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Month: October 2024

Posted on 02/10/2024

Samsung’s Singapore staff not spared as it cuts thousands of jobs in global layoff

SAMSUNG Electronics is laying off workers in South-east Asia, Australia and New Zealand as part of a plan to reduce global headcount by thousands of jobs, according to people familiar with the ...

Posted on 02/10/2024

Dyson retrenches staff in Singapore, gives union only 1 day’s notice

Dyson conducted a retrenchment exercise on Tuesday (Oct 1), giving the labour union in Singapore only a day's notice of the layoff. The United Workers of Electronics and Electrical Industries (UWEEI) ...

Posted on 02/10/2024

Top shareholder in Singapore FPSO builder rejects Hanwha’s offer

A takeover offer by South Korean offshore and marine giant Hanwha Ocean for Singaporean peer Dyna-Mac has been rejected by the Singaporean company’s largest shareholder.

Posted on 02/10/2024

Singapore looks for ‘practical’ medical breakthroughs with new AI research center

The new research facility will focus its AI development efforts on four clinical areas, including mental health and cancer screening.

Posted on 02/10/2024

Form 67 Submission Requirement is Directory, Not Mandatory, if Filed Before Completion of Assessment

The tribunal examined the denial of FTC in light of prior judicial precedents, including a relevant decision from the Madras High Court, which held that the requirement for submitting Form No. 67 is ...

Posted on 02/10/2024

Singapore’s prime office market subdued amid cautious business spending

Expansions by larger office tenants have been “few and far between”, with the market largely seeing short-term lease renewals instead, according to industry observers.

Posted on 02/10/2024

From owning single cafe to supplying 100 brands: How this S’pore couple is growing their gelato business

With Enterprise Singapore’s support, Denzy Gelato is innovating with healthier offerings, scaling up production and setting its sights on South-east Asia.  Read more at straitstimes.com.

Posted on 02/10/2024

How come the rich get richer? ‘The Hidden Globe’ reveals the shadowy networks that fatten fat cats

Atossa Araxia Abrahamian's "The Hidden Globe" dives into the tax schemes and other shenanigans that help the one percent get even wealthier.

Posted on 02/10/2024

ESG Watch: Transition credits set to help Asia shift from coal

Decarbonising the global economy is a massive task that will take enormous amounts of clean energy technology, from wind turbines to electric vehicles, heat pumps to green steel.

Posted on 02/10/2024

Singapore schools to introduce “AI for Fun” courses as part of Smart Nation 2.0 plan

Designed to last five to ten hours, the curriculum will cover essential coding concepts while providing a foundational understanding of AI ...

Posted on 02/10/2024

Singapore’s offshore and marine stocks could rally amid tensions in the Middle East

SINGAPORE – Rising tensions in the Middle East, which portend higher oil prices, could provide an uplift to offshore and marine sector companies listed in Singapore.

Posted on 02/10/2024

How this unique business model is setting new standards in crypto asset management

This crypto financial service hub emphasizes investor success and constant innovation.

Posted on 02/10/2024

The crypto market right now is a fake boom economy built on VC money and parties

The answer is clear: The money is coming from VCs, who are pumping funding into new layer-1 and layer-2 blockchains that have yet to even launch a testnet, but are still raising at billion-plus dollar ...

Posted on 02/10/2024

Iron ore price on the rise after China’s big move

Iron ore prices surged 10 per cent in a major boost for the Australian economy, on the same day a government department had predicted earnings to plummet by $39 billion.

Posted on 02/10/2024

Singapore: Singaporeans take digital dive into China’s Dunhuang caves to view ancient art

Singapore - September 30, 2024 With broad murals and digital technology, a cultural exhibition in Singapore is presenting visitors with the ancient artistic wonders of Dunhuang, a city in northwest ...

Posted on 01/10/2024

Smart Nation 2.0: Singapore to double down on investment in areas such as AI

Singapore is looking to double down on investment in emerging areas of tech like artificial intelligence, while protecting citizens from online harms and digital risks. It comes as the country embarks ...

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