The global singapore tourism market is estimated to garner a revenue of US$ 27 billion in 2022, surpassing US$ 39.9 billion by 2032, advancing at a CAGR of 4% during the forecast period (2022-2032).
Ports of Singapore and LA, Long Beach to Establish a Green and Digital Shipping Corridor
Port of Los Angeles, Port of Long Beach and C40 Cities have begun discussions to establish a green and digital shipping corridor between Singapore and the San Pedro Bay port complex. The corridor will ...
Singapore proposes to raise carbon tax to S$25 per tonne for greenhouse gas emissions in 2024 and 2025
Progressive increases will set Singapore on a trajectory to reach between S$50 to S$80 per tonne by 2030, said Minister for Sustainability and the Environment Grace Fu.
OCBC enables authentication tech for foreign business owners to open new bank account
OCBC Bank is making it easier for foreign owners of Singapore-incorporated small and medium-sized enterprises (SMEs) to open business banking accounts, through the use of digital passport ...
The Big Read: Defying doubters, Singapore built a flourishing start-up scene within a decade. Can it take the next step up?
"Scale-ups" refer to start-ups that have a stable business model and have proven their viability. Based on this measure, Dr Wong said that Singapore is “making good progress”, though he ...
Singapore ranks fifth out of 30 economies in index on sustainable trade
Singapore is rated fifth in the world when it comes to sustainable trade, which covers economic, societal and environmental aspects, according to a report released on Tuesday.
Singapore estimates carbon dioxide equivalent emissions to peak between 2025 and 2028
In Singapore's second update to its 2030 Nationally Determined Contribution, it indicated a reduction in emissions to about 60 million tonnes of carbon dioxide equivalent in 2030 – a 5 million-tonne ...
Hong Kong takes on Singapore for Asia’s crypto crown
Hong Kong has kicked off a contest to become Asia’s crypto capital as investors and executives warn rival Singapore may be squandering its head start with its pivot to stricter regulation. The sudden ...
Singapore sovereign fund and Dream Industrial to buy Summit Industrial Income REIT
A Singaporean sovereign wealth fund and Dream Industrial REIT have formed a joint venture to buy Summit Industrial Income REIT in a deal valued at $5.9 billion, including assumed debt. Summit holds a ...
Singapore’s GIC, partner to buy Canadian REIT Summit for $3.3 billion
A GIC signage is pictured during their results announcement in Singapore July 2, 2019. REUTERS/Anshuman Daga ...
Inside the new business ‘snuggle class’ double beds
The trend to mix business with pleasure lends itself to an increase in demand in the premium leisure category." In ultra-swanky international first class, double beds have been the norm since the ...
Thai and Singapore currencies most at risk from yuan’s slump
Investors in the Singapore dollar and Thai baht will have to brace for losses if the Chinese yuan, the worst-performing Asian currency on Monday, continues its fall against the dollar as the country ...
Significant opportunities in China for Singapore companies despite gloomy outlook: Gan
DESPITE “greater uncertainty” and a gloomy outlook in today’s world, there remains “significant opportunities” in China that Singapore companies can tap on, especially within the digital and green ...
China’s Exports Drop Sharply as Global Economy Slows
The pullback in demand for its goods abroad removes a key prop for China’s growth as its economy is pressured by the government’s zero-Covid strategy and a severe real-estate slump.
China Oct coal imports slip from 10-mth peak as COVID curbs crimp demand
China's coal imports slipped in October from a 10-month high in September, as Beijing's ultra-strict COVID-19 restrictions dampened demand for the power generation fuel.
Singapore Airlines first-half profit soar to $876 mn as world reopens
For the corresponding period a year ago, the airlines suffered a loss of SGD 602 mn for first half and a loss of SGD 345 mn for second quarter of its financial reporting period which starts in April ...