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Posted on 18/04/2024

Genting Singapore propels convincing Singapore market rebound; STI up 1.1%

The sunnier sentiment after days of uncertainty pushed the Straits Times Index (STI) up 1.1 per cent or 32.97 points to 3,187.66 with gainers easily trouncing losers 313 to 237 on trade of $1.9 billion shares worth $1.43 billion.

Posted on 18/04/2024

Singapore ready to harvest economic opportunities in the Philippines: Vivian Balakrishnan

THE Philippines is “a very fertile ground” with a lot of potential still waiting to be tapped, and Singapore can play a role in the transformation of its economy, be it in master planning, training, or connecting local companies with global opportunities,

Posted on 18/04/2024

Crypto.com CEO Says Bitcoin in Early Innings of Cycle, Expects ‘Great Performance’ From BTC in Next Six Months

The CEO of Singapore-based digital asset exchange Crypto.com is saying Bitcoin’s (BTC) bull market cycle is just getting started.

Posted on 18/04/2024

Crypto Market Maker GSR Receives Singapore Crypto License

Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now The crypto market maker received in-principal approval from MAS in September. GSR ...

Posted on 18/04/2024

Las Vegas Sands results beat estimates on strength in Singapore business

Casino operator Las Vegas Sands Corp beat Wall Street estimates for first-quarter profit on Wednesday, bolstered by steady tourist activity in Macau and strength in its Singapore business, driven by ...

Posted on 18/04/2024

QCP Capital and Further Ventures Announce Partnership for Middle East Crypto Expansion

Both companies plan to develop new institutional digital offerings, while QCP is set to open an Abu Dhabi shop.

Posted on 18/04/2024

Key Singapore exports tumble 20.7% in March in bigger-than-expected fall

SINGAPORE: The country’s non-oil domestic exports declined by 20.7 per cent last month, a steeper fall than analysts had earlier predicted and the biggest decline since January 2023. Non-electronics exports were a large contributor to the decline.

Posted on 17/04/2024

How much is the income tax rate in Singapore?

What are the important things to note when filing income tax in Singapore? How much is the income tax rate? Find out here.

Posted on 17/04/2024

Do you have to pay tax on withdrawals from Supplementary Retirement Scheme (SRS) in Singapore?

When will you be taxed on withdrawals from the Supplementary Retirement Scheme (SRS) in Singapore? And how much? Find out.

Posted on 17/04/2024

Singapore key exports slump 20.7% in March, worse than expected

The drop was worse than the 7.4 per cent fall forecast by analysts in a Bloomberg poll. Read more at straitstimes.com.

Posted on 17/04/2024

Is Grab’s ride-hailing business future-proof?

SINGAPORE-BASED Grab undoubtedly leads South-east Asia’s ride-hailing sector, commanding around 70 per cent market share. Read more at The Business Times.

Posted on 17/04/2024

France hopes to develop green and digital shipping corridor with Singapore: French maritime chief

France hopes to develop a green and digital shipping corridor with Singapore, as part of cooperation on maritime sustainability, digitalisation and cybersecurity, said Eric Banel, France’s director ...

Posted on 17/04/2024

Bitcoin halving could lead to miners winding up or consolidating, say crypto players

In the longer term, growing adoption of the Bitcoin blockchain is needed for mining to continue. Read more at straitstimes.com.

Posted on 17/04/2024

Australia and Singapore combine for $20M maritime emissions initiative

Australia’s national science agency the Commonwealth Scientific and Industrial Research Organisation (CSIRO) has announced Australia and Singapore have partnered on a $20 million initiative to reduce ...

Posted on 17/04/2024

Strengthening interaction: Singapore’s role in EU-Asean ties

SINGAPORE is Europe’s gateway to South-east Asia, not merely by geographical location but through deliberate, visionary strategies that position the city-state as a critical hub for international ...

Posted on 17/04/2024

When Big Law Buys Books of Business in Asia and Deep Pockets Backfire

McDermott, Will & Emery exited the Asia market in 2020, but a year later it set up in Singapore with some some highly extravagant team hires. Now, three years later, the firm has just one partner ...

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