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Posted on 14/03/2023

Silicon Valley Bank’s collapse hastens unravelling of long-standing ties between US venture capital and China’s technology start-ups

Silicon Valley Bank's failure appears to have shattered its Chinese clients' belief that their money is bulletproof within the US financial system The likely impact of the US lender's collapse is that ...

Posted on 14/03/2023

Check property prices, market trends with new analytics tool and 3D interactive map

For a $150 administrative fee, sellers can also list their property on the portal and be assigned an agent to handle buyer inquiries. Read more at straitstimes.com. ( read original story ...)

Posted on 14/03/2023

Singapore banking system has ‘insignificant exposures’ to failed SVB, Signature Bank: MAS

SINGAPORE: The Singapore banking system has “insignificant exposures” to the failed Silicon Valley Bank (SVB) and Signature Bank, which collapsed in recent days, the Monetary Authority of Singapore ...

Posted on 14/03/2023

Singapore’s banking system has ‘insignificant exposures’ to SVB and Signature Bank

SVB was closed by Californian regulators on March 10 while Signature Bank was closed by New York regulators on March 12. In its statement, MAS adds that the banking system in Singapore remains “sound ...

Posted on 14/03/2023

Crypto firms Circle, Coinbase, Crypto.com rush to assure customers after US bank failures

Two US banks - Silicon Valley Bank and Signature Bank - were designated as a systemic risk to the financial system. Read more at straitstimes.com.

Posted on 14/03/2023

US rotationally deploys RQ-4 drone from Singapore, sources reveal

Sources in Singapore say the unmanned aircraft arrived in January and was still operating from the island nation in early March.

Posted on 14/03/2023

Viterra secures sustainability-linked trade finance facility from DBS

Singapore’s DBS has provided a US$50mn trade finance facility to Glencore subsidiary Viterra, linked to sustainable sourcing of palm oil products. Under the working capital loan, Viterra will receive ...

Posted on 14/03/2023

U.S. Crypto Firms Seek Swiss Banking Partners Amid Banking Meltdown

Crypto-focused U.S. bank Silvergate Capital Corp said it planned to close last week after it was hit with losses following the dramatic collapse of crypto exchange FTX in November last year. Its ...

Posted on 14/03/2023

US Air Force RQ-4 drone conducts rotational deployment from Singapore

Sources in Singapore say the unmanned aircraft arrived in January and was still operating from the island nation in early March.

Posted on 13/03/2023

5 Ways to Increase Your Chances of Getting a Personal Loan in Singapore

Personal loans in Singapore are a convenient and affordable way to meet urgent cash needs. Here are five tips to help you ensure your ...

Posted on 13/03/2023

Withstanding Covid test: Shipping one of Singapore’s response successes, says white paper

City-state said in early days of the outbreak the industry provided the only way to import most food Singapore’s shipping, port and logistics industries have emerged as one of the more successful ...

Posted on 13/03/2023

Start-ups in Singapore to face more difficulties in fundraising after US bank failures, say experts and VCs

In the near term, some start-ups in Singapore with US-based venture capitalists or investors may see funding being delayed, industry players told CNA.

Posted on 13/03/2023

As Singapore food and rent costs soar, can hawkers bear the ‘pain’ for much longer?

Researchers found that hawkers who tried to keep going often sought to 'keep their prices the same' despite financial pressures; Study comes amid debate on how Singapore will navi

Posted on 13/03/2023

Man to be charged after attacking Malaysian actor in Singapore with baton

SINGAPORE: Malaysian actor Kamal Adli was reportedly seriously injured after being attacked at a Hari Raya Mega Sale 2023 event at Singapore Expo on Sunday (Mar 12). The incident happened while Kamal and his wife,

Posted on 13/03/2023

Singapore firm “saves $400 million” by not migrating to cloud

A Singaporean SEO business said it has saved up to $400 million in just three years by maintaining its own on-prem server infrastructure instead of shifting to the cloud. Ahrefs chose to invest in its own hardware infrastructure rather than migrating to the cloud,

Posted on 13/03/2023

Central Singapore CDC partners UOB to help 1,500 children pick up new digital skills through My Digital Bootcamp

This is part of Central Singapore Community Development Council (CDC)'s SkillsFuture ... based workshops to learn advanced digital-making skills, such as robotics, mobile app development, game design ...

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