Business overview
TrustScore Analysis
Our preliminary analysis has revealed key insights about SINGAPORE TRADE DATA EXCHANGE (SGTRADEX) TECHNOLOGIES PTE. LTD.'s performance and market presence. Here's a summary of our findings:
Strengths Identified
- Has been operational for a few years
- Has a employer brand presence on career platforms
Areas of Concern
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Corporate Information
UEN
202206928W
Status
Live Company
Entity type
Local Company
Company type
Private Company Limited by Shares
ACRA registration
28 Feb 2022
UEN issue date
28 Feb 2022
No. of officers
8
Annual return date
04 Aug 2025
Contact
Social media
Business activity
Primary
Development of software and applications (except games and cybersecurity)
SSIC: 62011
Company News
Recent news articles and media coverage about SINGAPORE TRADE DATA EXCHANGE (SGTRADEX) TECHNOLOGIES PTE. LTD..
- New Singaporean Venture Digitalizes Bunker Trading to Prevent FraudSingapore's public-private trade data partnership, SGTraDex, has launched an industry-backed initiative to digitalize bunkering transactions. The new trade platform went live on June 1 after a month of "soft-launch" testing. The initiative's objective is to use digitalization to head off any further oil-trading fraud scandals, like the high-profile failure of Hin Leong Trading in 2020. By building more transparency into transactions and making it hard to forge documents, the initiative seeks to attract more bankers back to the bunkering sector; many financial firms have shied away from paper-dependent bunker transactions after the multibillion-dollar loss caused by Hin Leong's fraudulent trade financing scheme. Singaporean prosecutors contend that Hin Leong used falsified documents in order to obtain tens of millions of dollars in trade financing, then failed to repay the money. By the time the firm's shaky finances finally fell apart, the business empire owed its creditors $3.5 billion - and only a fraction has been recovered since.14 Jun 2025
- DBS announced that it has completed its first live transaction on the Singapore Trade Data Exchange (SGTraDex) – a digital data exchange that facilitates trusted and secure sharing of data between supply chain ecosystem partners. The transaction was done by way of an electronic bunker delivery note (BDN). The maiden transaction was completed with leading bunker player Kenoil Marine Services (Kenoil), in collaboration with mass flow meter data logger service provider Brightree. By digitalising the bunker delivery note, DBS, Kenoil and its counterparties are able to ascertain the trade data at source to validate the transaction details in a timely manner. This fosters greater trust and transparency across the trade ecosystem. The objective is to provide bunker players faster access to working capital and enhance their cash flow management, while providing a trusted and secure environment for banks and participants operating in the ecosystem.DBS announced that it has completed its first live transaction on the Singapore Trade Data Exchange (SGTraDex) – a digital data exchange that facilitates trusted and secure sharing of data between supply chain ecosystem partners. The transaction was done by way of an electronic bunker delivery note (BDN). The maiden transaction was completed with leading bunker player Kenoil Marine Services (Kenoil), in collaboration with mass flow meter data logger service provider Brightree. By digitalising the bunker delivery note, DBS, Kenoil and its counterparties are able to ascertain the trade data at source to validate the transaction details in a timely manner. This fosters greater trust and transparency across the trade ecosystem. The objective is to provide bunker players faster access to working capital and enhance their cash flow management, while providing a trusted and secure environment for banks and participants operating in the ecosystem.14 Jun 2025
- Singapore's new trade data sharing platform aims to stem fraudA Singapore trade data sharing platform backed by banks, commodity houses and state firms has signed up 70 participants as part of the city-state's attempts to bolster confidence after a spate of commodity trade finance frauds in recent years. The Singapore Trade Data Exchange, whose founders include banks DBS and Standard Chartered, commodity trader Trafigura and the local tech regulator, Infocomm Media Development Authority, was launched on Wednesday (June 1) after plans were announced last year. "We're trying to replicate what's happening in the physical world," Antoine Cadoux, chief executive of SGTraDex Services, told Reuters. "The goal is to go paperless across the end-to-end process."14 Jun 2025
- DBS Completes First Live Transaction on Digital Data Exchange SGTraDex - Fintech SingaporeDBS has completed its first live transaction on the Singapore Trade Data Exchange (SGTraDex), a digital data exchange that facilitates trusted and secure sharing of data between supply chain ecosystem partners. The transaction was done by way of an electronic bunker delivery note (BDN). The maiden transaction was completed with leading bunker player Kenoil Marine Services, in collaboration with mass flow meter data logger service provider Brightree. DBS, Kenoil and its counterparties are able to ascertain the trade data at source to validate the transaction details in a timely manner by digitalising the bunker delivery note.14 Jun 2025
- S'pore boosts investments in quantum computing with 2 new programmesHe added that the country needs to remain open-minded on other emerging tech such as crypto assets and also increase public-private collaboration to unleash the Republic's potential. One example of the nation’s efforts to foster collaboration is the Singapore Trade Data Exchange (SGTraDex), which was launched at last year's ATxSG event. Mr Heng said the platform is a common data infrastructure for the sharing of regulatory, logistics and trade financing data, which will enable supply chain players to optimise cargo handling and operations and build confidence in trade financing. Three use cases have been successfully piloted over the past year to test the value of SGTraDex - strengthening the financing integrity of trade flows, enhancing end-to-end visibility of container logistics flows and digitalising the bunkering industry.14 Jun 2025
Profile Activity for SINGAPORE TRADE DATA EXCHANGE (SGTRADEX) TECHNOLOGIES PTE. LTD.
Analytics and engagement metrics from recent Scam.SG visitor traffic patterns and profile interactions over the past 14 days.
Steady
Comparable to other Development Of Software And Applications (except Games And Cybersecurity) companies
Public Preview of SINGAPORE TRADE DATA EXCHANGE (SGTRADEX) TECHNOLOGIES PTE. LTD.
This is only a preview of the TrustScore results for SINGAPORE TRADE DATA EXCHANGE (SGTRADEX) TECHNOLOGIES PTE. LTD., showcasing a few facets of its business that we have analysed.
Foundational Stage
A young brand or company in the early stage of organisation structures, framework, processes, workflow, systems.
SINGAPORE TRADE DATA EXCHANGE (SGTRADEX) TECHNOLOGIES PTE. LTD. has been operational for a few years, showing some level of stability. While it shows some level of stability, it may still be in the process of establishing its reputation and credibility. The company's address is shared by several other companies. While this is common for business centers and co-working spaces, it may affect the perceived exclusivity of the business location.
SINGAPORE TRADE DATA EXCHANGE (SGTRADEX) TECHNOLOGIES PTE. LTD. is registered on popular career platforms, showcasing job opportunities and employee testimonials. This presence suggests a professional approach to employee engagement and a commitment to building a positive employer brand.
The company is not on the MAS Enforcement List, which is a positive indicator of its compliance with financial regulations. The company is not blacklisted by CaseTrust, which is a positive indicator of its credibility.
The company has no official business profile on major search engines. This absence makes it difficult for potential customers to verify the company's legitimacy or get in touch, potentially raising suspicions about its credibility. SINGAPORE TRADE DATA EXCHANGE (SGTRADEX) TECHNOLOGIES PTE. LTD. may not have accessible contact information online, which dilutes engagement and credibility.
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TrustScore Last Scanned:
22 Mar 2026SINGAPORE TRADE DATA EXCHANGE (SGTRADEX) TECHNOLOGIES PTE. LTD. Job Openings
Explore available job positions and career opportunities currently offered by SINGAPORE TRADE DATA EXCHANGE (SGTRADEX) TECHNOLOGIES PTE. LTD..
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Similar Business Names
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Nearby Businesses
Businesses located in PASIR PANJANG ROAD, Singapore 117438
Similar Principal Activity
Companies with the same primary SSIC code: 62011
Frequently Asked Questions About SINGAPORE TRADE DATA EXCHANGE (SGTRADEX) TECHNOLOGIES PTE. LTD.
Common questions and answers to help you learn more about SINGAPORE TRADE DATA EXCHANGE (SGTRADEX) TECHNOLOGIES PTE. LTD.
SINGAPORE TRADE DATA EXCHANGE (SGTRADEX) TECHNOLOGIES PTE. LTD. has been in operation for 4 years since its incorporation in 28 February 2022 based on ACRA registration date. The business is registered with ACRA (Accounting and Corporate Regulatory Authority) under UEN 202206928W.
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