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Category: BUSINESS

Posted on 08/12/2022

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.

Posted on 08/12/2022

Clearer ‘two–sided economy’ in Singapore expected in 2023: Maybank

Economic growth will likely decelerate to 1.5% next year. Manufacturing will shrink whilst tourism and consumer-facing sectors will grow “at a healthy pace,” making Singapore posting a “two-sided ...

Posted on 08/12/2022

Glencore asks Russian court to halt Sberbank’s 117m-euro claim, move hearings to Singapore

Russia's largest lender is seeking to recover debt and penalties from Glencore Energy UK Ltd over two agreements.

Posted on 07/12/2022

Singapore Looking to Install Smarter Crypto Regulations

The nation's monetary authority has advised that they are adopting a risk-focused approach to digital assets, minimizing the risks regarding digital assets, while still facilitating innovation in the ...

Posted on 07/12/2022

Finexpo’s Blockchain Fest Singapore 2023 to kick off on Feb. 16 and 17

Finexpo is proud to bring Blockchain Fest 2023 to Marina Bay Sands Convention Center, Singapore, one of the biggest venues in the city-state ...

Posted on 07/12/2022

Young, crypto-hungry investors are shaping the digital assets class

Leading the way is an upstart segment of young investors — digital natives who will go on to shape the future of finance. New research into the attitudes of high-net-worth investors towards digital ...

Posted on 07/12/2022

China’s Nov crude oil, natural gas imports at 10-mth high -customs

China's imports of both crude oil and natural gas reached their highest levels in November since January this year, customs data showed on Wednesday.

Posted on 07/12/2022

UPDATE 1-China’s Nov coal imports rise on stockpiling for winter

China's coal imports rose in November from the prior month as utilities replenished stockpiles to brace for the winter heating season, when tens of millions of homes rely on coal-fired systems for ...

Posted on 07/12/2022

Hiring in the Singapore marketing industry in 2023: Know the facts

While in 2023, there will be a focus on hiring local talent for most roles and a bigger focus on diversity and inclusion in hiring.

Posted on 07/12/2022

Singapore digital banks face long road to success

Singapore’s digital banks are mostly up and running, but newcomers face plenty of challenges in trying to establish a secure foothold in the financial sector, say observers.

Posted on 07/12/2022

Customers Of Crypto Billionaires Winklevoss’ Gemini Plead For Lost Funds

The Winklevoss twins promised “real return” for Gemini users who signed onto their lending program. Now customers are owed $900 million as the contagion that began with the collapse of Sam ...

Posted on 07/12/2022

Temasek-backed crypto group Amber says ‘business as usual’ amid staff cuts

SINGAPORE - Temasek-backed digital asset trading platform Amber Group says it is “business as usual”, even as it reportedly moves to cut headcount while raising funds amid the fallout of crypto ...

Posted on 06/12/2022

Singapore Tourism Market Size Predictions : US$ 39.9 Billion by 2032 | FMI

The global singapore tourism market is projected to garner a revenue of US$ 27 billion in 2022, surpassing US$ 39.9 billion by 2032, advancing at a CAGR of 4% during the forecast period (2022-2032).

Posted on 06/12/2022

Singapore’s first energy positive industrial building opens in Kranji

SINGAPORE - Home-grown engineering and construction firm Samwoh opened its new headquarters in Kranji on Tuesday, featuring the nation’s first positive energy industrial building. Read more at ...

Posted on 06/12/2022

Crypto Assets Enter the PPSK Bill. What are the Implications and Influences for Industry’s Stability?

The PPSK Bill is designed in the Omnibus Law concept which integrates around 16 laws in the financial sector. Crypto assets are proposed to be one of the sectors included in the PPSK Bill as part of ...

Posted on 06/12/2022

Singapore calls for proposals to develop zero-carbon ammonia bunkering

Port Authority of Singapore says the move will support the development of the safety standards, regulations and the ecosystem needed ...

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