SINGAPORE: Singapore's exports fell for a 12th straight month in September on a year-on-year basis as the trade-reliant economy grappled again with global headwinds on inflation and declining demand. Singapore's non-oil domestic exports (NODX) fell 13.2% ...
Sarawak gets nod for undersea power cable project to Singapore
Sarawak premier Abang Johari Openg says the cables, which will pass through Indonesian territory, will enable Sarawak to export up to 1,000MW of electricity.
Why The Next Blockbuster Therapy May Come Out Of Singapore
Singapore's recruitment of talent, billions in investment, top universities, and attraction of venture capital makes it an exciting emerging hub for biotech innovation.
Bernard Arnault-backed Singapore Spac nears merger with Kacific: sources
A SINGAPORE blank-cheque company backed by asset manager Tikehau Capital and a group of prominent European financiers is nearing an agreement on a merger with satellite Internet provider Kacific ...
Singapore Partner with Japan, Switzerland, UK Regulators for Joint Crypto Pilots
Singapores central bank is reportedly planning to establish crypto-related cooperation with Japan and some European nations. Thus, it has teamed up with the monetary authorities in Switzerland, Japan, ...
What is Halal Investment? A Guide to Singapore’s Buzzing Islamic Finance Scene
As the financial hub of Southeast Asia, Singapore’s constantly making strides in different arenas. This time round, our eyes are on Halal investing. At its core, Halal investing is more than just a ...
Taxation of Foreign Sourced Income in Singapore Effective January 2024
Singapore will begin taxing foreign-sourced disposable gains from January 1, 2024, with Parliament approving the amendments to the country’s Income Tax Act.
Exclusive: China’s CNOOC, two chemical firms looking at Shell Singapore assets – sources
At least three Chinese companies including state giant China National Offshore Oil Company (CNOOC) are evaluating Shell's Singapore assets and considering non-binding bids in coming weeks for the city ...
Singapore defense minister calls on China to take the lead in reducing regional tensions
Singapore's defense minister has urged China as a dominant power in Asia to take the lead in reducing tensions in the region, warning that a military conflict like the one in Ukraine or the ...
Korea Investment Partners is the latest Korean VC firm to launch a Southeast Asia fund
More South Korean investors are putting money into Southeast Korea startups, creating an “investment corridor” between the two regions. Short for Korea Investment Partners Southeast Asia, KIPSEA has a ...
Singapore startups to get a leg up in India, Australia expansions
SINGAPORE’S tech startups that are keen to enter markets in India and Australia can now tap Enterprise Singapore’s (EnterpriseSG) new Global Innovation Alliance (GIA) nodes in Mumbai, Melbourne and ...
Singapore manufacturing, services business outlook slightly more optimistic for next 6 months
Find out more about subscription packages here. SINGAPORE’S manufacturers and services firms are slightly more positive about business conditions in the next six months, separate quarterly surveys ...
Viral video of Grab rider flying to Singapore to get chicken rice for customer is ‘fictional’
SINGAPORE — A viral TikTok video, which claimed that a Grab delivery rider had travelled from Thailand to Singapore to purchase chicken rice for a customer, has been debunked as a work of fiction. A ...
Brokers’ take: DBS upgrades OUE C-Reit to ‘buy’ after recovery beats expectations
DBS Group Research on Tuesday (Oct 31) upgraded OUE Commercial Real Estate Investment Trust (OUE C-Reit) to “buy” from “hold”. Its target price of S$0.35 remained unchanged. Read more at The Business ...
VML merger: Lessons from DBS/POSB by Robin Nayak
Not this time in the creative hotbed of adland, but the hard nose business of banking. Back then DBS had acquired Singapore’s popular savings bank POSB, an institution generations grew up with. Most ...
GIC appoints former DBS executive Jeanette Wong as board director
GIC on Thursday (Oct 31) named Jeanette Wong, a former executive at DBS, as a director of its board with effect from Nov 8, 2023. Read more at The Business Times.