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Posted on 16/11/2022

FTX Latest: Fears of Contagion Darken the Crypto Sector Outlook

The crypto industry braced for more contagion from the fall of Sam Bankman-Fried’s FTX empire. The US and The Bahamas are talking about bringing him to America for questioning, people familiar with ...

Posted on 16/11/2022

Singapore, Germany forge stronger ties to bolster supply chains

Germany and Singapore bolstered their partnership for supply chain diversification, stressing pipeline expansion instead of decoupling with China. The move comes as the European Union member nation, ...

Posted on 16/11/2022

Singapore Blockchain-Based Securities Exchange Scores $20 Million In KB Securities-Led Funding

Singapore-based ADDX, which operates a securities exchange powered by blockchain technology, announced on Tuesday that it had secured roughly $20 million in a fundraising round led by KB Securities, ...

Posted on 16/11/2022

Kingsmen co-founder Ong raises stake; Japfa in buybacks ahead of subsidiary’s planned IPO

Ong last bought Kingsmen shares more than a year ago although this was via a married deal that also involves fellow co-founder cum chairman Benedict Soh. On March 2, 2021, Ong and Soh acquired 500,000 ...

Posted on 16/11/2022

Singapore’s Sea Posts $9 Billion Surge After Cost Cutting Push

Sea Ltd. shares jumped 36% in its biggest-ever single-day jump after the gaming and e-commerce company posted a smaller-than-expected quarterly loss, helped by drastic cost cuts.

Posted on 16/11/2022

DBS expands footprint to Bangladesh, appoints former HSBC exec as chief representative

Singapore was the third-largest importing partner of Bangladesh, with imports amounting to about US$2.4 billion.

Posted on 16/11/2022

G-20: Singapore PM calls for open supply chains and for countries to accelerate net-zero ambitions

The rules-based multilateral trading system needs to be strengthened so that all countries can continue to enjoy unimpeded access to energy, food and agricultural commodities, especially during crises ...

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 ...)

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