Mazars released the study for Crypto.com on Friday. Earlier this week, Mazars also said that Binance, the world’s biggest crypto exchange, held enough Bitcoin needed to cover customer deposi “It is ...
Chelsea reportedly loses $25 million crypto sponsorship deal as FTX’s collapse hammers other platforms
Crypto lender Amber's is dropping the soccer club in a cost-cutting push, Bloomberg reported, as FTX's collapse sends digital asset companies reeling.
Rush for Singapore government securities means it now takes 20 business days to open a CDP account
Account applications exceeded 19,000 in November – a 60 per cent increase from August. Read more at straitstimes.com.
Singapore welcomes back travellers and business events
Singapore welcomed back travellers with no quarantine and testing requirements. All international MICE travellers are now being invited back to the Southeast Asian economic powerhouse, the perfect ...
Temasek-backed crypto group Amber to end Chelsea FC sponsorship, axe over 40% of jobs in FTX fallout
The Singapore-based crypto company, whose backers include Temasek and Sequoia China, will slash its workforce to less than 400 from about 700, the source said, adding that staff numbers earlier peaked ...
Pakistan, S’pore eyeing increase in exports of food and agricultural products
SINGAPORE - Pakistan and Singapore are looking forward to increasing exports in food and agricultural products, the two countries’ foreign ministers said in a meeting on Friday. Read more at ...
Crypto Trading Firm Amber Group Ditches $25M Chelsea Sponsorship Deal Amid Layoffs: Report
Singapore-based cryptocurrency trading firm Amber Group is terminating a $25 million sponsorship deal with football club Chelsea FC, according to a Bloomberg report, citing a source. Amber Group, ...
Singapore’s Tiger Beer wants to keep reinventing beer, even as it turns 90
We are very passionate about making beer interesting and adding variety,” says Mr Andy Hewson, managing director of Asia Pacific Breweries Singapore which produces Tiger Beer.
Singapore’s Beach Road murder: Man who allegedly killed business partner remanded for psychiatric evaluation
A 50-year-old man, who fled to Malaysia after allegedly murdering his 27-year-old business partner, will be remanded for psychiatric observation.
3 incredible launch campaigns in Singapore that drove results
With marketing tools at brands' disposal, the year showcased some incredibly creative, unique and effective launch or relaunch campaigns. MARKETING-INTERACTIVE turned to our results for Marketing ...
Beach Road murder: Man who allegedly killed business partner remanded for psychiatric evaluation
A 50-year-old man, who fled to Malaysia after allegedly murdering his 27-year-old business partner, will be remanded for psychiatric observation.
Temasek-backed crypto shop Amber halts expansion plans in rocky market
Amber Group has raised just half of a planned $100mn funding round and halted expansion plans as the Temasek-backed crypto group fights concerns that it will be pulled into the market turmoil sparked ...
China’s long-awaited reopening will be a double-edged sword for Singapore economy
Chinese consumers on a shopping spree could reignite global inflation, which has only begun to show signs of peaking. Read more at straitstimes.com.
Singapore fuel oil stocks rise for second straight week
Onshore fuel oil stocks added 2% to 20.31 million barrels (3.20 million tonnes) during the week ended Dec. 7, rising to a three-week high, Enterprise Singapore data showed. The build in weekly ...
Hunted by liquidators, ex-bosses of Singapore-based bankrupt crypto firm point fingers at FTX
The liquidators are urging the founders of the SG-based bankrupt crypto hedge fund to practise what it preached to the former CEO of FTX, that he make transparent disclosure on the collapse of his ...
Crypto Firm Amber Cuts Staff, Pauses Fundraising in FTX Fallout
Amber Group has continued to lay off staff and put a funding round on hold amid turmoil in the digital-asset sector.