Sea Ltd has cut about 7,000 jobs, or roughly 10% of its workforce, in the past six months as it fights to stem ballooning losses and win back investors, according to a person familiar with the matter.
Recession Is Price of Misreading Inflation, Singapore Minister Says
The current spell of weakness in the global economy is the result of central banks the world over betting “on the wrong side” of inflation last year, Singapore’s Senior Minister Tharman Shanmugaratnam ...
Singapore Bourse Due For Profit Taking On Tuesday
(RTTNews) - The Singapore stock market has climbed higher in seven straight sessions, improving almost 160 points or 5.1 percent along the way. The Straits Times Index now rests just above the ...
Will bulls pull Nifty to new 52-week high or bears to come back? Key things to know before market opens
Trends in the SGX Nifty hinted at a flat to positive start for domestic equities as Nifty futures were trading marginally higher at around 18,405 levels on the Singapore exchange.
Inox Green Energy IPO: Latest GMP on the last day of subscription
As per market observers, Inox Green Energy shares are commanding a premium (GMP) of 4 in the grey market today. The shares of the company are expected to list on the stock exchang ...
Credit Suisse Cuts Senior Bank Jobs in Asia as Overhaul Begins
Credit Suisse Group AG has started cutting senior bank jobs in Asia including three managing directors across investment banking and financing as the Swiss giant carries out its plan to reduce global ...
MAS clarifies FTX does not operate in Singapore, amid reports of Singaporeans losing investments in crypto firm
Bankrupt cryptocurrency exchange FTX does not operate in Singapore, the Monetary Authority of Singapore (MAS) said on Monday (Nov 14) The firm is neither licensed nor exempted from licensing here, the ...
Germany, Singapore seal partnership deals
Having first stopped off in Vietnam, Scholz was then welcomed for his first visit to Singapore since becoming chancellor last year by Prime Minister Lee Hsien Loong. The two leaders held a joint media ...
In Singapore, man gets 13 weeks’ jail for spitting bubble tea pearls at teens, stealing e-bike batteries
Feeling bored and thinking it would bring him amusement, 25-year-old Toh Jun Sheng decided to spit bubble tea pearls at five secondary school ...
Tourist sparks outrage for saying Singapore is ‘dirty,’ ‘smells like garbage’
A foreign tourist has sparked outrage in Singapore over offensive remarks he made about the country and a local 7-Eleven employee. The tourist, who goes by the handle @youcancallmehubby on TikTok and ...
Commentary: What the rise of digital banks means for Singapore’s seniors
SINGAPORE: Many of us have experienced this especially in the last few years – an older relative needing help with a new digital initiative, be it PayNow, online shopping, figuring out Parking.sg or ...
Singapore PM hopes for consensus on key issues at G20
Singapore Prime Minister Lee Hsien Loong said on Monday the difficult issues at the G20 summit include climate change, global economy, security, and the conflict between Russia and Ukraine.
Vow’s first cultured meat product close to Singapore unveiling after $49.2M Series A
Another cell-based meat company is poised to have its meat products introduced in restaurants. Vow’s first product brand, Morsel, which was created from its cultured meat technology, will go into ...
Commentary: Our seniors are ready to bank online. Are Singapore’s new digital banks ready for them?
At DBS, almost a third of the 100,000 customers who activated their online spending services between February and April 2020 were above 50. People use the automated teller machines at a terminal of ...
Sports-Teams may look beyond crypto after FTX collapse, say industry experts
Sports teams and businesses may shy away from long-term deals with crypto firms to minimise their risks after troubled crypto exchange FTX filed for U.S. bankruptcy protection last week, industry ...
New digitally-enabled MBFC headquarters marks a new era for this bank
as it sees Singapore as the nexus for cross-border collaboration in Southeast Asia across wealth management as well as wholesale banking. In line with this, the Bank is expanding its health and wealth ...