“Singapore Remittance Market Type (Inward Remittance and Outward Remittance), Channel (Banks, Money Transfer Operators, and Others), Application (Consumption, Savings, and Investment), Mode ...
Singapore retrenchments rise in Q3, unemployment on a ‘slow uptrend’
A total of 4,100 people were retrenched in the third quarter of 2023, as compared to 3,200 in the previous quarter, says the Manpower Ministry (MOM).
Retrenchments in Singapore rose to 4,100 in 3Q2023 with majority from wholesale trade sector: MOM
The proportion of firms which indicated an intention to hire in the next three months fell to 42.8% from 58.2%.
Singapore retrenchments hit 4,100 in Q3, highest since Q4 2020
THE number of retrenchments in Singapore rebounded in the third quarter, even as the labour market expanded for eight consecutive quarters, early data from the Ministry of Manpower (MOM) showed on ...
Why building digital trust should be a business priority
Here's how TrustTech -- an emerging category of technology designed to foster trust, security, and safety online -- can help.
Hobbled Crypto Exchange’s Creditors Are Suing Its CEO and Want to Claw Back Money From ‘Bitcoin Jesus’
CoinFLEX CEO Mark Lamb breached his fiduciary duty when he created a new company, OPNX, with the founders of failed crypto hedge fund Three Arrows Capital, creditors argue. They are also critical of a ...
How to legally reduce your income tax in Singapore (2023 edition)
Yes, it is possible for many middle-income earners to legally get away with paying zero taxes…that is, if you know how to be smart about it. I was recently interviewed by Channel News Asia to share my ...
Local businesses honoured at Singapore Prestige Brand Award
TWENTY-NINE local businesses ranging from heritage names to regional players were recognised at the 21st Singapore Prestige Brand Award (SPBA) ceremony on Wednesday (Oct 25) evening. Read more at The ...
Marubeni, Tuas Power seal $9b deal for green power export to Singapore
PT Marubeni Global Indonesia has inked a memorandum of understanding (MoU) with Singapore’s Tuas Power to export green electricity to the city state. The 9$-billion project would unfold in two phases, ...
Singapore shares fall on Wednesday, STI down 0.2%
Genting Singapore was the STI’s top gainer, rising 3.6 per cent to 85.5 cents, while UOL led the losers, falling 2.9 per cent to $5.73. The local banks were mixed. DBS closed flat at $33.15, while UOB ...
Genting Singapore (SGX: G13) shares up 4% – Rival’s results boost hopes
Genting Singapore (SGX: G13) results are due in a few weeks. There’s a run up in G13 shares before that. The basis of this is that the shares of a major rival, Marina Bay Sands, have been doing well ...
J.P. Morgan targets non-US expansion with plans to bank unicorns in Singapore
Move could yield opportunities to continue banking such companies as they mature and grow. Read more at straitstimes.com.
Triple-A gets funding from Peak XV to help more businesses use crypto
Created by the founder of Thunes, global digital currency payments institution Triple-A wants to close the gap between traditional finance and blockchain-based payments with its white-label solutions ...
Singapore’s hospitality sector closes first ever investment deal of the year in Q3
It’s a deal worth over S$500m for the sale of PARKROYAL on Kitchener Road. In Q3/2023, Singapore’s hospitality sector witnessed the first transaction year-to-date, contributing S$525.0 million or 7.4% ...
Trip.com Group Holds Global Partner Summit in Singapore, Celebrates Growth and Welcomes Collaboration
Leading travel service provider Trip.com Group held its Global Partner Summit in Singapore, inviting guests from across the travel industry, including accommodation, airline and destination marketing ...
Singapore’s Sembcorp unit signs green hydrogen export deal
Sembcorp Industries on Tuesday said its unit, Sembcorp Utilities, had signed a deal to explore the feasibility of green hydrogen production in Indonesia for export to Singapore. The green hydrogen ...