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Posted on 18/07/2024

Singapore’s Umami Bioworks in US cell-based pet-treats venture

Singapore-based cultivated-seafood business Umami Bioworks has inked a deal with US firm Friends & Family Pet Food Co. (FnF) to create lab-grown fish treats for cats. Claiming a world first for such a ...

Posted on 18/07/2024

More Singapore businesses aware of and benefited from free trade agreements in 2023: SBF

according to the Singapore Business Federation’s Free Trade Agreement Survey 2023. The survey was conducted between October and December 2023. More than 800 businesses across industries in Singapore ...

Posted on 18/07/2024

Singapore continues to see strong growth in wealth inflows; MAS working to reduce wait time

SINGAPORE continues to see strong growth momentum for wealth inflows, even as financial institutions stepped up onboarding processes in the wake of the S$3 billion money laundering case uncovered last ...

Posted on 18/07/2024

Singapore sees growth in assets management, debt market last year

SINGAPORE, July 18 (Xinhua) -- Singapore's asset management volume reached 5.41 trillion Singapore dollars (4 trillion U.S. dollars) by 2023, a 10 percent growth from the previous year, according to ...

Posted on 18/07/2024

These Return Metrics Don’t Make Genting Singapore (SGX:G13) Look Too Strong

And from a first read, things don't look too good at Genting Singapore (SGX:G13), so let's see why. If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. Analysts use ...

Posted on 17/07/2024

Bitcoin L2s help crypto miners in Asia supplement income with staking

Bitcoin L2s remain crucial to the Asian crypto ecosystem, offering miners new revenue streams after the most recent halving. One crypto narrative that has garnered significant traction across the ...

Posted on 17/07/2024

Allianz plans majority stake in Singapore firm to widen access to Asia markets

Europe's largest insurer, Allianz, is aiming to substantially enhance its presence in Singapore. In a statement, Allianz said the offer was a subsidiary collaboration formed through Allianz Europe BV ...

Posted on 17/07/2024

Exclusive: Singapore-Laos clean power deal stuck over transmission, sources say

The extension of a multilateral deal by Singapore to import hydropower from Laos is stuck due to disagreements over how the energy will be transmitted through Malaysia and Thailand, two regional ...

Posted on 17/07/2024

Singapore key exports down 8.7% in June, dragged by non-monetary gold and electronics

SINGAPORE’S key exports posted a deeper year-on-year decline in June, due mainly to fluctuations in the shipments of volatile products like non-monetary gold and electronics, data from Enterprise ...

Posted on 17/07/2024

Singapore’s NODX declined by 8.7% in June; drop mainly due to non-electronics

Singapore’s non-oil domestic exports (NODX) declined by 8.7% on a y-o-y basis in June, after May’s 0.7% decrease.

Posted on 17/07/2024

Singapore shares inch up at Wednesday’s open; STI up 0.1%

SINGAPORE stocks opened slightly stronger on Wednesday (Jul 17), tracking a rally on Wall Street after the Dow and S&P 500 notched fresh records. The Straits Times Index (STI) rose 0.1 per cent or ...

Posted on 16/07/2024

Environmental approval granted for Australian plan to export solar electricity to Singapore

Authorities in Australia's Northern Territory (NT) on Tuesday granted environmental approval for the world's largest renewable energy and transmission project.

Posted on 16/07/2024

Aussie plan to export solar power to S’pore receives environmental approval

CANBERRA: Authorities in Australia's Northern Territory (NT) have granted environmental approval for SunCable's Australia-Asia PowerLink (AAPowerLink) project, the world's largest renewable energy and ...

Posted on 16/07/2024

S’pore economy saw better-than-expected growth of 2.9% in Q2; Q1 growth revised up to 3%

Analysts upgraded their 2024 Singapore growth forecasts after the data release. Read more at straitstimes.com.

Posted on 16/07/2024

Singapore’s H1 private home sales plunged to record low, weakest first half since 2004

This latest tally is even lower than the sales recorded during the global financial crisis and the COVID-19 pandemic ...

Posted on 16/07/2024

ASEAN+3 Growth Momentum Steady on Export Recovery, Solid Domestic Demand

The ASEAN+3 Macroeconomic Research Office (AMRO) has kept its 2024–25 growth forecasts for the ASEAN+3 region broadly unchanged at 4.4 percent and 4.3 percent, respectively, in its latest quarterly ...

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