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Category: BUSINESS

Posted on 17/01/2023

Singapore exports set to contract further amid weak demand: economists

SINGAPORE’S key exports are expected to contract further in the coming months amid weakening global demand conditions, and may only start to see improvements in the second half of the year, economists ...

Posted on 17/01/2023

Ailing Singapore crypto firm Vauld gets more time to restructure

A SINGAPORE court has extended the creditor protection period for crypto lender Vauld to Feb 28, as the company has yet to come up with a revival plan, said a source familiar with the matter. Vauld is ...

Posted on 17/01/2023

Chinese travelers are returning to Singapore, but a full recovery is not expected this year

"I welcome that competition. I think it is good, and I'm glad that Hong Kong is back in business ... but that also means that we have to work harder at securing a good set of events and investments ...

Posted on 17/01/2023

‘Ugly’ food gaining acceptance in Singapore but more education needed, businesses say

As Singapore works towards waste reduction targets, the rejection of imperfect food for cosmetic reasons remains a challenge.

Posted on 17/01/2023

Singapore Exports Slump 20.6% On Weaker Demand

Singapore's non-oil exports declined for the third straight month in December, and at a faster-than-expected pace, amid sharp falls ...

Posted on 17/01/2023

Founders of failed crypto fund Three Arrows Capital looking to raise $33m for new venture

The two men behind bankrupt Three Arrows Capital (3AC) are looking for funding to stage a comeback, six months after their cryptocurrency hedge fund collapsed. Read more at straitstimes.com.

Posted on 17/01/2023

Founders of bankrupt Three Arrows Capital pitch new platform for crypto debt claims

The co-founders of the now-liquidated crypto hedge fund Three Arrows Capital are pitching a new company focused on digital currency bankruptcy claims. Kyle Davies and Su Zhu, both founders of defunct ...

Posted on 17/01/2023

Singapore’s Dec non-oil domestic exports fall 20.6% yoy

Singapore's non-oil domestic exports (NODX) declined 20.6% year-on-year in December 2022, led by drops in both electronics and non-electronic products. On a month-on-month seasonally adjusted basis, ...

Posted on 17/01/2023

Singapore’s non-oil exports fall 20.6% in December; third straight month of decline

SINGAPORE: Singapore's non-oil domestic exports (NODX) fell for the third straight month in December due to weak global demand.  NODX fell by 20.6 per cent year on year in December from a high base a ...

Posted on 17/01/2023

What are the top challenges faced by businesses in Singapore?

Despite these challenges, 80% of them remain confident in the resiliency of their operations. Manpower challenges remain the top issue concerning businesses in Singapore, data from the Singapore ...

Posted on 17/01/2023

Singapore exports down 20.6% in December in third straight month of contraction

SINGAPORE’S non-oil domestic exports (NODX) contracted again in December, dragged by declines in non-electronic shipments and declining deliveries to most of the Republic’s top 10 key markets, data ...

Posted on 17/01/2023

Singapore non-oil exports fall 20.6% in December, worse than expected

Both electronics and non-electronics shipments fell by double digits as key exports shrank for the third straight month. Read more at straitstimes.com.

Posted on 17/01/2023

Founders of Three Arrows Capital pitch platform for crypto bankruptcy claims

The co-founders of the now-liquidated crypto hedge fund Three Arrows Capital are pitching a new platform focused on digital currency bankruptcy claims. Kyle Davies and Su Zhu, both founders of Three ...

Posted on 17/01/2023

Would you buy ‘ugly’ food? Many Singapore consumers won’t, businesses say

As Singapore works towards waste reduction targets, the rejection of imperfect food for cosmetic reasons remains a challenge.

Posted on 17/01/2023

A Large Crypto Market Maker Is Already Distancing Itself From New 3AC Venture

The co-founders of bankrupt 3AC think they can 'dominate' the crypto claims market, eventually 'fill the power vaccum left by FTX'.

Posted on 16/01/2023

Singapore, Uzbekistan to further cooperation in areas such as food security, digitalisation

Gan made the announcement at the Singapore-Uzbekistan Business Forum, co-organised by the Singapore Business Federation (SBF) and the Embassy of the Republic of Uzbekistan. At the event, 18 MOUs were ...

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