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Month: November 2022

Posted on 17/11/2022

Singapore’s Temasek writes down $275 million investment in FTX

Singapore's state investor Temasek Holdings said on Thursday it will write down the value of its full investment in collapsed cryptocurrency exchange FTX, irrespective of outcome of its bankruptcy ...

Posted on 17/11/2022

Temasek Intends To Write Down Investments In FTX Of Up To $300M: Expert Weighs In On What’s Next In Crypto Investments

The state investment fund of Singapore, Temasek, is prepared to write down investments to the tune of $200 million to $300 million in the bankrupt cryptocurrency exchange FTX.

Posted on 17/11/2022

Bangladesh seeks Singaporean investment to become ‘connectivity hub’

Describing Singapore as a "connectivity hub" for distribution of services as well as trade, State Minister for Foreign Affairs Md Shahriar Alam yesterday shared the aspirations of Bangladesh to emerge ...

Posted on 17/11/2022

Mubadala Acquires Stake In Singapore’s Aircarbon

Abu Dhabi state fund Mubadala Investment Company confirmed on Wednesday that it has acquired a strategic stake in Singapore-based AirCarbon Excha ...

Posted on 17/11/2022

Singapore’s bank DBS to open office in Dhaka

Singaporean bank DBS yesterday announced that it will be expanding its regional footprint with the establishment of a representative office in Dhaka.

Posted on 17/11/2022

How local employees at this global bank gain from being youth mentors

About 40 volunteers from the bank’s Singapore office connect with 30 to 40 students every year in the programme. It is “a good take-up rate”, says Ms Green. Students would meet with their Credit ...

Posted on 17/11/2022

Global headwinds impede export to 7 trading partners

However, exports to the Netherlands, Singapore, and Brazil saw growth from the year earlier.India’s total mercantile exports fell 16.65% from the year-ago to $29.78 billion in October ...

Posted on 17/11/2022

Rise in abandoned pet chickens in Singapore leads to space shortage at shelters

There has been a 40 per cent jump in neglected chickens in recent months, as more residents get into a flap over noisy poultry.

Posted on 17/11/2022

Ngee Ann Poly alumni commit $500,000 in new angel investment network to support student entrepreneurs

SINGAPORE - Ngee Ann Polytechnic (NP) students who are keen on growing their businesses can now get funding from alumni who are accomplished entrepreneurs. Read more at straitstimes.com.

Posted on 17/11/2022

P&O Cruises’ Sydney to Singapore Explorer

Embark on a journey of discovery with P&O Cruises’ Arcadia as she cruises from Australia to Southeast Asia paired with two-night ...

Posted on 17/11/2022

Arrested Aussie schoolgirls face ‘humiliation’ in Singapore: ABC reporter who faced caning in Changi jail tells all about the tough reality facing the teenagers accused of …

The elite Melbourne schoolgirls arrested for allegedly shoplifting Victoria's Secret lingerie would have undergone a frightening experience and been publicly shamed by Singaporean police. ( read original story ...)

Posted on 17/11/2022

NY Fed Launches Digital Dollar Pilot Program With Big Banks

Nine U.S. financial institutions, including Citibank, Wells Fargo ... Earlier this month, France, Switzerland, and Singapore jointly conducted a trial for their digital currencies, one of the first of ...

Posted on 17/11/2022

Singaporean bank DBS to open representative office in Dhaka

Singaporean bank DBS today announced that it will be expanding its regional footprint with the establishment of a representative office in Dhaka.

Posted on 17/11/2022

Singapore-Based Crypto Exchange Bitget Opens Operations in Brazil

The company has integrated with the government’s payment system Pix and has started to allow crypto purchases with Brazilian reals.

Posted on 17/11/2022

Grab lifts revenue forecast, delivery business breaks even

Grab Holdings Ltd bumped up its 2022 revenue forecast on Wednesday as demand booms for the Southeast Asian super-app's rideshare and delivery services, sending its U.S.-listed shares up 7%.

Posted on 17/11/2022

Vertiv supports Singapore’s first tropical data center testbed with energy-efficient cooling technologies

Vertiv, a global provider of critical digital infrastructure and continuity solutions, has announced that it has partnered with National University of Singapore (NUS) and Nanyang Technological ...

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