The outlook was weighed down by negative sentiment in the manufacturing and wholesale trade sectors. Read more at straitstimes.com.
Singapore’s Cautionary Roar: Navigating Crypto’s Popularity with Prudence
Despite the growing popularity of crypto, Singapore continues to adopt a cautious and prudent approach towards it.
Singapore assures banking system okay amidst US bank failures
MAS said that its local banks have “insignificant exposures” to the failed banks. Singapore assured that its banking system “remains sound and resilient” after the recent closure of two US banks ...
Crypto firms Circle, Coinbase, Crypto.com rush to assure customers after US bank failures
Two US banks - Silicon Valley Bank and Signature Bank - were designated as a systemic risk to the financial system. Read more at straitstimes.com.
U.S. Crypto Firms Seek Swiss Banking Partners Amid Banking Meltdown
Crypto-focused U.S. bank Silvergate Capital Corp said it planned to close last week after it was hit with losses following the dramatic collapse of crypto exchange FTX in November last year. Its ...
Withstanding Covid test: Shipping one of Singapore’s response successes, says white paper
City-state said in early days of the outbreak the industry provided the only way to import most food Singapore’s shipping, port and logistics industries have emerged as one of the more successful ...
Crypto firms Circle, Coinbase, Crypto.com rush to assure customers amid US bank collapse
Two US banks - Silicon Valley Bank and Signature Bank - were designated as a systemic risk to the financial system. Read more at straitstimes.com.
Signature Bank closure deals another blow to crypto industry
The closure of Signature Bank, a lender that counted a number of crypto companies as customers, marks another major setback for digital assets as the industry becomes ever more cut off from the ...
Shipping one of Singapore’s Covid response successes, says white paper
City state said in early days of the outbreak shipping provided the only way to import most food Singapore’s shipping, port and logistics industries have emerged was one of the more successful ...
South-East Asia’s tech slowdown – Singapore’s Sea and Indonesia’s GoTo cut jobs in quickening tech pullback
Singapore's Sea Ltd. and Indonesia's GoTo Group, two of South-East Asia’s largest internet companies, are embarking on fresh layoffs as the region’s once high-flying tech leaders retrench to focus on ...
Singapore’s Keppel to sell its Myanmar hotel for $57 million
According to Keppel Corporation, divestment from Sedona Hotel Yangon is going to allow it to unlock capital which can be used for new growth opportunities ...
SG is 10th most crypto-ready market
The Lion City’s crypto adoption rate is 25%. Singapore ranked as the 10th most ready market for crypto adoption. Data from HedgewithCrypto showed that searches about crypto in Singapore have risen 234 ...
Innovation through business the key to growth for society — if by-products are mitigated
Insead dean Ilian Mihov says that growth has “no limit” — a statement that he readily acknowledges can be “controversial”.
Commentary: Amid global race for talent, look at how to export Singapore leaders to the world
SINGAPORE: As the global race for talent heats up, much has been said about the need to attract the best and the brightest ...
Singapore’s Hawkers Raise Prices for First Time in 40 Years
Many of Singapore's renowned hawkers are raising prices for the first time in forty years due to global inflation.
How Singapore’s crypto ambitions are taking shape and what other nations can learn
Unique in the world, Singapore is a big investor and player in digital assets while advancing regulations that favor institutions over individual crypto users, writes Danny Chong of Tranchess.