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Category: BUSINESS

Posted on 11/01/2023

Olam’s Saudi-Singapore IPO sign of shifting times

Signs of deepening ties between Asia and the oil-rich Gulf are coming thick and fast. A planned Saudi Arabia-Singapore dual listing this year for Olam Agri, a trader of grains and seeds, is the latest ...

Posted on 11/01/2023

A $21 Billion Project to Power Singapore Enters Administration

One of Australia’s most ambitious renewable energy projects has entered into voluntary administration after shareholders couldn’t come to a consensus on the future direction and funding of the plan to ...

Posted on 10/01/2023

Making the digital Singapore dollar more accessible: What MAS learnt from early experience

MAS is exploring using the currency, called purpose-bound money, for children to spend their digital pocket money at their school's bookstore and canteen, for instance.

Posted on 10/01/2023

How Crypto’s Meltdown Changed the Regulatory Debate

It’s harder to argue that your parents should leave you alone when you’ve just smashed up the car. As digital assets lost more than $2 trillion in value and a string of prominent ventures blew up in ...

Posted on 10/01/2023

Singapore minister: Imposing country-specific measures not effective to prevent Covid-19 infection waves, ‘best defence’ is vaccination

Imposing country-specific measures is not the right path to preventing Covid-19 infection waves since new waves and variants can emerge from any part ...

Posted on 10/01/2023

Commentary: Poorly executed layoffs aren’t good business sense

Could more layoffs be coming amid economic uncertainty, even a possible recession? Twitter’s mess shows badly executed retrenchments can hurt companies, say HR leaders Aslam Sardar and Carmen Wee.

Posted on 10/01/2023

Singapore jails Indonesian man who said he viewed child porn because he was ‘bored’

Randy Rosigit claimed he began looking at pornography more frequently, including child abuse material while bored at home for long periods during Covid lockdowns.

Posted on 10/01/2023

Singapore to ‘carefully restore’ air connectivity with China amidst Covid-concern

Read more about Singapore to 'carefully restore' air connectivity with China amidst Covid-concern on Devdiscourse ...

Posted on 10/01/2023

HK reopening could push GDP above Singapore’s

Economists are upgrading their forecasts for Hong Kong this year as the city accelerates its reopening with China and the rest of the world. The median estimate in a Bloomberg survey of 12 economists ...

Posted on 10/01/2023

Rhys Taylor Joins VMLY&R as Managing Director Singapore

Global brand and customer experience agency VMLY&R has appointed Rhys Taylor as its new managing director for Singapore. In his new role, Rhys will oversee sales, account management and revenue ...

Posted on 09/01/2023

China issues second set of 2023 oil import quotas, up from 2022

China issued a second batch of 2023 crude oil import quotas, according to two sources with knowledge of the matter and documents reviewed by Reuters on Monday, raising the total for this year by 20% ...

Posted on 09/01/2023

Why isn’t Singapore imposing Covid-19 tests for travellers from China?

SINGAPORE - China resumed outbound leisure travel from Sunday (Jan 8), and removed quarantine requirements for returning travellers.In reaction, some countries are conducting polymerase chain reaction ...

Posted on 09/01/2023

Ministerial statement: Ong Ye Kung on Singapore’s response to the current global COVID-19 situation

The Government is “acutely aware” of public concerns surrounding potential COVID-19 risks posed by China’s reopening on 8 January, said Health Minister Ong Ye Kung. In a ministerial statement to ...

Posted on 09/01/2023

Singapore’s Covid-19 measures have kept cases from China low; changes to travel volume to be ‘carefully’ calibrated

SINGAPORE’S Covid-19 measures have already kept imported infections and severe cases from China low despite the latter’s current wave, said Health Minister Ong Ye Kung in Parliament on Monday (Jan 9), ...

Posted on 09/01/2023

Crypto exchange Huobi to lay off 20pc of staff

SINGAPORE: Crypto exchange Huobi plans to lay off about 20% of its staff, the company told Reuters on Friday. “The planned layoff ratio is about 20%, but it is not implemented now. With the current ...

Posted on 09/01/2023

Hong Kong’s reopening is likely to push GDP growth above Singapore’s

AFTER a near-certain contraction last year for the third time since 2019, Hong Kong’s economy is coming back stronger this year and may even grow faster than rival financial hub Singapore for the ...

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