Select businesses in Singapore can enjoy one more year of government grants to invest in energy efficiency. David Broadstock of Energy Studies Institute explores if households should be empowered to ...
China’s growing middle-class kingdom in Singapore is causing heartburn | Explained
The reasons behind the middle-class Chinese citizens making the move to Singapore are manifold — political stability, economic growth, and access to a high quality of life, among other things.
Wholesaler and its director fined $13,000 for illegal import of Malaysian produce
A truck was found to contain 324kg of undeclared and under-declared fresh fruits and vegetables at Woodlands Checkpoint. Read more at straitstimes.com.
DBS benefits from flight to safety by institutional crypto investors
The downturn in crypto values and multiple scandals has led to a boom in bitcoin trading at Singapore's DBS Bank, which saw volumes grow by 80% on its Digital Exchange (DDEx).
Trading firm director gets jail over import of nearly 1,800 elephant tusks into Singapore from Africa
SINGAPORE: The director of a trading firm was sentenced to 10 months' jail on Wednesday (Feb 15) for importing 1,787 pieces of elephant tusks from Africa into Singapore, en route to Vietnam. The tusks ...
Trading firm director jailed over import of over 1,700 pieces of elephant tusks
A woman, who was a director of a trading company that imported a 40-foot container containing an unprecedented haul of 1,787 pieces of elephant tusks, was given 10 months’ jail on Wednesday (Feb 15).
10 months’ jail for trading firm director linked to import of more than 1,700 elephant tusk pieces
After a trial, Dao Thi Boi, now 40, was convicted in 2022 of an offence under the Endangered Species (Import and Export) Act. At the time of the offence, the Vietnamese woman, who is also a Singapore ...
Singapore’s plan to raise tax for big multinational firms won’t cause a ‘major exodus’: Maybank
Thilan Wickramasinghe of Maybank Securities discusses Singapore's plan to introduce a minimum corporate ... is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial ...
Budget 2023 to empower business transformation: SBF
The government's measures include a $4b top-up to the National Productivity Fund. The Singapore Business Federation (SBF) welcomed business support measures from the 2023 budget, adding that these ...
Binance CEO: crypto industry will probably move to non-dollar stablecoins
The crypto industry will “probably” start using euro, yen, or Singapore dollar based stablecoins in the future, reducing its reliance on US dollar based stablecoins, according to a Feb. 14 statement ...
Singapore business banking startup Aspire raises $100M
Aspire, a Singapore-based B2B banking startup, announced today that it raised $100 million in Series C funding led by Lightspeed and Sequoia Capital SEA. Why it matters: Despite a slowdown in fintech ...
Confusion Spirals in Crypto as the US Cracks Down
a stablecoin developed in partnership with the world’s largest crypto exchange, Binance. The SEC declined to comment, but Paxos, which is based in New York and Singapore, confirmed today that the ...
Singapore 2022 deficit set to be lower than expected; inflationary pressures persist
Singapore says its budget deficit for 2022 will be lower than ... The government pledged to support households and business. To help Singaporeans tide through the increasing cost of living, as well as ...
Singapore shares buck regional gains on Tuesday; STI down 0.2%
SINGAPORE - Singapore shares fell marginally on Tuesday as traders stayed on the sidelines, anxiously awaiting key US inflation data for more clues on rate movements in the world’s largest economy.
Singapore fin min sees lower 2022 budget deficit at S$2 bln
Singapore Finance Minister Lawrence Wong said on Tuesday the government expects 2022's budget deficit to be S$2 billion ($1.51 billion), or 0.3% of gross domestic product, down from a previous ...
Singapore’s DBS bank plans to apply for crypto license in HK: report
Singapore’s DBS Group plans to apply for a license to offer crypto to Hong Kong customers as the Chinese special administrative zone pushes to become a hub for digital assets and reforms its crypto ...