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Category: BUSINESS

Posted on 20/06/2023

Singapore’s Grab cuts 1,000 jobs, or 11% of workforce

SINGAPORE: Singapore-based Grab Holdings, Southeast Asia's leading ride-hailing and food delivery app, is cutting 1,000 jobs or 11 per cent of its workforce, its CEO said on Tuesd ...

Posted on 20/06/2023

Singapore’s Grab informs staff of 1,000 layoffs

SINGAPORE, June 20 (Reuters ... were not "a shortcut to profitability" but a strategic reorganisation to adapt to a fast-changing business environment. Reporting by Xinghui Kok; Editing by Martin ...

Posted on 20/06/2023

Singapore’s defence spending forecast to top $16bn by 2028

The small city state is undergoing an extensive modernisation of its military across the land, sea, and air domains.

Posted on 20/06/2023

10 Top Online Live Casino Singapore 2023 | Trusted & Legit 96Ace 296% Bonus Free Credit

We have chosen the 10 top online live casino Singapore out there for you. They provide live casino games as an alternative to the traditional table games provided by online casinos.

Posted on 20/06/2023

Singapore tops list of costliest cities for goods, services aimed at the wealthy

Cars and essential health insurance in Singapore are 133% and 109% more expensive than the global average, among 12 consumer goods and eight services that reflect the spending patterns of ...

Posted on 20/06/2023

Crypto.com rejects accusations of propriety trading, citing risk-neutral operations

Rather, the Singapore-based crypto exchange clarified that this unit progressively enhances order book liquidity while reducing spreads. Based on the explanation, this approach helps the company ...

Posted on 20/06/2023

Crypto.com Is Trading on Its Own Exchange, Insists That’s Totally Fine

Crypto.com has some of its team trading tokens for profit, according to a newspaper report today. The Financial Times reported Monday that the Singapore-based cryptocurrency exchange operates ...

Posted on 19/06/2023

Sailors from Singapore join Dragon Boat activities

Members of the Singapore national sailing team learn the Xiepu Boat Drum, a folk art celebrating fishermen's harvest, in Shiqifang village of Ningbo, Zhejiang province, on Wednesday. [Photo provided ...

Posted on 19/06/2023

Singapore battles technical recession risks as GDP slated to contract in Q2

The Lion City’s non-oil domestic exports (NODX) is expected to contract further in the third quarter of 2023 but make a recovery in the last three months of the year. RHB now expects full-year NODX to ...

Posted on 19/06/2023

How Singapore’s Job Slowdown May Impact Non-Resident Indians There

Singapore reported some weak economic numbers raising fears of a recession. Annual exports fell for the eighth consecutive month while total employment expanded at a slower rate, retrenchments rose, a ...

Posted on 19/06/2023

Luxury gourmet lifestyle group explains why it chose Singapore for Bacha Coffee’s flagship store

Taha Bouqdib, CEO and president of V3 Gourmet, which owns Bacha Coffee, says having a flagship store in Singapore makes it easy to do business in larger markets like Malaysia, Indonesia and China.

Posted on 19/06/2023

SMRT to expand rail business overseas while planning local private-hire industry growth

Transport operator SMRT Corporation has unveiled plans to expand its rail business outside of Singapore and is also looking towards the private-hire industry for growth from the merger of SMRT’s taxi ...

Posted on 19/06/2023

Singapore Bourse May See Profit Taking On Monday

The Singapore stock market has climbed higher in three straight sessions, collecting more than 70 points or 2.2 percent along the ...

Posted on 19/06/2023

How Singapore’s job slowdown may impact non-resident Indians in city-state

Last week, Singapore reported some weak economic numbers raising fears of a recession. Annual exports fell for the eighth consecutive month while total employment expanded at a slower rate, ...

Posted on 19/06/2023

Sygnum Singapore Obtains In-Principle Approval of Major Payment Institution License from MAS

The expanded Singapore offering includes regulated crypto brokerage service. It marks the latest expansion of Sygnum Singapore’s regulated activities “following the three-part Capital Markets Licence ...

Posted on 18/06/2023

Worth the hassle? Massive crowd seen at Johor customs ahead of Father’s Day weekend

TGIF, right?But it looked like quite a number of people in Singapore had the same plan of heading to Malaysia on Friday (June 16).Unfortunately, they found themselves ...

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