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Tag: business

Posted on 14/11/2024

Genting Singapore shares slide but analysts upbeat on future profits

Analysts said its financial performance came in below expectations, but still maintained their “buy” call on the stock. Read more at straitstimes.com.

Posted on 14/11/2024

More Singapore firms saw overseas sales growth in 2024: SBF survey

The report of a survey by the Singapore Business Federation (SBF), released on Thursday (Nov 14), said this contributed to a rise in the proportion of businesses with at least two-fifths of sales from ...

Posted on 14/11/2024

IRAS recovers over S$3m from funeral sector in unpaid taxes and penalties since 2019

The Inland Revenue Authority of Singapore (IRAS) started investigations into the funeral industry and its related services - such as rites by religious practitioners, embalming and food catering - ...

Posted on 14/11/2024

Crypto Confidence High Among Singapore Institutional Investors, Sygnum Survey Finds

Institutional investors in Singapore are leading the charge in increasing their crypto allocations, according to Sygnum’s annual Future Finance survey. The report revealed that 57% of Singapore ...

Posted on 14/11/2024

S’pore non-retail investors more likely than global peers to boost crypto holdings in 2025: Poll

More than half, or 57 per cent, of the 121 Singapore-based respondents intend to raise their crypto allocations. Read more at straitstimes.com.

Posted on 14/11/2024

Billionaire’s Singapore firm posts earnings jump

Frasers Property Ltd, the developer controlled by Thai billionaire Charoen Sirivadhanabhakdi, saw full-year earnings rise, led by higher residential contributions from China and Australia.

Posted on 14/11/2024

The US Just Elected Trump As President: What Does It All Mean For Singapore Investors?

For those of us in Singapore, should we be buying crypto or Bitcoin just because of Trump? Honestly? That’s not the best reason to be FOMO buying it right now. We have no idea whether he’s going to ...

Posted on 13/11/2024

Inside The Wild Money Machine Fueling Crypto’s Stupidest Bubble

Most in traditional finance have long considered cryptocurrency a joke. Now legions of young meme coin traders are leaning into the absurdity, translating their financial nihilism into a booming—if ...

Posted on 13/11/2024

South Korean Youtuber Arrested for Allegedly Masterminding $213 Million Crypto Fraud

A South Korean YouTuber and his network allegedly defrauded 15,000 investors out of 300 billion won. The group impersonated government agencies, manipulated markets, and preyed ...

Posted on 13/11/2024

How South Korean police cracked $230M crypto fraud targeting elderly investors

The scam was led by a YouTuber, Mr. A, who promoted false crypto investments to his 620,000 followers ... Mr. A evaded initial police efforts by leaving South Korea through Hong Kong and Singapore ...

Posted on 13/11/2024

Singapore stocks rise even as trade tariff fears hurt market sentiment in Asia; STI up 0.2%

Thai Beverage was the STI’s top gainer, rising 2 per cent to 52 cents, while Frasers Logistics and Commercial Trust was at the bottom of the table, shedding 3 per cent to 97 cents. The counter began ...

Posted on 13/11/2024

Two Singapore media veterans sued over RM3.3mil loan given to their business to promote Mandarin

Two media professionals, Chua Chim Kang and Lee Kuan Fung, are being sued by a businessman seeking repayment of a S$990,000 (RM3.3 million) interest-free loan he had given the pair in 2017.

Posted on 13/11/2024

Singapore’s 2025 salary growth projected to be slowest in Southeast Asia, study reveals

SINGAPORE: According to the latest Singapore Business Review report, Singapore’s salary growth is expected to remain modest in 2025, with a projected increase of just 4.4%, the lowest across Southeast ...

Posted on 13/11/2024

‘Many dark times’: How this startup founder overcame self-doubt and started a $100-million-a-year business

In one of his business classes, which involved learning how to write ... In 2007, Tiong returned to Singapore and started Patsnap with the help of a government grant worth 55,000 Singapore dollars ...

Posted on 13/11/2024

Singapore shares retreat at Wednesday’s open; STI down 0.7%

SINGAPORE shares began trading lower on Wednesday (Nov 13), extending global equity market declines overnight. As at 9.02 am, the Straits Times Index (STI) fell 0.7 per cent or 24.31 points to ...

Posted on 13/11/2024

Thai billionaire’s Singapore firm Frasers Property sees profit jump

Still, it has faced various setbacks in Singapore, including failed bids by consortiums it was part of for a rental pilot site and another for an alternative business district in the city’s west. Both ...

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