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Posted on 21/06/2023

Wirecard Fraud Scandal: First Criminal Convictions Handed Down In Singapore

The once celebrated German payments firm collapsed spectacularly in 2020 after it acknowledged around $2 billion of listed assets probably didn’t exist.

Posted on 21/06/2023

P&G to invest over $100 mil to set up new manufacturing facility in Singapore

The announcement was made by the NYSE-listed group as part of its 35th anniversary of operations in Singapore.

Posted on 21/06/2023

Singapore’s Grab Plans Biggest Job-Cut Round Since Pandemic

Grab Holdings Ltd. is preparing its biggest round of layoffs since the pandemic, as the internet company faces stiffening competition in ride-hailing and meal delivery across Southeast Asia.Most Read ...

Posted on 21/06/2023

Stock Market Live: Sensex, Nifty 50 in the red, HUL, M&M, Maruti drag

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open lower tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was last trading 75.5 ...

Posted on 21/06/2023

Goldman says IPO bust looks like it’s ready to boom once again

A gauge that measures the overall environment for IPOs has surged to a reading of 93 from its low of seven last September, and it’s set to keep on rising, Goldman Sachs says. A level of 100 indicates ...

Posted on 21/06/2023

Is Singapore Property Unaffordable or Are We Just Paying Premiums for Quality Housing?

Housing affordability in Singapore has been a hot topic. In an article published in The Business Times, Dr Lee Nai Jia, Head of Real Estate Intelligence, Data and Software Solutions, PropertyGuru ... ( read original story ...)

Posted on 21/06/2023

Maybank to use Singapore as base to draw wealthy clients, hub to anchor regional fund flows

SINGAPORE - Asean nations stand to benefit as restrictions on bilateral trade between the United States and China continue to draw certain production functions away from China, said Maybank group ...

Posted on 21/06/2023

Two former execs jailed in Singapore in first conviction over Wirecard fraud

TWO individuals have been sentenced to jail in the first Wirecard-related conviction in Singapore and globally. They pled guilty to charges for their role in the scandal. Read more at The Business ...

Posted on 21/06/2023

Gemini plans Asia-Pacific expansion as part of ‘next wave of growth for crypto’

Crypto exchange Gemini said it planned to establish an engineering division in India as well as increase the number of staff at its Singapore offices.

Posted on 21/06/2023

Crypto Exchange Gemini to Expand Asia-Pacific Operations to Capture ‘Next Wave’ of Growth

The company plans to expand in Asia-Pacific (APAC), a region it sees as driving the “next wave of growth for crypto.” ...

Posted on 21/06/2023

Gemini to Hire Over Hundred Employees in Singapore as Firm Eyes Asia-Pacific

Cryptocurrency exchange Gemini intends to hire more than a hundred employees to expand its team in Singapore over the next year, it announced in a blog post on June 20. The company also stated that it ...

Posted on 21/06/2023

Crypto exchange Gemini looks to expand presence outside U.S.

Gemini, the cryptocurrency exchange led by Cameron and Tyler Winklevoss, is planning to expand in Asia-Pacific.

Posted on 21/06/2023

Singapore becomes world’s most expensive city for luxury living

London (UK) and New York (US) to become the most expensive city for an upper-class lifestyle, according to the 2023 Global Wealth and Lifestyle Report released recently by Julius Baer Group based in ...

Posted on 21/06/2023

Fears Of Recession Mount In Singapore; Job Slowdown To Hurt NRIs? | Watch

Singapore reported some weak economic numbers raising fears of recession. The annual exports fell for the eighth consecutive month. The total employment expanded at a slower pace and job vacancies ...

Posted on 21/06/2023

Singapore’s Grab cuts 1,000 jobs to stay competitive

Singapore-based Grab Holdings is preparing its biggest round of layoffs since the pandemic, Bloomberg News reported on Tuesday, citing people familiar with the matter.

Posted on 21/06/2023

Singapore ride-hailing firm Grab slashes 1000 jobs in biggest layoff since pandemic

Singapore ride-hailing firm Grab Holdings said it is cutting over 1,000 jobs or 11% of its workforce to cut costs and keep the company competitive, in its biggest round of job cuts since the pandemic ...

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