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Posted on 29/08/2023

Singapore’s Perromart’s assets acquired by Malaysia pet food retailer Petico

SINGAPORE — Petico has acquired the assets of Perromart, Singapore's defunct pet food retailer, the Malaysian company announced on Monday (28 August). Petico said that the acquisition is part of its ...

Posted on 29/08/2023

Most Singapore workers returning to office, HR reskilling urged

SINGAPORE: Most workers in Singapore have begun trudging back to their workplaces, but there remains a gap between how many remote days employees expect and bosses are willing to offer.

Posted on 28/08/2023

Sembcorp, PTSC to explore importing of electricity to Singapore from Vietnam

Sembcorp Utilities Pte (SCU), a wholly-owned subsidiary of Sembcorp Industries (Sembcorp), and Petrovietnam Technical Services Corporation (PTSC), a member of Vietnam Oil and Gas Group (Petrovietnam), ...

Posted on 28/08/2023

Daily Cuts – Singapore’s economic strategy

Singapore Today's Lance Alexander and Joel Chua speak with Dr Andy Feng, Director (Economic Surveillance and Research), Economics Division at the Ministry of Trade and Industry (MTI) and Ong Yee Ern, ...

Posted on 28/08/2023

Insights into Singapore’s Food Services Industry in 2023 and beyond — Trends, Challenges and…

This is an abridged version. The extended version includes sections on the trends surrounding the food services industry, specifically on digital transformation initiatives, and support schemes and ...

Posted on 28/08/2023

Sinopec says not interested in acquiring Shell’s Singapore refinery, petchem plant

China's Sinopec Corp is not interested in acquiring Shell's refinery or petrochemical plant in Singapore, Sinopec President Yu Baocai said on Monday.

Posted on 28/08/2023

‘No one’s feeling good’: Visual effects industry hit by global challenges as Lucasfilm ends Singapore operations

Lucasfilm said it will shut down its visual effects and animation studio in Singapore. CNA looks at how disruptions brought on by the COVID-19 pandemic and Hollywood strikes could have led to this.

Posted on 28/08/2023

Sinopec says not interested in acquiring Shell’s Singapore refinery, petrochem plant

HONG KONG - China’s Sinopec Corp is not interested in acquiring Shell’s refinery or petrochemical plant in Singapore, Sinopec president Yu Baocai said on Monday. Read more at straitstimes.com.

Posted on 28/08/2023

Managing distortions from people parking money in Singapore property

IN DENSELY populated Singapore, living in a detached home in a Good Class Bungalow (GCB) Area can offer one a haven – a luxurious abode sitting on land of over 15,000 square feet, ensconced in leafy ...

Posted on 28/08/2023

Chinese carmaker BYD to buy US firm Jabil’s mobility business for US$2.2 billion

ELECTRIC vehicle maker BYD said on Monday its unit struck a deal with US-based manufacturing firm Jabil Inc’s Singaporean division to buy its mobility business in China for 15.8 billion yuan (S$2.9 ...

Posted on 28/08/2023

Country Garden’s Forest City to get new tax breaks, Anwar says

Country Garden, once China’s biggest developer, is facing a worsening cash crunch and and has as much as US$2.9 billion of bond payments due before the end of the year. The company has delayed a ...

Posted on 28/08/2023

Asia’s crypto industry has been real busy this week

It’s been a whirlwind of a week for the Asian crypto industry. Every time you think the cryptoverse has exhausted its supply of adrenaline-pumping news, Asia steps up to the plate and says, “Hold my ...

Posted on 28/08/2023

‘Quite an abrupt shock’: Closure of Lucasfilm’s Singapore studio comes amid global industry challenges

Lucasfilm said it will shut down its visual effects and animation studio in Singapore. CNA looks at how disruptions brought on by the COVID-19 pandemic and Hollywood strikes could have led to this.

Posted on 27/08/2023

UPDATE 2-Singapore’s non-oil exports fall for a 10th month in July

Singapore's annual exports fell for a 10th month in July as the city-state's trade-reliant economy continues to wilt because of slowing global growth amid elevated borrowing costs.

Posted on 27/08/2023

Singapore open to importing electricity from India: Report

Singapore is open to importing up to 4GW of electricity from regional countries, incl. India, to improve energy security. EMA seeks bids till Dec 29 and will select companies to import the electricity ...

Posted on 27/08/2023

$1 billion bust: Two sides to money laundering through blockchain technology, crypto

They may offer many tools for concealment, but they also allow the authorities to better track such fund flows. Read more at straitstimes.com.

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