Shein was valued at just $15 billion but as recently as April last year it soared to $100bn and rumors of a New York IPO abounded. Now it could have dropped to $64 billion. Here's why.
Singapore to roll out measures to help its people better navigate digital services: Josephine Teo
DAVOS - Singapore aims to be a digital nation for everyone, and is working on measures to equip people with the skills to use such technologies with confidence, said Minister for Communications and ...
Property agent who created fake listing of semi-detached house as marketing tactic fined $5,000
Terrence Lin had created the fake listing to gauge the response of potential buyers and lied to CEA when questioned. Read more at straitstimes.com. ( read original story ...)
Hong Kong’s Dah Sing Bank strikes bancassurance deal with Canada’s Sun Life
Hong Kong's Dah Sing Bank and a subsidiary of Canada's Sun Life Financial Inc have struck a 15-year bancassurance partnership deal in Hong Kong."Sun Life will pay an amount of HK$1.5 billion ($191.5 ...
Canada’s Sun Life clinches $192 million bancassurance deal with Dah Sing Bank
Sun Life Financial Inc has struck a 15-year bancassurance partnership in Hong Kong with Dah Sing Bank, a move that is likely to boost the Canadian insurer's presence in the special administrative ...
Singapore’s Zilingo to Liquidate After Crisis at Fashion Startup
Zilingo Pte is set to enter liquidation, capping a months-long crisis that shocked Asia’s technology and startup industries.Most Read from BloombergMore Young Americans Are Dying, But Not From ...
IMDA investigating Gorilla Mobile for ceasing service without approval
THE authorities are investigating virtual telco Gorilla Mobile Singapore for not seeking approval to stop its mobile service, as is required under the licence conditions. Read more at The Business ...
SPH Media saga: Audit committee, legal advisers brought in to further investigate inflated circulation data
"Of particular concern" was how 49,000 average daily copies were recorded as circulation numbers but not distributed, says SPH Media in a statement.
SPH Media asks its audit and risk committee to investigate overstated circulation numbers
SPH Media Holdings Board has tasked its Audit and Risk Committee to investigate the misrepresented circulation figures revealed via its internal review more fully, and consider what further steps, if ...
SPH Media Trust roping in legal advisers to investigate inflated circulation numbers ‘more fully’
SINGAPORE — SPH Media Trust (SMT), a non-for-profit firm that owns the Straits Times and Lianhe Zaobao, said it has tasked its audit and risk committee to investigate its inflated circulation issues ...
Singapore dollar hits two-year high against US currency but upside seen limited
Building upon its resilience last year to a surging US dollar, the Singapore dollar has rallied in 2023 to hit its highest level in about two years.
SPH Media to investigate circulation issue more fully
SPH Media Trust (SMT) will reassess its methodology for reporting of circulation data after an internal review found that circulation data had been overstated, the company said in a statement on ...
Factbox: FACTBOX The many companies in Digital Currency Group’s crypto empire
U.S. crypto company Digital Currency Group (DCG) is at the center of the industry's latest meltdown after one of its companies, Genesis, froze customer withdrawals in November.
Crypto lending unit of Genesis files for US bankruptcy
The lending unit of crypto firm Genesis filed on Thursday for US bankruptcy protection from creditors, toppled by a market rout along with the likes of exchange FTX and lender BlockFi.
Tech billionaire’s loan to keep solar export dream to Singapore alive
The billionaires, both investors in the company, are at odds over whether to use clean electricity from a planned giant solar project in Australia for local use, or to export it to Singapore. Sun ...
IMDA investigating virtual telco Gorilla Mobile for not seeking approval before ceasing service
SINGAPORE: The Infocomm Media Development Authority (IMDA) is investigating virtual telco Gorilla Mobile for failing to seek the authority's approval before ceasing its mobile service, as required ...