The Winklevoss twins promised “real return” for Gemini users who signed onto their lending program. Now customers are owed $900 million as the contagion that began with the collapse of Sam ...
Temasek-backed crypto group Amber says ‘business as usual’ amid staff cuts
SINGAPORE - Temasek-backed digital asset trading platform Amber Group says it is “business as usual”, even as it reportedly moves to cut headcount while raising funds amid the fallout of crypto ...
Singapore Tourism Market Size Predictions : US$ 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).
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 ...
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 ...
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 ...
Singapore exports grow by 7.7% in March as gold shipments lift trade
KEY Singapore exports rose for the 16th straight month in March, helped by a surge in gold, according to data from trade agency Enterprise Singapore (ESG) on Monday (Apr 18). Non-oil domestic exports ...
World Cup fever boosts business for sports stores, some restaurants in Singapore
Merchandise of the Japanese and South Korean teams is high in demand after both Asian nations advanced to the World Cup knockout stage.
Commentary: Educate crypto retail investors rather than test them
The implosion of FTX and plummeting prices of cryptocurrencies such as Bitcoin have been costly lessons for retail investors. What is the best way to protect investors from getting in over their heads ...
Brisbane crypto exchange Swyftx fires 90 staff, profits fall by 23%
Cryptocurrency has had a rough year. Over the weekend, Singapore crypto exchange Bybit, which is ranked in the top 10 for cryptocurrency exchanges worldwide, laid off 30 per cent of its staff. Like ...
Singapore chicken supplies low and prices up after lifting of Malaysia export ban
Chicken sellers in Singapore said their earnings are affected by higher poultry prices and low supplies, seven weeks after neighbouring Malaysia lifted its ban on chicken exports, The Straits Times ...
Singapore’s Olam Agri secures US$2b for parent’s reorganisation
SINGAPORE’S Olam Agri has secured a US$2 billion bridge financing facility to support the reorganisation plan of its parent, Olam Group, the grains and animal feed trader said on Monday (Dec 5). Read ...
Singapore stocks rise on Monday amid regional gains; STI up 0.3%
SINGAPORE stocks climbed higher on Monday (Dec 5), tracking gains in major regional markets amid positive sentiment over reopening prospects in China. Read more at The Business Times.
Singapore retail takings up 10.4% in October though car sales extend slump
Sales of motor vehicles dropped 15.8% year on year in October, after a 20.2% tumble in September. Read more at straitstimes.com.
Q3 corporate profits rise on strong banking, commodity sector performance
THE banking and commodity sectors led Singapore-listed companies to a stronger set of earnings for the quarter ended September. Read more at The Business Times.
New York, Singapore are the World’s most expensive cities right now
Tel Aviv, which topped the rankings last year, was bumped into third position, Hong Kong and Los Angeles rounded out top five priciest places.