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Category: BUSINESS

Posted on 22/02/2024

Commentary: As retrenchments rise in Singapore, only the paranoid will survive

Being capable, hard-working and having a long list of work achievements are no longer a guarantee for job security, says strategic communications lecturer Ian YH Tan.

Posted on 22/02/2024

Nvidia’s Hotly Anticipated Earnings May ‘Trigger’ Bitcoin and Crypto Correction, Analyst Says

The bitcoin {{BTC}} and the broader crypto rally could come to a halt if Nvidia's {{NVDA}} fourth quarter earnings fail to live up to the lofty Wall Street expectations, Singapore-based QCP Capital ...

Posted on 22/02/2024

Crypto Tycoon Do Kwon Should Be Extradited to U.S., Montenegro Court Rules

Disgraced cryptocurrency entrepreneur Do Kwon should be extradited to the U.S. to face trial on fraud charges, rather than to his native South Korea, a court in the tiny Balkan country of Montenegro ...

Posted on 22/02/2024

Beware of This New Crypto Scam: Finance Expert Loses $2.1 Million

A finance manager from Hong Kong falls prey to a crypto scam, losing over $2 million to a sophisticated fraudulent trading platform.

Posted on 22/02/2024

Business incubator expands office space in Singapore

There are now more opportunities for Chinese companies to set up shop in Singapore. A business incubator has expanded its office space and is looking to attract more in the coming year. The Suzhou ...

Posted on 21/02/2024

Navigating the Evolving Landscape of Crypto Crime

Chainalysis reports on crypto crime, highlighting a drop in illicit activities, with exceptions in ransomware and darknet market operations.

Posted on 21/02/2024

Man fined for illegally importing about 2 tonnes of meat products for sale

SINGAPORE – A man was fined $30,000 on Feb 21 for importing meat products from Thailand without a valid import licence. Ekachai Yasaeng illegally imported about two tonnes of meat products into ...

Posted on 21/02/2024

Singapore stocks fall amid mixed regional showing, STI down 0.8%

SINGAPORE – Local shares took a slide on Feb 21 in the wake ... on-year rise in net profit to $412 million for the second half of the 2023 fiscal year. THE BUSINESS TIMES Join ST's Telegram channel ...

Posted on 21/02/2024

Singapore secures exclusive ‘Eras Tour’ stop with financial support for Taylor Swift

Photo from Swift's Instagram Swift is set to perform six sold-out shows in Singapore early in March.The tourism board and culture ministry did not disclose the amount of the grant, but in a ...

Posted on 21/02/2024

CNA Explains: What’s the Gini coefficient and what does it say about inequality in Singapore?

The gap between Singapore's richest and poorest is at its smallest in more than two decades, according to the Gini coefficient.

Posted on 21/02/2024

Singapore shares took a dip on Wednesday—STI declined 0.6%

SINGAPORE: Singapore shares took a dip on Wednesday morning, following a trend of global market losses from the previous night, The Business Times reports. The Straits Times Index (STI) witnessed a ...

Posted on 21/02/2024

Bitcoin Liquidity Shifts to the US as Spot ETFs Reshape Crypto Markets

Bitcoin has become easier to trade on US crypto exchanges compared with platforms overseas, a shift in liquidity attributed to the impact of the nation’s new exchange-traded funds for the largest ...

Posted on 20/02/2024

Singapore-based VC Firm Farquhar Venture Capital Partners With TZ APAC

Singapore-based Farquhar VC has partnered with TZ APAC, Asia's leading Tezos blockchain Incubator, with plans to invest in games.

Posted on 20/02/2024

Singapore lures Taylor Swift with grant for sold-out March concerts

Singapore has awarded Taylor Swift a grant to perform in the city-state, government authorities said on Tuesday, acknowledging efforts to persuade the pop superstar to perform on the island - her only ...

Posted on 20/02/2024

KPMG: Singapore to remain attractive to businesses with QRTC scheme

Lion City’s adoption of a QRTC scheme could serve as a strategic move to cushion the impact of the new global standard ...

Posted on 20/02/2024

Singapore Airline’s Q3 net profit climbs on robust ticket sales

Net income grew 5% to US$490 million as the carrier extended its lead over regional rival Cathay Pacific Airways.

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