Amid rising costs and slowing demand, consolidations – in the form of exits, mergers or acquisitions – could be a viable option for food delivery platforms, academics say.
Crypto lender Amber mulls potential sale of Japan subsidiary
Japan is a “very high-quality market, but regulations are strict," says Amber's managing partner Annabelle Huang.
Singapore Food Agency seizes 2 tonnes of illegally imported food, alcohol, and medicines
The Singapore Food Agency has seized about 2.2 tonnes of illegally imported food coming into the country from Vietnam. The Agency found the illegal goods following a raid at an old industrial building ...
Singapore unexpectedly leaves monetary policy unchanged as risks grow
Singapore's central bank on Friday left its monetary policy settings unchanged, reflecting the city-state's concerns about its growth outlook and surprising economists who had expected another round ...
Morning Bid: Singapore signals a peak for policy tightening
Median forecasts favour a dip of 0.4% but risks seem tilted to the downside with Goldman Sachs warning of a sharp pullback in spending following the collapse of SVB. Analysts at NatWest Markets are ...
Singapore, No. 1 in the world for best business environment, 15 consecutive years!
SINGAPORE: The Economist Intelligence Unit (EIU) reported that Singapore has retained “its position as the world’s best business environment for fifteen consecutive years” in a report on Thursday (Apr ...
Hong Kong urged to look at Singapore, Macau methods for housing migrant workers and reuse of quarantine centres
About a third of Singapore’s workforce are migrant workers – including 270,000 domestic workers. A further 415,000 overseas employees work in the construction and manufacturing sectors. “If we want to ...
GLOBAL MARKETS-Asia shares gain as Singapore stops tightening, euro climbs
Japan's Nikkei added 1.1% and Singapore stocks 0.4%. Chinese blue chips firmed 0.4%, with the economic outlook brightened by a surprisingly upbeat trade performance. "The stronger-than-expected March ...
Singapore’s central bank maintains policy settings as growth slows
The Monetary Authority of Singapore kept policy settings untouched after GDP growth missed expectations Singapore’s economy slowed in the first three months of 2023, contracting by 0.7% from the ...
Singapore’s Central Bank Unexpectedly Keeps Monetary Policy Unchanged — Update
Singapore's central bank unexpectedly kept its monetary policy stance unchanged, citing cooling core inflation and the ...
Counsellor suggests ways to boost halal product exports to Singapore
The dynamism and experience of a producing country will be advantages for Vietnamese businesses when joining the global halal market, to which Singapore is the nearest gateway, said Vietnamese Trade ...
Singapore misses GDP expectations in Q1, economy shrinks 0.7%
Singapore’s gross domestic product declined 0.7% on a quarter-over-quarter seasonally adjusted basis in the first quarter, the Ministry of Trade and Industry said in Friday’s preliminary reading.That ...
Crypto Exchange Bitrue Drained of $23M in Hack of Ether, Shiba Inu, Other Tokens
Hackers drained $23 million from a wallet belonging to Singapore-based crypto exchange Bitrue earlier today, it said in a tweet. Bitrue did not specify how the attack took place.
Singapore’s crypto lender Amber mulls potential sale of subsidiary in Japan
Crypto lender Amber Group is weighing options for its Japan unit, including a possible sale, and plans to apply for a Hong Kong licence following the city’s pivot towards creating a digital-asset hub.
Singapore still leads the way as the world’s best place to do business
Singapore has retained its position as the world’s leading business environment for the 15th consecutive year and should remain the best place to operate for the next five years, according to a ...
Singapore’s GDP growth in Q1 lower than expected
The Singaporean economy grew only 0.1% year-on-year in the first quarter of 2023, slowing from 2.1% growth in the previous quarter, according to official estimates released by the Ministry of Trade ...