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Month: November 2022

Posted on 12/11/2022

In Singapore, teenagers aged 14 and 17 among 96 suspected drug offenders nabbed in islandwide raids

A total of 96 suspected drug offenders were arrested in islandwide raids by the Central Narcotics Bureau (CNB), including teenagers aged 14 and 17 who ...

Posted on 12/11/2022

Singapore’s last giant joss stick makers call it a day

Though there are no competitors, customers are not willing to pay high prices for the joss sticks, which will be burnt eventually. Read more at straitstimes.com.

Posted on 12/11/2022

Technology advancements, decarbonisation drive could boost push for nuclear power in S’pore

SINGAPORE - The global agenda to decarbonise, coupled with recent technological advancements, has tipped Singapore towards nuclear power as an energy source, something that was deemed not feasible by ...

Posted on 12/11/2022

Top Stock Market Highlights of the Week: ST Engineering, StarHub, SATS and Meta Platforms

We delve into the latest earnings from two companies and also recent corporate developments at both ST Engineering and Meta Platforms. The post Top Stock Market Highlights of the Week: ST Engineering, ...

Posted on 12/11/2022

Crypto exchange FTX files for bankruptcy as wunderkind CEO exits

Crypto exchange FTX filed for U.S. bankruptcy protection on Friday and its founder Sam Bankman-Fried resigned as chief executive, after the biggest blowup in the crypto industry drew calls for tighter ...

Posted on 12/11/2022

Why fish in Singapore is more expensive, and the prospect of prices remaining high

Malaysia supplied a quarter of Singapore’s seafood last year. The programme Talking Point heads north to get the low-down on costs from a fishing fleet owner, a fish farmer and a spokesperson for ...

Posted on 12/11/2022

Singapore’s central bank partners New York Fed to explore wholesale CBDCs

The Monetary Authority of Singapore (MAS) has partnered The New York Innovation Center of the Federal Reserve Bank of New York, to study if wholesale central bank digital currencies (wCBDCs) can make ...

Posted on 12/11/2022

Joint news release: OCBC Bank and NTU Singapore to embark on a $5 million research collaboration

OCBC Bank and Nanyang Technological University Singapore (NTU Singapore) today announced that they have embarked on a S$5 million research collaboration over the next five years, to develop innovative ...

Posted on 12/11/2022

Sam Bankman-Fried’s $32 billion FTX crypto empire files for bankruptcy

FTX has filed for bankruptcy protection in the US after it was unable to meet a torrent of withdrawals, marking a stunning collapse for Sam Bankman-Fried’s crypto empire that was valued at $32bn just ...

Posted on 11/11/2022

Singapore stocks surge as US inflation begins to slow; STI up 1.7%

The more benign American inflation figures that turbocharged Wall Street overnight worked their magic in the region as well on Friday. Read more at straitstimes.com.

Posted on 11/11/2022

Crypto peaked a year ago — investors have lost more than $2 trillion since

In the 12 months since bitcoin peaked at over $68,000, the crypto trade has unwound, sending many coins to zero and hedge funds and lenders into bankruptcy.

Posted on 11/11/2022

Singapore – In The Eye Of The Storm – Crisis Management Playbook In Crypto’s Lehman Brothers’ Event.

Singapore - In The Eye Of The Storm - Crisis Management Playbook In Crypto's Lehman Brothers' Event. Legal News and Analysis - Singapore - Banking & Finance, Regulatory & Compliance - ...

Posted on 11/11/2022

FTX investors fear their money is lost as crypto company collapses

Since 1990, the Ontario Teachers Pension Plan has managed hundreds of billions of dollars in assets for nearly 200,000 education workers, holding stakes in traditional investments from airports to ...

Posted on 11/11/2022

Meta layoffs: Singapore employees affected across many departments; spreadsheets circulating to help job hunt

Affected Singapore employees of the Facebook parent, who were among the 11,000 laid off worldwide, took to LinkedIn to announce the news and seek new job opportunities.

Posted on 11/11/2022

Japanese tech firms expanding into Singapore and South-east Asia

SINGAPORE - Workers in the construction industry used to mark physical diagrams with coloured pencils while planning their work, but they now have the option of tracking their progress on a tablet ...

Posted on 11/11/2022

Money transfer between India, Singapore may be via UPI soon: Report

For easy transfer of funds at the lowest possible cost, India and Singapore are soon going to link their fast payment systems, Unified Payments Interface (UPI) and PayNow, according to India's High ...

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