Kwon agreed last June to pay an $80 million civil fine and be banned from crypto transactions as part of a $4.55 billion settlement that he and Terraform reached with the Securities and Exchange ...
Singapore business sentiment improves for 2025; manpower costs, uncertain demand still top concerns
SINGAPORE businesses are more positive on the economic outlook for this year, even as rising manpower costs and demand uncertainty remain as key concerns, based on the annual national business survey ...
S’pore’s manufacturing sector seen to continue expanding despite mixed regional outlook
December marks the 16th consecutive month of growth for the overall manufacturing PMI. Read more at straitstimes.com.
Singapore’s PMI hits six-year high in December, edges up 0.1 point
SINGAPORE’S overall factory activity hit a six-year high in December, marking the 16th consecutive month of expansion. Read more at The Business Times.
EY calls for innovation advancement support, tax system tweaks in its Budget 2025 wish list
PROFESSIONAL services firm EY called for more support for the whole-of-nation advancement in research, innovation and digital economy, as well as the maintenance of a relevant tax system in its Budget ...
Market watchers less bullish on Singapore stocks this year
Economists said this year is likely to be less smooth sailing than 2024, with demand from major trading partners directly impacting Singapore's export-reliant economy.
Singapore shares rise on first trading day of 2025; STI up 0.4%
Losers beat gainers 284 to 246, with 812.8 million securities worth S$581.4 million changing hands. Read more at straitstimes.com.
Singapore economy beats forecasts in Q4 of 2024 but analysts see tougher 2025 growth outlook
On a quarter-on-quarter seasonally adjusted basis, the economy expanded 0.1 per cent, down from the 3.2 per cent growth in the third quarter of 2024. For full-year 2024, the economy grew 4 per cent, ...
Business sentiment improves for 2025; manpower costs, uncertain demand still top concerns
SINGAPORE businesses are more positive on the economic outlook for this year, even as rising manpower costs and demand uncertainty remain as key concerns, based on the annual national business survey ...
Singapore to become Asia’s next crypto hub with “risk-adjusted” regulation
Singapore’s regulatory regime is becoming a key destination for Web3 companies, after issuing twice as many crypto licenses in 2024 than the previous year. Singapore may emerge as the next major ...
Crypto mogul Do Kwon extradited to U.S. to face fraud charges
Montenegro on Tuesday extradited a Korean mogul known as “the cryptocurrency king” to the United States, following a decision of its justice ministry earlier this month to accept a U.S. request.
What Multinationals Should Know About Singapore’s 15% Tax Rate
Learn how Singapore's 15% tax rate under BEPS 2.0 impacts multinationals, the revamped tax incentives available, and why Singapore remains a premier hub for global business.
Singapore Growth Beats Estimates as PM Wong Flags Global Risks
Singapore’s Prime Minister Lawrence Wong said the country’s economy performed better than expected in 2024, building a strong foundation for the city state to confront a more complex international ...
Singapore economy grew 4% in 2024; government will continue to cushion impact of cost-of-living increases: PM Wong
SINGAPORE’S economy grew by 4 per cent for the whole of 2024, exceeding the most recent official forecast of an expansion of around 3.5 per cent. Read more at The Business Times.
Vietnam’s GDP predicted to surpass Singapore’s in 2029
Vietnam’s GDP is forecast to hit $450 billion in 2024, placing it 34th globally, according to the UK-based Centre for Economics and Business Research (CEBR).
Singapore shares retreat at Tuesday’s open; STI down 0.4%
SINGAPORE stocks started trading in negative territory on Tuesday (Dec 31) morning, mirroring overnight losses in global markets. Read more at The Business Times.