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Category: BUSINESS

Posted on 26/08/2024

China’s second richest man jailed for 6 years over $5 million crypto fraud

China’s second richest man, as of 2001, according to a Forbes ranking was jailed in Singapore following a fraudulent crypto ...

Posted on 26/08/2024

VN firms advised to stay cautious amid Singapore’s trade regulation adjustment

This process will conclude on September 3. Previously, the Singapore Food Agency (SFA) had developed a regulatory framework for the import and use of insects and insect-based products as food, with ...

Posted on 26/08/2024

Belgium’s UCB to sell China neurology and allergy business for $680 mln

UCB, a Belgian biopharmaceutical firm, said on Monday that it will sell its Chinese neurology and allergy business to asset management group CBC and Abu Dhabhi's Mubadala for $680 million.

Posted on 26/08/2024

Food delivery rider wins damages over car accident, but hearing reveals he did not declare income or pay tax

The food delivery rider admitted under cross-examination by the driver's lawyers that he had not declared his income nor paid tax, as he did not "have any CPF".

Posted on 26/08/2024

Jail for mastermind of crypto Ponzi scheme after investors lose S$1.1 million

The mastermind of a multi-million-dollar Ponzi scheme disguised as cryptocurrency investments was jailed for six years and fined S$16,000 on Monday (Aug 26).

Posted on 26/08/2024

Telegram-linked crypto token sheds $3.5 billion after CEO held

The 10th largest cryptoasset pared some of the drop to trade at US$5.69 as of 10.36am on Aug 26 in Singapore but is still down 16 per ... between Telegram and TON turned the latter into one of ...

Posted on 26/08/2024

Vietnamese firms advised to stay cautious amid Singapore’s trade regulation adjustment

With Singapore seeking public feedback as part of its ongoing efforts to refine regulations and enhance its National Standardisation Programme’s trade management framework, the Vietnamese Trade Office ...

Posted on 26/08/2024

Singapore stocks open higher on Monday—STI gained 0.4%

SINGAPORE: Singapore stocks opened higher on Monday, Aug 26, after comments from US Federal Reserve... The post Singapore stocks open higher on Monday—STI gained 0.4% appeared first on The Independent ...

Posted on 26/08/2024

Cooking videos, online sales and modern flagship: How hawker brothers shake up family’s wet market business

To make matters worse, the Covid-19 pandemic and Singapore’s safe-distancing measures in 2020 further impacted the family’s business, leaving them stranded with hundreds of kilogrammes of unsold pork ...

Posted on 26/08/2024

Goyal discusses ways to increase investments with top firms in Singapore

Commerce and Industry Minister Piyush Goyal on Sunday discussed ways to increase investments with the global business leaders in Singapore like Temasek Holdings, DBS bank, OMERS, Keppal infrastructure ...

Posted on 25/08/2024

Singapore market offers enormous scope for Thai insect exporters

The department said Thailand had the potential to export insects and their products. “The SFA’s approval for the import of consumable insects is a good opportunity for Thai entrepreneurs to penetrate ...

Posted on 25/08/2024

Forget about robo-taxis in San Francisco: Autonomous vehicles are real in Singapore

Thanks to Boston startup Venti Technologies, dozens of self-driving trucks are operating 24 hours a day in one of the world’s busiest ports.

Posted on 25/08/2024

Over a quarter of Gen Zs in Singapore are financially unprepared

More than one in four Gen Zs in Singapore, aged 18 to 25, are not taking adequate measures to secure their financial future, according to lender United Overseas Bank (UOB).

Posted on 25/08/2024

A ‘balancing act’ to respect the past but not allow it to constrain Singapore’s future: PM Wong

Multiculturalism, self-reliance and a focus on families are important values for Singapore to preserve, says Prime Minister Lawrence Wong on his 100th day in office.

Posted on 24/08/2024

Crypto exchange WazirX faces cyber threats, announces partial INR withdrawals starting from August 26

Cryptocurrency exchange WazirX has announced that it will begin allowing partial withdrawals of Indian Rupee balances from its platform starting August 26 ...

Posted on 24/08/2024

Energy-hungry Singapore eyes Malaysia’s rainforests, Australia’s deserts, for clean power

Singapore is looking to its neighbours for sources of renewable energy as it aims to reach net zero by 2050 despite challenges.

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