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Month: February 2025

Posted on 25/02/2025

Bybit Promises up to $140,000,000 Bounty To Hunt Down Perpetrators of ‘Largest Heist’ in Crypto History

The Singapore-based crypto exchange Bybit is offering a large bounty for information that could lead to the recovery of the funds that were stolen in a major hack.

Posted on 25/02/2025

SingPost could see special dividend from sale of Australian business

SingPost may distribute special dividend, with stock fairly valued as it is unlikely to be lifted by property revaluation, unless SingPost Centre is divested ...

Posted on 25/02/2025

Singapore’s biggest bank cuts roles as it embraces AI

Singapore's biggest bank says it expects to cut 4,000 roles over the next three years as artificial intelligence (AI) takes on more work currently done by humans. "The reduction in workforce will come ...

Posted on 25/02/2025

Woman arrested at Phuket airport for trying to smuggle 4.3kg of meth in luggage to Singapore

A 65-year-old American woman was arrested at Phuket airport with 4.3kg of crystal methamphetamine, according to multiple reports. The woman, identified as Melba Geraldine Sharp from California, was ...

Posted on 25/02/2025

DBS Bank To Cut 10 Per Cent Jobs Over Next 3 Years As AI Role Rises

DBS Group, which completed three decades of its operations in India, reported an income of 22.3 billion Singapore dollars in 2024 and a net profit of 11.4 billion Singapore dollars.

Posted on 25/02/2025

Jail for woman who paid S$44,000 for marriage of convenience to prolong stay in Singapore

SINGAPORE: A Vietnamese woman who came across an advertisement for sham marriages that could help foreigners prolong their stay in Singapore decided to give it a try. Nguyen Thi T

Posted on 25/02/2025

Singapore Airlines: Too Inconsistent For Investment

FY25 net profit surged to SGD 1.6 billion, mainly due to a non-cash gain from the Air India-Vistara merger. Read the earnings review and why I'm upgrading the stock.

Posted on 25/02/2025

How Gen Zs and millennials can build their retirement nest eggs

Financial advisers suggest asset classes such as equities, ETFs and unit trusts. Read more at straitstimes.com.

Posted on 25/02/2025

DBS expects to shrink contract and temp jobs by 4,000 over next 3 years as AI replaces roles

Reductions will come from natural attrition, DBS said, and permanent staff will not be affected. Read more at straitstimes.com.

Posted on 25/02/2025

Gold Market Ructions Drive Singapore Exports to the US

Gold shipments from Singapore to the US climbed to the highest level in almost three years in January, a further sign of the ructions in bullion trading after pricing disparities opened up in key ...

Posted on 25/02/2025

The Business Times’ post-Budget dialogue on business resilience to be held on Mar 18

THE Business Times is organising a post-Budget dialogue to delve into the latest business-related measures announced by Prime Minister Lawrence Wong, who is also finance minister, and discuss how ...

Posted on 25/02/2025

2025 HSBC Women’s World Championship: Power Rankings, Defending Champion, Prize Money, and Major Details

HSBC Women's World Championship is just around the corner, and it's shaping up to be an absolute thriller and well tickets are selling out! The post 2025 HSBC Women's World Championship: Power ...

Posted on 25/02/2025

DBS to reduce workforce by 4,000 in 3 years because of AI adoption: CEO

DBS Group expects a 10% reduction in its workforce in the next three years as artificial intelligence adoption goes deeper into the operations, its chief executive Piyush Gupta said on Monday. Gupta ...

Posted on 25/02/2025

‘Tough school’: LPGA rookie shot 27 under and finished second, but can’t get into this week’s Singapore field

LPGA rookie Akie Iwai undoubtedly earned a new fan base with her impressive performance in finishing second to Angel Yin in the Honda LPGA Thailand on Sunday. The 22-year-old Japanese star led the ...

Posted on 25/02/2025

This LPGA rookie shot rounds of 61, 62 in Thailand but failed to earn a spot in HSBC field

Japan's Akie Iwai finished second at the Honda LPGA Thailand but didn't earn any CME points nor did she make the HSBC field this week.

Posted on 25/02/2025

DBS to cut 4,000 contract and temporary staff over three years as AI adoption grows

DBS Group Holdings plans to reduce its contract and temporary workforce by around 4,000 over the next three years due to increased adoption of artificial intelligence (AI), CEO Piyush Gupta confirmed.

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