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Tag: business

Posted on 28/08/2023

‘No one’s feeling good’: Visual effects industry hit by global challenges as Lucasfilm ends Singapore operations

Lucasfilm said it will shut down its visual effects and animation studio in Singapore. CNA looks at how disruptions brought on by the COVID-19 pandemic and Hollywood strikes could have led to this.

Posted on 28/08/2023

Sinopec says not interested in acquiring Shell’s Singapore refinery, petrochem plant

HONG KONG - China’s Sinopec Corp is not interested in acquiring Shell’s refinery or petrochemical plant in Singapore, Sinopec president Yu Baocai said on Monday. Read more at straitstimes.com.

Posted on 28/08/2023

Managing distortions from people parking money in Singapore property

IN DENSELY populated Singapore, living in a detached home in a Good Class Bungalow (GCB) Area can offer one a haven – a luxurious abode sitting on land of over 15,000 square feet, ensconced in leafy ...

Posted on 28/08/2023

Chinese carmaker BYD to buy US firm Jabil’s mobility business for US$2.2 billion

ELECTRIC vehicle maker BYD said on Monday its unit struck a deal with US-based manufacturing firm Jabil Inc’s Singaporean division to buy its mobility business in China for 15.8 billion yuan (S$2.9 ...

Posted on 28/08/2023

Country Garden’s Forest City to get new tax breaks, Anwar says

Country Garden, once China’s biggest developer, is facing a worsening cash crunch and and has as much as US$2.9 billion of bond payments due before the end of the year. The company has delayed a ...

Posted on 28/08/2023

Asia’s crypto industry has been real busy this week

It’s been a whirlwind of a week for the Asian crypto industry. Every time you think the cryptoverse has exhausted its supply of adrenaline-pumping news, Asia steps up to the plate and says, “Hold my ...

Posted on 28/08/2023

‘Quite an abrupt shock’: Closure of Lucasfilm’s Singapore studio comes amid global industry challenges

Lucasfilm said it will shut down its visual effects and animation studio in Singapore. CNA looks at how disruptions brought on by the COVID-19 pandemic and Hollywood strikes could have led to this.

Posted on 27/08/2023

UPDATE 2-Singapore’s non-oil exports fall for a 10th month in July

Singapore's annual exports fell for a 10th month in July as the city-state's trade-reliant economy continues to wilt because of slowing global growth amid elevated borrowing costs.

Posted on 27/08/2023

Singapore open to importing electricity from India: Report

Singapore is open to importing up to 4GW of electricity from regional countries, incl. India, to improve energy security. EMA seeks bids till Dec 29 and will select companies to import the electricity ...

Posted on 27/08/2023

$1 billion bust: Two sides to money laundering through blockchain technology, crypto

They may offer many tools for concealment, but they also allow the authorities to better track such fund flows. Read more at straitstimes.com.

Posted on 26/08/2023

Vauld crypto exchange gets court nod for board overhaul amid crisis

Singapore-based crypto exchange Vauld has received court approval to overhaul its board of directors. The move is part of the company’s ongoing bankruptcy proceedings, which began in August 2022.

Posted on 26/08/2023

CoinW Takes Center Stage as Platinum Sponsor for TOKEN2049 Singapore

In June, they sponsored the Crypto Expo Asia in Singapore as a diamond sponsor. In the product section, CoinW has been actively launching initiatives such as CoinW Academy and Launchpad, providing ...

Posted on 25/08/2023

S’pore to still import seafood from Japan after Fukushima nuclear wastewater release

There will be no immediate change in the Singapore Food Agency (SFA)'s stance on seafood imports from Japan after the country began releasing nuclear wastewater containing radioactive elements into ...

Posted on 25/08/2023

No Ban On Import Of Japanese Seafood To S’pore Following Fukushima Nuclear Wastewater Release

Singapore has no plans to ban seafood imports from Japan even after the release of Fukushima nuclear wastewater into the ocean.

Posted on 25/08/2023

WinRAR patches zero-day bug that targeted stock and crypto traders

Cybersecurity firm Group-IB discovered a zero-day exploit in the popular file compression software WinRAR, which has now been patched.

Posted on 25/08/2023

No immediate ban on Japan seafood in Singapore after Fukushima water release

Japanese seafood has not been banned in Singapore following the release of treated radioactive water on Thursday (Aug 24) from the wrecked Fukushima nuclear power plant into the Pacific Ocean ...

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