Inc. may now provide international connectivity services in Singapore, as the Infocomm Media Development Authority (IMDA) granted a Facilities-Based Operations (FBO) Licence to ...
Govt to import 100,000 MT of rice from India and Singapore
The government will import 100,000 metric tons (MT) of rice from the international market. The Cabinet Committee on Government Purchase, in a meeting with Finance Minister AHM Mustafa Kamal in the ...
Singapore-based crypto firm hit by Boxing Day hack, more than S$10mil lost
More than US$8mil (S$10mil or RM32.86mil) was stolen from a Singapore-based crypto wallet provider last Monday after a hacker manipulated files enabling users to download the wallets on their phones.
3 men arrested, over 4,000 cartons of duty-unpaid cigarettes seized by Singapore Customs
SINGAPORE – Three men were arrested and more than 4,000 cartons of duty-unpaid cigarettes were seized by Singapore Customs in an operation on Dec 30. The total duty evaded was more than $387,000, ...
Singapore GDP grew 3.8% in 2022; further weakness ahead amid global headwinds
SINGAPORE’S economy expanded 3.8 per cent year on year in 2022, with growth in the services sector helping to offset sluggish performance in the manufacturing sector, according to advance estimates ...
How Safe Is It To Store Crypto on Exchanges? What To Know Amid FTX Collapse
Undoubtedly, cryptocurrency is not the safest investment to make. Aside from extreme volatility risks and loose regulations, there are thousands of tokens with questionable use cases. Although not ...
Small Business, “Big Problem,” Report Reveals that 67% of SMEs Worldwide Are “Fighting for Survival”
SMEs and mid-sized companies are the backbone of the global economy, according to an update from the World Economic Forum (WEF).
Best Crypto Exchanges UK For 2023
An ambitious newcomer, BitYard launched in 2019. This Singapore-based crypto exchange provides trading services in more than 150 countries. BitYard is one of the few exchanges that complies with ...
Crypto Exchange Bithumb Former Chairman Found Not Guilty By South Korean Court
Former chairman of South Korean cryptocurrency exchange Bithumb Lee Jung-hoon on Tuesday was declared not guilty by the 34th Division of the Criminal Agreement of the Seoul Central District Court.