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Category: BUSINESS

Posted on 02/05/2024

28 Interesting Facts About Singapore

The most interesting facts about Singapore, from the world’s tallest indoor waterfall to the founding of World Toilet Day.

Posted on 01/05/2024

Spices exports of $2.5 bn face the risk of losses

If China, influenced by actions in Hong Kong and ASEAN based on the precedents set by Singapore, decides to implement similar measures, Indian spice exports could see a dramatic downturn. The ...

Posted on 01/05/2024

Unveiling the Future of Finance: Coinremitter on Crypto Payments

Coinremitter release guide, outlining the potential impact of crypto payments on finance, highlighting opportunities and challenges for wider ...

Posted on 01/05/2024

Commentary: Recreation is serious business in Singapore

Recreational spaces play a very important role in fostering stronger social ties among residents, says Lee Kuan Yew School of Public Policy’s Woo Jun Jie.

Posted on 01/05/2024

Founder of Binance, World’s Largest Crypto Firm, Sentenced to Four Months

SEATTLE—Billionaire Changpeng Zhao, founder of Binance, the world’s biggest crypto exchange, was sentenced Tuesday to four months in prison, a lighter punishment than requested by prosecutors who ...

Posted on 01/05/2024

AIA Singapore on the trail of the rich with new wealth team and centre

AIA Singapore is spreading its wings with a more than S$20mil investment, so it can swoop in on a burgeoning group of affluent clients in the region who are expected to give a significant lift to its business in time to come.

Posted on 01/05/2024

1 in 3 Singapore business leaders report political risk as the biggest threat to their firms

In a time of heightened global tension... the threat of political risk and violence is high on the risk radars of global business leaders.” — Report

Posted on 30/04/2024

Asia’s first crypto ETFs debut in Hong Kong, demand remains uncertain

Hong Kong has made history as it launched Asia’s first spot Bitcoin and Ethereum exchange-traded funds (ETFs) in an event attended by major financial market players in the country. The ETFs, issued by ...

Posted on 30/04/2024

Bitcoin Set to Become More Dominant Even as BTC Stares at First Monthly Loss Since August

Bitcoin's dominance rate has risen past key level, signaling further upside, according to Fairlead Strategies.

Posted on 30/04/2024

RI, Singapore move forward with solar power export plan

President Joko “Jokowi” Widodo announced at the Leaders’ Retreat at Bogor Palace on Monday that the government would move forward with a plan to enable solar power exports to Singapore.

Posted on 30/04/2024

Singapore Regulator Ends DBS’ Six-Month Digital Banking Penalty

Singapore’s financial regulator is ending a six-month ban that restricted DBS Group Holdings Ltd. from non-essential activities, after the country’s largest lender improved weaknesses related to a series of glitches in its digital banking services.

Posted on 30/04/2024

Singapore’s Ninja Van lays off about 10% of tech team in the region

SINGAPORE: Logistics provider Ninja Van has laid off about 10 per cent of the region’s tech team. Following a recent cost evaluation, the company has determined that “less than 10 per cent of the region’s tech team is no longer required”, a Ninja ...

Posted on 30/04/2024

Hong Kong crypto ETF issuers unfazed by U.S. crackdown

As the United States ponders stricter regulations that might label Ethereum a security, Hong Kong ETF issuers aren’t breaking a sweat. They’re confident that U.S. regulatory shifts won’t rattle the ...

Posted on 30/04/2024

Singapore Employment Rises for Tenth Straight Quarter, But Labor Demand Cools

SINGAPORE--Singapore's employment rose for a tenth straight quarter, but continued losing momentum, with labor demand cooling as global economic risks persist.

Posted on 30/04/2024

Singapore awards PacificLight Power contract for fast start generating units

The two generating units will start operations in Q2 2025. The Energy Market Authority (EMA) awarded PacificLight Power Pte Ltd (PLP) the right to build, own and operate two fast-start ...

Posted on 30/04/2024

IMF keeps Singapore’s 2024 GDP growth forecast at 2.1%, trims 2025 outlook slightly

The International Monetary Fund (IMF) is keeping its 2024 growth forecast for Singapore unchanged at 2.1%, despite the country’s GDP growth coming in 0.1 percentage points (ppt) higher than its ...

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