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Month: November 2022

Posted on 28/11/2022

Dempsey tenants hold out hope they can continue business at ‘second home’

Two of them said they have looked for alternative venues but nothing matches up to Dempsey, which is like a "second home".

Posted on 28/11/2022

Chinese national who ran elaborate ‘sextortion’ scheme in Singapore pleads guilty to rape, other offences

Using multiple false personas, a 34-year-old married technician ran an elaborate “sextortion” scheme, tricking and threatening five young girls into having sex with him.

Posted on 28/11/2022

FTX collapse put the Singapore government in a parliamentary hot seat

FTX collapse might change the government and cryptocurrency exchange relations in the coming years and might have a lasting impact on regulations as well.

Posted on 28/11/2022

PAG, Platinum among bidders for Advent’s stake in Singapore tuition chain worth up to $500 mln -sources

By Roxanne Liu and Yantoultra Ngui BEIJING/SINGAPORE, Nov 28 (Reuters) - Private equity firms PAG and Platinum Equity are among bidders vying for Advent International's stake in Singaporean tuition ...

Posted on 28/11/2022

Blockchain is transforming capital markets, and Singapore is leading the way

Asset tokenization and DeFi hold tremendous potential for the finance sector, writes Han Kwee Juan of DBS Bank. Here's how the Singaporean government is at the forefront of change.

Posted on 28/11/2022

Singapore and UK strengthen their FinTech partnership

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride ...

Posted on 28/11/2022

Thousands gather for anime festival in Singapore

STORY: Thousands gathered for this Singapore anime festival after a three-year hiatus Cosplay enthusiast Frankie travelled to the Anime Festival Asia from Malaysia (Frankie, Magician from Malaysia) "We all love animes,

Posted on 28/11/2022

‘Now I pay almost $700 less per month’: 4 homeowners share how they are dealing with the rising interest rates

With interest rates now sitting at over four per cent, and the potential for further hikes on the horizon, Singaporeans homeowners are beginning to feel the heat.From reaching CPF withdrawal limits, ...

Posted on 28/11/2022

Mark Mobius sees bitcoin down at US$10,000 in ‘dangerous’ crypto market

THE crypto rout has room to run, according to veteran fund manager Mark Mobius. Read more at The Business Times.

Posted on 28/11/2022

Singapore shares edge down on China’s Covid protests

ASIAN equities, including Singapore shares, closed in the red on Monday (Nov 28), after a weekend of protests across China over restrictive Covid curbs dampened market sentiment. Read more at The ...

Posted on 28/11/2022

UK and Singapore to Cooperate on Sustainable Finance, Fintech Innovation

The United Kingdom (UK) and Singapore have signed a Memorandum of Understanding to establish the UK-Singapore Fintech Bridge on Friday.

Posted on 28/11/2022

Singapore comes top for cryptocurrency businesses in latest business report, says Coincub.com

On a comprehensive number of business ranking categories, Singapore leads the pack as the world's most 'business-friendly' crypto country. The ambitious island nation scores highly on the proportional ...

Posted on 28/11/2022

Singapore Government Faces Parliament Grilling Over FTX Fallout

Singapore’s government faces increased scrutiny over the fallout from the collapse of Sam Bankman-Fried’s FTX crypto empire.

Posted on 28/11/2022

Stock Market LIVE Updates: Sensex falls 130 points, Nifty below 18,500; Hindalco sheds 2%, MSTC rises 5%

Nifty futures on the Singapore Exchange traded 70.5 points, or 0.38 per cent, lower at 18,590.50, signaling that Dalal Street was headed for a negative start on Monday. Headline equity index Nifty on ...

Posted on 28/11/2022

OCBC says physical branches relevant as it opens lifestyle banking centre in Orchard Road

SINGAPORE – The physical branch network remains an important channel for OCBC Bank to connect with its customers, according to group CEO Helen Wong, even as digital banking continues to grow. OCBC is ...

Posted on 28/11/2022

More retrenchments in Singapore’s tech sector, with 1,270 local workers affected since July

This is an increase from the 260 local workers in the tech sector who were retrenched in the first half of 2022.

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