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Category: BUSINESS

Posted on 18/10/2024

Singapore shares up in line with Wall Street gains; STI rises 1%

Losers outnumber gainers 296 to 278, after 1.5 billion securities worth $1.2 billion changed hands. Read more at straitstimes.com.

Posted on 18/10/2024

Yield for Singapore’s latest 1-year T-bill tumbles to 2.71%

Yields are likely to grind lower over the next few months as investors await further rate cuts by the US Fed. Read more at straitstimes.com.

Posted on 18/10/2024

‘Terminal masterplan’: Singapore LNG set to unveil nation’s second liquefied natural gas import facility

Singapore LNG Corporation (SLNG) has plans to expand and details of a second liquefied natural gas import facility are expected to be unveiled next week that will strengthen the country's energy ...

Posted on 18/10/2024

Singapore fuel oil stockpiles recover for third straight week

SINGAPORE - Onshore fuel oil stored at key trading hub Singapore recovered for a third straight week with a rise in net imports, official data showed on Thursday. Inventories rose 2.1% to 17.95 ...

Posted on 18/10/2024

How Petite Fleur’s founder grew her side hustle to a full-fledged business in Singapore & beyond

Here's how Petite Fleur's owner turned a hobby into a full-fledged florist business in Singapore, with the help of Visa's payment solutions.

Posted on 18/10/2024

Yield on latest Singapore 1-year T-bill tumbles to 2.71%

Yields likely to grind lower over next few months as investors await further rate cuts by Fed. Read more at straitstimes.com.

Posted on 18/10/2024

Central and Southern Asia emerges as leader in global crypto adoption

Seven countries in the top 20 list for the highest global crypto adoption index came from Central and Southern Asia and Oceania (CSAO).

Posted on 18/10/2024

Autonomous AI agents may be available to Singapore firms by 2025

Such tools can think for themselves and work on their own, putting them well ahead of regular AI agents such as chatbots. Read more at straitstimes.com.

Posted on 18/10/2024

Crypto crooks: Kidnapping, huge bar bills and exotic cars are linked to one of biggest bitcoin thefts in US history

A kidnapping of a Connecticut couple has been linked to one of the biggest thefts of cryptocurrency from an individual in United States history.

Posted on 18/10/2024

Crypto exchange WazirX has an asset deficit of 45% and withdrawals could take 6 months

The court had asked Zettai to address questions from creditors during a recent hearing and answers revealed an asset deficit of 45%.

Posted on 17/10/2024

Chick-fil-A is now taking on Singapore

The fast-food chicken sandwich chain plans to open a restaurant in the country late next year, its first in Asia. It plans to invest $75 ...

Posted on 17/10/2024

Chainalysis: APAC Emerges as Crypto Adoption Hotspot

Chainalysis report reveals APAC as a global crypto adoption leader, with India, Indonesia, and Vietnam driving growth. Institutional activity surges ...

Posted on 17/10/2024

Chick-fil-A is cooking up a $75 million plan for chicken domination in Asia — starting with Singapore

Chick-fil-A has announced plans for a restaurant in Asia, set to open in Singapore in late 2025. In a press release on Thursday, the fast-food chain announced that the restaurant's opening is part of ...

Posted on 17/10/2024

Crypto funding drops 20% in Q3 due to ‘barbell market’ — Galaxy Digital

Crypto venture capital funding fell 20% to $2.4 billion over the third quarter, driven by a “barbell market” where Bitcoin and high-risk memecoins led, leaving mid-tier projects seeking funding ...

Posted on 17/10/2024

MPs in Singapore raise questions over communication, business uncertainty in move to block Allianz-Income deal

SINGAPORE: The information-sharing process between different agencies was among the key issues raised as MPs debated the move to halt German insurer Allianz’s planned offer for Singapore’s Income ...

Posted on 17/10/2024

Enterprise Singapore Boost Financing For Singaporean Firms Expanding Into Africa

Enterprise Singapore (EnterpriseSG) and the African Export-Import Bank (Afreximbank) have signed an agreement to improve access to financing for Singaporean companies looking to expand into Africa.

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