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Posted on 31/07/2024

TikTok-owner ByteDance’s Singapore workers suffer mass food poisoning

An office of TikTok-owner ByteDance in Singapore was hit by a mass food poisoning incident on Tuesday, according to local authorities.

Posted on 31/07/2024

Now a Singapore brand, bubble tea chain Playmade sets its sights on the US

BUBBLE tea chain Playmade began as a franchise from Taiwan, but has since become a Singapore brand – and is now poised to expand overseas. Read more at The Business Times.

Posted on 31/07/2024

Singapore Manufacturers, Services Firms Signal Cautiously Positive Outlook

Singapore's manufacturers and services providers are cautiously upbeat about the outlook for their sectors for the rest of the year, survey data showed, in a positive sign of the city-state's economic ...

Posted on 31/07/2024

Singapore, US ink deal to study how nuclear technology can support climate and energy needs

No decision has been made on the deployment of nuclear energy in Singapore, officials reiterated.

Posted on 31/07/2024

Singapore startup Beep raises US$3.3 million in pre-series A investment round

BEEP, a Singapore-based Internet of Things startup, on Wednesday (Jul 31) announced the close of its US$3.3 million pre-series A investment round. Read more at The Business Times.

Posted on 31/07/2024

GXS Bank Eyes March 2027 Profitability, Targets US$3B Deposits and US$2B Loans

GXS Bank, a digital bank backed by Grab Holdings and Singtel, aims to achieve profitability by March 2027, according to Muthukrishnan Ramaswami, GXS’ Group CEO. Grab holds a 60% stake in GXS, while ...

Posted on 31/07/2024

India’s July diesel, jet fuel exports to Singapore, Australia set to hit 2-1/2-year high

India's diesel and jet fuel shipments to Singapore and Australia are set to hit the highest levels in 2-1/2 years in July as sellers looked east with demand tepid from Europe, according to industry ...

Posted on 31/07/2024

Singapore stocks kick off on Wednesday—STI rose by 0.3%

In the broader market, 53 stocks were up while 37 were down, with 21.9 million securities valued at S$37.3 million traded ...

Posted on 31/07/2024

“I earn $70/day if TP fine me. I can’t afford the S$150 fine” – Netizens sympathise with Singapore taxi driver’s handwritten sign for passengers to fasten seatbelts

SINGAPORE: A photo of a Singapore taxi driver’s handwritten sign urging passengers to fasten their... The post “I earn $70/day if TP fine me. I can’t afford the S$150 fine” – Netizens sympathise with ...

Posted on 31/07/2024

‘No brainer’: Thailand to become second in Southeast Asia to tax carbon emissions

In time, Thailand's strategy could give its industries a competitive edge while reducing greenhouse gas emissions, experts say. Singapore was the first in the region to introduce a carbon tax in 2019.

Posted on 31/07/2024

Vietnam remains as the largest rice exporter to Singapore

Vietnam remained as the largest rice exporter to Singapore in the first half of 2024, accounting for 32.69% of the overall market share, according to Radio the Voice of Vietnam.

Posted on 31/07/2024

Singapore’s employment growth strengthens in Q2 despite seasonal dip in resident employment

SINGAPORE’S employment levels expanded in the second quarter at a faster rate than in Q1, despite a slight decline in overall resident employment due to seasonal factors, advance data from the ...

Posted on 31/07/2024

Digital bank GXS, set up by Grab and Singtel, targets profit by 2027

GXS Bank, a digital bank backed by Grab Holdings and Singapore Telecommunications, plans to swing to a profit by March 2027 in part by doubling its loan book every six months. The two-year-old ...

Posted on 31/07/2024

Charles Wong Departs as GXS Bank CEO After Four-Year Tenure

Charles Wong, who has served as CEO of GXS Bank for four years, will step down from the role, transitioning to an advisory position.

Posted on 31/07/2024

Singapore Approves Edible Insects Amid Food Security Push

The seaside restaurant is the first eatery to put insects on the menu after the city state’s stringent food authority this month approved for human consumption 16 species ranging from crickets to ...

Posted on 31/07/2024

Singapore’s gravity-defying property prices hurt productivity, innovation and diversity

SINGAPORE’S property market continues to defy gravity. Office rents climbed 3.1 per cent in the second quarter, according to data from the Urban Redevelopment Authority, even though the stock of ... ( read original story ...)

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