Singapore-based digital asset manager Amber Group has cut its Hong Kong staff by half to 40 to weather a slump in cryptocurrency prices and a cascade of bankruptcies in the industry.
I flew on the world’s longest flight in business class and thought the 18-hour trip from Singapore to New York was nearly flawless
Though it was long, I wouldn't hesitate to make the trek again if it included Singapore Airlines' huge lounger and delicious food.
IMDA investigating virtual telco Gorilla for halting mobile services without seeking its approval
The authorities are investigating Gorilla Mobile for not seeking the necessary approval before halting their mobile services, after the virtual telco earlier announced that it was stopping its mobile ...
Singapore shares track Wall Street losses; STI down 0.4%
SINGAPORE shares finished trading lower on Thursday (Jan 19), after Wall Street clocked overnight losses following softer economic readings that sparked recession worries. Read more at The Business ...
OANDA Explores Singapore’s Retail Trading Trends for 2023
At this time of year, the financial media frequently publishes articles outlining possible market scenarios for retail traders. While markets continue to be unpredictable, one of the lenses that can ...
Singapore: NODX retreated markedly in 2022 – UOB
Senior Economist at UOB Group Alvin Liew reviews the latest NODX figures for the past year. “Singapore’s non-oil domestic exports (NODX) headline again came in worse than even our pessimistic forecast ...
LTE Base Station Market Size 2023 with Regional Scope, Report Coverage, Historic Data, Outlook 2028
LTE Base Station market size is estimated to be worth USD 50830 million in 2022 and is forecast to a readjusted size ...
IMDA investigating virtual telco Gorilla for halting mobile services without seeking authorities’ approval
The authorities are investigating Gorilla Mobile for not seeking the necessary approval before halting their mobile services, after the virtual telco earlier announced that it was stop ...
Singapore Economic Expansion Moderates As Global Economy Slows
The Singapore economy grew at a pace of 3.8% year-on-year in 2022, helped by the significant easing of pandemic-related restrictions.
Singapore court raises bail for alleged nickel trading scammer Ng Yu Zhi to S$6mil
Alleged nickel trading scammer Ng Yu Zhi’s S$4 million bail was raised to $6 million on Thursday (Jan 19), and he now faces the prospect of being jailed for more than 20 years if convicted after his ...
Tata Tech Starts Work on IPO to Raise up to ₹4k Cr
N Chandrasekaran-led Tata group has initiated the process to list Tata Technologies through an initial public offering (IPO).
Leo Wealth acquires Singapore’s Jachin Capital
Leo Wealth’s Singapore office will be headed by Jachin Capital founder and CEO Joyce Woo, a wealth management veteran with over 30 years of corporate and private banking experience in Singapore and ...
UOB Kay Hian lifts ThaiBev’s TP to 85 cents as Chinese tourists return
With the return of Chinese tourists to Thailand, UOB KH sees that ThaiBev stands to benefit from higher alcohol consumption levels ...
UOB to issue S$850m perpetual capital securities with 5.25% rate per annum
The distribution rate will reset on 19 January 2028 and every five years thereafter. United Overseas Bank is issuing S$850m perpetual capital securities with a fixed distribution rate of 5.25% per ...
UOB first out of the blocks in SGD bond market
The United Overseas Bank (UOB) opened the Singapore dollar bank capital market in 2023 when it priced on January 12 an S$850 million (US$644 million) additional tier 1 (AT1) offering. The perpetual ...
Wealthy foreigners gain less from buying Singapore property through family offices, experts say
WHILE foreign interest in Singapore properties has been on the rise in recent years, wealthy foreigners are likely buying assets under their individual names – instead of through their family offices ...