SINGAPORE — SPH Media Trust (SMT), a non-for-profit firm that owns the Straits Times and Lianhe Zaobao, said it has tasked its audit and risk committee to investigate its inflated circulation issues ...
Singapore dollar hits two-year high against US currency but upside seen limited
Building upon its resilience last year to a surging US dollar, the Singapore dollar has rallied in 2023 to hit its highest level in about two years.
SPH Media to investigate circulation issue more fully
SPH Media Trust (SMT) will reassess its methodology for reporting of circulation data after an internal review found that circulation data had been overstated, the company said in a statement on ...
Factbox: FACTBOX The many companies in Digital Currency Group’s crypto empire
U.S. crypto company Digital Currency Group (DCG) is at the center of the industry's latest meltdown after one of its companies, Genesis, froze customer withdrawals in November.
Crypto lending unit of Genesis files for US bankruptcy
The lending unit of crypto firm Genesis filed on Thursday for US bankruptcy protection from creditors, toppled by a market rout along with the likes of exchange FTX and lender BlockFi.
Tech billionaire’s loan to keep solar export dream to Singapore alive
The billionaires, both investors in the company, are at odds over whether to use clean electricity from a planned giant solar project in Australia for local use, or to export it to Singapore. Sun ...
IMDA investigating virtual telco Gorilla Mobile for not seeking approval before ceasing service
SINGAPORE: The Infocomm Media Development Authority (IMDA) is investigating virtual telco Gorilla Mobile for failing to seek the authority's approval before ceasing its mobile service, as required ...
Tech Billionaire’s Loan to Keep Singapore Solar Dream Alive
Billionaire Mike Cannon-Brookes’ Grok Ventures will provide a A$65 million ($45 million) loan to keep collapsed renewable energy startup Sun Cable operational while administrators seek a buyer.
Volume of Chinese travelers to Singapore won’t fully recover in 2023: Singapore Tourism Board
Keith Tan of the Singapore Tourism Board says it expects a full recovery across all markets by sometime in 2024.
Cabby issues: ‘Creepy’ Singapore taxi driver checks up on passenger consistently over 2 years
A taxi driver came off as creepy to this TikTok user who has been checked up on consistently for years. TikTok user Yatty yesterday posted a screenshot of a text conversation with a ComfortDelGro taxi ...
Canada’s Sun Life clinches $192 mln bancassurance deal with Dah Sing Bank
Sun Life Financial Inc has struck a 15-year bancassurance partnership in Hong Kong with Dah Sing Bank , a move that is likely to boost the Canadian insurer's presence in the special administrative ...
Winning Secrets: Citi’s programme for analysts pushes the boundaries on early careers’ empowerment
Sarab Preet Singh, Head of ASEAN & Singapore HR, Citi on how this programme has helped create holistic development opportunities for analysts.
Brokers’ take: DBS raises SIA’s target price on brighter earnings prospects
SINGAPORE Airlines (SIA)‘s valuation does not adequately reflect its brighter earnings prospects, said DBS Group Research on Friday (Jan 20). Read more at The Business Times.
More money, more problems for crypto
The disgraced crypto exchange’s new chief is open to the idea of restarting operations and possibly reviving the bankrupt company, according to a new report by WSJ. Time will tell if that happens and ...
Drug company official gets 7 years for illegal drug imports
A partner in a drug company based in India that made about $3.5 million by selling and shipping millions of illegal and unapproved pills to the U.S. to people who did not have prescriptions has been ...
Some plastics should just be binned in Singapore: Getting recycling right with a veteran advocate
Ahead of Chinese New Year festivities, Eco-Business speaks to Robin Rheaume, who leads a local online community on reducing waste, and is an administrator of a new website for all the ways to ...