Singapore-based investment firm Foresight Ventures has acquired an 80% stake in crypto news publication The Block for $60 million, according to a person familiar with the matter. Foresight Ventures ...
Three indicators to identify stress in the banking system, and what they show now
THE banking sector has been grappling with slowing loan growth, rising interest rates and greater macroeconomic uncertainty. Read more at The Business Times.
Small man with big heart, former Singapore basketballer Chong Yew Seng dies aged 62
Chong had been diagnosed with advanced peritoneal mesothelioma, a form of cancer affecting the lining of the abdomen, in September. Read more at straitstimes.com.
Fake ‘WhatsApp Web’ pages scam 267 in Singapore of RM2mil this month
At least 237 people have fallen for a phishing scam involving fake ‘WhatsApp Web’ pages since November, with total losses amounting to S$606,000 (RM2mil), the police said in a statement on Monday (Nov ...
Singapore rolls out first EV chargers at HDB carpark
For the first time, charging points for electric vehicles (EVs) have been installed at a surface-level Housing Board carpark.
Diwali in Singapore: President Tharman hosts his first Deepavali open house at The Istana
Indian-origin Singapore President Tharman Shanmugaratnam, who was elected recently with a landslide margin of votes, hosted thousands of people at his first Deepavali (aka Diwali) open house at The ...
Self-care for caregivers is vital, say Singapore fiancé of woman with depression and a psychiatrist – who offers tips on avoiding carer burnout
Depression is not contagious, but can affect you if you look after someone with the condition, a psychiatrist says. A Singapore lawyer with depression, and her fiancé, stress the need for self-care.
3 arrested in Singapore over suspected links to multi-million dollar ‘refund fraud’ scheme in the US
SINGAPORE: Three men have been arrested in Singapore in relation to a “refund fraud” scheme that caused large online retailers in the US to suffer millions of dollars in losses. The men are aged ...
Fall in COE prices: Singapore car showrooms busier, but some customers take wait-and-see approach
At the Hyundai car showroom at Leng Kee Road on Sunday afternoon, several families — some with kids in tow — were checking out each car on display ...
Singapore vows to implement Crypto Asset Reporting Framework
It mulls to transpose CARF into domestic law by 2027. Singapore and 47 other jurisdictions vowed to begin automatic exchanges in crypto-asset reporting based on the internationally agreed Crypto-Asset ...
Singapore’s life insurance industry dips 9.7% in 9M23
The life insurance industry reported a YTD total of S$3.5b in weighted new business premiums. Amid global economic uncertainty, sustained inflation, and geopolitical tensions, Singapore's life ...
At Tanglin Halt for decades, some stallholders, shop tenants trudge on despite slow business
Despite sluggish sales, some stallholders have chosen to stay for nostalgia's sake. Read more at straitstimes.com.
Singapore emerges as 6th highest-paying city for marketers
Globally, Singapore ranks sixth, offering an average annual marketing salary of $116,890.10 (£70,223.04). Meanwhile, the average annual disposable income of markets in Singapore is $45,300.63 (£27, ...
Genting Singapore’s net profit jumps 59% YoY to $216.3m in 3Q23
Genting Singapore recorded a net profit of $216.3m in 3Q23, a 59% jump from 3Q22. In the same period, the company saw a 33% YoY growth in its revenue to reach $689.9m. Meanwhile, the company announced ...
Singapore enters new phase of energy transition with latest EMA standards for coming power plants: HSBC
EMA released on Oct 26 new emission performance standards for new and repowered fossil fuel-fired power plants.
‘The investment we make will pay off’: 3 Singaporean leaders explain why they’re prioritising mental health
THE way we work was fundamentally changed by the Covid-19 pandemic; for many, that process was stressful and difficult to navigate. The Business Times (BT) spoke to three corporate leaders in ...