Singapore-based Sea on Tuesday (Mar 7) posted its first quarterly profit, as the gaming and e-commerce company benefited from major cost cuts it undertook to offset a post-pandemic slowdown in demand.
34% of investment professionals in SG expect private capital market to worsen
Some, however, said it will be about the same. More than three in 10 (34%) investment professionals in Singapore believe that the private capital market will be “somewhat worse” in 2023, data from ...
Singapore’s Sea Group turns profitable for the first time
Tech giant Sea posted a quarterly profit for the first time as the company pledged to move towards profitability last quarter.
Sea sails past growth vs. profitability debate
Singapore technology giant Sea on Tuesday reported its first ever quarterly profit, beating regional tech firms like GoTo and Grab to the punch. The almost $1 billion swing from a fourth-quarter loss ...
Lee Hsien Yang implies in Facebook post that he is never returning to Singapore
Lee Hsien Yang, the younger brother of Prime Minister Lee Hsien Loong, has implied that he is never returning to Singapore.
Covid-19 White Paper: Singapore identifies 7 lessons for next pandemic, and what went right and wrong
The Covid-19 pandemic has shown that while the Government must learn from past crises, it must not be limited by existing playbooks if they do not work, but be nimble enough to adopt new strategies, a review of Singapore's pandemic response has found.
COVID-19 White Paper: U-turn on masks, confusing measures among areas Singapore says it could have done better
The Government could also have better managed the outbreak in migrant worker dormitories, border measures, contact tracing efforts and the transition to endemic COVID-19, according to the White Paper.
Economists lift Singapore’s 2023 growth forecast to 1.9% on China rebound hopes: MAS survey
The pace of Singapore's economic growth is seen accelerating to 2.5 per cent in 2024. Read more at straitstimes.com.
Singapore Begins Investigation Into Do Kwon’s Terraform Labs After SEC Charged Company With Defrauding Customers
Do Kwon and Terraform Labs were charged with defrauding investors in crypto schemes Kwon remains a fugitive and frequently changes his hiding spots Ten months after the world witnessed the epic crash ...
Economists Raise Singapore’s 2023 Growth Forecast Slightly, MAS Survey Shows
Singapore's economy is likely to expand slightly faster this year than previously forecast, aided by a brighter outlook ...
Singapore ranks 8th in survey of cities where super rich own a home
HONG KONG - New York is the world’s most popular place for the super rich to own a property while tiny Singapore ranks eighth, according to a new report by data firm Altrata. A total of 21,714 ...
Lee Hsien Yang hints at never returning to Singapore, says he is unlikely to see his ‘extremely unwell’ sister again
Mr Lee Hsien Yang said on Tuesday (March 7) that he may never return to Singapore amid an ongoing police investigation into him and his wife, Mrs Lee Suet Fern.In a lengthy Facebook post, Mr Lee, the ...
Stock Market Live: Sensex and Nifty 50 poised for a lower start, Asian indices in the red
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open lower mirroring the moves across global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was ...
Pockets of uptrend in Singapore stock market
Singapore-listed companies operating in industries from real estate to commodities say business conditions will get tougher this year as demand slows and costs continue to rise.
Babel Finance Files for Moratorium, Works on New Stablecoin to Repay US$$766M Loss
Crypto lender Babel Finance has filed applications in the Singapore High Court to buy more time from its creditors for up to six months.
UOB faces criticism on social media over cash deposit machine blunder
SINGAPORE — United Overseas Bank (UOB) has once again come under criticism on social media, this time from a customer who reported a blunder in their services. The customer alleged that the money that ...