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Category: BUSINESS

Posted on 15/01/2023

Big business for some galleries, consolation for others at Art SG

SINGAPORE – Business was good at the Cuturi Gallery booth at Art SG. Although its booth was just 25 sq m, the local gallery sold large paintings by all five of the Singapore artists that they ...

Posted on 15/01/2023

Received parcels you never ordered? You may be a victim of ‘brushing’ in Singapore

Dr Dennis Kwek has been receiving parcels at his condominium address in Holland Village that he neither ordered nor expected.

Posted on 15/01/2023

Labuan can become the next Singapore: Labuan Corp CEO

Foreign enterprises can use Labuan as a gateway to the international market and expand their business due to its strategic location within the Brunei–Indonesia–Malaysia–P ...

Posted on 14/01/2023

Crypto.com to cut 20 per cent jobs as industry rout deepens after FTX collapse

Crypto.com said on Friday it would be reducing about 20 per cent of its workforce, as cryptocurrency exchanges face industry-wide challenges brought on by the collapse of FTX last year. The ...

Posted on 14/01/2023

Crypto.com cuts 20% of staff, citing economic hurdles and FTX collapse

Crypto.com cuts hundreds of workers in the wake of rival FTX's collapse. A lack of faith in future cryptocurrency markets has sent valuations tumbling.

Posted on 14/01/2023

Crypto.com lays off 20% of workforce after FTX collapse blunted ambitious growth

Crypto.com cut head count by 20%, another blow to an industry and company that grew explosively in the crypto boom but was unable to weather FTX's collapse.

Posted on 14/01/2023

Matt Damon-Backed Crypto.com Cuts 20% of Jobs to Address FTX Damage

Two months after the bankruptcy filing of the FTX cryptocurrency exchange and its sister company, the hedge fund and trading platform Alameda Research, the list of victims in the crypto sector grows ...

Posted on 13/01/2023

Singapore ports handle second-highest ever container throughput despite fall in global container trade

SINGAPORE’S ports handled 37.3 million twenty-foot equivalent units (TEUs) last year, just shy of the record 37.6 million TEUs they handled in 2021, according to Maritime and Port Authority of ...

Posted on 13/01/2023

Singapore crypto firm Hodlnaut’s creditors seek its liquidation

KEY creditors of embattled crypto lender Hodlnaut rejected a proposed restructuring plan and prefer to liquidate the company. Read more at The Business Times.

Posted on 13/01/2023

I flew on Singapore’s mammoth A380 in premium economy to Germany and the service was great, but the seat had one major flaw I couldn’t overlook

Singapore operates the world's second-largest fleet of A380 superjumbos, which feature four cabins – economy, premium economy, business, and first.

Posted on 13/01/2023

Crypto.com to cut 20% jobs as industry rout deepens after FTX collapse

Crypto.com said on Friday it would be reducing about 20% of its workforce, as cryptocurrency exchanges face industry-wide challenges brought on by the collapse of FTX last year.

Posted on 13/01/2023

Singapore-based Crypto.com to cut global workforce by 20%

Crypto firms collectively have shed more than 1,600 jobs in the first two weeks of 2023. Read more at straitstimes.com.

Posted on 13/01/2023

Crypto.com cuts 20% jobs amid ‘unforeseeable’ industry events

Crypto exchange Crypto.com is cutting its global workforce by 20%, it said on Friday, as it navigates ongoing economic headwinds and "unforeseeable" industry events. This is the second major layoff at ...

Posted on 13/01/2023

Crypto.com cuts global workforce as industry’s woes deepen

SINGAPORE: Digital asset exchange Crypto.com is reducing its global workforce by about 20%, the latest retrenchment in the sector following a collapse in virtual-coin prices. Kris Marszalek, the ...

Posted on 13/01/2023

2 arrested, over 3,400 cartons of duty-unpaid cigarettes seized by S’pore Customs

The total duty evaded was more than $360,000, while the GST evaded was over $32,000. Read more at straitstimes.com.

Posted on 13/01/2023

First digital trade deal between Singapore, South Korea to come into effect on Jan 14

THE Korea-Singapore Digital Partnership Agreement (KSDPA), the first digital trade deal between the two countries, is slated to come into effect on Saturday (Jan 14). Read more at The Business Times.

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