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Tag: business

Posted on 24/08/2024

Energy-hungry Singapore eyes Malaysia’s rainforests, Australia’s deserts, for clean power

Singapore is looking to its neighbours for sources of renewable energy as it aims to reach net zero by 2050 despite challenges.

Posted on 24/08/2024

New AI-Crypto Project Bad Idea AI (BAD) Set for WEEX WE_Launch Listing and Large-Scale Airdrop

$BAD hands over the reins to both AI and the community, creating a decentralized project that could redefine the boundaries of what AI can achieve. It's a bold, last-ditch effort—a "Hail Mary" ...

Posted on 24/08/2024

Singapore’s ‘balancing act’ respects the past, must not constrain nation’s future: PM Wong

PM Wong's team will respect the past and also be bold, seeking better solutions and choosing the best way forward for Singapore It is a "balancing act" to respect the past but not allow it to ...

Posted on 24/08/2024

WazirX security breach: Crypto platform to resume INR withdrawals in phases starting August 26

WazirX will lift the suspension on INR balance withdrawals starting August 26. Users can withdraw 66% of their balances by September 22. A breach in its multisig wallet resulted in a loss of $230 ...

Posted on 23/08/2024

TOKEN2049 Singapore exhibition opportunities sold out, limited tickets remain to world’s largest Web3 event

TOKEN2049, the world’s largest crypto event, is set to make history again by shattering all previous records for its 2024 edition. Taking place September 18-19 at the Marina Bay Sands ahead of the ...

Posted on 23/08/2024

South Korean man in Singapore allegedly bought gold bars with RM5bil in ill-gotten gains, hid 23,000 of them in shipments

Kim Taek Hoon, 63, allegedly used the money to buy nearly 28,000 gold bars, each weighing 1kg. He is also accused of cheating the Singapore Customs and three logistics companies here during the period ...

Posted on 23/08/2024

CVC and Abu Dhabi, Singapore Funds Make Around $15.6 Bln Joint Bid for DB Schenker

A consortium formed by CVC Capital Partners, Abu Dhabi Investment Authority and Singapore’s sovereign-wealth fund GIC made a bid for Deutsche Bahn’s logistics division Schenker, which values the ...

Posted on 23/08/2024

Singapore has higher inflation rates than other APAC countries, but its wealthy are the most optimistic about the economy

SINGAPORE: MDRi’s Economic and Spending Sentiment Report, released on Thursday (Aug 22) showed that among... The post Singapore has higher inflation rates than other APAC countries, but its wealthy ar ...

Posted on 23/08/2024

Singapore is the third most generous country in the world, as per index topped by Indonesia

According to the report, one of the key drivers behind Singapore’s strong performance is the government’s recent initiatives aimed at enhancing charitable contributions. Notably, the Corporate ...

Posted on 23/08/2024

Singapore to start ‘precautionary’ mpox screening at seaports

Singapore began temperature and visual screening of sea checkpoints as a precautionary measure against the import of mpox from abroad. Similar screening measures will also be implemented at Changi and ...

Posted on 23/08/2024

40% Singapore businesses plan hiring in next 12 months: survey

Nearly half of businesses, 48%, will maintain their current staffing level and 12% plant to reduce it, according to an annual survey released Thursday by the Singapore Business Federation. Half of ...

Posted on 23/08/2024

AIA Singapore’s new business value rises 27% in first half; new recruits up by 13%

AIA Singapore's operating profit after tax amounts to US$343 million for the first half. Read more at straitstimes.com.

Posted on 23/08/2024

Singapore sets up precautionary mpox screening at Changi, Seletar airports and sea checkpoints

SINGAPORE - Temperature and visual screening will be carried out at Changi and Seletar airports from Aug 23 as a precautionary measure against the import of mpox from abroad. The Ministry of Health ...

Posted on 23/08/2024

Singapore solved its housing crisis. It could hold lessons for Australia

Singapore's home ownership rate has risen from 40% in the 1970s to 90% today. A leading economist thinks Australia could learn from its policies.

Posted on 22/08/2024

PayPal partners with crypto bank Anchorage Digital to offer stablecoin rewards—despite murky legal rules

As the crypto industry fights for clarity on stablecoin oversight, Anchorage insists that its novel program operates outside the jurisdiction of the SEC.

Posted on 22/08/2024

Singapore slams 70,000 euros fines for chewing gum

Beware, this candy could cost you an arm and a leg if you chew it in this country. Every day, millions of us around the world chew gum. As a treat that shouldn't be swallowed, many of us opt to spit ...

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