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Tag: Singapore

Posted on December 16, 2024

IFC Sees Singapore Commitments Remaining Near Record $2 Billion

International Finance Corp. sees this year’s annual funding commitments to Singapore remaining near a record level, according to a regional executive.
Posted on December 15, 2024

Why Hong Kong has grown into a crypto hub — CEO of WOW Summit

Hong Kong has rapidly become a cryptocurrency hub, positioning itself as a center for financial innovation alongside the United Arab Emirates (UAE) and Singapore. Ivan Ivanov, global CEO of WOW Summit …
Posted on December 15, 2024

Over 50% Singapore workers use AI, but many worry about being perceived as cheating, lazy or incompetent

SINGAPORE: More than half (52%) of Singapore workers are using artificial intelligence (AI) in their jobs, but nearly half (45%) feel uneasy admitting it to their managers, worrying they might be …
Posted on December 14, 2024

Indonesia’s Prabowo to press on with 12% tax on goods & services, but will exempt some staple items

Indonesia’s Value-Added Tax (VAT), the equivalent to Singapore’s Goods and Services Tax (GST), is slated to hit 12 per cent at the start of 2025, matching it with the Philippines as the highest in …
Posted on December 14, 2024

Indonesia’s Prabowo to press on with 12% tax on goods & services, but will exempt some staple items

Indonesia’s Value-Added Tax (VAT), the equivalent to Singapore’s Goods and Services Tax (GST), is slated to hit 12 per cent at the start of 2025, matching it with the Philippines as the highest in …
Posted on December 14, 2024

Orange Forum 2024: A global celebration of inclusive and sustainable finance

The Orange Forum 2024, held at the SGX Auditorium in Singapore, brought together over 300 global leaders, changemakers, and innovators to celebrate the transformative achievements of the Orange …
Posted on December 14, 2024

Allianz scraps proposed acquisition of Singapore’s Income Insurance, source says

Allianz SE has scrapped a proposed $1.5 billion euro acquisition of a 51% stake in Singaporean firm Income Insurance Ltd because of public opposition to the deal, a source familiar with the matter …
Posted on December 14, 2024

Allianz scraps proposed acquisition of Singapore’s Income Insurance, source says

Allianz SE has scrapped a proposed $1.5 billion euro acquisition of a 51% stake in Singaporean firm Income Insurance Ltd because of public opposition to the deal, a source familiar with the matter …
Posted on December 13, 2024

Global investors flock back to Singapore’s commercial property market

Lower rates look set to boost transactions as investors deploy the dry powder amassed over the past 2 to 3 years. Read more at straitstimes.com.

( read original story …)



Posted on December 13, 2024

Trafigura reports 62% profit drop as Mongolia fraud investigation continues

Global commodities trader Trafigura posted a 62% plummet in profits in 2024, as it continues to investigate a $1 billion fraud scandal engulfing its Mongolia oil business. The Singapore-based giant …

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