Singapore Airlines' deal with Tata Sons (Tata) will inject a further SGD 360 million (USD 267 million) into Air India. It will give SIA a 25.1 per cent stake in the enlarged Air India group.
Singapore Airlines To Receive 25.1% Stake In Enlarged Air India Group
The deal will provide Singapore Airlines with a 25.1% stake in the enlarged Air India group following its takeover by Tata and merger with Vistara Airlines ...
Business receipts of service industries rise 10.9% YoY in Q422
Recreation & Personal Services had the highest growth in revenue amongst industries. Business receipts of the service industries, excluding Wholesale Trade, Retail Trade, Accommodation and Food ...
Singapore banks continue to see double-digit increases in profits – can this be sustained?
One analyst expects the growth in earnings to be “less significant” than last year due to growing funding and operating costs.
Private trustees take over bankruptcy cases in Singapore
Legal experts said this change will speed up bankruptcy cases, but warn of negative implications. Starting September, Singapore will heavily reduce the use of public resources in private debt recovery ...
Crypto Lender Vauld Gets Further Extension for Restructuring Plan
Vauld now has until March 24 to present its restructuring plan. Its existing legal protection from its creditors expires on Feb. 28.
Singapore looks to region for renewable imports, Sun Cable out for now
Singapore’s plans to import 4GW of renewable energy by 2035 are on track – but Sun Cable is no longer part of those discussions.
Chip industry doubles down on Singapore as production hub
Big Western chipmakers and related suppliers are moving to increase production in Singapore as they work to meet growth in demand in the medium to long term and spread their supply chain risks. French ...
Got FOMO? Unregulated crypto firms have you just where they want you
Crypto companies are getting away with the kind of advertising and marketing that more traditional forms of financial products can't. The practise is largely unregulated, meaning firms who have ...
Two major crypto exchanges failed to block sanctioned Russians
Two of the world’s largest crypto exchanges failed to take steps to prevent sanctioned Russian banks from using their platforms, according to a report from the blockchain analytics firm Inca Digital ...
Change lies ahead for haphazard crypto regulation
Regulators have been slow to act on cryptocurrency, and they’ve often missed the mark. Hopefully, their approach will evolve in the years ahead.
BDE Ventures Owner Brian D. Evans’ Is Appearing as Token2049 Singapore Keynote Speaker in September 2023
Token2049 Singapore has connected with Angel Investor Brian D. Evans and appointed him as a keynote speaker in the 2023 Web3 conference.Brian D. EvansToken2049 Singapore is a Web3 event organized ...
Singapore banks see fall in wealth management fees as rich clients turn cautious
Asian millionaires’ reduced risk appetite is hitting Singapore banks at a time when they are welcoming more funds than ever from the wealthy. Lenders in Singapore, which is seen as a safe haven, are ...
DBS Bank says it wasn’t positive on Singapore-based Grab, but it’s ‘more comfortable’ now
Sachin Mittal of the Singapore bank says the nature of Grab's business is a "low-margin" one. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ...
Crypto retrenchment persists with over 2,000 jobs lost in 2023
Here are some of the crypto job cuts announced or reported in just the first two months of 2023 Read more at straitstimes.com.
Singapore ride-hailing firm Grab beats on revenue, pulls forward profitability timeline
Grab expects 2023 revenue to come in between $2.20 billion and $2.30 billion. Singapore-based ride-hailing and food delivery giant Grab on Thursday posted strong revenue growth and narrowed losses in ...