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Posted on 16/11/2022

Singapore’s Sea seeks to break even in e-commerce by 2023

SINGAPORE: Singapore-based tech group Sea expects to break even in its e-commerce business by the end of 2023 as the loss-making company conducts a series of layoffs and reviews spending, borrowing ...

Posted on 16/11/2022

ArcelorMittal faces hurdle from Singapore-based firm while bidding for SREI Infra Finance

Singapore-based Payash Capital, a 49 per cent stakeholder in Trinity Alternative Investment Managers Limited (TAIML), has opposed the decision of the administrator to include ArcelorMittal as a bidder ...

Posted on 16/11/2022

Singapore’s shift to preventive care to address healthcare costs: report

The country plans to roll out a healthcare platform to make healthcare accessible. Singapore’s plans to roll out a new healthcare reform “Healthier SG,” seeking to shift the country’s healthcare ...

Posted on 16/11/2022

Itron (ITRI) to Aid Singapore-Based PUB to Curb Water Wastage

Itron Inc ITRI has announced that Singapore’s national water agency – PUB – is deploying the company’s industrial IoT network canopy under PUB’s Smart Water Meter Program. PUB will be leveraging the ...

Posted on 16/11/2022

Modec officials charged with corruption, money laundering in Singapore

Two employees of Japanese floater specialist Modec have been charged in court in Singapore for alleged graft, with one charged for allegedly committing corruption, cheating and money laundering ...

Posted on 16/11/2022

HSBC opens new head office in Singapore’s MBFC

The new premises are digitally enabled and support new hybrid ways of working for HSBC’s 4,000-strong local workforce.

Posted on 16/11/2022

5 Singapore Blue-Chip Stocks With Growing Profits: Can Their Share Prices Soar?

The IR comprises six luxury hotels, a world-class convention centre, a theme park (Universal Studios Singapore), a casino, and the S.E.A Aquarium and Adventure Cove waterpark. Genting released its ...

Posted on 16/11/2022

Introducing yuu, Possibly Singapore’s Best Loyalty Programme That Lets You Collect Points Across Multiple Brands In One App

Today, those have been largely replaced with loyalty rewards programmes that we can easily store on our mobile phones. Yet, the idea that we should stretch our money remains just as relevant, if not ...

Posted on 16/11/2022

New private home sales slump on lack of fresh major condo launches, rising mortgage rates

New private home sales slumped in October on the dearth of new major condo launches following the Sept 30 cooling measures, rising mortgage rates, low stock of unsold new units and rising ... ( read original story ...)

Posted on 16/11/2022

Tech talent still in demand in Singapore despite mass layoffs, say analysts

But tech professionals should expect smaller pay raises and hybrid roles in the new job market, analysts tell CNA.

Posted on 16/11/2022

Singapore-based Payash Capital objects to Arcelor inclusion in Srei bidding

Singapore-based Payash Capital, a 49 per cent stakeholder in Trinity Alternative Investment Managers Limited (TAIML), has opposed the decision of the administrator to include ArcelorMittal as a bidder ...

Posted on 16/11/2022

Singapore’s Sea Has Smaller-Than-Expected Loss on Cost Cuts

Sea Ltd.’s quarterly loss swelled less than analysts had estimated, helped by measures to curtail expenses as the Singapore online company’s growth slows.

Posted on 16/11/2022

Singapore home sales hit 2.5-year low as cooling curbs begin to bite

Singapore home sales dropped to the lowest since April 2020 as fresh property curbs soured residents’ typically strong buying appetite. New privately owned apartments sold by developers fell to 312 ... ( read original story ...)

Posted on 16/11/2022

FTX Not Licensed in Singapore, Monetary Authority of Singapore Says

Singapore’s central bank is “carefully reviewing” the license application of FTX.com local subsidiary Quoine Pte. Ltd, amid the bankruptcy blow-up of the disgraced crypto exchange.

Posted on 16/11/2022

DBS, OCBC, UOB raise interest rates for fixed home loans to up to 4.5%

SINGAPORE: DBS, OCBC and UOB raised their fixed home loan interest rates on Tuesday (Nov 15), with rates reaching up to 4.5 per cent. DBS, Singapore’s largest lender, has four fixed rate packages ...

Posted on 16/11/2022

The FTX debacle should spur regulation of crypto trading

Specialized crypto bourses like FTX burst forth through this conceptual hole. They helped create spectacular wealth, as evidenced by Bankman-Fried’s now-eviscerated $26 billion fortune. But although ...

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