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$8,000 fine for man who illegally imported meat, seafood products

The sole proprietor of Lui Fammart, imported meat and seafood products along with other processed food items and sold them online, the Singapore Food Agency (SFA) said in a statement on Wednesday.

In Singapore, all food importers are required to apply for an SFA import licence and comply with relevant legislation governed by SFA before importing food into Singapore.

Lui could have been fined up to $50,000 and faced a jail term of up to two years.

For illegally importing processed food products, he could have received an additional fine of up to $1,000.

Source: StraitsTimes

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First air taxi flights in S'pore to take scenic route around Marina Bay if approved

If all goes to plan, Volocopter's maiden commercial flight here will take passengers from a take-off and landing area in Marina South to the Marina Reservoir and back, going over the Marina Barrage and the Benjamin Sheares Bridge at an altitude of 100m to 150m.

The journey, which will also take in parts of Kallang Basin near Tanjong Rhu, will last about 15 minutes.

"Why a tourist flight? Because to be quite transparent, Singapore does not have a congestion problem on the ground, but you have around 20 million visitors per year who want to have excitement, an experience.

In 2019, before the Covid-19 pandemic struck, 19.1 million travellers visited Singapore, spending close to $28 billion.

https://www.straitstimes.com/singapore/transport/first-air-taxi-flights-in-spore-to-take-scenic-route-around-marina-bay-if-approved

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Using Singapore as a stepping stone to Asean

The city-state’s long-standing reputation for having a stable and neutral government and economy helps to put minds at ease, especially in the wake of recent geopolitical tensions.

Aside from tapping Singapore’s infrastructure and resources, companies also see Singapore as a strategic location to access opportunities across South-east Asia.

A total of US$185 billion in foreign direct investment flowed into the region last year, a 35 per cent increase compared to 2020, according to Tan Bin Eng, partner of business incentives advisory at Ernst and Young Solutions.

https://twitter.com/IDSG_Business/status/1548897819469447168?s=20&t=dt3HM7ZrvKYUwKsYY7ST-Q

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Drink driving suspect jailed for attempting to bribe traffic police officers

Anyone who is convicted of a corruption offence can be jailed up to five years, fined up to S$100,000, or both.

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Source: CNA

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Berapakah harga membeli Franchise di Singapura?

FLAsia adalah salah satu event tahunan di Singapura, untuk Anda yg ingin berbisnis franchise di Singapura

Info & pendaftaran:
https://franchiselicenseasia.com/brands/

#Franchise #IDSG #IDSGbusiness #Insights #Events
India’s beauty D2C space is booming, but SEA’s may be even bigger

The opportunity in Southeast Asia may be even bigger than in India. According to Euromonitor estimates, the South Asian country had a US$14 billion beauty market in 2020, while the beauty industry in Indonesia – Southeast Asia’s largest market – was already valued at US$7 billion.

Source: TIA

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OG To Move Out Of Orchard Point After 18 Years

OG shared on Facebook that they will be moving out of their Orchard Point outlet with the announcement of a massive sale.

Source: MSNews

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The Indonesian Ambassador to Singapore Suryo Pratomo gave this update that he expects a total of 1,000 tonnes to arrive in Singapore by year-end.

"This is a consignment that has come from Jakarta, and we must see the (size of) demand from Singapore. I have talked with some producers in Indonesia and they plan to also set up the farm in Batam."

#IDSG #BusinessNews #Singapura

Source: StraitsTimes

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Company fined $5,000 for illegally importing 362kg of fresh fruits and vegetables

In Singapore, fruits and vegetables can only be imported by licensed importers, and every consignment must be declared and accompanied with a valid import permit.

Illegally imported vegetables are of unknown sources and can pose a food safety risk, for instance, when unregulated or high levels of pesticides are used.

Source: StraitsTimes
#IDSG #BusinessNews #Singapura

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Is Instagram dying?
(Yes, but not for everyone)
Instagram as a company won’t die, your ability to reach people organically on it will.

Knowing that Instagram will slowly die over time doesn’t mean it won’t continue to be relevant, valuable or important for most small businesses and people who need it for work for many years to come, it only means that you’re less likely to get any significant traffic from it.

There still is and will continue to be A LOT of people that search for businesses and inspiration on Instagram! Being on it and being able to use it effectively and efficiently will still continue to be an essential part of running a business or spreading a message.

#IDSG #BusinessInsights #Business #UKM #UMKM #SocialMedia #Instagram

Source: publicist

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Clarke Quay will be undergoing a S$62 million upgrading

The purpose of the initiative is to help expand the appeal of the popular nightlife cluster to become a "day-and-night destination.
#IDSG #BeritaSingapura #Singapore #News #Travelling

Source: Mothersip

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In Singapore, more than 30 alternative protein start-ups have been launched in the past three years, working on various types of alternative protein products, including plant-based and cell-based, as well as microbial alternatives.

Ants Innovate is in the middle of setting up its pilot production plant while working on the regulatory approval for its alternative meats.
#IDSG #Business #BusinessInspiration #Singapore

Source: StraitsTimes

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