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Posted on 09/01/2023

Crypto exchange Huobi to lay off 20pc of staff

SINGAPORE: 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 ...

Posted on 09/01/2023

Tesla offers discount in Singapore on EVs in inventory

Tesla has begun offering discounts to electric vehicle buyers in Singapore who agree to purchase existing inventory of the Model 3 or Model Y, a company sales representative said on Monday. Tesla is ...

Posted on 09/01/2023

One of Singapore’s worst maid abuse cases: Woman gets 14 years’ jail for joining daughter in torturing Myanmar maid to death

The woman who joined her daughter in torturing a maid from Myanmar to death was sentenced to 14 years' jail on Monday (Jan 9).Prema S. Naraynasamy, 64, who was present in court, had no reaction and ...

Posted on 09/01/2023

Singapore’s semiconductor aspiration benefited from geopolitical uncertainties

Singapore's 10-year plan for its manufacturing sector seeks to strengthen its research and development capability and attract relevant technology talents, aiming to make the country a semiconductor ...

Posted on 09/01/2023

Market LIVE Updates: SGX Nifty futures indicate a gap-up start for Nifty and Sensex

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open higher on the first trading day of the week amid positive cues from global markets. Singapore Exchange Nifty futures, an early ...

Posted on 09/01/2023

EY expects better global IPO activities in second half of year

EY sees favorable conditions lifting global initial public offering (IPO) activities to "greater momentum” by the second half of the year (2H23) despite a "somber performance through at least the ...

Posted on 09/01/2023

Commentary: Land-strapped Singapore may struggle to fulfil the new global biodiversity deal, but there are other things it can do

The Paris Agreement was forged eight years ago, and many countries are only just starting to implement plans to achieve the goals under the pact to tackle climate change.

Posted on 09/01/2023

Singapore court jails woman to 14 years jail for role in fatal abuse of Myanmar maid

The mother of a woman who was jailed in 2021 for the fatal abuse of a domestic worker was sentenced on Monday (Jan 9) to 14 years’ jail. The court ...

Posted on 09/01/2023

Singapore man holding woman hostage at knifepoint in Yishun arrested (Videos)

A 42-year-old man was arrested this morning for taking a 60-year-old woman hostage at knifepoint in bad rep Yishun.

Posted on 09/01/2023

Blackpink concert in Singapore: 2nd date added in May

The K-pop girl group will also now be performing on May 14 at the National Stadium. Ticketing details have not yet been announced.

Posted on 09/01/2023

Bank of Singapore names ex-Goldman Sachs SG CEO as new chief

Jason Moo served as CEO of Goldman Sachs Singapore from 2017 to 2019. Bank of Singapore, the private banking arm of OCBC Bank, has named Jason Moon as its chief executive officer, effective 6 March.

Posted on 09/01/2023

Plantation sector likely to be less volatile in 2023: UOB Kay Hian

UOB Kay Hian analysts Leow Huey Chuen and Jacquelyn Yow are maintaining their “market weight” rating on the plantation sector, expecting it to be less volatile in 2023 compared to last year. In their ...

Posted on 09/01/2023

Hong Kong’s reopening is likely to push GDP growth above Singapore’s

AFTER a near-certain contraction last year for the third time since 2019, Hong Kong’s economy is coming back stronger this year and may even grow faster than rival financial hub Singapore for the ...

Posted on 09/01/2023

Death of Myanmar maid: Woman jailed for joining daughter in one of Singapore’s worst maid abuse cases

SINGAPORE: A woman who joined her daughter in abusing a maid until she died of a brain injury has been sentenced to 14 years' jail. Prema S Naraynasamy, 64, was given the sentence on Monday (Jan 9) ...

Posted on 09/01/2023

Singapore’s unemployment rates stay low in November: MOM

SINGAPORE’S unemployment rates dipped slightly in November and held steady at around pre-pandemic levels, according to the latest figures from the Ministry of Manpower (MOM) on Monday (Jan 9). Read ...

Posted on 09/01/2023

Jack Ma is giving up control of Ant. What does that mean for Ant’s IPO reboot?

The next big question for Ant is whether it will get another chance at going public now that billionaire Jack Ma, China’s most-famous entrepreneur, is ceding control. 1. What would need to happen for ...

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