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Posted on 07/01/2023

Olam Agri picks banks for US$1 billion Singapore listing

Olam Group has picked banks to lead a planned Singapore listing of its agribusiness unit that could raise as much as US$1 billion, people familiar with the matter said.

Posted on 07/01/2023

StanChart to join other banks in hiring in S’pore even as Wall Street culls staff

It will be hiring around 1,800 people here, in areas such as relationship management, sustainable finance and app development. Read more at straitstimes.com.

Posted on 07/01/2023

Why are Creative Technology’s shares surging?

Speculation is rife that the family of the late Mr Sim Wong Hoo will sell his stake in the company to investors who could take it private. Read more at straitstimes.com.

Posted on 07/01/2023

Singapore Arbitrator Rules Against Mining Software Firm Poolin’s IOU Model, But the Firm Hasn’t Paid Yet

Poolin had issued I-owe-you tokens in exchange for its users’ crypto deposits. A Singapore arbitrator said that’s not OK.

Posted on 06/01/2023

StanChart to hire 1,800 staff in S’pore as banks here grow workforces despite Wall Street lay-offs

Standard Chartered is the latest bank in Singapore to launch a recruitment drive amid a sector-wide hiring spree. Read more at straitstimes.com.

Posted on 06/01/2023

River Hongbao returns as organisers prepare for record number of visitors

Organisers of the River Hongbao event are preparing for a record turnout as this year’s edition gets a boost from the removal of pandemic restrictions. The nine-day event at Gardens by the Bay from ...

Posted on 06/01/2023

Singapore: High Street seems to be losing momentum – UOB

Alvin Liew, Economist at UOB Group, comments on the November’s contraction of Retail Sales. Key Takeaways “After two months of sequential increases, Singapore’s retail sales ...

Posted on 06/01/2023

Singapore: Reformative training for 20-year-old who raped two underaged girls, including his sister

He raped his 11-year-old sister while she was asleep, having sexually and physically assaulted her before. After he was caught and later released on bail for the offences, the secondary school student ...

Posted on 06/01/2023

“Masterminds” Behind Singapore’s Largest Stock Market Manipulation have Been Sentenced

On December 28, 2022, the "masterminds" behind Singapore's largest stock market manipulation have reportedly been sentenced.

Posted on 06/01/2023

Singapore’s leading crypto group opposes proposed ban on lending tokens

SINGAPORE’S main crypto lobby group has pushed back on the central bank’s proposals to bar crypto firms from lending out retail customers’ digital tokens, saying such a measure is “overly restrictive.

Posted on 06/01/2023

A fifth of mobile gamers are deeply engaged when playing in-app

One-fifth of mobile gamers focus on the game when playing and nothing else making them a highly alert audience for in-app marketing. That’s according to the latest research from brand advertising tech ...

Posted on 06/01/2023

Singapore stocks fall tracking Wall Street retreat; STI down 0.5%

SINGAPORE shares were in the red on Friday (Jan 6), mirroring a decline in US equities overnight, even as regional markets turned in a mixed performance. Read more at The Business Times.

Posted on 06/01/2023

Singapore orders removal of vending machine snack suspected of containing hemp

SINGAPORE: The Central Narcotics Bureau (CNB) has ordered a company to remove from sale an imported snack product suspected to contain hemp seed flour. Piranha Power Pack Nuts, which is marketed with ...

Posted on 06/01/2023

Standard Chartered faces fresh questions after report of Middle East bank’s takeover bid

STANDARD Chartered’s Bill Winters wanted to mark the start of 2023 “with a little kindness”, he said on LinkedIn, but instead finds himself in the middle of a fresh debate about the emerging-market ...

Posted on 06/01/2023

Crypto exchange Huobi to lay off 20% of staff

Crypto exchange Huobi plans to lay off about 20% of its staff, the company told Reuters on Friday. "The planned layoff ratio is about 20%, but it is not implemented now. With the current state of the ...

Posted on 06/01/2023

Not just the Sound Blaster: 7 Creative Technology products remembered

From MP3 players to a chatbot, here's a look back at products by the late tech pioneer Sim Wong Hoo's Creative Technology.

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