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Category: BUSINESS

Posted on 05/12/2022

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.

Posted on 05/12/2022

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.

Posted on 05/12/2022

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.

Posted on 05/12/2022

Rice exports likely to reach US$3.5 billion this year

VOV.VN - Vietnam is anticipated to rake in roughly US$3.5 billion from exporting more than seven million tonnes of rice this year, according to industry insiders.

Posted on 05/12/2022

Big cryptocurrency exchange Bybit lays off 30% of workforce as FTX contagion spreads

A prominent cryptocurrency exchange has been forced to make mass job cuts just weeks after FTX sensationally collapsed.

Posted on 05/12/2022

Singapore shares rise on Monday; STI up 0.4%

SINGAPORE stocks rose in early trade on Monday (Dec 5), following a mixed session on Wall Street last Friday. Read more at The Business Times.

Posted on 05/12/2022

More firms flock to co-working spaces in Singapore but rising costs hit operators’ profit margins

Occupancy has recovered from an average of 50% to 60% during the pandemic to 80% to 90% by the third quarter of 2022. Read more at straitstimes.com.

Posted on 04/12/2022

FTX: inside the crypto exchange that ‘accidentally’ lost $8bn

As FTX, the crypto business led by the 30-year-old ... The entrepreneur also wooed high-profile investors from BlackRock and Singapore’s state-owned fund Temasek to hedge fund Millennium Management’s ...

Posted on 04/12/2022

See where Florida exports the most goods to

Keep reading to see which countries your home state exports the most goods to. You may also like: Countries Florida imports the most goods from #30. Singapore - Exports: $568.4 million - Largest ...

Posted on 04/12/2022

Singapore tour companies see increase in bookings during holiday season | Video

Tour companies in Singapore say business is back to near pre-pandemic levels as the holiday season draws near. Although foreign tourists make up most of their bookings, locals are also signing up.

Posted on 03/12/2022

Three Arrows Capital Liquidators Seize $35.6M From Singaporean Banks

In a court hearing Friday, 3AC’s appointed liquidators blasted the collapsed hedge fund’s founders for talking to the media while repeatedly failing to cooperate with them.

Posted on 02/12/2022

Singapore’s Temasek fund ‘reviewing’ $275 million FTX loss

Singapore’s sovereign wealth fund Temasek Holdings is reviewing its $275 million investment in the now-bankrupt FTX crypto exchange, the city-state’s finance minister Lawrence Wong said. Temasek has ...

Posted on 02/12/2022

MetaComp becomes the latest crypto exchange to receive Singapore license

Singapore-based crypto exchange MetaComp has been granted Singapore’s license, enabling it to offer digital asset exchange and custody services to institutional investors.

Posted on 02/12/2022

Crypto Exchange Zipmex Secures Creditor Protection Extension as Court Sets Deal Deadline

Zipmex, the South Asian crypto exchange that froze withdrawals because of a ... The extension was granted by Singapore's High Court alongside a directive that states any takeover deal for Zipmex must ...

Posted on 02/12/2022

New York, Singapore are world’s most expensive cities. See top 10 list

According to the Economist Intelligence Unit's Worldwide Cost of Living survey, New York and Singapore are the world's most expensive cities to live in.

Posted on 02/12/2022

Singapore Launches ESG Impact Hub: What it Means for Green Finance

Singapore recently launched the environmental, social, and governance (ESG) Impact Hub to promote the country’s ESG ecosystem and set global standards for green and sustainable finance.

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