Singapore saw a sharp rise in scam losses last year, with victims losing a record S$1.1 billion, the highest-ever total recorded. It is a more than 70 per cent rise in losses from 2023. Police also ...
Scam losses surge to S$1.1 billion in 2024, with crypto-related cases making up a quarter
THE TOTAL amount of money lost to scams surged 70.6 per cent to at least S$1.1 billion in 2024, from S$651.8 million in 2023, said the Singapore Police Force. Read more at The Business Times.
Singapore shares in the red as regional indexes fall; STI retreats 0.3%
Key regional indexes declined across the board. Hong Kong’s Hang Seng Index was down 1.3 per cent and Japan’s Nikkei 225 retreated 1.4 per cent. South Korea’s Kospi Composite Index lost 0.6 per cent.
SingPost could see special dividend from sale of Australian business, sale of property
SingPost may distribute special dividend, with stock fairly valued as it is unlikely to be lifted by property revaluation, unless SingPost Centre is divested.
Bybit Promises up to $140,000,000 Bounty To Hunt Down Perpetrators of ‘Largest Heist’ in Crypto History
The Singapore-based crypto exchange Bybit is offering a large bounty for information that could lead to the recovery of the funds that were stolen in a major hack.
SingPost could see special dividend from sale of Australian business
SingPost may distribute special dividend, with stock fairly valued as it is unlikely to be lifted by property revaluation, unless SingPost Centre is divested ...
Gold Market Ructions Drive Singapore Exports to the US
Gold shipments from Singapore to the US climbed to the highest level in almost three years in January, a further sign of the ructions in bullion trading after pricing disparities opened up in key ...
The Business Times’ post-Budget dialogue on business resilience to be held on Mar 18
THE Business Times is organising a post-Budget dialogue to delve into the latest business-related measures announced by Prime Minister Lawrence Wong, who is also finance minister, and discuss how ...
Robinhood rides Trump wave to expand crypto business – report
Robinhood Market (NASDAQ:HOOD) is leveraging a crypto-friendly Trump administration to expand its crypto offerings into areas like tokenization and other opportunities beyond traditional brokerage -- ...
Saudi Arabia’s Salic to buy Olam Agri business from Singapore parent
Saudi Agricultural and Livestock Investment Company (Salic) has agreed to acquire a 44.58% stake in Olam Agri Holdings, the agricultural products unit of Singapore’s Olam Group, for $1.78bn. Post the ...
Singapore shares slide after MAS unveils stock market measures; STI down 0.1%
The Singapore Exchange (SGX) was the next-highest gainer on the STI. It rose 3.9 per cent or 50 cents to $13.30, buoyed by investors’ positive sentiment towards MAS’ initiatives.
Singapore’s 50% tax rebate aims to drive productivity, global growth
This broad-based support allows SMEs and companies not making a profit to benefit. The 50% Corporate Income Tax (CIT) rebate for the Year of Assessment (YA) 2025 demonstrates the government’s ...
Hong Kong, Singapore lead drive to cash in on crypto boom
Hong Kong and Singapore are the front-runners in a push by Asian governments to become cryptocurrency hubs as they look to capitalise on the global resurgence of the sector thanks to the support of US ...
Olam Sells Remaining Stake in Agri Products Business to Saudi Arabia’s Salic
The Singapore-based company expects to raise $2.58 billion from the sale of its remaining stake in its agricultural products business to Saudi Agricultural and Livestock Investment Company.
Singapore and Hong Kong lead Asia’s drive to cash in on crypto boom
Singapore and Hong Kong are the front-runners in a push by Asian governments to become cryptocurrency hubs as they look to capitalise on the global resurgence of the sector thanks to the support of US ...
Robinhood to Introduce Crypto Products in Singapore This Year: Bloomberg
Trading platform Robinhood (HOOD) plans to introduce crypto products in Singapore this year pending the completion of its purchase of crypto exchange Bitstamp, Bloomberg reported on Tuesday. Robinhood ...