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Month: January 2023

Posted on 13/01/2023

Temasek-backed ST Telemedia explores over $1.3 billion IPO: Sources

SINGAPORE - ST Telemedia Global Data Centres (STT GDC), a company backed by Singapore’s state-owned investment firm Temasek Holdings is exploring a potential initial public offering (IPO) that could ...

Posted on 13/01/2023

Temasek-backed ST Telemedia Global Data Centres explores over US$1b IPO: sources

ST TELEMEDIA Global Data Centres (STT GDC), a company backed by Singapore’s state-owned investment firm Temasek, is exploring a potential initial public offering (IPO) that could raise more than US$1 ...

Posted on 13/01/2023

JPMorgan sees that Singapore bank share prices will drop in 2023

JPMorgan is forecasting that Singapore bank share prices will fall later in 2023, due to a risk of non performing loans (NPL). A team of five analysts from the financial services company say that ...

Posted on 13/01/2023

Crypto.com to cut 20% jobs as industry rout deepens after FTX collapse

Crypto.com said on Friday it would be reducing about 20% of its workforce, as cryptocurrency exchanges face industry-wide challenges brought on by the collapse of FTX last year.

Posted on 13/01/2023

Singapore-based Crypto.com to cut global workforce by 20%

Crypto firms collectively have shed more than 1,600 jobs in the first two weeks of 2023. Read more at straitstimes.com.

Posted on 13/01/2023

Crypto.com cuts 20% jobs amid ‘unforeseeable’ industry events

Crypto exchange Crypto.com is cutting its global workforce by 20%, it said on Friday, as it navigates ongoing economic headwinds and "unforeseeable" industry events. This is the second major layoff at ...

Posted on 13/01/2023

Crypto.com cuts global workforce as industry’s woes deepen

SINGAPORE: Digital asset exchange Crypto.com is reducing its global workforce by about 20%, the latest retrenchment in the sector following a collapse in virtual-coin prices. Kris Marszalek, the ...

Posted on 13/01/2023

Market LIVE Updates: Sensex and Nifty 50 to open higher tracing global cues

"p-message_pane_message__message_label c-message_kit__labels c-message_kit__labels--light"> Stock Market LIVE Updates: Indian equity benchmarks BSE Sensex and NSE Nifty50 are expected to open ...

Posted on 13/01/2023

5 Reasons To Look At The Hong Kong Stock Market In 2023 (And How Singapore Investors Can Gain Exposure To Hong Kong Stocks)

This article is sponsored by Société Générale, Singapore Branch. All views expressed in this article are the independent opinion of DollarsAndSense.sg based on our research. DollarsAndSense.sg is not ...

Posted on 13/01/2023

Singapore’s Crypto.com to cut global workforce by 20%

Singapore-based crypto exchange Crypto.com said on Friday it had decided to reduce global workforce by approximately 20%.

Posted on 13/01/2023

Central bank rates seen peaking soon in Southeast Asia

With slowing inflation in the US keeping the Fed on track to downshift to a quarter-point move at its next meeting, many analysts surveyed expect rate increases in Southeast Asia to end this quarter.

Posted on 13/01/2023

Tech talent still in demand by companies in Singapore

One in two firms in Singapore also say they will continue to increase their headcount in H1 2023, according to JobStreet's survey.

Posted on 13/01/2023

2 arrested, over 3,400 cartons of duty-unpaid cigarettes seized by S’pore Customs

The total duty evaded was more than $360,000, while the GST evaded was over $32,000. Read more at straitstimes.com.

Posted on 13/01/2023

First digital trade deal between Singapore, South Korea to come into effect on Jan 14

THE Korea-Singapore Digital Partnership Agreement (KSDPA), the first digital trade deal between the two countries, is slated to come into effect on Saturday (Jan 14). Read more at The Business Times.

Posted on 13/01/2023

Dining & Buffet Credit Card Promotions and 1-for-1 Deals (January 2023)

From Asian and western to international hotel buffets, here are the best 1-for-1 dining buffets happening in Singapore this January 2023.

Posted on 13/01/2023

UOB prices $850 mil perpetual capital securities with 5.25% coupon

United Overseas Bank (UOB) says it intends to issue $850 million worth of perpetual capital securities on Jan 13. The perpetual capital securities come with a fixed distribution rate of 5.25% and will ...

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