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Category: BUSINESS

Posted on 11/05/2023

Singapore stocks end lower on Thursday despite Wall Street gains

SINGAPORE – Wall Street stocks were largely up overnight ... and UOB declined 0.5 per cent to $27.98. THE BUSINESS TIMES Join ST's Telegram channel and get the latest breaking news delivered to you.

Posted on 11/05/2023

Life insurance sales in Singapore down 13.6% in Q1 as economy slows

About 40,000 more Singaporeans and PRs were covered by Integrated Shield Plans. Read more at straitstimes.com.

Posted on 11/05/2023

Singapore’s UOB bets on Thailand, Vietnam in ASEAN growth surge

The bank on Thursday said its completion of the merger with Citi's consumer banking arms in Malaysia, Thailand and Vietnam had boosted its regional customer count from 5 million to over 7 million as ...

Posted on 10/05/2023

Pulau Bulan’s live pig exports to Singapore could take a year to resume: SFA

The Singapore Food Agency (SFA) said this in a Facebook post on Tuesday, in an update after Singapore detected African swine fever in a consignment of pigs from Pulau Bulan on April 19, and stopped ...

Posted on 10/05/2023

Three Arrows Founder Su Zhu Obtains Singapore Restraining Order Against Arthur Hayes Over ‘Harassment’

Hayes has been tweeting at the founder of the collapsed crypto fund to return some $6 million he says he's owed.

Posted on 10/05/2023

Hong Kong Warns ‘Regulations Will Be Tight’ As It Opens Doors To Crypto Companies In June

Hong Kong has had very tight cryptocurrency regulations over the past few years, but these have reportedly been reduced to a much lower, "reasonable and sustainable level.

Posted on 10/05/2023

Singapore stocks flat amid cautious trading on inflation concerns

Local shares closed largely flat on Wednesday after wary local investors kept their powder dry ahead of United States inflation data. Read more at straitstimes.com.

Posted on 10/05/2023

PayBito Launches Crypto Broker Program for Entrepreneurs to Make Money From Home

A PayBito-associated crypto broker from Singapore says, "I'm making money from home and living a life free of EMIs." Brokering World Hunger Away While Making Money From Home: A PayBito-associated ...

Posted on 10/05/2023

Govt lifts RE export ban, details yet to be ironed out

The government is lifting an 18-month ban on renewable energy (RE) exports — a move to allow the country to tap the rising demand in Singapore and subsequently accelerate local RE generation capacity.

Posted on 10/05/2023

Singapore bank OCBC posts record Q1 profit, beats expectations

SINGAPORE: Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) reported on Wednesday (May 10) a better-than-expected 39 per cent jump in first-quarter profit from a year earlier on ...

Posted on 10/05/2023

Chinese Exports Cool in Latest Warning Sign on Global Trade

The global slowdown means trade is unlikely to play such a pivotal role in driving China’s economy as it did during the first years of the pandemic.

Posted on 09/05/2023

Singapore retail vacancy rates rise for the first time in almost a year

The retail vacancy rate hit 7.6% in Q1. According to a JLL report, URA’s statistics signalled that retailers and investors continue to err on the side of caution amid macroeconomic headwinds ...

Posted on 09/05/2023

Singapore: Jail for tycoon Peter Lim’s former son-in-law for offences linked to illegal gambling activities

Billionaire Peter Lim’s former son-in-law, Kho Bin Kai, will be spending time behind bars after he pleaded guilty to multiple offences including those involving a syndicate linked to illegal gambling ...

Posted on 09/05/2023

Tenity Launches XRPL Accelerator in Singapore for Early-Stage Blockchain, Crypto Startups

Tenity announced that it has become a programme partner of the XRPL Accelerator in Asia Pacific with the launch of a Singapore-based cohort.

Posted on 09/05/2023

WhatsApp now allows Singapore-based users to pay businesses within the app

After India and Brazil, WhatsApp is launching the ability to pay businesses within a chat in Singapore. Meta has partnered with Stripe to roll out the feature in the region. WhatsApp has built this ...

Posted on 09/05/2023

Crypto Options Liquidity Provider OrBit Markets Offers Bitcoin and Gold-Hybrid Derivative

Orbit Markets, an institutional liquidity provider of crypto options, is rolling out the first bitcoin ... XAUT or bitcoin as designated by OrBit, the Singapore-based company said. In its statement, ...

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