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Tag: business

Posted on 05/01/2024

More than three-quarters of Singapore businesses feel pessimistic about next 12 months: Singapore Business Federation

The survey involved 1056 companies, with top challenges like increase in business costs and manpower costs as key factors.

Posted on 05/01/2024

Singapore fuel oil inventories hit about five-month highs

Exports down for second consecutive week * Imports from the West and Middle East drop * Bunker demand lukewarm this week -traders By Jeslyn Lerh SINGAPORE, Jan 4 (Reuters) - Onshore inventories of ...

Posted on 05/01/2024

Asia’s business heirs look beyond profits, hoping to escape parents’ shadow

For some millennial business heirs, the journey is smooth. For others, the gap between their comfortable lives – which gave them the space to learn about socially conscious “impact investing” – and ...

Posted on 05/01/2024

Moody’s rates first tokenized Singapore-Dollar government bond fund

The first tokenized fund using Standard Chartered's SC Ventures' platform Libeara has been rated by Moody's. The SGD Delta Fund, a tokenized fund consisting ...

Posted on 04/01/2024

Singapore’s middle distillates stock levels fall despite lower net exports

Singapore's middle distillates stock levels fell almost 9% from last week to a five-month low, despite a decline in net exports of both gasoil/diesel and jet fuel/kerosene.

Posted on 04/01/2024

Singapore Tourism Market Predicts Revenue Surge to US$ 39.9 Billion by 2032, Guided by a 4% CAGR | FMI

The global singapore tourism market is projected to garner a revenue of US$ 27 billion in 2022, surpassing US$ 39.9 billion by 2032, advancing at a CAGR of 4% during the forecast period (2022 to 2032) ...

Posted on 04/01/2024

Singapore Private Sector Growth Remains Strong

Singapore's private sector activity expanded at a solid pace in December, as new business rose at the fastest rate in nineteen ...

Posted on 04/01/2024

Crypto Firm BingX to Sponsor Football Giant Chelsea as Sports Partnerships Revive

Crypto firm BingX on Wednesday signed a deal to sponsor a part of football giant Chelsea's jersey, according to local media reports from London.

Posted on 04/01/2024

FPJ Cyber Secure: 37-Year-Old Man Loses ₹40 Lakh In Crypto Investment Fraud

Mumbai: A 37-year-old man working for a finance company lost ₹40 lakh after falling prey to a cryptocurrency investment fraud. In his police complaint, the Andheri resident said that he came in ...

Posted on 04/01/2024

Singapore Prime Minister Lee Hsien Loong issues warning against deepfake crypto scam surge

Singapore's Prime Minister, Lee Hsien Loong, warned the public about the surge in deepfake videos circulating on social media platforms. These AI-generated ...

Posted on 04/01/2024

Crypto Community Celebrates 15 Years since Satoshi’s Genesis Block

Fifteen years ago, on January 3, 2009, Satoshi Nakamoto, the mastermind behind the Bitcoin (BTC) protocol, mined the inaugural genesis block.

Posted on 03/01/2024

Singapore PM Lee Hsien Loong Warns Citizens of Crypto Scams Using His Deepfake Videos

Loong's deepfake image is seen promoting a fake type of “hands-free crypto trading” and promising guaranteed “returns on investments” in the video.

Posted on 03/01/2024

SG To Hike Consumption Tax Rate to 9% from New Yr’s Day; Some Retailers To Bear Tax Hike

Singapore will hike its consumption tax rate by 1 ppt to 9% from New Year's Day, the second rate hike since a 1 ppt increase this year, according to Reuters. The tax rate remained unchanged for the ...

Posted on 03/01/2024

United States acts as top cop — setting the crypto standards for the world

In a year that saw crypto giant Binance hit with a $4 billion settlement and high-profile SEC lawsuits, regulators overseas have been busy pursuing new laws.

Posted on 03/01/2024

Coinbase Buckles 10% as Crypto Stocks Falter Despite Bitcoin Topping $45K

Shares of Coinbase, bitcoin miners endured sharp drawdowns Tuesday despite BTC's strong showing ahead of spot ETF decision.Crypto stocks appeared ...

Posted on 03/01/2024

Despite some misbehaving customers, Singapore’s heartland shops warm to CDC vouchers as scheme enters 5th year

Merchants and hawkers tell CNA the cash has generally helped their business, with some patrons spending more on things like hair perms and even mobile phones.

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