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Tag: tax

Posted on 11/12/2024

Manufacturing leads Singapore’s GDP growth with 11% YoY rise in Q3

GDP is expected to drop in 2025. Singapore’s gross domestic product (GDP) grew by 5.4% year-on-year (YoY) in Q3 2024, driven primarily by the manufacturing sector, Oxford Economics reported. The ...

Posted on 11/12/2024

Singapore semiconductor sector troubled by widening US curbs

New US export restrictions on semiconductors are unlikely to mar Singapore’s standing as a resilient manufacturing hub, but firms here could still take a hit from brewing trade tensions and technology ...

Posted on 11/12/2024

Crypto.com taps Deutsche Bank for Asia-Pacific markets

Cryptocurrency exchange Crypto.com has announced a new partnership with Deutsche Bank to provide corporate banking services across Asian-Pacific markets, covering regions such as Singapore, Australia, ...

Posted on 11/12/2024

Crypto.com picks Deutsche Bank as corporate banking partner for APAC region

Cryptocurrency exchange Crypto.com has partnered with Deutsche Bank to become its corporate banking partner for Singapore, Australia, and Hong Kong. In an announcement today, the exchange said the ...

Posted on 10/12/2024

WazirX parent Zettai files application in Singapore High Court to present recovery scheme

The application filed on December 6 outlined a structured roadmap for recovery, and if approved, will include initial distributions of available liquid assets within 10 Business Days (as defined in ...

Posted on 10/12/2024

Will Singapore Realise Its Tokenisation Dreams?

Singapore has embarked on a journey to embrace tokenisation, driven by a desire to position itself as a leader in the digital asset space.

Posted on 10/12/2024

Singapore Is Pushing to Become A Tokenised Nation

Singapore has embarked on a journey to embrace tokenisation, driven by a desire to position itself as a leader in the digital asset space.

Posted on 10/12/2024

Crypto volatility picks up as Trump-fueled rally starts to fray

A BOUT of selling buffeted crypto as the optimism sparked by president-elect Donald Trump’s embrace of the sector begins to cool. Read more at The Business Times.

Posted on 10/12/2024

Crypto crash wipes out $1.7 billion in leveraged positions, Bitcoin plunges toward $94,000

Crypto market crash results in $1.7B in liquidations. Bitcoin plunges to $94K amid market-wide selloff and quantum computing concerns.

Posted on 10/12/2024

China Nov copper imports hit one-year high

China's copper imports rose in November to a one-year high, customs data showed on Tuesday, fuelled by shipments from Africa and purchases to restock domestic inventories.

Posted on 10/12/2024

Bitcoin Wavers, Smaller Tokens Sink as Frothy Crypto Rally Frays

A bout of selling buffeted crypto as the optimism sparked by President-elect Donald Trump’s embrace of the sector begins to cool.

Posted on 10/12/2024

Singapore’s financials and real estate employers take cautious stance on hiring: survey

EMPLOYERS, especially those in the financials and real estate sector, are choosing to stay cautiously optimistic as Singapore’s economy gains momentum. Read more at The Business Times.

Posted on 09/12/2024

S’pore semiconductor sector could be hurt by widening US curbs but is expected to hold out

Chip industry contrbutes 8 per cent to Singapores GDP and accounts for 10 per cent of jobs in manufacturing. Read more at straitstimes.com.

Posted on 09/12/2024

Sembcorp Partners for Singapore’s First Renewable Energy Import

Sembcorp Industries (SG:U96) has released an update. Sembcorp Industries has signed a groundbreaking two-year agreement with Tenaga Nasional ...

Posted on 09/12/2024

Survey reveals Singapore SMEs hesitant to pay more for sustainable shipping

The survey highlights the reluctance to invest in eco-friendly logistics despite growing concerns about climate change ...

Posted on 09/12/2024

Singapore’s resident employment rebounds in Q3, with year-end festivities set to boost labour demand

RESIDENT employment in Singapore rose by 4,000 in Q3 ... MOM expects the labour market to remain tight, supported by economic growth and strong business sentiment. Wage and employment growth are ...

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