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Category: BUSINESS

Posted on 27/08/2024

The Crypto Bull Market Has Created 88K New Millionaires in 2024: Henley Global

Six new crypto billionaires were also created, five of which held bitcoin. Singapore continues to be the "premier crypto hub." The recent cryptocurrency bull market has created more than 88,000 new ...

Posted on 27/08/2024

4 Singapore Blue-Chip Stocks You Can Buy for Growth and Peace of Mind

Genting Singapore is the owner and operator of the integrated resort ... Net profit improved by 29% year on year to S$356.9 million. The business also generated a positive free cash flow of S$261.2 ...

Posted on 27/08/2024

Man in Singapore accused of buying 28,000 gold bars worth over S$1.5 billion with ill-gotten gains

Kim Taek Hoon, 63, allegedly used the money to buy nearly 28,000 gold bars, each weighing 1kg. He is also accused of cheating the Singapore Customs and three logistics companies here during the period ...

Posted on 27/08/2024

Tycoon Lim Chap Huat, Blackstone Sell Singapore Properties To Warburg-Backed JV For $1.2 Billion

The transaction—which is set to be the largest private industrial real estate deal in Singapore this year—comprises the acquisition of 4.5 million square feet of business park space and industrial ...

Posted on 27/08/2024

Bitcoin rally helps create more than 84,000 new crypto billionaires in a year

Henley created a "Crypto Adoption Index," ranking countries according to their tax and regulatory approach to crypto. Singapore ranks first on the index, due to its "supportive banking system, ...

Posted on 27/08/2024

Warburg Pincus, Lendlease venture buys Singapore industrial assets for $1.6 billion

SINGAPORE - Lendlease and US private equity giant Warburg ... The assets, spanning a total gross floor area of 4.5 million square feet, belonged to the Soilbuild Business Space Reit, which was ...

Posted on 27/08/2024

Daily Cuts – Close to half in Singapore say they’ll never achieve financial freedom: Survey

Residents in Singapore's Holland and Bukit Timah area have been on heightened ... How Ivy Zerbel Lim's rough past fuels her self-belief and business success At 29, Ivy Zerbel Lim is a successful ...

Posted on 27/08/2024

B Lab Singapore ‘evaluating best team structure’ after latest staff exit

B Lab Singapore’s head of business development and partnerships has quit after four months in the role, the latest in a series of key staff departures, despite a management restructure early this year ...

Posted on 27/08/2024

Singapore’s SeaTown raises $1.3 bln for second private credit fund

Aug 27 (Reuters) - Singapore-based alternative investment firm SeaTown Holdings International on Tuesday said it has raised more than $1.3 billion for its second private credit fund from limited ...

Posted on 27/08/2024

Singapore and India add semiconductors, air connectivity to high-level ministerial discussions

The Indian ministers were also hosted to lunch by President Tharman Shanmugaratnam. The second India-Singapore Business Roundtable, which was held in parallel with the ministers’ dialogue, was ...

Posted on 27/08/2024

Token2049 Singapore sold out: Limited tickets left for world’s largest Web3 event with 20,000+ attendees

We look forward to welcoming the global crypto community to Singapore next month for our most dynamic and immersive TOKEN2049 experience yet.” Renowned angel investor and entrepreneur Balaji ...

Posted on 27/08/2024

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

Toncoin slid more than 20 per cent after the app’s billionaire co-founder was taken into custody. Read more at straitstimes.com.

Posted on 27/08/2024

Bitcoin Popularity Surges in Singapore: Latest Trends in Digital Finance

Introduction to the Bitcoin Boom in Singapore Recent years have seen Singapore become a very important place for activities related to cryptocurrencies, with Bitcoin in the lead. This island nation is famous for its progressive financial policies and strong technological infrastructure.

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.

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