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Posted on 25/10/2023

Singapore’s hospitality sector closes first ever investment deal of the year in Q3

It’s a deal worth over S$500m for the sale of PARKROYAL on Kitchener Road. In Q3/2023, Singapore’s hospitality sector witnessed the first transaction year-to-date, contributing S$525.0 million or 7.4% ...

Posted on 25/10/2023

Trip.com Group Holds Global Partner Summit in Singapore, Celebrates Growth and Welcomes Collaboration

Leading travel service provider Trip.com Group held its Global Partner Summit in Singapore, inviting guests from across the travel industry, including accommodation, airline and destination marketing ...

Posted on 25/10/2023

Singapore’s Sembcorp unit signs green hydrogen export deal

Sembcorp Industries on Tuesday said its unit, Sembcorp Utilities, had signed a deal to explore the feasibility of green hydrogen production in Indonesia for export to Singapore. The green hydrogen ...

Posted on 24/10/2023

Singapore stocks rise amid mixed regional showing, STI up 1%

SINGAPORE - Singapore stocks broke a four-day losing streak amid a mixed showing in Asian bourses on Tuesday. The Straits Times Index (STI) rose 1 per cent or 30.52 points to 3,083.88. Across the ...

Posted on 24/10/2023

Singapore expands low-carbon power import agreements

SINGAPORE, Oct 24 (Reuters) - Singapore on Tuesday announced conditional approval for Sembcorp Utilities (SCIL.SI) to import 1.2 gigawatts (GW) of electricity from Vietnam, the city-state's latest ...

Posted on 24/10/2023

Singapore’s City Energy eyes hydrogen imports from Malaysia by 2027

Singapore's City Energy said on Tuesday it will conduct a feasibility study with Gentari, Petronas' renewables unit, on a proposed pipeline to export hydrogen from Malaysia to the city state, with a ...

Posted on 24/10/2023

Singapore to import 1.2GW of low-carbon energy from Vietnam

SINGAPORE (The Straits Times/Asia News Network): Singapore will import 1.2 gigawatts (GW) of low-carbon electricity – primarily wind power – from Vietnam, which will fulfil the Republic’s target of ...

Posted on 24/10/2023

Singapore firms to tap Chinese market potential with strong CIIE presence

The Singapore Business Federation (SBF) will attend China's landmark imports expo for the sixth time in November, leading a business delegation ...

Posted on 24/10/2023

The history and evolution of Singapore’s road pricing systems

The Business Times takes a look at the history of road pricing in Singapore. Road pricing is the practice of levying direct charges for the use of roads, the most common example of this being highway ...

Posted on 24/10/2023

Singapore Firm Strikes Cross-border Digital Yuan Deal with Chinese Bank

A Singaporean payments firm has sealed a “cross-border” digital yuan cooperation deal with a major Chinese bank, in another breakthrough for the CBDC.

Posted on 24/10/2023

S’pore to import 1.2GW of low-carbon energy from Vietnam to help meet renewable imports target

The imports could potentially constitute 10 per cent of Singapore’s annual needs. Read more at straitstimes.com.

Posted on 24/10/2023

Singapore to import low-carbon electricity from Vietnam

Find out more about subscription packages here. THE Singapore government will be importing 1.2 GW of low-carbon electricity from Vietnam, largely powered from offshore wind energy. The Energy Market ...

Posted on 24/10/2023

Singapore’s biggest commercial real estate transaction in Q3 revealed

According to a Savills report, commercial real estate investment sales in Singapore totalled S$1.69 billion in Q3/2023, making up 23.7% of the overall investment sales. This was up by 62.2% QoQ on the ...

Posted on 24/10/2023

Singapore’s core inflation eases to 3% in September, lowest since March 2022

However, overall inflation, which includes accommodation and private transport costs, went up as COE premiums continue to soar.

Posted on 24/10/2023

Singapore’s core inflation continues downward trend

The city-state's core inflation rate, a barometer of the cost of essential goods and services, fell to 3% in September, its lowest reading since March 2022. This downward trend in core inflation is a ...

Posted on 24/10/2023

Panellists urge Singapore firms to play the long game in Vietnam, build trust with partners

HO CHI MINH CITY] Singapore companies keen to break into the Vietnam market must be prepared to play the long game and spend time building business relationships, said speakers at a panel on Monday ...

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