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Category: BUSINESS

Posted on 28/03/2024

More Gen Z and boomers in Singapore buying into crypto: Poll

Crypto adoption among Generation Z, or those aged 18 to 25, has grown to 47 per cent in 2024 from 38 per cent in 2021. The take-up by boomers – those aged over 55 – has risen to 30 per cent from 19 ...

Posted on 27/03/2024

Crypto Hit by $63 Million Hack of ‘Munchables’ Game in One of Year’s Biggest Exploits

The crypto sector suffered one of its biggest security incidents this year after a hacker swiped $63 million from a blockchain-based game.

Posted on 27/03/2024

Crypto scams and fraud down in 2023 but online sales of illicit drugs up, says report

Data compiled by blockchain intelligence firm TRM Labs on March 27 showed that total global payments into addresses connected to fraud or scams dropped to US$12.5 billion (S$16.8 billion) in 2023 from ...

Posted on 27/03/2024

Singapore companies can benefit from Indonesia’s tech, energy sectors, ministers say

Mr Airlangga was speaking on the sidelines of the Indonesia-Singapore Business Forum held at Hilton Singapore on March 27. The event was organised by Enterprise Singapore, the Embassy of the Republic ...

Posted on 27/03/2024

The Rise Of Crypto’s Billion Dollar Zombies

With bitcoin soaring once again, Blockchains are suddenly much more valuable. More than 50 of them are now worth over $1 billion— despite many having few users.

Posted on 27/03/2024

Singapore stocks close higher on March 27; STI up 0.6%

The positive sentiment here left the Straits Times Index (STI) ahead 0.6 per cent or 18.38 points to 3,251.71 with gainers just outpacing losers 289 to 270 on solid trade of 1.4 billion shares worth ...

Posted on 27/03/2024

Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms

Bitdeer Technologies is in discussions with private credit firms to secure $100m in financing to expand its Bitcoin mining capacity.

Posted on 27/03/2024

Singapore Prime Office Rents Jump to Highest Since 2008

Office rents in Singapore reached a 15-year high in the first quarter, defying the commercial property slump plaguing other major financial hubs.

Posted on 27/03/2024

Singapore’s anti-scam efforts are a model for tackling ‘epidemic’ of transnational organised crime: Interpol chief

IN THE current “epidemic” of transnational organised crime, Singapore’s anti-scam efforts can serve as a model for other countries to emulate, ...

Posted on 27/03/2024

Many more Singapore small businesses expect to grow and innovate this year

Small businesses in Singapore are gearing up for a promising year of growth and innovation, according to a new survey by global professional accounting body CPA Australia.

Posted on 27/03/2024

A Step-By-Step Guide On How To File Your Income Tax In Singapore For First-Timers

Here's a comprehensive guide on how to file your taxes, who needs to file them, how to make payments, and how to reduce the amount.

Posted on 27/03/2024

Singapore inflation rises to 3.4% in February, higher than expected

SINGAPORE: The country’s central bank, the Monetary Authority of Singapore (MAS), released its Consumer Price... The post Singapore inflation rises to 3.4% in February, higher than expected appeared f ...

Posted on 27/03/2024

Tokyo’s Sézanne wins the best restaurant in Asia; Singapore excels with 9 in the top 50

THE best restaurant in Asia is Sézanne in Tokyo, according to this year’s Asia’s 50 Best Restaurants list, announced in Seoul on Tuesday (Mar 26) night. Read more at The Business Times.

Posted on 26/03/2024

Bitcoin Remains Steady Over $70K: Crypto Traders Dismiss Waning ETF Inflows

Grayscale’s GBTC product saw significant outflows last week,  though inflows into other ETFs did not increase at the same rate, temporarily raising fears of a spot-driven selloff. TakeAway Points: ...

Posted on 26/03/2024

Terraform Labs founder Do Kwon built ‘house of cards,’ SEC lawyer says at crypto fraud trial

Terraform Labs and its founder Do Kwon built a “house of cards” and lied to investors about the stability of a cryptocurrency whose collapse rippled through markets in 2022, ...

Posted on 26/03/2024

Singapore stocks opened with minimal movement on Tuesday—STI up 0.04%

SINGAPORE: Singapore stocks opened with minimal movement on Tuesday morning following data showing higher-than-expected inflation... The post Singapore stocks opened with minimal movement on ...

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