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Category: BUSINESS

Posted on 11/12/2024

Crypto.com Taps Deutsche Bank for Corporate Banking Services in Key APAC Markets

Crypto.com has partnered with Deutsche Bank to enhance its corporate banking capabilities across Singapore, Australia, and Hong Kong.

Posted on 11/12/2024

Maybank keeps Sembcorp at ‘buy’ with higher TP following agreement to import renewable energy from Malaysia

This comes on the back of Sembcorp agreeing to import 50MW of renewable energy from Tenaga of Malaysia to Singapore issued with Renewable Energy Certificates (RECs) using existing infrastructure. The ...

Posted on 11/12/2024

Economists Raise Singapore’s 2024 Growth Forecast, Central Bank Survey Shows

Experts surveyed by Singapore’s central bank have raised their 2024 economic growth forecast for the city-state, coming after third-quarter data showed the economy expanded at the fastest in nearly ...

Posted on 11/12/2024

Economists see Singapore economy slowing to 2.6% in 2025 from 3.6% in 2024: MAS survey

Geopolitical tensions, including from higher tariffs, jumps to top downside risks to Singapore’s economy. Read more at straitstimes.com.

Posted on 11/12/2024

Charge+ acquires 140 EV chargers from 3 companies ceasing commercial charging services in Singapore

Charge+ has acquired 140 public and shared EV chargers from three other companies in Singapore that have ceased offering commercial charging services. Read more at The Business Times.

Posted on 11/12/2024

Manufacturing leads Singapore’s GDP growth with 11% YoY rise in Q3

GDP is expected to drop in 2025. Singapore’s gross domestic product (GDP) grew by 5.4% year-on-year (YoY) in Q3 2024, driven primarily by the manufacturing sector, Oxford Economics reported. The ...

Posted on 11/12/2024

Singapore semiconductor sector troubled by widening US curbs

New US export restrictions on semiconductors are unlikely to mar Singapore’s standing as a resilient manufacturing hub, but firms here could still take a hit from brewing trade tensions and technology ...

Posted on 11/12/2024

Crypto.com taps Deutsche Bank for Asia-Pacific markets

Cryptocurrency exchange Crypto.com has announced a new partnership with Deutsche Bank to provide corporate banking services across Asian-Pacific markets, covering regions such as Singapore, Australia, ...

Posted on 11/12/2024

Crypto.com picks Deutsche Bank as corporate banking partner for APAC region

Cryptocurrency exchange Crypto.com has partnered with Deutsche Bank to become its corporate banking partner for Singapore, Australia, and Hong Kong. In an announcement today, the exchange said the ...

Posted on 10/12/2024

WazirX parent Zettai files application in Singapore High Court to present recovery scheme

The application filed on December 6 outlined a structured roadmap for recovery, and if approved, will include initial distributions of available liquid assets within 10 Business Days (as defined in ...

Posted on 10/12/2024

Will Singapore Realise Its Tokenisation Dreams?

Singapore has embarked on a journey to embrace tokenisation, driven by a desire to position itself as a leader in the digital asset space.

Posted on 10/12/2024

Singapore Is Pushing to Become A Tokenised Nation

Singapore has embarked on a journey to embrace tokenisation, driven by a desire to position itself as a leader in the digital asset space.

Posted on 10/12/2024

Crypto volatility picks up as Trump-fueled rally starts to fray

A BOUT of selling buffeted crypto as the optimism sparked by president-elect Donald Trump’s embrace of the sector begins to cool. Read more at The Business Times.

Posted on 10/12/2024

Crypto crash wipes out $1.7 billion in leveraged positions, Bitcoin plunges toward $94,000

Crypto market crash results in $1.7B in liquidations. Bitcoin plunges to $94K amid market-wide selloff and quantum computing concerns.

Posted on 10/12/2024

China Nov copper imports hit one-year high

China's copper imports rose in November to a one-year high, customs data showed on Tuesday, fuelled by shipments from Africa and purchases to restock domestic inventories.

Posted on 10/12/2024

Bitcoin Wavers, Smaller Tokens Sink as Frothy Crypto Rally Frays

A bout of selling buffeted crypto as the optimism sparked by President-elect Donald Trump’s embrace of the sector begins to cool.

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