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Posted on 26/10/2023

Singapore Remittance Market to Reach $13.34 billion by Volume, by 2032 at 5.2% CAGR: Allied Market Research

“Singapore Remittance Market Type (Inward Remittance and Outward Remittance), Channel (Banks, Money Transfer Operators, and Others), Application (Consumption, Savings, and Investment), Mode ...

Posted on 26/10/2023

Singapore’s factory output decline narrows to 2.1% as electronics production picks up

SINGAPORE’S manufacturing output slid 2.1 per cent on year in September, slowing from August’s 11.6 per cent decline as electronics output climbed, data from the Singapore Economic Development Board ...

Posted on 26/10/2023

Singapore retrenchments rise in Q3, unemployment on a ‘slow uptrend’

A total of 4,100 people were retrenched in the third quarter of 2023, as compared to 3,200 in the previous quarter, says the Manpower Ministry (MOM).

Posted on 26/10/2023

Retrenchments in Singapore rose to 4,100 in 3Q2023 with majority from wholesale trade sector: MOM

The proportion of firms which indicated an intention to hire in the next three months fell to 42.8% from 58.2%.

Posted on 26/10/2023

Singapore retrenchments hit 4,100 in Q3, highest since Q4 2020

THE number of retrenchments in Singapore rebounded in the third quarter, even as the labour market expanded for eight consecutive quarters, early data from the Ministry of Manpower (MOM) showed on ...

Posted on 26/10/2023

Why building digital trust should be a business priority

Here's how TrustTech -- an emerging category of technology designed to foster trust, security, and safety online -- can help.

Posted on 26/10/2023

Punggol to host Singapore’s largest vehicle-to-grid testbed; work kicks off in November

PUNGGOL will soon play host to Singapore’s largest vehicle-to-grid (V2G) testbed. This comes as a consortium led by SMRT Corporation’s business arm, Strides, was awarded a grant to test the technology ...

Posted on 26/10/2023

Singapore’s AIOX Emerges with a New Fund Focused on Deeptech and Web3

SINGAPORE - Media OutReach - 26 October 2023 - AIOX Apex Angel ... corporation and public listing of corporates in various industries, including real estate, finance, manufacturing, blockchain, energy ...

Posted on 26/10/2023

Singapore bank UOB sees stronger 2024 outlook, third-quarter net profit trails estimate

UOB, Singapore's third-largest bank by assets, projected mid single-digit loan growth and double-digit fee growth for its 2024 outlook.

Posted on 26/10/2023

Singapore-based multi-currency app YouTrip raises another US$50 million in funding

YouTrip CEO Caecilia Chu says the company turned profitable in April and now processes US$10 billion in payments a year.

Posted on 26/10/2023

Hobbled Crypto Exchange’s Creditors Are Suing Its CEO and Want to Claw Back Money From ‘Bitcoin Jesus’

CoinFLEX CEO Mark Lamb breached his fiduciary duty when he created a new company, OPNX, with the founders of failed crypto hedge fund Three Arrows Capital, creditors argue. They are also critical of a ...

Posted on 26/10/2023

Singapore-based fintech YouTrip picks up $50M led by Lightspeed

YouTrip, a Singapore-based fintech that offers multi-currency wallet for consumers and business accounts with corporate cards for SMEs, has its eyes on growth throughout Southeast Asia after landing a ...

Posted on 26/10/2023

Singapore’s 2023 total investment sales to fall short of S$25b forecast

Total investment sales value in Singapore is projected to drop from the forecasted S$24 billion - S$25 billion to S$19 billion - S$21billion, according to a Savills report. This is due to the ...

Posted on 26/10/2023

How to legally reduce your income tax in Singapore (2023 edition)

Yes, it is possible for many middle-income earners to legally get away with paying zero taxes…that is, if you know how to be smart about it. I was recently interviewed by Channel News Asia to share my ...

Posted on 26/10/2023

Singapore proposes shared responsibility framework for finish scams

Both financial institutions and telcos are held accountable for mitigating scams. The Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA) have jointly published a ...

Posted on 26/10/2023

SLNG to develop and operate a second LNG terminal in Singapore

The terminal will have a gas supply capacity of up to 5 million tonnes per annum. Singapore LNG Corporation will develop and operate a second Liquefied Natural Gas (LNG) terminal in Singapore, Finance ...

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